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Business Technology Consulting Firms And Their Services

Enterprise software applications are increasing at an amazing rate. More and more companies are seeking agile solutions to streamline their operations and expand their global presence. Business technology consulting firms are busy in developing and designing coherent and company-focused solutions to develop the capabilities of companies. Also, Companies are looking for strong but flexible applications to stay ahead and create their own niche in the business stratosphere.

Consulting and software development companies focus on a broader spectrum of innovative technologies to create software solutions or applications that are ideal and can improve the company’s image and meet the needs of customers.

Developers and programmers of highly skilled and experienced applications offer their help in the development of business applications, business solutions, development of iPhone applications, and design of e-commerce websites and complete IT consulting services. They extend their unwavering support to meet the particular needs of companies. Its intuitive technology software solutions focus on your weak points and offer an adequate and research-based solution. Developers and programmers use specialized tools, resources, frameworks, and platforms to strengthen the structure of their business. Check here!

Some of the most important services offered by technology consulting companies are the following:

1. Custom Software Solutions

Developers and experienced programmers analyze the requirements of your company and draw a model to propose a practical system that is specific, consistent as well as economical. With their accent, developers and business analysts start the project in a professional manner. They use several high-end platforms (for example, Android, iOS, Windows Phone, etc.) to enhance the basic framework of the software solution.

2. Applications Development

Software developers and programmers develop appropriate business solutions and mobile applications to make more efficient decentralized business procedures. This allows a competitive benefit for your company and allows you to expand your operations on a large scale. They improve powerful, robust, flexible, secure, reliable applications with all the functions that allow commercial objectives. These applications will simplify the complexities of the business and offer end-to-end facilities in a surprising way.

Advantages of Business Technology Consulting Firms

The best advantage is that experts in business application development develop low-cost smart solutions that will provide quality executions. Software consulting companies provide tailored IT services to better meet the requirements of growing businesses. Companies also need an IT consulting firm to analyze their developing challenges, concerns and improve a completely versatile, innovative, aligned and inventive solution that improves collaboration, automation process, business operations and workflow in general. Promising solutions not only improve capabilities, but they also eliminate bottlenecks.

Summary

At present, business technology consulting firms also recommend holistic and advanced enterprise applications and software solutions more than traditional ones, since advanced solutions are measurable and allow companies to make critical business decisions quickly through the use of information in real time. Undoubtedly, business applications provide a true competitive advantage for companies. Hiring the services of a good IT support company can be a safer life. The IT Company will be at your place of business immediately to solve the problem. Click here for more information: https://www.investopedia.com/terms/i/investmentconsultant.asp

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Accounting for Asset Retirement

When an asset is permanently removed from service, it is counted as retired. Some processes that can lead to asset retirement include disposal because of obsolescence or a sale to another party. Long-term assets typically make up much of the assets of a company, so it is important to place controls on them to ensure the asset retirement processes fit standard accounting rules. Although these methods sometimes require the help of a certified public accountant, you can take some steps to smooth out the process.

What is Asset Retirement?

Accounting for asset retirement can be referred to as the accounting principle set by the FASB (Financial Accounting Standards Board). This principle requires public companies to acknowledge the fair value of physical, long-term assets retirement obligations. This rule ensures that the precise value of a company’s existing assets is carried on the balance sheets. This balance sheet is similar to the income statement based processes previously used by some companies. Although small businesses may not be affected by this rule, it is smart to follow it to ensure accurate accounting.

Asset Retirement Obligations (ARO)

Accounting for asset retirement obligations is designed to address a company’s legal responsibilities stemming from standard operation, growth, building, or acquisition of a physical asset. Asset retirement obligations can either be incurred at the starting point of a company’s asset life or during its operating lifetime. ARO does not cover other obligations related to an asset inappropriate operation such as those liabilities affiliated to environmental remediation processes. Check here.

Balance Sheet and Asset Retirement

According to rule 143 of FASB, a company must elevate an asset retirement obligation at the fair value of that asset. The fair value of the retired asset is a representation of the liability of the balance sheet of the company. The fair value is the amount a consenting and knowledgeable party would agree to take over the obligation of a particular asset. The FASB rule allows for a certified public accountant (CPA) to estimate the fair value if there is no available market for the retired asset or no such parties exist.

