You said, "By 2018, 31% of the cloud workloads will be in public cloud data centers, up from 22% in 2013."

I'm wondering, will the advance of Hybrid Cloud adoption scenarios (in particular, the Cisco notion of an Intercloud model) perhaps change the public/private mix over time? Or, is it too soon to predict an outcome?

BTW, kudos to you and your team, Thomas. Your informed market assessment is always thought provoking. I trust that this message finds you well.