“In line with Matt Hedberg's earlier question, we are investing in this trend and anticipate similar results in 2022 and 2023 as we experienced in 2020 and 2021.”

In context

“Cam McMartin (Interim CFO): Thank you for the questions, Hamza. To address your inquiry, the growth in ARR is primarily driven by the strength of our SaaS business, while the shift from our maintenance base is an emerging factor. Overall, the robust ARR guidance reflects our solid competitive position. We are successfully capturing opportunities across various market segments, including different verticals, sizes, and geographies. Our go-to-market efforts are yielding positive results, and we are pleased with this momentum. In line with Matt Hedberg's earlier question, we are investing in this trend and anticipate similar results in 2022 and 2023 as we experienced in 2020 and 2021. Regarding your second question, the maintenance migration is starting to contribute, although it's still a small part. We aim to grow this area thoughtfully, ensuring that customers transitioning from IIQ to ID now are successful throughout the process. We will respond to demand as it arises, but we do not plan to accelerate our efforts toward maintenance migration in 2022.”