Variables and Asset Retirement

Calculating asset retirement obligations vary from case to case and can be complicated. However, there are two variables that are often used. The first variable involves estimating the cash flow that was received from the last asset. These estimates require accurate forecasts of profit margins, technological process, employee wages, and inflation rates. The level of effective interest rate is the other variable. This reflects interest rates and credit risk adjustments from year to year.

Asset Retirement Obligation Example

A typical example is an oil drilling site with a lease of 40 years. A well is created and a drilling platform is erected after about 5 years of holding the lease. The well and the platform have a 40 years estimated useful life. Presently, the cost of removing the well and platform as well as cleaning up the site is $15,000. It is estimated that the inflation for that remediation and removal work over the next 40 years is about 2.5 percent/year. So the credit-adjusted risk-free borrowing rate is 8 percent. Since the life of the well and the drilling platform can’t go beyond the life of the lease, it is expected that rig and well will be retired after 35 years. Check out this site: https://opportune.com/Investment-Banking/

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7 Strategies for Energy Management

At the point when energy usage is purposely observed, controlled, and rationed, diminishes in utility consumption and by and large expenses can be acknowledged without relinquishing offices activities with the help of energy management consultants. Such energy management methods can go up against numerous shapes and sizes. Following are strategies facility management executives can use to build proficiency while beating potential exorbitant difficulties.

Effectively Manage Ongoing Energy Use.

Proactive, constant information management can uncover a broad scope of obscure difficulties related to inhabitance, building use, and tops in utility utilization. For instance, energy management consultants, introduced a far-reaching metering framework for a server farm client, checking everything from air and water streams, to quite certain subtleties of the server farm. The ongoing information enabled the building administrators to recognize potential issues momentarily, actualize remedial activities to anticipate basic shutdowns, and manage stacks before they influenced the whole framework.

Effectively manage what is quantifiable.

Utilize advanced metering and energy management systems (EMS) to catch ongoing information, guarantee its exactness and, like this, address specific issues. For instance, a K-12 school introduced an energy dashboard that managed the general facility while effectively captivating personnel and understudies. The client could see how the systems were working and the amount they were sparing dependent on their activities and framework upgrades.

In examples where building proprietors have utility checking gear yet no accumulation or preparing to programme, the meters or observing hardware end up stranded resources.

Effectively manage energy consumption.

Utilize gathered information to fabricate a system that manages expenses and consumption on day by day, week by week, month to month, and yearly premise. Energy management consultants worked with a modern client to assess various pinnacle request decrease strategies. Burden moving and request constraining systems were executed to restrict client loads amid pinnacle hours and diminish costs.

Constraining pinnacle request consumption offers extra advantages that are not in every case simple to recognize or guarantee. For instance, amid pinnacle hours, utilities run “peaker plants” to satisfy needs from the lattice. Check here.

Have a holistic plan.

Without clear heading and an activity plan, it is hard to have a significant effect past the “low hanging natural product.” An all-encompassing arrangement is fundamental to use generally investment funds and give a blend of enhancements to generous outcomes. This assesses every single imaginable sparing including water, waste, energy, and framework/facility consistent quality to bundle the suitable measures for the facility’s objectives and budgetary prerequisites.

Secure leadership buy-in and support.

Genuine, all-encompassing changes won’t be feasible without direct association and backing from the initiative. It is fundamental to connect with effort and principal chiefs that sway the financials of facility tasks with the best financial management consultants.

Negotiate.

Arrange supply contracts with outsider advertisers to lessen energy costs. Energy consulting firms work with a few clients on specific energy arrangements and distinguished chances to enable them to arrange utility rates productively. The firm worked with an apartment suite skyscraper client and could organize a 5% decrease of utility rates, while likewise assessing improvement measures. These outcomes can be accomplished when we know chronicled consumption and have accurate projections for consumption; exploit accessible abridgment, exchange, as well as interest reaction projects; and issue evaluating RFPs to different providers to guarantee best market esteem.

Take risks.

