[Music] so Capital Markets day house upload 2018 my Colina myself gave an update on the club strategy in the takeaway of the days that our strategy stays intact there is no revolution but more evolution [Music] we have a lot of new innovations coming to the market our businesses are growing in a good way and they open up new market opportunities both three innovations but also new know market segments and verticals I'm very proud to be here today representing the Americas over 8,000 poised that we have in our region it's been a great journey in a great year so far and thank you for your hard work [Music] the blue vision technology and the blue vision offering is fitting into the strategy because it's it's basically an IOT platform allowing to add services around the component business that we have today to basically locate people asset within our world of smart building and also a factory automation world we've been covering the integration of August a year on talking about how we're leveraging August software in the great legacy real Hardware one of the most exciting things happening now is the smart looks for the residential side we talked about this for many years but it's now coming to the point where it's being ready for mass adoption and it's changing the entire business model where you now need to approach big technology integrators rather than wholesalers and locksmith [Music] in the developed markets there is a trend upgrading the infrastructure expanding the infrastructure and in the emerging markets there is a big need to build a new infrastructure and we see a great opportunity for a ploy to provide solutions to both a NASA ABLOY service agreement is a service solution that you can rely on service agreements are important a tool for us and to to drive both growth and profitability per se the the service agreement itself of course has a price to it but it's really the ticket to talk to the customer I would say that we are continue to push how we will grow the company both organically and through acquisitions and we try to illustrate that with different models and different solutions and I hope that both their buy side and the sell side that are visiting us here today appreciate this explanation and that they feel that learned a little bit more about our flow when they live here today I think it was a very refreshing day I mean we have listened to the strategy it's been very similar for quite a few years and today you brought something new