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Nordic Data Center Market Report 2022: Market Witnessed Investments of $5.24 Billion in 2021 and will Witness Investments of $10.21 Billion by 2027

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Dublin, Feb. 08, 2022 (GLOBE NEWSWIRE) — The “Nordic Data Center Market – Industry Outlook & Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.

Nordic data center market witnessed investments of USD 5.24 billion in 2021 and will witness investments of USD 10.21 billion by 2027, growing at a CAGR of 11.76 % during 2022-2027.

The Nordics is a favorable investment area for hyperscale, colocation, and cryptocurrency data centers. Hyperscale data center operators have opted to open many self-built cloud data centers in the Nordics to support local and regional customers.

The adoption of cloud-based services, big data analytics, and IoT services has grown significantly by local enterprises across the Nordics, boosting local colocation demand in the market.

NORDICS DATA CENTER MARKET SEGMENTATION

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  • IT Infrastructure: High-performance computing workloads will drive the demand for HPC systems in Nordics data centers. The majority of these workloads are non-critical in nature. Also, hyperscale operators consider deploying in Nordic as cold-storage facilities or disaster recovery centers.
  • UPS Systems: Over USD 1.7 billion will be spent on procurement and deployment of UPS systems and batteries across Nordic data centers during 2022-2027. In Nordic countries, the adoption of lithium-ion batteries is increasing. In 2020, Ecodatacenter partnered with Schneider Electric to develop an ultra-low-carbon-footprint data center in Falun by installing Galaxy VX UPS with lithium-ion and MasterPact MTZ solutions.
  • Cooling Systems: Around USD 1.5 will be spent on procuring and deployment of free cooling chillers, economizers, and evaporative cooling units for data centers in Nordics during 2022-2027. Along with air-based cooling, the data center operators are likely to adopt liquid emersion cooling for the data centers. For instance, in 2020, Iceotope partnered with Schneider Electric and Avnet to provide the chassis-level liquid immersion cooling solution to EcoDataCenter’s colocation facility in Sweden.

GEOGRAPHICAL ANALYSIS

  • Denmark: Denmark to record a CAGR of about 19.15% during 2021-2027. Digital Realty, Facebook, and Google are Denmark’s major data center investors. Denmark has an abundance of renewable energy, and the government is focussing on the generation of green energy. The Denmark government is focusing on attracting investments from various operators providing various incentives, developing areas for data centers. Facebook, Google, and DigiPlex have several acres of land for data center development or expansion in Denmark.
  • Norway: Norway to record a CAGR of around 20% during 2021-2027. In June 2021, the Norwegian data center industry announced the establishment of Norsk Datasenterindustri (Norwegian Data Center Industry), an industry association to strengthen the data center industry in Norway. The association includes data center operators, including Digiplex and Green Mountain, as well as power companies such as Ringerikskraft and Statkraft. It will come under the umbrella of IKT-Norge.

VENDOR LANDSCAPE

  • In October 2021, NetApp acquired a cloud optimization platform “CloudCheckr” which will provide security, maintenance, and also optimize cloud resources.
  • Caverion acquired RPH Linc AB, a systems integrator for various electrical security for various customers in Stockholm, Sweden.
  • Hyperscale providers continue to dominate through the adoption of ODM solutions through their self-built facilities and collocated cloud regions across the Nordics, thus fuelling demand for hyperscale data centers in the Nordic region.

KEY GROWTH FACTORS

  • Increase in Connectivity (Submarine Cables & Internal Connectivity)
  • Impact 5G Fueling Data Center Deployment
  • Increasing Adoption of District Heating Concept
  • Growing Artificial Intelligence Adoption
  • Growing Government/Industry Initiatives
  • Impact Innovations in the Data Center Industry

KEY HIGHLIGHTS

  • Nordic is expected to witness over USD 8 billion of cumulative investments through the development of data centers by hyperscale operators during 2022-2027.
  • Digital Realty, Equinix, Green Mountain, atNorth, and Hetzner Online are the prominent data center operators that invested around 20% of the total investment in 2021. Data center operators are likely to make more investments in the region.
  • In terms of investments by data center operators, the Denmark data center market is leading with around 30% of total investments in the Nordics, followed by Sweden and Norway.
  • The data center operators and associations signed a European Green Deal to reduce greenhouse gas and nullify greenhouse gas emissions across Europe. The awareness of renewable energy procurement will increase along with the construction of data center facilities in the region. This will drive demand for the carbon-free data center.

