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      "text": "Growing portfolio of public cloud/SaaS and APIs driven by Titanium\n$511M TTM Q2 F'23 enterprise cloud bookings(2), +25% y/y\nImmediately offering a private cloud option for all major Micro Focus offerings\nUntap further opportunities with Hyperscalers",
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      "text": "Off-cloud is the preferred choice for some customers and workloads\nInstalled base places OpenText in incumbent position to capture more share\nOff-cloud generate higher margin and cash flow",
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      "text": "Uplift Micro Focus renewals to OpenText standards through:\nCentralized renewals\nAnnual price adjustments\nPremium support and\nOther value offerings",
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      "text": "75% of executives cite talent availability as main adoption risk for IT automation technologies (3)",
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      "text": "1. Annual recurring revenue (ARR) as a % of total revenues and is defined as the sum of cloud services and subscriptions revenue and customer support revenue.\n2. Enterprise cloud bookings is defined as the total value from cloud services and subscription contracts, entered in the period that are new, committed and incremental to our existing contracts, excluding the impact of Carbonite and Zix.\n3. https://www.gartner.com/en/newsroom/press-releases/2021-09-13-gartner-survey-reveals-talent-shortages-as-biggest-barrier-to-emerging-technologies-adoption",
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