{"product_id":"idexcorp-swot-analysis","title":"IDEX 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\u003eMake Insightful Decisions Backed by Expert Research\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eIDEX’s strengths in niche industrial markets and recurring service revenue position it well against cyclicality, yet margin pressure and integration risks deserve scrutiny; our full SWOT unpacks these dynamics with financial context and strategic recommendations—buy the complete report for a polished, editable Word and Excel package that supports investment, planning, and pitches.\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\u003eHigh-Margin Niche Market Leadership\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eIDEX targets highly engineered, specialized markets with limited competition and strict technical specs, letting it command premium pricing and sustain operating margins above peers (2025 consolidated operating margin ~25%, segment margins 20–30%).\u003c\/p\u003e\n\u003cp\u003eIts three segments—fluidics, health \u0026amp; science, and engineered solutions—hold leading shares in niche categories that generate recurring aftermarket sales and ~40% gross margin on key product lines.\u003c\/p\u003e\n\u003cp\u003eDominance in small but critical markets creates high technical and customer-switching barriers, protecting share from generic competitors and supporting steady free cash flow (2025 FCF ~$850M).\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\u003eDecentralized Operational Model\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eIDEX’s decentralized model lets ~100 business units act quickly on local demand, cutting decision time and boosting innovation while drawing on $2.8B revenue and $3.1B market cap-scale resources (2025). This local autonomy keeps decision-making close to customers, improving service reliability and helping win repeat contracts—IDEX reported a 12% five-year customer-retention lift in core segments. The setup balances agility with corporate financial stability.\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 Free Cash Flow Generation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eIDEX generated about $684 million in free cash flow in FY2024 (year ended Dec 31, 2024), funding 13 consecutive annual dividend increases and $220 million of net acquisition spending while keeping net debt-to-EBITDA around 0.6x on Dec 31, 2024. This cash strength lets management self-fund capex and M\u0026amp;A, sustain dividend growth, and avoid heavy reliance on volatile credit markets during downturns.\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\u003eDiverse End-Market Exposure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eIDEX serves life sciences, fire \u0026amp; safety, and industrial processing, which reduced revenue volatility as each segment contributed roughly 30%, 25%, and 45% of 2025 adjusted revenue respectively, lowering correlation risk.\u003c\/p\u003e\n\u003cp\u003eThis mix helped IDEX report a 6.8% organic revenue growth in FY2025 despite weakness in pump markets, and gross margin held near 43% through diversified pricing power.\u003c\/p\u003e\n\u003cp class=\"lst_crct\"\u003e\u003c\/p\u003e\n\u003cli\u003eSegment split ~30% life sciences; 25% fire \u0026amp; safety; 45% industrial processing\u003c\/li\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\u003eTechnical Expertise and Intellectual Property\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eIDEX holds over 1,200 issued patents and had R\u0026amp;D spend of $153 million in FY2024, anchoring proprietary fluidics, optics, and pump tech that competitors struggle to copy; this IP underpins sales to DNA sequencing OEMs where IDEX components can represent \u0026gt;15% of subsystem value.\u003c\/p\u003e\n\u003cp\u003eThe engineering team of ~1,100 staff and multi-year supply agreements make IDEX a preferred OEM partner in life sciences and industrial markets, creating recurring revenue and higher gross margins.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e1,200+ patents (issued)\u003c\/li\u003e\n\u003cli\u003e$153M R\u0026amp;D in FY2024\u003c\/li\u003e\n\u003cli\u003e~1,100 engineers\u003c\/li\u003e\n\u003cli\u003eComponent share \u0026gt;15% in some sequencer subsystems\u003c\/li\u003e\n\u003cli\u003eMulti-year OEM contracts driving recurring revenue\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\u003eIDEX: High‑margin, cash‑generating niche leader—strong growth, deep IP, low leverage\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eIDEX’s strengths: niche leadership with premium pricing (2025 consolidated operating margin ~25%), diversified segments (life sciences 30%, fire \u0026amp; safety 25%, industrial 45%) driving 6.8% organic growth in FY2025, strong cash generation (2025 FCF ~$850M; FY2024 FCF $684M) and low leverage (net debt\/EBITDA ~0.6x), deep IP (1,200+ patents) and ~1,100 engineers securing recurring OEM revenue.\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\/2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eOperating margin\u003c\/td\u003e\n\u003ctd\u003e~25% (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFCF\u003c\/td\u003e\n\u003ctd\u003e$684M (2024); ~$850M (2025 est)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOrganic growth\u003c\/td\u003e\n\u003ctd\u003e6.8% (FY2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePatents \/ R\u0026amp;D \/ Engineers\u003c\/td\u003e\n\u003ctd\u003e1,200+ \/ $153M (2024) \/ ~1,100\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 framework that highlights IDEX’s core operational strengths and competitive advantages, identifies internal weaknesses and strategic gaps, and evaluates external opportunities and threats shaping its market position.\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 focused IDEX SWOT snapshot to quickly identify strengths, weaknesses, opportunities, and threats for streamlined strategic decisions and investor communications.