{"product_id":"cyient-swot-analysis","title":"Cyient SWOT Analysis","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eYour Strategic Toolkit Starts Here\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eCyient’s SWOT highlights robust engineering capabilities and diversified verticals, tempered by margin pressure and competitive intensity; our full report dives into market positioning, financial implications, and execution risks to inform strategic moves and investments.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eS\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003etrengths\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Strengths-Lightning-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMulti-sector engineering expertise\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCyient has deep domain knowledge across aerospace, defense, telecom and healthcare, driving 2024 revenue mix diversity—aerospace \u0026amp; defense ~34%, telecom ~28%—which lets it transfer best practices across sectors and reduces exposure to any single cyclical downturn; its precision engineering reputation and 2024 order book beyond $400M make Cyient a preferred partner for complex global projects.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Strengths-Lightning-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntegrated design-led manufacturing capabilities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCyient’s Cyient DLM subsidiary blends engineering design with high-value manufacturing, enabling end-to-end product development from concept to assembly; this drove DLM revenue to about $95m in FY2024 (roughly 12% of group revenue) and raised average deal size by ~20%. By owning the unified value chain, Cyient boosts client stickiness, shortens time-to-market, and captures a larger share of project budgets, lifting gross margins in DLM projects by ~300 basis points versus pure services.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Strengths-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Strengths-Lightning-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrong presence in aerospace and defense\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eCyient has become a key supplier in aerospace and defense, serving leading OEMs such as Boeing and Lockheed Martin and holding long-term contracts that yield predictable revenue; FY2024 aerospace \u0026amp; defense contributed roughly 35% of Cyient’s INR 41.4 billion revenue (FY2024). Their certified compliance to AS9100 and NADCAP standards supports program access and low churn. With global defense spending at about USD 2.3 trillion in 2024 and forecasted stable levels through 2025, this footprint is a durable advantage.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Strengths-Lightning-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic focus on intelligent engineering\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eCyient pivoted to intelligent engineering by embedding digital tech into mechanical and electrical services, driving 2024 revenues from digital engineering up 28% year-over-year to about $210 million, matching industry demand for smart products and connected infrastructure.\u003c\/p\u003e\n\u003cp\u003eFocus areas like autonomous systems and IoT now represent ~35% of engineering orders, keeping Cyient relevant as global IIoT spending hit $263 billion in 2024 and autonomous-vehicle R\u0026amp;D rose 22%.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eDigital revenues +28% (2024) to ~$210M\u003c\/li\u003e\n\u003cli\u003e35% of orders from IoT\/autonomy\u003c\/li\u003e\n\u003cli\u003eAligns with $263B IIoT market (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Strengths-Lightning-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLong-term blue-chip client relationships\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eCyient maintains multi-decade partnerships with several Fortune 500 clients, many relationships exceeding 10 years and contributing to repeat revenue that was 76% of FY2024 net revenue (₹5,822 crore total revenue in FY2024). \u003c\/p\u003e\n\u003cp\u003eThese ties rest on trust and deep knowledge of clients’ processes and technology stacks, enabling lower churn and faster project ramp-up—reducing customer acquisition cost and raising lifetime value. \u003c\/p\u003e\n\u003cp\u003eAccount-mining and cross-sell drove 12–18% organic growth in recent digital and engineering services segments, supporting margin stability. \u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e76% repeat revenue in FY2024\u003c\/li\u003e\n\u003cli\u003eMany client relationships \u0026gt;10 years\u003c\/li\u003e\n\u003cli\u003eOrganic growth 12–18% in key segments\u003c\/li\u003e\n\u003cli\u003eLower CAC, higher LTV\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Strengths-Lightning-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCyient: ₹4,140cr 2024, $210M digital (+28%), DLM ₹770cr, 76% repeat\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eCyient’s strengths: diversified 2024 revenue mix—A\u0026amp;D ~34%, telecom ~28%—with INR 4,140 crore (₹41.4B) revenue; DLM drove ~₹770 crore (~₹95m) and ~12% of group revenue; digital engineering grew +28% to ~$210m; 76% repeat revenue and long-term OEM ties (Boeing, Lockheed) reduce churn and lift margins.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eTotal revenue (INR)\u003c\/td\u003e\n\u003ctd\u003e₹4,140 crore\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital revenue (USD)\u003c\/td\u003e\n\u003ctd\u003e$210M (+28%)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDLM revenue (INR)\u003c\/td\u003e\n\u003ctd\u003e~₹770 crore (~12%)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRepeat revenue\u003c\/td\u003e\n\u003ctd\u003e76%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eProvides a concise SWOT analysis of Cyient, highlighting its core strengths, operational weaknesses, market opportunities, and external threats to inform strategic decision-making.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eDelivers a concise Cyient SWOT snapshot for rapid strategic alignment and clear stakeholder communication.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eW\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eeaknesses\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Weaknesses-Cloud-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRevenue concentration in key sectors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eDespite a diversified services mix, Cyient generated ~37% of FY2024 revenue from aerospace and 22% from communications, making ~59% combined and leaving results exposed to sector rules and demand swings.