“Now, in the short-term for the next six months, we do think it holds up a little bit.”

In context

“as the war in the Middle-East. Second, inflation has gone longer than people expected, which has the unfortunate consequence of higher interest rates and that begins to bear on people. If I look at those two altogether and that then at the moment you have higher interest rates and inflation, you have wage inflation, which does impact the bottom-line of our clients. You put all of that into perspective and is this going to go on for another six months? Likely. Is it going to go on for another year? I'm not so sure, but we got to get through the second half to be able to go there. So, that is why we are optimistic about the medium-term and long-term vector on Consulting. And as Jim answered in the prior question, we do see that this is going to become a tailwind over time, at least for us. Now, in the short-term for the next six months, we do think it holds up a little bit. In terms of answering the specifics and sort of decomposing some of the numbers that you laid out in the first part of your question, I'm going to turn that over to Jim. Jim Kavanaugh: Yes. Thanks Arvind and thanks Amit for the question overall. You know, let's put this in perspective, right? You go back 90 days ago, how did we see the year kind of playing out with Consulting? We said at that point in time, we had backlog growing nicely mid-single-digit, albeit we did talk about durations going up because large scale transformations were really where the spend was moving to. But we had a solid book-to-bill trailing 12 months over 1.15. We had GenAI momentum that was going to continue throughout the year early in the cycle. We had strategic partnerships, Red Hat growth profile, and we had”