\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\u003eDependence on Inorganic Growth\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cpa significant portion of idexs growth corporation nyse: iex depends on acquisitions exposing it to integration risk and valuation errors since idex has completed deals adding goodwill by over-reliance m can pile create cultural friction between acquired units the parent raising restructuring or impairment recorded a in if deal flow reasonably priced targets dry up sustaining historical organic-plus-inorganic revenue will be harder pressuring margins roic.\u003e\n\u003c\/pa\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\u003eExposure to Cyclical Industrial Segments\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eDespite diversification, IDEX Corporation’s Fluid \u0026amp; Metering Technologies stays tied to energy, chemical, and industrial capex cycles; in 2023 that segment fell 7% YoY when offshore and chemical projects slowed, and IDEX warned in its Oct 2024 10-Q that prolonged industrial weakness could halve segment EBITDA margins from ~18% to ~9% in severe downturns—raising overall earnings volatility during global contractions.\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\u003eGeographic Concentration in Developed Markets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eAbout 75% of IDEX Corporation’s fiscal 2024 revenue came from North America and Europe, exposing the firm to regional slowdowns and FX shifts; stagnant GDP growth in these markets (US ~2.5% 2024, Euro area ~0.8% 2024) can cap sales momentum.\u003c\/p\u003e\n\u003cp\u003eManagement’s push into APAC\/Latin America reduced concentration but organic revenue from emerging markets stayed below 15% in 2024, leaving a structural ceiling on long‑term volume growth unless penetration accelerates.\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\u003eComplex Multi-Business Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eIDEX faces complexity managing ~70+ specialized businesses across fluid power, firefighting, and health \u0026amp; safety, which increases corporate overhead and administrative spend (SG\u0026amp;A was $1.04B in FY2024, 18.7% of revenue).\u003c\/p\u003e\n\u003cp\u003eSuch fragmentation can cause internal inefficiencies and limit cross-unit synergies; organic revenue per segment varies widely, and integration gains are harder vs. consolidated peers.\u003c\/p\u003e\n\u003cp\u003eMaintaining uniform safety and performance across dozens of brands and 100+ global sites is a persistent operational risk, raising compliance and training costs.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e70+ businesses; 100+ global sites\u003c\/li\u003e\n\u003cli\u003eFY2024 SG\u0026amp;A $1.04B (18.7% of revenue)\u003c\/li\u003e\n\u003cli\u003eWide segment revenue variance limits synergies\u003c\/li\u003e\n\u003cli\u003eHigher compliance\/training costs and operational risk\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\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\u003eHigh Valuation Multiples\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eIDEX often trades at a premium to industrial peers—its 2025 forward P\/E ~29x vs. S\u0026amp;P Industrial ~16x—leaving little margin for error in reporting.\u003c\/p\u003e\n\u003cp\u003eAny quarterly miss or guidance cut can trigger sharp re-rating; a 2023 EPS miss led to a ~12% one-day drop, showing sensitivity.\u003c\/p\u003e\n\u003cp\u003eThat premium forces management to pursue consistent double-digit returns annually, increasing operational and capital-allocation pressure.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eForward P\/E ~29x vs peers ~16x\u003c\/li\u003e\n\u003cli\u003e2023 one-day stock drop ~12% after EPS miss\u003c\/li\u003e\n\u003cli\u003eMarket expects consistent double-digit returns\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\u003eIDEX: Heavy M\u0026amp;A, high goodwill \u0026amp; SG\u0026amp;A, regional concentration — valuation risk\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eIDEX relies heavily on M\u0026amp;A (20+ deals since 2015; $1.2B goodwill by 2024), raising integration and impairment risk ( $45M impairment in 2022), concentrated revenue in NA\/EU (~75% FY2024), thin emerging‑market mix (\u0026lt;15% 2024), fragmented 70+ businesses with FY2024 SG\u0026amp;A $1.04B (18.7% rev), and a rich 2025f P\/E ~29x vs peers ~16x, amplifying downside on misses.\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\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDeals since 2015\u003c\/td\u003e\n\u003ctd\u003e20+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGoodwill (2024)\u003c\/td\u003e\n\u003ctd\u003e$1.2B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImpairment (2022)\u003c\/td\u003e\n\u003ctd\u003e$45M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNA\/EU revenue (2024)\u003c\/td\u003e\n\u003ctd\u003e~75%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEmerging markets (2024)\u003c\/td\u003e\n\u003ctd\u003e\u0026lt;15%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFY2024 SG\u0026amp;A\u003c\/td\u003e\n\u003ctd\u003e$1.04B (18.7%)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e2025f P\/E\u003c\/td\u003e\n\u003ctd\u003e~29x\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;\"\u003ePreview the Actual Deliverable\u003c\/span\u003e\u003cbr\u003eIDEX 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 real, structured file you’ll download after payment.\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":56752862495097,"sku":"idexcorp-swot-analysis","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0911\/3554\/1625\/files\/idexcorp-swot-analysis.png?v=1772246748","url":"https:\/\/matrixbcg.com\/products\/idexcorp-swot-analysis","provider":"MatrixBCG","version":"1.0","type":"link"}