Company: | Infosys |
CEO: | Salil Parekh |
Year founded: | 1981 |
Headquarter: | Bangalore, India |
Employees (FY2022): | 335,186 |
Type: | Information Technology |
Ticker Symbol: | INFY |
Market Cap (Jan, 2022): | 75.41 B USD |
Annual Revenue (FY2022): | 16 B USD |
Profit | Net income (FY2022): | 2.8 B USD |
Key Competitors: | • Tata Consultancy Services • IBM • Accenture • Capgemini • Cognizant • HCL Technologies • Wipro • NTT Data • Mphasis • Tech Mahindra • L&T Mindtree • ThoughtWorks |
Products & Services: | Artificial intelligence Machine learning Cloud computing Data analytics Internet of Things Blockchain Cybersecurity DevOps Robotics Augmented reality |
Areas Covered Geographically | According to its website, Infosys has offices and delivery centers in more than 50 countries, including the United States, Canada, the United Kingdom, France, Germany, Switzerland, Sweden, Finland, the Netherlands, Spain, Poland, Italy, India, China, Japan, Australia, Singapore, South Korea, and many others. The company also has a large global delivery network that allows it to provide services to clients in various locations around the world. |
SWOT Analysis of Infosys
A SWOT analysis is a tool used to assess a company’s internal and external environment. It involves identifying the company’s strengths, weaknesses, opportunities, and threats (SWOT). Here is a brief SWOT analysis of Infosys:
Strengths:
- Strong reputation in the industry
- Global presence
- Wide range of services
- Strong partnerships
- Experienced team
Weaknesses:
- Dependence on a few large clients
- Intense competition
- Talent retention challenges
- Vulnerability to external factors
Opportunities:
- Growth in emerging markets
- Partnerships and acquisitions
- Investment in new technologies
- Diversification of client base
Threats:
- Intense competition
- Changes in technology
- Talent retention challenges
- Economic downturns
- Vulnerability to external factors
What are the strengths of Infosys? SWOT Analysis of Infosys
Infosys is a global technology services company that has a number of strengths, including:
- Strong reputation: Infosys has a strong reputation in the industry, with a history of delivering high-quality services to its clients.
- Global presence: Infosys has a global presence, with a network of offices and delivery centers around the world. This allows the company to serve clients in a variety of locations and time zones.
- Wide range of services: Infosys offers a wide range of services, including consulting, technology, and outsourcing services. This allows the company to serve clients with diverse needs.
- Strong partnerships: Infosys has strong partnerships with leading technology companies, which allows the company to offer its clients access to the latest technologies and innovations.
- Experienced team: Infosys has a team of experienced professionals who are experts in their fields. This allows the company to provide high-quality services to its clients.
What are the weaknesses of Infosys? SWOT Analysis of Infosys
Some potential weaknesses of Infosys could include:
- Dependence on a few large clients: Infosys has a small number of large clients that contribute significantly to its revenue. This could be a potential weakness as the loss of a major client could have a significant impact on the company’s financial performance.
- Intense competition: Infosys operates in a highly competitive industry, with many other global technology services companies vying for market share. This intense competition could be a weakness for the company.
- Talent retention: Like many other technology companies, Infosys may face challenges in retaining top talent, as employees may be attracted to other companies that offer higher salaries or more opportunities for advancement.
- Vulnerability to external factors: Infosys, like any company, is vulnerable to external factors such as changes in economic conditions, geopolitical risks, and changes in regulations. These factors could impact the company’s financial performance and operations.
What are opportunities for Infosys in the future? SWOT Analysis of Infosys
There are a number of opportunities that Infosys may be able to pursue in the future, including:
- Growth in emerging markets: Many emerging markets, such as India, China, and Brazil, are experiencing rapid economic growth and increasing demand for technology services. Infosys could take advantage of these opportunities by expanding its presence in these markets.
- Partnerships and acquisitions: Infosys could pursue partnerships or acquisitions with other companies in order to expand its service offerings or enter new markets.
- Investment in new technologies: Infosys could invest in the development and implementation of new technologies, such as artificial intelligence, machine learning, and the Internet of Things, in order to stay at the forefront of the industry and meet the evolving needs of its clients.
- Diversification of client base: Infosys could diversify its client base by targeting small and medium-sized businesses, in addition to its traditional focus on large enterprises. This could provide the company with a more stable and diverse revenue stream.
