The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Gabriela Borges - Goldman Sachs Group, Inc., Research Division - Analyst
: Bill, I wanted to ask on the longer-term implications of generative AI and what customers are telling you the way it's going to impact their budget.
In other words, what are you hearing in terms of customer spending intentions on marketing technology and software versus marketing people
versus other areas of the budget? And is it actually leading to customers potentially thinking about taking up their budgets from marketing software
over the medium term?
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JUNE 08, 2023 / 9:00PM, BRZE.OQ - Q1 2024 Braze Inc Earnings Call
Question: Gabriela Borges - Goldman Sachs Group, Inc., Research Division - Analyst
: Yes, that makes sense. And it ties nicely into a little bit of a longer-term road map question. You mentioned the dynamic around consolidation of
point products. You talked a little bit about competition. How are you thinking about Braze expanding longer term outside of marketing into
perhaps adjacencies and other front office applications?
Question: David E. Hynes - Canaccord Genuity Corp., Research Division - Analyst
: Bill, maybe you could talk a little bit about what you're seeing in terms of adoption of cloud data ingestion. And then for the customers that turn
that capability on, what are you seeing in terms of signs that maybe, a, they're spending more with Braze; or b, yielding better results. Any color
there would be helpful.
Question: Nicholas William Altmann - Scotiabank Global Banking and Markets, Research Division - Analyst
: Just given the strength in billings and customer count and the sequential step-up you're guiding to in revenue for 2Q, I know Isabelle, you talked
about deals that slipped out of 4Q closed in Q1. But I'm curious, just was there any sort of pull forward activity of bookings into 1Q?
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