Significant changes that diminish consumption can require troublesome advances and choices; however,remunerate exceeds hazard if changes are legitimately managed. The capacity of a confided in counsel to use in-house abilities combined with a substantial responsibility to change the weight.

In conclusion, make a move however don’t “over the investigation.” Partner with the Energy consulting firms that can enhance in-house learning. Build up an inhabitant social mindfulness program. Check out this site: https://opportune.com/About-Opportune/The-Opportune-Advantage/

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The Three Ways Artificial Intelligence Will Impact Oil and Gas

Introduction

An exchange of man-made brainpower must start with a meaning of AI. My definition is that AI is a modernized ability to execute work requiring psychological aptitudes that are regularly connected with people. Illustrations oil industry incorporate common dialect handling, interpretation of dialects, visual observation, sound-related translation, and device creation.

UPSTREAM IMPACTS

The greatest diversion for AI in the upstream is through deciphering and breaking down accessible subsurface information, demonstrating that information, and enhancing recuperation rates from assets. Shale wells go into quick decay rapidly in the life of the well (maybe 3 years after beginning creation). Traditional wells, for the most part, have a much shallower decay bend, and the measure of the recuperated item is significantly more noteworthy.

By moving the decay bend for shale to all the more intently coordinate that of ordinary wells (essentially, stretch the bend, and increment the volume of yield), oil specialists will add 5% to worldwide stores (or 500b barrels of oil equal). This is principally a math issue to understand and demonstrate out porousness and porosity and to utilize that knowledge to frack shale oil and gas wells in an unexpected way, a vocation for which man-made reasoning is appropriate.

DOWNSTREAM IMPACTS

The second huge effect from AI is approaching, however not yet show. As transportation advancements develop, the demand for fuel might be significantly affected. I say “may” on the grounds that nobody can foresee with assurance what will occur as society embraces more associated, self-sufficient, shared and electric autos and trucks (Case for short). Auto and truck makers around the globe are on the whole quickly changing over their assembling supply lines to deliver these new transportation advancements. CASE vehicles, especially the self-sufficient assortments, are subject to AI motors to translate all that portability information produced by onboard cameras and sensors. See more.

Generation AND MIDSTREAM IMPACTS

In whatever is left of the oil and gas esteem chain, AI is being sent basically to enlarge human basic leadership, as opposed to dislodge people, and in manners that assistance advance resource execution, and foresee resource execution. There are some counter cases, however, that is the manner by which I see it.

For instance, Woodside utilizes IBM Watson (a suite of devices that involve IBM’s AI offering), in various zones (there are a few YouTube recordings on their advancement). My most loved is the means by which they utilize Watson to work with the building group to list all the past designing investigations and archives about their colossal gas venture off the bank of Western Australia. The specialists would then be able to ask Watson in normal dialect anything they need, Watson right away and effectively deciphers the inquiry and then displays the discoveries. Woodside evaluated that their designers used to spend up to 40% of their chance simply finding past examinations.

Conclusion

Most worryingly for oil industry officials, AI is opening new plans of action which could be exceptionally troublesome. The sheer investigative torque from distributed computing presently matches the best in-house register server farms in the greatest oil and gas organizations and is accessible to anybody on an assortment of monetary models. For more information visit: https://opportune.com/Practice-Areas/

How to Pursue With an Oil and Gas Investment

In Pursuing Oil and gas consulting firms as the right investment to develop because the prices oil is expected to increase in the future. Oil and gas business is the best investment right now to invest in, but having the right information about it is of importance, as it will help investors to know the right decision in oil and gas business. As an Oil and gas consultants, you require the best approach to oil and investment in a diversified way, however, in determining the right approach that will fit in your bill is what matters most.