Prominent IT Infrastructure Providers

  • Arista Networks
  • Atos
  • Broadcom
  • Cisco Systems
  • Dell Technologies
  • Hewlett Packard Enterprise (HPE)
  • Huawei Technologies
  • IBM
  • Juniper Networks
  • Lenovo
  • NetApp
  • Oracle

Prominent Support Infrastructure Providers

  • ABB
  • Alfa Laval
  • Carrier
  • Caterpillar
  • Cummins
  • Eaton
  • HITEC Power Protection
  • Legrand
  • NetNordic
  • Reillo Elettronica
  • Rittal
  • Rolls-Royce Power Systems
  • Schneider Electric
  • Socomec
  • STULZ
  • Trane Technologies
  • Vertiv Group

Prominent Construction Contractors

  • Arup Group
  • Coromatic
  • Caverion
  • COWI
  • Designer Group
  • RED
  • Dornan
  • Exyte
  • Gottlieb Paludan Architects
  • Granlund Group
  • MT Hojgaard
  • Mace Group
  • ISG
  • Sweco
  • Mercury
  • Ramboll Group
  • YIT

Prominent Data Center Investments

  • Apple
  • AQ Compute
  • atNorth
  • Bahnhof
  • DigiPlex
  • Digital Realty
  • EcoDataCenter
  • Equinix
  • Green Mountain
  • Google
  • Facebook
  • Microsoft

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Market Segments
4.4 Scope of The Study

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

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6 Market at a Glance

7 Introduction
7.1 Market Snapshot
7.2 Data Center Site Selection Criteria
7.2.1 Key
7.3 List of Submarine Cables

8 Market Opportunities & Trends
8.1 Increase in Connectivity (Submarine Cables & Internal Connectivity)
8.2 5G Fueling Data Center Deployment
8.3 Increasing Adoption of District Heating Concept
8.4 Growing Artificial Intelligence Adoption
8.5 Growing Government/Industry Initiatives
8.6 Innovations in Data Center Industry

9 Market Growth Enablers
9.1 Covid-19 To Boost Data Center Investments
9.2 Carbon-Free Data Centers
9.3 Rising Adoption of Cloud-Based Services
9.4 Growing Investments in Data Centers
9.5 Big Data and IOT Boost Data Center Investments
9.6 Free Cooling Lowers Pue of Data Centers

10 Market Restraints
10.1 Lack of Skilled Workforce
10.2 Security Challenges in Data Centers
10.3 High Procurement Cost of Efficient Infrastructure

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11 Market Landscape
11.1 Market Overview
11.2 Market Size & Forecast
11.3 Area: Market Size & Forecast
11.4 Power Capacity: Market Size & Forecast
11.5 Five Forces Analysis

12 Facility
12.1 Investment: Market Snapshot & Growth Engine
12.2 Area: Market Snapshot & Growth Engine
12.3 Power Capacity: Market Snapshot & Growth Engine
12.4 Colocation Data Centers
12.5 Hyperscale Data Centers
12.6 Enterprise Data Centers

13 Infrastructure
13.1 Market Snapshot & Growth Engine
13.2 IT Infrastructure
13.3 Electrical Infrastructure
13.4 Mechanical Infrastructure
13.5 General Construction

14 IT Infrastructure
14.1 Market Snapshot & Growth Engine
14.2 Server Infrastructure
14.3 Storage Infrastructure
14.4 Network Infrastructure

15 Electrical Infrastructure
15.1 Market Snapshot & Growth Engine
15.2 UPS Systems
15.3 Generators
15.4 Transfer Switches & Switchgear
15.5 Power Distribution Units
15.6 Other Electrical Infrastructure

