“It came from the consumption-based services and offerings side of the equation, which, by the way, it’s about 20 percent of our portfolio is shorter duration overall.

Source: https://www.crn.com/news/cloud/ibm-ceo-krishna-touts-hybrid-approach-to-ai-says-partners-key-to-delivering-genai-to-customers

The big difference is that economic growth under Duterte was led by investment and fixed capital formation, and this 2022 economic boom is more consumption-based.

Source: https://thediplomat.com/2023/01/the-philippines-post-pandemic-economy-is-booming/

We previously covered ) in September 2023, discussing its mixed prospects at a time of generative AI boom, with the management electing to pivot to a lower margin consumption-based pricing model to grab market share and consumer base.

Source: https://seekingalpha.com/article/4656664-c3ai-q2-overly-lifted-by-the-generative-ai-hype?source=feed_all_articles