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Taylor Otwell invented Laravel, a free, open-source PHP web framework designed for the building of web applications using the model-view-controller (MVC) architectural paradigm. It is also one of the most popular frameworks for building web applications. Laravel is among the most widely used PHP frameworks.

Some of the benefits of utilizing Laravel include:

1) Laravel is an open-source framework. This means that it is free to use and does not require a license.

2) Laravel is an immensely popular framework. This means that there is a huge developer community that is familiar with the framework and can provide assistance.

3) Laravel is a very flexible framework. This means that it can be used to develop a wide variety of applications.

4) Laravel is a well-documented framework. This means that there is a wealth of information available to developers who are looking to learn how to use the framework.