“But longer-term, we'll feel very confident about our near-term targets we laid out during the investor event. Metallic is going to be a key part of that growth.”

In context

“Brian Carolan (Chief Financial Officer): I think it is, Jason. First of all, good morning, great to have you here. I think a reasonable services growth rate for FY 2022 of low-single digits is probably appropriate. Again, we're going through a period of transformation and we've been strategically converting many of our older perpetual maintenance customers to more modern workloads that could be in a SaaS, it could be converting them to new subscription offerings, and that has a bit of a headwind for services growth in general. But longer-term, we'll feel very confident about our near-term targets we laid out during the investor event. Metallic is going to be a key part of that growth.”