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16 Mechanical Infrastructure
16.1 Market Snapshot & Growth Engine
16.2 Cooling Systems
16.3 Racks
16.4 Other Mechanical Infrastructure

17 Cooling Systems
17.1 Market Snapshot & Growth Engine
17.2 CRAC & CRAH Units
17.3 Chiller Units
17.4 Cooling Towers, Condensers & Dry Coolers
17.5 Economizers & Evaporative Coolers
17.6 Other Cooling Units

18 Cooling Technique
18.1 Market Snapshot & Growth Engine
18.2 Air-Based Cooling Techniques
18.3 Liquid-Based Cooling Techniques

19 General Construction
19.1 Market Snapshot & Growth Engine
19.2 Core & Shell Development
19.3 Installation & Commissioning Services
19.4 Engineering & Building Design
19.5 Fire Detection & Suppression
19.6 Physical Security
19.7 DCIM/BMS Solutions

20 Tier Standards
20.1 Market Snapshot & Growth Engine
20.2 Overview of Tier Standards
20.3 Tier I & II
20.4 Tier III
20.5 Tier IV

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21 Geography
21.1 Market Snapshot & Growth Engine
21.2 Area: Snapshot & Growth Engine
21.3 Power Capacity: Snapshot & Growth Engine

For more information about this report visit https://www.researchandmarkets.com/r/a8o0mi


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Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services

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LONDON, June 14, 2024 /PRNewswire/ — ViCA.Chat, the Virtual Compliance Assistant powered by AI technology, is set to transform regulatory compliance consulting. Developed by ComplyMAP Group’s AI engineers and Complyport’s compliance consulting teams, ViCA redefines compliance support services and propels governance, risk and compliance consulting into a new era of innovation. 