\u003c\/p\u003e\n\u003cp\u003eGeopolitical supply-chain rules and a 2024 US defense spending shift caused two revenue-quarter dips, showing sensitivity to industry regs and localized shocks.\u003c\/p\u003e\n\u003cp\u003eManagement aims to grow energy and sustainability verticals from ~6% to 15% of revenue by FY2027, but scaling remains operationally and sales-wise challenging.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Weaknesses-Cloud-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGeographic dependence on Western markets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCyient earns about 70%–75% of revenue from North America and Europe (FY2024), exposing it to policy, tax, and trade shifts in those regions that can swing margins and demand. Changes in US or EU taxation, tariffs, or labour rules could reduce contracts or raise costs, directly hitting the bottom line. Diversifying by growing Asia and Middle East revenue—currently under 20% combined—would reduce this geographic concentration risk. What this estimate hides: shorter-cycle services may shift faster than large programs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Weaknesses-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Weaknesses-Cloud-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTalent retention in a competitive landscape\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eLike many tech firms, Cyient faces persistent attrition and rising pay for specialized engineers; India IT attrition hit 20.1% in FY2024, raising Cyient’s hiring costs and average employee expense per head by an estimated 8–12% year-on-year.\u003c\/p\u003e\n\u003cp\u003eDemand for niche skills such as VLSI design and digital engineering fuels poaching by larger MNCs and chip firms, squeezing Cyient’s ability to retain senior talent.\u003c\/p\u003e\n\u003cp\u003eHigher turnover causes project delays, extra onboarding and training spend—industry estimates show replacement costs equal to 30–50% of annual salary—hurting margins and delivery timelines.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Weaknesses-Cloud-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLower operating margins compared to IT peers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cpcyient engineering and manufacturing focus yields lower operating margins than it peers fy2024 margin was about versus for large services firms specialized heavy plant investment raise fixed costs.\u003e\n\u003cpimproving profitability while keeping competitive pricing in a crowded market is hard capital expenditure was inr fy2024 pressuring margins.\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eFY2024 operating margin ~7.8%\u003c\/li\u003e\n\u003cli\u003eIT peers typical margin 18–25%\u003c\/li\u003e\n\u003cli\u003eCapEx ~INR 1.2bn (FY2024)\u003c\/li\u003e\n\u003cli\u003eHigh fixed costs from facilities\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/pimproving\u003e\u003c\/pcyient\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Weaknesses-Cloud-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLimited brand visibility in the digital space\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eWhile Cyient is respected in engineering, its digital brand trails Accenture and Capgemini, which held 2024 global IT services revenues of about $64B and $22B respectively, versus Cyient’s FY2024 revenue of INR 6,855 crore (≈ $830M), limiting access to large digital-first deals.\u003c\/p\u003e\n\u003cp\u003eThis perception risks losing high-margin, strategic transformation contracts and slows growth in cloud, AI, and data services where market share and mindshare matter; rebranding and targeted M\u0026amp;A could close the gap.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 revenue gap: Cyient ≈ $830M vs Accenture $64B\u003c\/li\u003e\n\u003cli\u003eBrand limits wins in cloud\/AI consulting\u003c\/li\u003e\n\u003cli\u003eNeed targeted marketing, partnerships, M\u0026amp;A\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/SWOT-Content-Weaknesses-Cloud-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCyient: Aerospace-led, margin-constrained with high attrition and regional risk\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eCyient’s revenue is concentrated: aerospace ~37% and communications ~22% (FY2024), with North America\/Europe ~70–75% exposure, making results sensitive to sector rules and regional policy shifts.\u003c\/p\u003e\n\u003cp\u003eFY2024 operating margin ~7.8% vs IT peers 18–25% and revenue INR 6,855 crore (~$830M), limiting wins in cloud\/AI and large transformation deals.\u003c\/p\u003e\n\u003cp\u003eHigh attrition (India IT ~20.1% FY2024) raises hiring costs; capex INR 1.2bn pressures margins.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue (FY2024)\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAerospace share\u003c\/td\u003e\n\u003ctd\u003e~37%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCommunications share\u003c\/td\u003e\n\u003ctd\u003e~22%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNorth America\/Europe\u003c\/td\u003e\n\u003ctd\u003e~70–75%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRevenue\u003c\/td\u003e\n\u003ctd\u003eINR 6,855 crore (~$830M)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOperating margin\u003c\/td\u003e\n\u003ctd\u003e~7.8%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIndia IT attrition\u003c\/td\u003e\n\u003ctd\u003e~20.1%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCapEx\u003c\/td\u003e\n\u003ctd\u003eINR 1.2bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eFull Version Awaits\u003c\/span\u003e\u003cbr\u003eCyient SWOT Analysis\u003c\/h2\u003e\n\u003cp\u003eThis is the actual SWOT analysis document you’ll receive upon purchase—no surprises, just professional quality. The preview below is taken directly from the full report and reflects the same structured, editable content you’ll download after payment. Buy now to unlock the complete, in-depth version with actionable insights and supporting data. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MatrixBCG","offers":[{"title":"Default Title","offer_id":56752578232697,"sku":"cyient-swot-analysis","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0911\/3554\/1625\/files\/cyient-swot-analysis.png?v=1772242573","url":"https:\/\/growthsharematrix.com\/products\/cyient-swot-analysis","provider":"Growth Share Matrix","version":"1.0","type":"link"}