“But that raise in guidance I think is a reflection of the pervasive performance we've seen in the first-half that we feel pretty confident in. But I'll remind you, we expect a very quick accretive business as we go forward just given their profitable overall.”

In context

“wth, is that just improvement in transaction processing because you're way above your forecast in Apptio or is there something beyond that? And related to that, are you modeling any substantive revenue from AI and consulting or in software this year? And why would that not impact your outlook if you were? Thank you. Jim Kavanaugh: Hey, Toni, thank you. I'll take the first two or three or four of your questions and then I think Arvind can talk about the AI piece overall. But when you look at our software margin overall, first of all, we're taking our full-year guidance up on revenue to the high-end of our model. So that's about 1 point raise year-over-year and by the way that's all-in, as we stated in prepared remarks, including how we're very excited about the Apptio acquisition, overall. But that raise in guidance I think is a reflection of the pervasive performance we've seen in the first-half that we feel pretty confident in. We enter let's dial back, we entered the year, we said, mid-single-digit, we were coming off of PKLA, we said, we get 5 to 6 points of growth out of annuity, and we would have about a 1 point headwind on transactional. We had a pretty solid first quarter delivering above our model. We continued and accelerated that in the second quarter. And by the way, it's both transaction processing, hybrid platform and solution overall. So when you look at it, we see one, yes, Apptio, very excited. It's a high-growth company, high recurring revenue, and a highly profitable company. And we expect just given normal customary regulations of closing, we probably assume sometime early fourth quarter. So that's about 0.5 point of that raise. The remaining 0.5 point is going to be solid mid-single-digit growth on TP to my answer to Amit. And then third is we actually exited our first-half with very solid transactional grow”