What are the threats to Infosys? SWOT Analysis of Infosys
There are a number of potential threats that Infosys may face, including:
- Intense competition: Infosys operates in a highly competitive industry, with many other global technology services companies vying for market share. This intense competition could be a threat to the company.
- Changes in technology: The technology industry is constantly evolving, and Infosys may face threats from new technologies or shifts in market demand that could impact the company’s service offerings or profitability.
- Talent retention: Like many other technology companies, Infosys may face challenges in retaining top talent, as employees may be attracted to other companies that offer higher salaries or more opportunities for advancement.
- Economic downturns: Economic downturns or recessions could impact Infosys’s financial performance, as businesses may reduce their spending on technology services during times of economic uncertainty.
- Vulnerability to external factors: Infosys, like any company, is vulnerable to external factors such as changes in economic conditions, geopolitical risks, and changes in regulations. These factors could impact the company’s financial performance and operations.
Which are the biggest customers of Infosys? SWOT Analysis of Infosys
Infosys is a global technology services company that serves a wide range of clients across a variety of industries. It is difficult to identify the biggest customers of Infosys as the company does not disclose this information publicly. However, some of the major clients that Infosys has worked with in the past include:
- American Express
- Coca-Cola
- eBay
- Honda
- JPMorgan Chase
- Microsoft
- Nokia
- Philips
- Toshiba
- Visa
It is worth noting that the list of Infosys’s clients may change over time as the company gains and loses contracts with different organizations.
Which are clients of Infosys in Europe? SWOT Analysis of Infosys
Infosys is a global technology services company with a presence in Europe. Some of the major clients that Infosys has worked with in Europe in the past include:
- Barclays
- BP
- BT Group
- Daimler
- Deutsche Bank
- Ericsson
- HSBC
- KPMG
- Nokia
- Vodafone
It is worth noting that the list of Infosys’s clients in Europe may change over time as the company gains and loses contracts with different organizations. Infosys serves a wide range of clients in Europe across a variety of industries, including financial services, telecommunications, and automotive.
Which are clients of Infosys in United States? SWOT Analysis of Infosys
Infosys is a global technology services company with a significant presence in the United States. Some of the major clients that Infosys has worked within the United States in the past include:
- American Express
- eBay
- Honda
- JPMorgan Chase
- Microsoft
- Philips
- Toshiba
- Visa
It is worth noting that the list of Infosys’s clients in the United States may change over time as the company gains and loses contracts with different organizations. Infosys serves a wide range of clients in the United States across a variety of industries, including financial services, retail, and automotive.
What are clients of Infosys in Canada? SWOT Analysis of Infosys
Infosys is a global technology services company with a presence in Canada. Some of the major clients that Infosys has worked with in Canada in the past include:
- Canadian Tire
- CIBC
- RBC
- TD Bank
It is worth noting that the list of Infosys’s clients in Canada may change over time as the company gains and loses contracts with different organizations. Infosys serves a wide range of clients in Canada across a variety of industries, including financial services and retail.
Which are clients of Infosys in China? SWOT Analysis of Infosys
Infosys is a global technology services company with a presence in China. Some of the major clients that Infosys has worked with in China in the past include:
- China Mobile
- China Petroleum and Chemical Corporation (Sinopec)
- China Southern Power Grid
- Huawei
- Lenovo
It is worth noting that the list of Infosys’s clients in China may change over time as the company gains and loses contracts with different organizations. Infosys serves a wide range of clients in China across a variety of industries, including telecommunications, energy, and technology.
Which are clients of Infosys in Australia? SWOT Analysis of Infosys
Infosys is a global technology services company with a presence in Australia. Some of the major clients that Infosys has worked with in Australia in the past include:
- ANZ Bank
- BHP
- Commonwealth Bank of Australia
- NAB
- Telstra
It is worth noting that the list of Infosys’s clients in Australia may change over time as the company gains and loses contracts with different organizations. Infosys serves a wide range of clients in Australia across a variety of industries, including financial services and mining.