Tips on How to invest in an oil and Gas investment

As an Oil and Gas restructuring advisor, here is everything you require to invest in oil and gas consulting firm. The reasons for investing in such a business include the following

  • Oil and gas consultants should first decide on investing in Unit Investment Trust or a mutual fund, which is meant for energy investment rather than a direct form of venturing. The former is venturesome but do offer returns that are less significant. While the latter is riskier with more returns that are significant as well as a perfect range of a unique tax incentive that is unavailable anywhere else.
  • If buying an Oil and Gas consulting firms, a direct involvement is more preferred. You have to make choice on whether you want to maintain a working interest rate, otherwise, seek a royalty partnership. On a transparent note, royalties are payable to landowners and in case you desire to go through this, consult a real-estate agent to purchase a land which possesses oil wells in it.
  • Buying of Shares in oil and gas consulting firms is a more constructive idea in acquiring part or complete interest in that oil project as a mutual fund. Shares purchase is the most valid option in investing in oil and gas firms making it less risky by entailing less loss to the investors.
  • If making decisions on investing a based investment, you require a proof of a document as an accredited investor. This means that you have to show your or having a reasonable amount of income per year. This will desire a K-1 form that detailed your shares as an investor in both the expenses and income.
  • Stocking of large oil and gas companies bought might have some risks, but not as dangerous as you think. Have it as a thought that oil and gas consultant firms need the advice from an Oil and gas-restructuring advisor.

Conclusion

In conclusion, these tips if followed as written you will be a successful investor an oil and gas-consulting firm. Have it in mind that there are many risks involved in oil and gas investments. Oil and gas investment is a lucrative business and has emerged as a future profits venture.

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Some tips on appointing an energy consultant

Most Energy management consultants in charge of multiple sites or a large energy supply will use a power broker or advisor, and with budgets having just been renewed, it reaches this time that many energy professionals, facilities managers and finance managers will be looking to cut costs and looking to secure new energy deals.

We’ve therefore come up with the following useful guidance for appointing an energy consultant:

Expertise – who’ll be managing your contracts?

It’s important to check that your team of Oil and gas restructuring advisor has good experience of the vitality industry, fully knows how the market segments work and has good analytical skills. If they have associates in the power industry – better still.

Reputation – nothing at all talks louder than advice.

Ask for customer reviews and case studies from clients to check that all you are promised is actually what is delivered to clients.

Self-reliance

many agents will take commissions from suppliers so that it is best to check on that you are dealing with an unbiased consultancy that does not have any motivation to pick one distributor over another. Like that you will get every price on the market. It is not obvious at this time if people do take commissions from suppliers – later in the year this will change and commissions will have to be imprinted on your invoices.

Hidden charges?

many brokers claim that the service they feature is cost-free. However, they will in truth be acquiring a commission payment from energy suppliers for home based business. Many brokers will also have a flat fee on top of this. Energy management consultants might take a flat payment or focus on a contingency basis, meaning that they get paid out the personal savings achieved. They will be independent therefore won’t be dealing with suppliers. Require a price break down to ensure that we now have no invisible charges.

Reporting

many organisations will perform a free audit but ask you for for a backup of the subsequent report, defeating the goal of the free audit. It is worth appointing somebody who can do the free audit, provide you with an annual record, for budgetary and forecasting purposes as well as more consistent reviews with advice on lowering costs/consumption.

Would you get a dedicated Energy management consultants?

if you’re in control or your organisation’s energy you want to know that you get access to every one of the relevant information and team coping with the admin. Therefore, it is good when you can get a fervent expert to be on-hand once you require. Furthermore, check that you should have regular connection with your chosen company and they don’t come in, execute a procurement exercise and then leave you.

Accreditations

whilst more than 70% of energy procurement is facilitate by brokerages, there is no official Ofgem certificate or voluntary code of carry out. However, organisations can become accredited by organisations like the Connection of Energy management consultants or the Utilities Intermediaries Connection. These organisations ensure that members work to a code of practice.

Flexibility

energy management can be intricate and every organisation is different. Ensure that you receive a service that’ll be tailored to your own requirements to make sure that you receive the lowest costs and reduce your costs whenever you can.

Will you be attached in? – check the t’s and c’s to make sure you aren’t locked into a contract if your chosen Energy management consultants fails to deliver that which was promised. Alternatively, if the expert performs well, you will probably want to forge a long-term romantic relationship with him.

For more info: Opportune.com

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Energy Management Consultants Enabling Conservation

One thing that you should consider when you have a business is to hire energy management consultants to make sure that you are saving on as much energy as possible. There are many businesses that aren’t really considering saving on energy usage. However, there are many benefits for the business if you are going to make use if this type of consultant for giving you information on saving energy. Here

Here is some more information about this that every business should know about:

Why is hiring energy management consultants essential?

