 So here the ARM TechCon 2016 you had two new CPUs you announced. Yes so we announced a complete IoT technology suite starting those the technology suite where two processors the ARM Cortex M33 and M23 both our processors are bringing to the market ARMS V8M architecture which brings trust zone security capability and security infrastructure to the very kind of compact endpoint market. It's targeted at making IoT much more scalable, more secure, more efficient and very deployable. So this is using the V8M that you announced last year and you're putting all the stuff that you announced about that into this to the CPU. Yes so ARM V8M is an architecture we announced last year obviously we've been working on the processor designs for the last few years and now what this brings to market is the trust zone capability that puts the root of trust into the hardware but along with the Cortex M processors that we announced we also announced a suite of other components so we have the system IP that goes with it. It's not just the processor that has to be secured has the whole system on chip we're adding to it our trust zone crypto cell technology that'll bring in you know secure boot capability better trusted environments around it. We also try to reduce the time to market the risk by putting together a subsystem that not only puts together the processor the interconnect and the secure IP but also our next-generation Bluetooth 5 and ZigBee compatible cordial radio technology and all the key drivers the software to start that subsystem. So it's a really good starting point for IoT endpoints where you can then layer in your special sensors you can layer in your specialized accelerators but really take to market a very secure part a very scalable way. So security is very important is the one of the most important things right now. You're talking about segmenting the secure boot and all that stuff yes that's the way to do right in the future? Absolutely I think what has been very evident is that as we get devices that are closer to us are actually have our health information have our travel information have a lot more personal data security becomes that much more critical. Also now with every device being connected it also becomes a the weakest link breaks the chain. So security becomes critical for our IoT world as has been seen in recent attacks that have been coming from insecure areas. So if we actually look at security it's no longer a nice to have it's becoming a must-have. So Trussone, Armour has been doing Trussone for a long time has it been before in the Cortex-M? No this is the first time we're bringing it to the efficiency of the Cortex-M level but Trussone's been around in the market for the last decade over 12 years. You can see it in a lot of smartphones doing authentication, payment protection and digital content as well. Now these are also systems that have larger operating systems and a lot more software and the idea behind Trussone is to reduce the attack surface and take it to the smallest point. Now in the micro controller world you can't have that much more complex software and the Trussone for Armour V8M for these micro controllers has been designed to be that much smaller and less resource-containing. So Trussone has evolved in the last 10 years. It's been better and better and as it gets smaller and more efficient and but this is the most efficient Trussone ever right? It's got to be real-time or? Yes so I think that's a very good point. Micro controllers and the IoT endpoints are critical in terms of response time. They have to serve as interrupt responses. This variation of Trussone for micro controllers allows the interrupt response times to be maintained. In fact the transition into and out of the secure state takes less than five cycles so the interrupt responsiveness which has been the hallmark of the Cortex-M devices is still maintained. Also that means that you have a lot less software overhead for these secure transactions, less memory required for it which is again a critical element of making it efficient because a lot of these devices not just use very little battery but also may not even have batteries. They could be energy harvesting, maybe ingestible nanobots, they could be disposable bandages that have very thin chip solutions with little to no battery. So there's so many people working in your ecosystem like Arm TechCon is huge, lots of people and all over the world and is it your responsibility at Arm to just take care of security for everybody? Is it what you do here to make it easy? They just don't even even have to think about it maybe? So I think that is a question of how much do you need to know about security? I think everybody has to think about security. We're not trying to take that onus away. What we're trying to do is one educate them about the need for and to make it easy to achieve it. Arm by itself can't do all this. We are designing infrastructure and the capabilities to do that but Arm's ecosystem is the one that actually delivers it including the silicon vendors that are actually putting all these things together, putting it in chips. The tools vendors that are helping make these things easier, the certification environment and of course the services vendors that build on top of it. Now speaking of that, in IoT as things get more connected, more secure, actually managing the device from the cloud is becoming that much more difficult and this is where we announced our embed cloud offering that can connect provision, update securely of any type of IoT device to any type of cloud. So this is a cloud software service. However it's not all in all. It just provides, just like Arm does, it provides the key capability on which other SaaS services can be based. This morning there was a really cool keynote with a hacker, Chris, he was hacking the Jeep and hacking the Toyota Prius and all kinds of cars and it sounded a little bit from this hacker that it seems a little bit, it seems like a hard thing to do and I'm hoping that you're making sure that the IoT future with trolling chips are going to be secure. That is true. As we said, I think the weakest link of the chain defines the susceptibility of the chain. What we're trying to do is to make it as difficult as possible and cost ineffective as possible to make for hackers to break into devices and even if they break into devices, it should be contained and not spread across. So embed OS is your open source free OS for Cortex-M and for IoT and so you provide this, if people use that, it'll be secure with the embed cloud. So let's be clear about this. So embed OS is a platform on which a lot of the security services are built. So embed OS is not necessarily, if you put embed OS, it works. You have a specific client that you need to activate and use across but it sets the baseline for security to be established in the transport channel, in the authentication of the device and the provisioning of the device. So there's two CPUs we launch here and we look at this graph. For example, we can see there's a lot of stuff around here. So you provide a lot of IP is not just the Cortex-M33. What goes around it? So that's again, a very good question. ARM's focus has been obviously on processors and the key digital system interconnect. So what we provided in this subsystem is a tested and verified subsystem of the ARM Cortex-M33 processor, the AMBA5 capable interconnect, key cross zone protection controllers, the crypto cell capability for authentication. Also the Cordio radio, as we mentioned for the next generation of connectivity, Bluetooth 5, ZigBee thread, and some of the key software drivers that are required for it. The software stacks for the radio, the firmware for power management and security, Mbed OS. So all of this has been tested. Now, we are not the experts on sensors, analog, etc. A lot of our partners are and they also add in more acceleration and other capabilities. So what we end up doing here is providing the base starting platform that can be allowing your design to happen faster with the time to market and much lower risk. So this 2016 is coming out 2017. Right. So all these components are available now. So it's really how quickly do you get those things to market? And how are they going to be positioned in terms of performance and efficiency compared to the previous Cortex-M? That's a good question again. So the Cortex-M33 processor is a bit more performant, but a lot more efficient and security capable than the current generation M3, M4 processors. The M23 is that much more efficient than the M33 and a lot smaller as well. And that compares against the Cortex-M0 plus line that we had before. Now, if you look at TrusZone in the other processors we have today, the smallest processor we have a TrusZone today until today has been the Cortex-A5 and even in 40 nanometer, which is kind of a lagging node, it takes about half a square millimeter of die, which is really, really small, right? But Cortex-M33 is about 80% smaller than that. So it's less than a tenth of a square millimeter of die in 40 nanometer. And the M23 is about 75% smaller than that. So it's a couple of hundreds of a square millimeter of die in 40 nanometer. And this really changes how you can bring security into the smallest of IoT devices. So you could swallow Cortex-M23 and it wouldn't matter? You wouldn't notice it. Really? Okay, that's great. So looking forward to a smart IoT future and you're going to provide it, you're going to help people make it safe. We hope so and not just smart but secure. Thank you.