Which are clients of Infosys in India? SWOT Analysis of Infosys
Infosys is a global technology services company with a significant presence in India. Some of the major clients that Infosys has worked with in India in the past include:
- HDFC Bank
- ICICI Bank
- Reliance Industries
- State Bank of India
- Federal Bank
It is worth noting that the list of Infosys’s clients in India may change over time as the company gains and loses contracts with different organizations. Infosys serves a wide range of clients in India across a variety of industries, including financial services, energy, and consulting.
What is revenue of Infosys? SWOT Analysis of Infosys
Infosys is a global technology services company that generates revenue through the sale of its services to clients. As of 2021, the revenue of Infosys was approximately US $11.9 billion. The company’s revenue has grown consistently over the past several years, as demand for technology services has increased around the world. Infosys serves clients in a variety of industries and operates in many countries around the world. The company’s revenue is generated through the sale of consulting, technology, and outsourcing services to clients.
What is the profitability of Infosys? SWOT Analysis of Infosys
Infosys is a global technology services company that generates revenue through the sale of its services to clients. The profitability of a company is typically measured by its net income, which is the company’s revenue minus its expenses. As of 2021, the net income of Infosys was approximately US $2.8 billion. The company’s net income has been relatively stable over the past several years, although it has fluctuated somewhat due to changes in the company’s revenue and expenses. Infosys has a strong track record of profitability, and the company has consistently generated positive net income over the past several years.
Does Infosys give dividends? SWOT Analysis of Infosys
Infosys is a global technology services company that generates revenue through the sale of its services to clients. The company’s board of directors has the authority to declare dividends to shareholders out of the company’s profits. Infosys has a history of declaring dividends to its shareholders. In 2021, the company declared a dividend of INR 16 per share. It is worth noting that the decision to declare dividends is made by the company’s board of directors and is based on a variety of factors, including the company’s financial performance, growth prospects, and capital needs. As such, the amount and frequency of dividends declared by Infosys may vary over time.
What is the performance of Infosys stock in the United States? SWOT Analysis of Infosys
Infosys is a global technology services company whose stock is traded on a number of stock exchanges around the world, including the National Stock Exchange of India and the New York Stock Exchange (NYSE) in the United States. The performance of a company’s stock is typically measured by its stock price and stock market performance.
As of 2021, the stock price of Infosys on the NYSE was approximately $19. The stock has generally trended upwards over the past several years, although it has experienced some ups and downs along the way. The company’s stock performance is influenced by a variety of factors, including the company’s financial performance, industry trends, and broader economic conditions. It is worth noting that the stock market is subject to significant fluctuations, and the performance of a company’s stock can vary significantly over time.
TOWS analysis of Infosys ?
A TOWS analysis is a tool used to identify a company’s internal and external environment and to explore the strategic options available to the company. It involves identifying the company’s strengths, weaknesses, opportunities, and threats (SWOT) and using this information to generate options for the company. Here are some potential options for Infosys based on a TOWS analysis:
- Leverage strengths to seize opportunities: Infosys could use its strong reputation, global presence, and wide range of services to take advantage of growth opportunities in emerging markets or to pursue partnerships or acquisitions that would allow the company to expand its service offerings or enter new markets.
- Strengthen weaknesses to reduce threats: Infosys could focus on addressing its weaknesses, such as talent retention and dependence on a few large clients, in order to reduce its vulnerability to external threats. This could involve investing in employee training and development programs or diversifying its client base.
- Use opportunities to overcome weaknesses: Infosys could use opportunities such as investment in new technologies or partnerships and acquisitions to overcome internal weaknesses and better position the company in the market.
- Use strengths to mitigate threats: Infosys could use its strong reputation and partnerships to mitigate threats such as intense competition or changes in technology. For example, the company could seek out partnerships with leading technology firms to gain access to the latest innovations and stay ahead of competitors.
Pestle analysis of Infosys?
A PESTLE analysis is a tool used to assess the external environment in which a company operates. It involves identifying the Political, Economic, Sociocultural, Technological, Legal, and Environmental factors that may impact the company. Here is a brief PESTLE analysis of Infosys:
- Political: Infosys operates in a number of countries around the world, and is subject to the laws and regulations of those countries. Changes in government policies or geopolitical risks could impact the company’s operations.
- Economic: Infosys’s performance is influenced by economic conditions such as GDP growth, inflation, and exchange rates. Economic downturns or recessions could impact the company’s financial performance.
- Sociocultural: Infosys’s operations and performance may be influenced by sociocultural factors such as demographics, consumer attitudes, and cultural values.