It is recommended that every business and company should hire energy management firms to consult with them and to assist them in saving energy. The one thing that many business owners don’t really realise is that there are many benefits for the business when they are making use of this type of service to ensure that they are saving as much energy as possible.

It will save your business money in paying utilities and you might even learn about how you can use alternative energy sources for making the company save even more on energy and money. There are many other benefits that your business will have when they are making use of this type of consultants. click here for more

Does it only have benefits for the business?

The one thing that you need to know is that when you are using the energy management firms for consulting about how you can save on energy, then you will not only make sure that it benefits the business but the environment as well.

When a business is going to limit their energy use or when they are going to consider other and different energy options, your business is starting to go green. Meaning that your business is environment-friendly and trying to find ways on how your business can do their bit for the environment.

How are you going to get your employees to decrease the use of energy in the workplace?

The one thing that most businesses will experience when they are hiring energy management consultants is that the employees are always hesitant to use new methods. And, this can cause some problems in the workplace.

However, there are some different ways that you can ensure that they are going to implement these new energy saving methods, without any problems. You can create a reward bonus if the energy is used less within a month. It can make sure that the workers are going to try to use the advice of the consultants to decrease the energy use in the business.

You should hire the best possible consultant for the most effective results

The secret in hiring energy management consultants is that you should make sure that you are hiring the best consultants that you can find. There are different consultants that you can hire, but you should ensure that you are hiring those that are recommended and that has gotten the best feedback.

In order to make your business more efficient, you need to consider hiring someone that will assist you with managing the energy of your business better. This is why you should consider hiring the best energy management firm for teaching you and your workers how to decrease energy in the workplace and to Enabling Conservation. See more this site: http://opportune.com/case-studies/strategic-planning-integrated-power-provider/

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An overview of the energy consulting firms

In the present scenario, energy crisis has led to the development of many different energy consulting firms. The two major sources of energy are oil and gas which are being consumed at much quicker rates than any other source of energy. Therefore, there is a need to explore new reservoirs of oil and gas before the previous ones get exhausted.

In this regard, a lot of oil and gas consulting firms have been established where the concerned officials and persons can get useful advices regarding the conservation of the pre-existing resources of oil and gas and to explore new reservoirs so that there is no burden on the energy reservoirs.

In this regard these companies have hired special oil and gas consultants who visit various places and test the soil and water samples from these places to trace any signs of oil or gas underground. Further help is obtained from the oil and gas restricting advisor who gives his expert opinion.

An overview of some of the leading oil and gas consulting firms is as follows:

IO oil and gas consulting firm

This firm is primarily a consultancy where you can get the highest eve of accuracy when it comes to design and planning of the exploration and set up plans for oil and gas reserves. The oil and gas consultants in this firm provide the most required certainty and assurance about the oil and gas reservoir development and also satisfy the queries of the concerned people coming to them.

This is very important because most of the energy consulting firms are in the state of uncertainty and challenge because the reservoirs of earth are vanishing day by day and maintaining the needs of energy of the world is becoming a difficult task. Therefore there is a dire need to hire energy management consultants in order to resolve the issues and look for some alternatives in the field of energy.

Bain & Company

Bain & Company is among the major and leading oil and gas consulting firms providing some of the best and expert oil and gas consultants whose expert opinion is the best regarding the management of oil and gas problems and issues of their reservoirs.

The working of this company is with the top most energy consultants who are considered among the best energy management consultants. They give useful opinion and best advice about the management of resources of oil and gas. The top executives included in the panel of this firm like many other companies provide the best oil and gas restricting advisor staff helping to solve the problems and queries of the clients regarding energy management issues.

In short it can be concluded that the energy management consultants strive their best in order to get the maximum approach to oil and gas solutions not only for the clients but also for the energy consulting firms they are associated with.