Offering real-time assistance across a vast array of UK and EU regulatory frameworks, ViCA delivers unparalleled efficiency, detail and precision in disentangling and dealing with complicated regulatory frameworks.
The key differentiator of ViCA is its specialised and purposely constructed unique databases that leverage Complyport’s 22 years of regulatory expertise, combined with tailored AI training tools, enabling ViCA to operate as an experienced compliance consultant. A dedicated human support team continuously improves and updates ViCA’s knowledge and responses through a feedback loop process and quality assurance sessions. This powerful symbiosis of AI and human expertise sets ViCA apart and ensures businesses have the latest regulatory information instantaneously and seamlessly.
As a result, ViCA’s specialised regulatory database goes beyond readily available online resources which feature into traditional AI tools. ViCA offers exclusive insights, proprietary regulatory interpretations, historical data, bespoke and purposely structured compliance documentation and templates. With advanced scraping capabilities, ViCA also extracts relevant data from selected websites and publicly available information, ensuring an up-to-date and comprehensive understanding of compliance requirements across industries.
From agile fintech startups to established law firms, financial institutions, regulatory bodies, insurance providers, as well as compliance consultants, ViCA seamlessly adapts to unique compliance needs. Its user-friendly interface ensures navigating and analysing regulatory data is swift and intuitive, streamlining the compliance workflow.
“ViCA is a game-changer in how regulatory compliance advice will be provided in the future”, commented Luis Parra, Managing Director of ViCA. “With ViCA, compliance insights become available to all. No longer are regulated firms and responsible people overly dependent on advisors and compliance consultants. Through ViCA, the financial system will not only meet but exceed regulatory standards. Moreover, the level of information made available to the public will benefit society as a whole, in its interactions with the financial services sector.”
Among ViCA’s revolutionary features is its cost-effective model, allowing businesses to significantly reduce reliance on traditional spending with external consultants and advisors.
Visit ViCA.Chat to experience the future of compliance support.
Contact:
Name: Luis ParraTitle: Managing DirectorCompany: Vica.ChatTelephone: +44 20 7399 4980 Email: [email protected]
About ViCA.Chat:
ViCA.Chat is a revolutionary Virtual Compliance Assistant powered by cutting-edge AI technology, designed to demystify the complexities of regulatory compliance. Utilising Complyport’s 22 years of regulatory expertise, ViCA offers real-time assistance and guidance across a wide range of regulatory frameworks, setting a new standard for efficiency and precision in compliance support. From fintech start-ups to established law firms, financial services institutions, regulators, regulatory firms, compliance consultants and insurance firms, ViCA caters to the diverse needs of professionals across all levels in the broader UK financial services sector.
Visit ViCA.Chat to learn more.
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LoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, June 14, 2024 /PRNewswire/ — The LoRa and LoRaWAN IoT Market is expected to reach USD 32.7 billion by 2029 from USD 8.0 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 32.4 % during 2024–2029, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “LoRa and LoRaWAN IoT Market”
320 – Tables 58 – Figures294 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2018-2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
Offering, Network Deployment, Application, End User, and Region
Region covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
List of Companies in LoRa and LoRaWAN IoT
The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US).
The LoRaWAN ecosystem influences development of tools, software libraries, and cloud-based platforms that streamline the creation, deployment, and management of IoT solutions. Continuously evolving, this ecosystem boasts a burgeoning array of vendors providing LoRa-compliant devices, gateways, and network management solutions. This vibrant competition within the ecosystem propels innovation while driving down costs for end-users. Moreover, the development of interoperable solutions fosters seamless integration and deployment of LoRaWAN networks, simplifying the implementation process for businesses and organizations. As the ecosystem continues to expand and mature, it empowers developers, system integrators, and IoT enthusiasts to unleash their creativity, accelerate time-to-market, and unlock the full potential of LoRaWAN technology in diverse applications and industries.
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Based on network deployment, the public network segment to hold the largest market size during the forecast period.
The robust security features integrated into public LoRaWAN networks play a significant role in driving the growth and adoption of LoRaWAN technology in the market. End-to-end encryption ensures that data transmitted between devices and gateways is protected from unauthorized access or interception, safeguarding sensitive information such as sensor readings, location data, and command messages. Message integrity checks verify the integrity of data packets, detecting any tampering or alteration during transmission and ensuring data authenticity and reliability. Additionally, mutual authentication mechanisms establish trust between devices and gateways, verifying the identity of both parties before allowing communication to occur. These security measures provide organizations and end-users with confidence in the integrity and confidentiality of their data, mitigating concerns related to data privacy, cybersecurity threats, and regulatory compliance. As a result, implementing robust security features in public LoRaWAN networks enhances trust and credibility in the technology, driving increased adoption and market growth as organizations seek reliable and secure connectivity solutions for their IoT deployments.
By offering, the services segment is expected to hold a higher growth rate during the forecast period.
IoT service providers are pivotal in driving adoption by developing vertical-specific solutions finely tuned to the distinct needs of industries like agriculture, healthcare, logistics, and smart cities. In agriculture, for instance, IoT services offer solutions for precision farming, crop monitoring, and livestock management, enabling farmers to optimize irrigation, monitor soil health, and enhance yields. Similarly, IoT services facilitate remote patient monitoring, asset tracking, and inventory management in healthcare, improving patient care, reducing costs, and ensuring compliance with regulatory standards such as HIPAA. In logistics, IoT services provide real-time tracking of shipments, fleet management, and predictive maintenance, enhancing supply chain visibility, efficiency, and reliability. For smart cities, IoT services offer solutions for traffic management, waste management, energy optimization, and public safety, transforming urban infrastructure and enhancing the quality of life for residents. By addressing industry-specific challenges, compliance requirements, and use cases, vertical-specific IoT solutions deliver tangible business value, driving adoption and fueling the growth of the IoT services market across diverse sectors.
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Asia Pacific is expected to hold a higher growth rate during the forecast period.
In the Asia Pacific region, where agriculture serves as a cornerstone of many economies, adopting IoT technologies, particularly LoRa and LoRaWAN, is revolutionizing traditional farming practices. LoRaWAN’s long-range connectivity and low-power consumption make it well-suited for deployment in rural agricultural settings, where access to reliable connectivity may be limited. Through LoRa-based IoT solutions, farmers can implement precision agriculture techniques to address pressing challenges such as water scarcity, soil degradation, and unpredictable weather patterns. LoRa-enabled sensors facilitate real-time monitoring of soil moisture levels, temperature, and humidity, allowing farmers to optimize irrigation schedules and conserve water resources. Remote sensing technologies powered by LoRaWAN enable farmers to gather actionable insights on crop health, pest infestations, and nutrient deficiencies, facilitating timely interventions and improving overall crop management practices. Furthermore, LoRa-based crop analytics platforms provide farmers with data-driven decision support tools, helping them optimize planting strategies, improve yield forecasting, and mitigate the impact of climate change on agricultural productivity. By harnessing the power of LoRa and LoRaWAN IoT solutions, farmers in the Asia Pacific region can increase yields, conserve resources, and enhance resilience to environmental challenges, driving the adoption and growth of the LoRaWAN IoT market in the agricultural sector.
Top Key Companies in LoRa and LoRaWAN IoT Market:
The major vendors covered in the LoRa and LoRaWAN IoT Market are The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the LoRa and LoRaWAN IoT Market.
Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting
Related Reports:
Perimeter Security Market- Global Forecast to 2029
Smart Cities Market – Global Forecast to 2028
Fleet Management Market – Global Forecast to 2028
Smart Water Management Market – Global Forecast to 2028
Rail Asset Management Market – Global Forecast to 2026
Get access to the latest updates on LoRa and LoRaWAN IoT Companies and LoRa and LoRaWAN IoT Industry
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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
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Scoring a Seat at UEFA EURO 2024™ with Top-Performing AI-Powered TOSHIBA TV Lineup