- Technological: Infosys is a technology services company, and is therefore impacted by technological changes and innovations. The company may face threats from new technologies or shifts in market demand.
- Legal: Infosys is subject to laws and regulations related to issues such as data privacy, intellectual property, and employment. Changes in these laws could impact the company’s operations.
- Environmental: Infosys’s operations and performance may be impacted by environmental factors such as climate change, natural disasters, and resource availability. The company may also face regulatory or reputational risks related to environmental issues.
What are top services of Infosys? SWOT Analysis of Infosys
Infosys is a global technology services company that offers a wide range of services to its clients. Some of the top services offered by Infosys include:
- Consulting: Infosys provides consulting services to help clients solve complex business challenges and achieve their strategic objectives. These services include areas such as strategy, digital transformation, and customer experience.
- Technology: Infosys offers a range of technology services to help clients design, build, and maintain their IT systems. These services include areas such as application development, infrastructure management, and cybersecurity.
- Outsourcing: Infosys provides outsourcing services to help clients reduce costs and improve efficiency. These services include areas such as finance and accounting, human resources, and customer service.
- Business process management: Infosys offers business process management services to help clients streamline their operations and improve efficiency. These services include areas such as supply chain management, procurement, and logistics.
- Digital: Infosys provides digital services to help clients transform their businesses and improve their customer experiences. These services include areas such as data analytics, artificial intelligence, and digital marketing.
Who are the alliance partners of Infosys? SWOT Analysis of Infosys
Infosys has a number of alliance partners, which are companies that have entered into a strategic partnership with Infosys in order to offer joint solutions and services to clients. Some of the major alliance partners of Infosys include:
- Adobe
- Amazon Web Services
- Google Cloud
- IBM
- Microsoft
- Oracle
- Salesforce
- SAP
- Tableau
- VMware
Infosys partners with these companies in order to provide its clients with access to the latest technologies and innovations. The company’s alliance partners are an important part of its business strategy, as they help Infosys to expand its service offerings and better meet the needs of its clients.
What technologies does Infosys works on? SWOT Analysis of Infosys
Infosys is a global technology services company that works on a wide range of technologies in order to serve its clients’ needs. Some of the technologies that Infosys works on include:
- Artificial intelligence
- Machine learning
- Cloud computing
- Data Analytics
- Internet of Things
- Blockchain
- Cybersecurity
- DevOps
- Robotics
- Augmented reality
Infosys has a team of experienced professionals who are experts in these and other technologies, and the company works with its clients to design, build, and maintain technology solutions that meet their specific needs. Infosys also has partnerships with leading technology companies, which allows the company to offer its clients access to the latest innovations and technologies.
What is the employee strength of Infosys? SWOT Analysis of Infosys
As of 2021, Infosys had approximately 255,000 employees around the world. The company has a diverse workforce with employees from many different countries and cultures. Infosys has a strong focus on employee development and provides its employees with training and career advancement opportunities. The company has a reputation for attracting and retaining top talent, and is known for its commitment to creating a positive and inclusive work environment.
Who are the biggest competitors of Infosys? SWOT Analysis of Infosys
Infosys is a global technology services company that operates in a highly competitive industry. Some of the major competitors of Infosys include:
- Tata Consultancy Services
- IBM
- Accenture
- Capgemini
- Cognizant
- HCL Technologies
- Wipro
- NTT Data
- Mphasis
- Tech Mahindra
- L&T Mindtree
- ThoughtWorks
These companies are all global technology services firms that offer a wide range of services to their clients, including consulting, technology, and outsourcing services. Like Infosys, they are competing for market share and seeking to differentiate themselves in order to attract and retain clients.
How does SaaS companies affect Infosys? SWOT Analysis of Infosys
Software as a Service (SaaS) companies provide software applications that are delivered over the internet, typically on a subscription basis. The growth of SaaS has disrupted the traditional software industry, as more and more businesses are opting for cloud-based software solutions instead of on-premises installations.
The rise of SaaS has had an impact on traditional technology services companies such as Infosys. SaaS companies are competing with traditional technology services companies for market share, as businesses increasingly turn to cloud-based software solutions instead of purchasing and installing software on their own servers. This has led some technology services companies, including Infosys, to shift their focus towards cloud-based services in order to stay competitive.
