And so at this juncture I'd say nothing to highlight for you in terms of the -- that contribution.Yes Shaul Cam. And people are really pretty clear that there are different dimensions of identity now. And has this accelerated due to the outbreak?That said, we still are doing business in some of those verticals, absolutely. And then I think as you see that relative to IdentityNow we do still see a higher correlation of IdentityNow in the mid-market and IdentityIQ in the largest of enterprise customers. So next year it will be even more blended. The Investor Relations website contains information about The Trade Desk, Inc.'s business for stockholders, potential investors, and financial analysts. [Operator Instructions] We have reached the end of question-and-answer session.
No, I think in the verticals that have been most heavily hit, there's at least some pausing and reassuring us and themselves that they have the ability to move forward, and in many cases, [Technical Issues]. “Based on themarket demand that we are seeing, our expectation is that the shift in our businesstowards SaaS, which has been underway for several years, will accelerate in2020.”Allof SailPoint’s forward-looking non-GAAP financial measures exclude estimatesfor stock-based compensation expense and amortization of acquired intangiblesas well as acquisition related costs and severance of certain key executives, ifapplicable. Thanks for taking may question. So I wouldn't say there's anything new to highlight just very pleased with the momentum. Thanks for the question and good to have you on the call. But do you feel like you've now kind of struck the appropriate balance between investing in the enterprise opportunity your core opportunity while also investing in the mid-market? I don't know, Jason, if you have anything to add to that.Your next question comes from the line of Brian Essex with Goldman Sachs. Jessica.Sutera@sailpoint.com. And I guess I'll comment. It's one part of the governance space, called life cycle management or -- the last question from Brian about provisioning is the old term for that. Or just steady as she goes? Your question was, anything surprised us? I'd like to highlight how we've reacted to the COVID-19 pandemic as I'm both grateful and humbled by our team and our response.Yeah. It seems like from your commentary that April was a strong start. And then on pricing for the Predictive Identity platform is it going to be on a tiered basis? Before we go into Q1 performance, I'd like to acknowledge that we are collectively facing unprecedented time, not just among our own customers, but across the country and the world at large. I was hoping for a little bit more color on the lack of the Q2 guide.
SailPoint will host a conference call today, February 24, 2020, at5:00 p.m. Eastern Time to discuss its fourth quarter and full year 2019financial results. I'd say what we saw in that early March into mid-late March time frame was definitely a set of folks where clearly either the Head of Procurement and/or the CFO hits the pause button. Your next question comes from Tyler Wood with Northland Securities. Please proceed with your question.Yeah. The Investor Relations website contains information about SailPoint’s business for stockholders, potential investors, and financial analysts. Make Saia your next career destination! [Indecipherable] coming back to the level of uncertainty, not any sense that people aren't engaging. I think I'd categorize it more as steady as she goes. As a reminder we did the offering to take advantage of an opportunity to strengthen our balance sheet at an incredibly attractive terms. Investor Relations Contact; Home Home > News Home Home > News Financial Releases. However, it is simply too difficult to predict what close rates will be in this uncertain environment.
Comfortable with where IdentityNow is to meet their needs and we have some fairly midsized companies who have very complex requirements that feel best suited to IdentityIQ. Investor Home The Trade Desk is a technology company that empowers buyers of advertising. Shifting gears to our execution this quarter. Congrats on the improved performance. SailPoint urges you to review the reconciliations of ournon-GAAP financial measures to the comparable GAAP financial measures includedbelow, and not to rely on any single financial measure to evaluate itsbusiness.“Wesaw strong sales momentum in the fourth quarter, with SaaS bookings coming inahead of our expectations,” said Jason Ream, SailPoint CFO.
At the same time, we're continuing to execute the strategic investments in product development and sales and marketing that we identified at the beginning of the year as we believe those are the best levers for us to capitalize on our long-term opportunity. Joshua Harding-- Vice President of Financial Planning Analysis and Investor Relations.
Are they correctly provisioned, over-provisioned? This also accelerates our SailPoint Predictive Identity vision and approach to the market.Great.