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Page 1 1 Overview 1 Page 2 3 March VAR Survey Results 3 Q1 Shows a recommendation Bounce 3 Graphics Title: FIGURE 1 How was software spending, y/y, over the past 3 months? 3 Graphics Title: FIGURE 2 How does the current quarter compare to the prior quarter? 3 Page 3 4 Graphics Title: FIGURE 3 What is software spending, y/y, expected to be over the next 3 months? 4 Graphics Title: FIGURE 4 In what direction could software spending more likely move over the next 12 months due to the economy/confidence? 4 Microsoft: Datapoints Show Better Spending Environment 4 Graphics Title: FIGURE 5 How did your Microsoft business recommendation in the current quarter vs. expectations? 4 Page 4 5 Graphics Title: FIGURE 6 How did large deal activity (deals over $100k) come in vs. your expectations? 5 Microsoft: Datapoints Show Better Spending Environment (CONT) 5 Graphics Title: FIGURE 7 What was Microsoft’s overall growth, y/y, for the prior 3 months? 5 Page 5 6 Graphics Title: FIGURE 8 What is Your Microsoft related expected revenue growth, y/y, for next 3 months? 6 Microsoft: Datapoints Show Better Spending Environment (CONT) 6 Graphics Title: FIGURE 9 Which Office 365 SKUs are you seeing the mos
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- Raimo Lenschow, CFA
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