At the same time, the growth of SaaS has also created new opportunities for traditional technology services companies, as businesses may still need assistance with the implementation and integration of cloud-based software solutions. Infosys and other technology services companies may be able to offer services such as cloud consulting and integration, which can help businesses successfully adopt SaaS solutions.
Which artificial intelligence services does Infosys offer? SWOT Analysis of Infosys
Infosys is a global technology consulting and services company that offers a range of artificial intelligence (AI) services. Some of the AI services offered by Infosys include:
- AI-powered automation: Infosys offers AI-powered automation solutions that can help businesses automate repetitive tasks, reduce errors, and improve efficiency.
- Natural language processing: Infosys offers NLP solutions that can help businesses understand and interpret human language, enabling them to communicate more effectively with customers and stakeholders.
- Computer vision: Infosys offers computer vision solutions that can help businesses analyze and understand images and videos, enabling them to extract valuable insights and make more informed decisions.
- Predictive analytics: Infosys offers predictive analytics solutions that can help businesses predict future outcomes and trends, enabling them to make more informed decisions and take proactive action.
- Robotics: Infosys offers robotics solutions that can help businesses automate processes and tasks, enabling them to improve efficiency and reduce costs.
- Chatbots: Infosys offers chatbot solutions that can help businesses automate customer service and support, enabling them to improve customer experience and reduce costs.
- Machine learning: Infosys offers machine learning solutions that can help businesses analyze and understand large amounts of data, enabling them to make more informed decisions and take proactive action.
- Deep learning: Infosys offers deep learning solutions that can help businesses analyze and understand complex data, enabling them to make more informed decisions and take proactive action.
What are the consulting services offered by Infosys? SWOT Analysis of Infosys
Infosys is a global technology consulting company that offers a wide range of consulting services to help organizations around the world improve their business operations. Some of the consulting services offered by Infosys include:
- Business consulting: Infosys helps organizations to optimize their business processes, improve their business operations, and increase their profitability.
- Technology consulting: Infosys provides expert advice on how to use technology to improve business performance and achieve strategic objectives.
- IT consulting: Infosys helps organizations to design and implement efficient and effective IT systems, including cloud computing, data analytics, and digital transformation.
- Management consulting: Infosys advises organizations on how to develop and implement effective strategies for managing their business operations and achieving their goals.
- Business process outsourcing: Infosys provides a range of business process outsourcing services, including finance and accounting, human resources, and customer service.
- Training and education: Infosys offers a variety of training and education programs to help organizations develop the skills and knowledge they need to succeed in today’s competitive business environment.
Infosys also offers a range of industry-specific consulting services, including consulting for the banking, financial services, and insurance sector, and consulting for the healthcare, retail, and manufacturing sectors.
What is the geographical presence of Infosys? SWOT Analysis of Infosys
Infosys is a global company with a strong presence in many countries around the world. According to its website, Infosys has offices and delivery centers in more than 50 countries, including the United States, Canada, the United Kingdom, France, Germany, Switzerland, Sweden, Finland, the Netherlands, Spain, Poland, Italy, India, China, Japan, Australia, Singapore, South Korea, and many others. The company also has a large global delivery network that allows it to provide services to clients in various locations around the world.
Where are the delivery centers of Infosys? SWOT Analysis of Infosys
Infosys has delivery centers in many locations around the world. According to its website, the company has delivery centers in the following countries:
- Australia
- Canada
- China
- France
- Germany
- India
- Japan
- Mexico
- Poland
- Singapore
- South Africa
- South Korea
- Sweden
- Switzerland
- United Kingdom
- United States
This list is not exhaustive and the company may have delivery centers in other countries as well. Infosys has a large global delivery network that allows it to provide services to clients in various locations around the world.
Which are government clients of Infosys? SWOT Analysis of Infosys
Infosys has many clients in the government sector, including federal, state, and local governments. According to its website, some of the company’s government clients include:
- Australian Department of Human Services
- California Department of Motor Vehicles
- Canadian Food Inspection Agency
- Centers for Medicare and Medicaid Services (CMS)
- Department of Defense (DOD)
- Department of Health and Human Services (HHS)
- Department of Homeland Security (DHS)
- Department of Justice (DOJ)
- Department of the Treasury
- Federal Aviation Administration (FAA)
- Internal Revenue Service (IRS)
- National Aeronautics and Space Administration (NASA)
- Social Security Administration (SSA)
This list is not exhaustive and the company may have additional government clients that are not listed here. Infosys provides a wide range of IT and consulting services to government clients, including digital transformation, cloud, cybersecurity, and artificial intelligence.
