One thing I'm getting a little confused about- hopefully someone here can shed some light.
the claimed revenue hit is due to customers moving from perpetual licenses to consumption based. As of Dec 2020 (prospectus data) perpetual licenses only made up 7% of total revenue. This means most of the perpetual licenses must have transitioned to consumption/ module to make up downgraded revenue guidance? is that correct? Given new customers acquisition is ahead of forecast, this means further risk to revenue downgrade is limited?
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