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There are instances of displacement. It's not a nascent market, so every time we win a new deal, we are usually displacing someone. Not always, but most of the time. We do lose customers, so there are instances where others displace us. The life of one of these applications is typically long. We use 18 years as a benchmark for implementation life. Even if after 15 to 20 years you're losing a customer, it's still a high switching cost. Customers might replace the system every 15 to 20 years, but 18 years is our benchmark for replacement.
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This doesn't significantly boost revenue because it becomes a basic expectation, much like how people expect to Google something easily. Trip planning should be straightforward and expected. Thus, it won't drive revenue growth by 20-25%. On the core side, AI won't replace our proprietary data structures, hardware integration on vehicles, asset replacement planning, and capital investment strategies. I don't see a significant risk of AI replacing our core components, except in end-user interactions, which will include an AI component.
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