diff --git a/parent-boot-performance/README.md b/parent-boot-performance/README.md
new file mode 100644
index 0000000000..fce9e101da
--- /dev/null
+++ b/parent-boot-performance/README.md
@@ -0,0 +1 @@
+This is a parent module for projects that want to take advantage of the latest Spring Boot improvements/features.
\ No newline at end of file
diff --git a/parent-boot-performance/pom.xml b/parent-boot-performance/pom.xml
new file mode 100644
index 0000000000..b1c6854eae
--- /dev/null
+++ b/parent-boot-performance/pom.xml
@@ -0,0 +1,91 @@
+
+ 4.0.0
+ parent-boot-performance
+ 0.0.1-SNAPSHOT
+ parent-boot-performance
+ pom
+ Parent for all modules that want to take advantage of the latest Spring Boot improvements/features. Current version: 2.2
+
+
+ com.baeldung
+ parent-modules
+ 1.0.0-SNAPSHOT
+
+
+
+ 3.1.0
+
+ 1.0.21.RELEASE
+ 2.2.0.M3
+
+
+
+
+
+ org.springframework.boot
+ spring-boot-dependencies
+ ${spring-boot.version}
+ pom
+ import
+
+
+
+
+
+ io.rest-assured
+ rest-assured
+
+
+ org.springframework.boot
+ spring-boot-starter-test
+ test
+
+
+
+
+
+
+
+ org.springframework.boot
+ spring-boot-maven-plugin
+ ${spring-boot.version}
+
+ ${start-class}
+
+
+
+
+
+
+
+
+
+ spring-milestones
+ Spring Milestones
+ https://repo.spring.io/milestone
+
+
+
+
+
+ thin-jar
+
+
+
+ org.springframework.boot
+ spring-boot-maven-plugin
+
+
+
+ org.springframework.boot.experimental
+ spring-boot-thin-layout
+ ${thin.version}
+
+
+
+
+
+
+
+
diff --git a/spring-boot-performance/pom.xml b/spring-boot-performance/pom.xml
new file mode 100644
index 0000000000..bbee7493cc
--- /dev/null
+++ b/spring-boot-performance/pom.xml
@@ -0,0 +1,45 @@
+
+ 4.0.0
+ spring-boot-performance
+ spring-boot-performance
+ war
+ This is a simple Spring Boot application taking advantage of the latest Spring Boot improvements/features. Current version: 2.2
+
+
+ parent-boot-performance
+ com.baeldung
+ 0.0.1-SNAPSHOT
+ ../parent-boot-performance
+
+
+
+
+ com.baeldung.lazyinitialization.Application
+
+
+
+
+ org.springframework.boot
+ spring-boot-starter
+
+
+
+
+ spring-boot-performance
+
+
+ src/main/resources
+ true
+
+
+
+
+
+ org.apache.maven.plugins
+ maven-war-plugin
+
+
+
+
\ No newline at end of file
diff --git a/spring-boot-performance/src/main/java/com/baeldung/lazyinitialization/Application.java b/spring-boot-performance/src/main/java/com/baeldung/lazyinitialization/Application.java
new file mode 100644
index 0000000000..195b260399
--- /dev/null
+++ b/spring-boot-performance/src/main/java/com/baeldung/lazyinitialization/Application.java
@@ -0,0 +1,32 @@
+package com.baeldung.lazyinitialization;
+
+import com.baeldung.lazyinitialization.services.Writer;
+import org.springframework.boot.SpringApplication;
+import org.springframework.boot.autoconfigure.SpringBootApplication;
+import org.springframework.context.ApplicationContext;
+import org.springframework.context.annotation.Bean;
+
+@SpringBootApplication
+public class Application {
+
+ @Bean("writer1")
+ public Writer getWriter1() {
+ return new Writer("Writer 1");
+ }
+
+ @Bean("writer2")
+ public Writer getWriter2() {
+ return new Writer("Writer 2");
+ }
+
+ public static void main(String[] args) {
+ ApplicationContext ctx = SpringApplication.run(Application.class, args);
+ System.out.println("Application context initialized!!!");
+
+ Writer writer1 = ctx.getBean("writer1", Writer.class);
+ writer1.write("First message");
+
+ Writer writer2 = ctx.getBean("writer2", Writer.class);
+ writer2.write("Second message");
+ }
+}
diff --git a/spring-boot-performance/src/main/java/com/baeldung/lazyinitialization/services/Writer.java b/spring-boot-performance/src/main/java/com/baeldung/lazyinitialization/services/Writer.java
new file mode 100644
index 0000000000..7c67fb7ea4
--- /dev/null
+++ b/spring-boot-performance/src/main/java/com/baeldung/lazyinitialization/services/Writer.java
@@ -0,0 +1,16 @@
+package com.baeldung.lazyinitialization.services;
+
+public class Writer {
+
+ private final String writerId;
+
+ public Writer(String writerId) {
+ this.writerId = writerId;
+ System.out.println(writerId + " initialized!!!");
+ }
+
+ public void write(String message) {
+ System.out.println(writerId + ": " + message);
+ }
+
+}
diff --git a/spring-boot-performance/src/main/resources/application.yml b/spring-boot-performance/src/main/resources/application.yml
new file mode 100644
index 0000000000..25f03eed56
--- /dev/null
+++ b/spring-boot-performance/src/main/resources/application.yml
@@ -0,0 +1,3 @@
+spring:
+ main:
+ lazy-initialization: true
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