Going back a point of private Wi-Fi networks, or you might have thought a Wi-Fi network at home is also private network. That part will be correct. But then what are some of the benefits of cellular private networks, which is what our focus is going to be here, as compared to a private Wi-Fi network well. Some of those benefits are listed here. Because as I said, a private networks are dedicated for a specific customer, they have numerous advantages on multiple dimensions. First of all, the design and deployment of a private network can be controlled to a great extent by the network designer or the ultimate customer, which lets see, is the private network owner. Because you have great control, what network design and deployment, what it means is that you can carefully optimize your wireless coverage where it is needed, what it is, where it is not that important. You no longer have to cover an entire city in a blanket data manner. If for example, we have a private network and you don't need a coverage in a basement, you can very well design and optimize your coverage only to provide wireless coverage on the main floor and not the basement. This is the control I'm referring to. Once you design your private network, precisely meet your requirements, you can virtually guarantee a certain quality of service or QoS, and that entails guaranteed performance with respect to metrics such as two-port latency, etc. Not only that, because a private network is your own network, it offers you a higher degree of service reliability, and availability. All of us have been in a situation where we did try to make a call and the network wasn't available or we tried to browse a page and the network who did not respond. But that was an artifact of the network being a public network because there were a hundreds or even thousands of other users in the same vicinity trying to compete for the same resources. The reliability and availability of the public wireless network naturally came down. Whereas because the private network is carefully designed for a limited number of users, you can virtually guarantee a high degree of service reliability and availability. Furthermore, because it is your private network, you can have what is known as on-premise deployment, just like your Wi-Fi router and the ISP modem associated with that resides in your own home. The setup to a large extent of a private cellular network can also reside on the premises of the private network owner. Once you have all the equipment on your premises, you can have great operational control as well as service flexibility. If you want to, for example, add more capability or switch capabilities or swap capabilities, which will include different resources. You can do that because everything is under your control. It is on your premises as a private network owner. Furthermore, if you have an on-premise deployment, you can also scale and improve that deployment precisely depending upon the needs of your applications. For example, if you are a private network owner running an industry and some of your use cases require edge computing or network slicing, as an instance, you can indeed deploy those features like MEC network slicing at your own volition because the network is look at it on your premises. These are some of the fundamental operational and conceptual benefits of private networks and what they ultimately translate to is that a typical private network in cellular domain can facilitate multiple use cases because just how versatile those private networks are. For example, an industrial factory owner can improve its private network to facilitate what is in industry parlance known as TSN or time sensitive networking for latency sensitive services and an [inaudible] terminology that will ultimately translate URLLC service. On the other hand, you could have a run of the mill eMBB high-throughput service like that of security cameras. Or you could have a robotic vehicles roaming all over your industrial plants. In order to precisely locate every vehicle at all points in time, you could use certain cellular network specific features, such as indoor positioning. The ability of these versatile cellular private networks to facilitate and enable different use cases under the same umbrella leads us to an interesting paradigm that is industrial IoT.