Which are the customers of Infosys in UK? SWOT Analysis of Infosys
Infosys has many customers in the United Kingdom across a variety of industries. According to its website, some of the company’s customers in the UK include:
- BT
- Carlsberg
- Direct Line Group
- HSBC
- John Lewis Partnership
- Lloyds Banking Group
- National Grid
- Royal Bank of Scotland (RBS)
- Standard Chartered Bank
- Tesco
- Virgin Media
This list is not exhaustive and the company may have additional customers in the UK that are not listed here. Infosys provides a wide range of IT and consulting services to its customers in the UK, including digital transformation, cloud, cybersecurity, and artificial intelligence.
Which are Indian government Customers of Infosys? SWOT Analysis of Infosys
Infosys has many clients in the government sector in India, including federal, state, and local governments. According to its website, some of the company’s government clients in India include:
- Ministry of Defence
- Ministry of Home Affairs
- Ministry of Railways
- Ministry of Finance
- Ministry of External Affairs
- Ministry of Health and Family Welfare
- Ministry of Human Resource Development
- Ministry of Law and Justice
- Ministry of New and Renewable Energy
- Ministry of Petroleum and Natural Gas
- Ministry of Road Transport and Highways
- Ministry of Women and Child Development
This list is not exhaustive and the company may have additional government clients in India that are not listed here. Infosys provides a wide range of IT and consulting services to government clients in India, including digital transformation, cloud, cybersecurity, and artificial intelligence.
Which companies were acquired by Infosys? SWOT Analysis of Infosys
Infosys has made several acquisitions over the years to expand its capabilities and offerings. Here is a list of some of the companies that have been acquired by Infosys:
- Panaya (2015)
- Skava (2015)
- Noah Consulting (2016)
- Kallidus (2016)
- WongDoody (2016)
- Airviz (2017)
- Verisk Analytics (2017)
- October (2018)
- WongDoody (2018)
- Antuit (2018)
- GuideVision (2019)
- Kaleidoscope Innovation (2019)
- Simplus (2019)
- Blue Acorn iCi (2020)
This list is not exhaustive and the company may have made additional acquisitions that are not listed here. Infosys has a history of making strategic acquisitions to enhance its capabilities and offerings in areas such as digital transformation, cloud, cybersecurity, and artificial intelligence.
Which are the startup partners of Infosys? SWOT Analysis of Infosys
Infosys has a number of partnerships with startups as part of its innovation efforts. According to its website, Infosys has a startup program called “Infosys Innovation Fund” that invests in and partners with startups to drive innovation and growth. Some of the startups that have partnered with Infosys through this program include:
- Airviz
- Blue River Tech
- C3 IoT
- Crayon Data
- DataRPM
- GuardTime
- Gurucul
- InContext Solutions
- Infer
- Knoldus
- Llamasoft
- Panaya
- Simplus
- Skytree
- UiPath
- Wipro Holmes
This list is not exhaustive and the company may have partnerships with additional startups that are not listed here. Infosys works with startups to access new technologies and capabilities, and to co-create solutions that address the needs of its clients.
Which is the financial software product of Infosys? SWOT Analysis of Infosys
Infosys has a number of financial software products that it offers to clients in the banking, financial services, and insurance (BFSI) sector. Some of the financial software products offered by Infosys include:
- Finacle: A universal banking solution that offers a range of banking and financial services, including retail banking, corporate banking, wealth management, and Islamic banking.
- EdgeVerve Systems: A suite of software products and platforms that helps banks, financial institutions, and insurance companies to drive digital transformation and improve customer experiences.
- Infosys BPO: A range of business process outsourcing (BPO) services for the BFSI sector, including finance and accounting, risk and compliance, and customer service.
- Infosys Insurance Platform (IIP): A cloud-based insurance platform that helps insurance companies to modernize their systems and processes, and to offer personalized and digital insurance products.
These are some of the financial software products offered by Infosys. The company has a strong presence in the BFSI sector and offers a wide range of IT and consulting services to clients in this industry.
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