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HONG KONG, June 14, 2024 /PRNewswire/ — Football fans are in for a treat as they gear up for UEFA EURO 2024™ with Toshiba TV’s top-performing Gaming TV Z670. As the OFFICIAL TV OF UEFA EURO 2024™, Toshiba TVs present immersive viewing of the football game by their AI-powered TV lineup. To celebrate the brilliant moments it can bring, Toshiba TV are gifting USD100 Amazon Gift Card via their social platform! By simply like, follow and comment on @ToshibaTVGlobal, fans can boost their chances of scoring this prize.

Optimized Visuals Tailored for Football Dynamics
The Toshiba REGZA Engine ZRi in Z670 transports football fans into the heart of the action. With the AI Football Mode, they’ll be able to see fast-moving objects crystal clear and football field actions much enriched. To see their favourite player score that winning goal, the AI Picture Optimizer automatically adjusts visual contrast and precision adapted to the game. From vivid green fields and vibrant player kits, every play comes to life with AI 4K Upscaling and Quantum Dot Color, transforming lower-resolution broadcasts into near-4K quality and unleashing lifelike visual color.
Powerful Audio Effects for a Live Stadium Experience
The Toshiba TV Z670’s powerful audio system makes viewers feel like they’re right in the game. With the REGZA Bass Woofer Pro, Tru Bass Booster, and Dolby Atmos, they’ll experience heart-thumping 3D surround sound that captures the live stadium atmosphere. Whether it’s the roar of the crowd or the intensity of each play, the rich audio brings the excitement of each game right into their room.
Bringing Everyone Together for UEFA EURO 2024™
Available in sizes ranging from 55″ to 85″, Z670 is equipped with a Wide Viewing Angle and Anti-reflection features that ensures a clear picture from all viewing positions with the non-glare panel. Gather everyone for “Brilliant Every Moment” in UEFA EURO 2024™ with Toshiba TV!
Please find the high-resolution TVC here: Link
About Toshiba TV:
With 70+ years of history in TV production, Toshiba TV is known for its exquisite craftsmanship, innovative ideas and groundbreaking inventions. By prioritizing superior image quality and auditory experiences, Toshiba TV sets new standards in entertainment. Toshiba TV stems from the excellence quest of customers, providing the world with responsible products to make the world a better place. Emphasizing attention to product details and technological advancement, Toshiba TV integrates aesthetically pleasing design, quality assurance, and brand reputation to underscore its commitment to authenticity in the actual world and a sincere dedication to its consumers, showcasing Toshiba TV’s long-standing design philosophy and continuous pursuit of product quality.
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