Logitech CEO on AI, Hybrid Work and Gaming Tailwinds

Interested to hear about how much how quickly you’ve had to evolve with AI. Was it something that you already had in the locker you were already looking this direction or something that you were able to be nimble on? Yeah, I think we have a very nimble team. So a lot has happened even in my first hundred days there, which has been fun. But AI is definitely wanted to tailwinds that we see for our business going forward along with some other things. Hybrid work clearly is a tailwind for us as well as gaming really mainstreaming and continuing to grow. But if I look at AI. There’s really three things we’re doing. First of all, like everyone else, it’s helping internal productivity and we’re seeing, especially with our software engineers, some really good productivity gains from using some of the new AI tools. Then when we look at our products, two things into software, you just mentioned it, we just launched a new Logie AI prompt builder, which is a shortcut to ChatGPT. You know, if you, if you’re a big user of ChatGPT, you have to go in and out. You’re toggling between what you’re doing and ChatGPT. This is a shortcut so that you can stay in the flow, which is really important for our heavy users. Again, yeah, the coder and only open a eyes chat CBT, what about the others? OK, for now. But I’m sure more will follow. We’re we’re we’re a company who really partners with everyone, so more will follow. Yeah. And then what I’m probably most excited about is actually in the video and audio space where we’ve for actually for quite a while have been using these large data models to really step change the quality of audio and videos. So maybe two quick examples, Headphones, our latest generation of headphones. Does two way noise cancellation. So let’s say we’re on the phone, I’m at an airport, you’re wearing the headphone and of course it’s super annoying because you know you’re hearing not just my voice, but every announcement at that airport. The new headphones, our new headphones do two way noise cancellation on both sides. So now it’s smart enough things to the model to recognize my voice, but to tune out everything else that’s going on around me, which really, really step changes audio quality. We love that. On the video side, we just launched this new video conferencing tool for offices called Site. It’s a camera that you set in a large meeting room. I’m sure you’ve been in meetings. There’s 12 of you on one side, 1 poor guy on the other side. On the screen. He’s of course left out. This acts like like a intelligent producer in the room. It swivels around to focus on the right person, but again, also audio. It swivels to you when you’re speaking, but not when you’re opening a packet of crisps, which is quite important. I’m afraid I, Ed go away. No, no real quick. I think we run out of time. But what I was just going to say is like gaming still a 30 year business and as we reflected on it’s really hard out there, just 10 seconds sum up the environment. Yeah, we think gaming is a real tailwind for us. Gaming was up 8% for us in the last quarter. I think the future of gaming is really great.