Check out this link for more informations: https://www.asme.org/career-education/articles/consulting/tips-to-succeed-as-an-engineering-consultant

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How pool remodeling companies can save on energy costs

In terms of Fort Lauderdale pool remodeling, you would find tons of companies at your disposal. In addition to being a wide variety to choose from, you would also find that each companies tend to provide an impressive portfolio from the previous one. All in all, the final decision becomes quite difficult to make at the end of the day.

So, even though you have the intention of spending a large amount of money on remodeling your swimming pool, you do not want to deal with the additional energy bills that comes along with it. Even though you seem to understand that having a pool as well as getting it remodeled is a luxury which you very well can afford, that does not in any way mean that you would be okay with the increased energy bills. In other words, you would like to keep it to a bare minimum as much as possible.

The best thing about going for energy efficient options by Fort Lauderdale pool remodeling extends more than saving up on your monthly electricity bills. It can also help make the pool experience more enjoyable since you might now be able to provide tons of more facilities. In addition, this is something which would even help in increasing the value of your property. So whenever the time comes to get it on the market, you would not need to worry about making any changes to your swimming pool.

Therefore, even though you would be making your own effort towards keeping the energy costs at bay, you would also like to know how Fort Lauderdale pool remodeling would be able to help you out with that. To answer your question, read on below.

  • One of the first things that could be done by a pool remodeling company is to get your inefficient pool heater replaced by a more efficient one. Even though you might think that it would be working just fine, the exact opposite is actually happening. This is because more energy would probably be used up to provide the same amount of heated temperature, thus contributing to increased costs.
  • Other than going for the traditional option of getting a pool heater, you would now be able to consider from some amazing alternatives. These include going for gas and solar heaters, along with a heat pump. So based on the size of the swimming pool, the optimum size would be fitted in. In this way, you would not need to worry about an excess amount of electricity or energy being used up.
  • Depending on where you live, Fort Lauderdale pool remodeling would be able to help you determine the appropriate or optimal temperature in which you should be keeping your pool. This is because every degree change in temperature would contribute somewhere between 10 to 30 per cent in energy expenses.
  • You could also think about covering your pool up when it is not in use. Not only would it help in saving energy costs, but less amount of water would also be lost as a result of evaporation.

 

 

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International due diligence firms

If you would like to be thriving and successful, particularly in the oil and gas industry, then you must think about hiring international due diligence firms. This is because when it comes to assessing new business partners as well as the risks which seem to be associated with it, it might happen that you would not be able to determine it as accurately as you would have imagined. Even though you might be thinking that you and your team have done a pretty good job, there might still be some surfaces left to explore. If you fail to do that, then you can pretty much imagine that you would be putting your entire company at stake. Also, once you have given your commitment to your partner, it would be quite difficult to back out from it. Not only would it contribute towards tarnishing the reputation of your company, but you might also have to incur significant losses. Now that might not be something which you are willing to sign yourself up for.

It is because of this reason that you should be thinking about enlisting the help of international due diligence firms. When thinking about it, one name that crops up in mind is the Kreller group global diligence firm. Surviving in this industry for so long, they must have been doing something right. In other words, it means that they must be satisfying their clients better than their rivals. It is only in this way that they have been able to create a name for themselves. Even though all of this might be sounding pretty impressive, you being the owner of a business would like to know how it would be benefiting your business. After all, you would not be convinced to take such a major decision before knowing the return on your investment.

In that case, we take the responsibility upon ourselves of explaining to you the important role that international due diligence firms play in today’s times. In the 21st century, there is absolutely no doubt that business deals are becoming increasingly complex. Even though you might be thinking that everything has been laid out for you on the table, that might not always be the case. This is because in order for the business prospect to appear more attractive and favorable, the other party might keep some things from you. Finding this out would not be possible without conducting a more thorough investigation. It is in this place that an international due diligence firm would be stepping in. Taking matters in to their own hands, they would be looking over all the aspects, including both legal and business matters. Some of the areas which they are most likely to cover are as follows:

  • Investigations regarding matrimonial matters
  • Tracing of hidden assets
  • Theft investigations
  • Missing persons
  • Financial investigations
  • Background checks regarding the company and all the employees.

Therefore, as you can see, the work which would be conducted by the international due diligence firms would be very thorough. They would leave no area untouched in order to make sure that you are indeed striking a profitable business deal.

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