IT on IT: Changing Perceptions of the IT Function and Why They Matter

February 21, 2019 | 138 views

There can be no doubt that IT is on the leading edge of digital transformation, driving organizational change that is fully bringing enterprises into the digital era. And there’s no shortage of think pieces and editorials on how this has shifted the role of IT. But in the discussion, what’s often missing is the perspective of the IT professionals on the front lines, the ones doing the work day in and day out, often spending significant time even after hours to keep the business on track.

Spotlight

Inflectica Technologies Pvt. Ltd.

"Since its inception in 2011, Inflectica technologies has diligently placed itself as a leading provider of mobile and web applications with specialization in native application development in iOS and Android Operating systems. Incorporated alongside New Delhi, Inflectica possess state of art development center at Noida, and offers a rare mixture of expertise and extraordinary perception of technology, which has drawn clientele from across the world. The team has evolved as major developer of mobile apps across various genres, including Education, Entertainment, Lifestyle, Music, News as well as productivity based solutions."

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FUTURE TECH

8 Epic App Innovations that Help Your Business Stand Out

Article | July 26, 2022

Contents 1. The Market for Mobile Application Development 2. Innovations in Mobile Application Development 2.1 In-App Paid Features: Android and iOS Development 2.2 Augmented and Virtual Reality 2.3 Beacon Technology 2.4 Al and Ml 2.5 Wearables 2.6 Predictive Analytics 2.7 Blockchain Technology 2.8 On-Demand Applications 3. Long-Term Benefits of Mobile App Development Innovations for Your Small Business: 4. Tying Everything Together Increased use of the internet and smartphones demands better mobile applications be developed. Innovation is the key driving force that can make or break the market regarding mobile app development. A fantastic team of mobile app developers and smart innovation employing the latest technology produce a huge hit app. Let us learn more about how the mobile app development market grows. 1. The Market for Mobile Application Development The mobile application development market is projected to grow at a 13.4% CAGR from 2023 to 2030, with a value of $187.58 billion recorded in 2021. This is due to the increased use of the internet and smartphone platforms, as well as artificial intelligence and machine learning. The app's algorithms learn and understand user interests to deliver refined results that generate better user engagement. As Ericsson and the Radicati Group forecasted, 6.64 billion people own a smartphone today, which is around 83.32% of the world population, and by 2025, 7.33 billion people will own a smartphone. As a result, there is a substantial rise in demand for better smartphone apps, for which creative and innovative mobile application development is the need of the hour. Innovation will give your business a competitive edge it's never had before. It will also open up new ways to grow your business. Discover the top innovations in mobile app development. 2. Innovations in Mobile Application Development Some of the technological breakthroughs in mobile app development will greatly improve the user experience in the future. These focus mainly on the implementation of the latest technological innovations to realize functionality that has never been seen or done before. Let us now delve into their specifics. 2.1 In-App Paid Features: Android and iOS Development While Android has a market share of 70%, iOS has grabbed a market share of around 28% in the mobile operating systems market as of 2022. In-app advertising and in-app purchases generate the major ROI from mobile applications on both mobile operating platforms. A great UI and UX go a long way toward boosting your app and business, and they also help you rank highly in the respective app markets, i.e., the Google Play Store and the App Store. Rolling out constant updates and adhering to the security standards of the marketplace keeps your business app ranking at the top. 2.2 Augmented and Virtual Reality With the AR kit, you can design and make 3D mobile apps for your customers that use virtual reality. AR and VR are constantly changing the business of making mobile apps. You can use these trends to give mobile users really great experiences. A few of the sectors making successful use of these technologies include gaming, e-commerce, retail, interior design, real estate, tourism and travel, education, training, healthcare, manufacturing and construction, advertising and marketing, and entertainment. Your AR and VR mobile apps are more valuable if you can meet your expectations for maximum ROI with a minimum budget. You can do this by making constant improvements to your minimum viable product. 2.3 Beacon Technology The beacon technology uses a smartphone's Bluetooth to identify any store, museum, or other business in the vicinity. As mobile devices get more powerful, IoT and edge sensors will be used more and more. Because of that, beacon technology will change the way we interact with the world. This technology sends notifications to your customer’s phone about your product when the customer passes by, sends content and descriptions about an ongoing event at your location to your customers, and more. Proximity marketing and indoor navigation notifications are the few ways retail is using this technology. With the help of beacon technology, your business can track assets, keep track of contacts, offer access to loyalty programs, gather advanced data, and send mobile tickets. 2.4 Al and ML The versatility and power of innovations in Al and ML keep them relevant. For example, they let you turn pictures into animations that look real. These animations provide real-time analytics and other valuable insights. As an AI learns from its own experience, providing a better customer experience based on the data you feed it helps create intelligent chatbots. Personalized shopping assistance, fraud prevention, task automation, smart content, voice assistants, and autonomous vehicles are a few of the examples where you will see AI implemented. An AI trains itself through machine learning, or ML. ML forecasts future data trends using available historical data. This invaluable addition to your existing apps transforms the way they interact with customers. We are one step closer to a super-personalized experience. 2.5 Wearables Wearables let you make calls, find your way to your destination, measure and analyze your vital signs in real time, and look at your own personal insights. So, app developers and businesspeople should focus on making apps that give people who use wearables a great digital experience. Getting better apps for wearable devices can greatly enhance their functionality and the user experience. From listening to your favorite music to tracking your fitness goals, taking notes, finding a parking spot, and adhering to your health and fitness regimen, a wearable device does it all. If developing your company’s wearable app delivers more value, this technology is not just a game changer but a lifesaver for many. 2.6 Predictive Analytics Predictive analytics is essential to e-commerce. When it comes to making mobile apps, predictive analysis can help improve both the process and the user experience. By putting together information from many developers, it can help predict problems and suggest solutions. Your predictive analytics will be better if you use artificial intelligence (AI), data mining, machine learning, modeling, and statistics. The data that your small and medium-scale businesses have gathered over a period of time becomes one of the most valuable sources of information that helps predict and forecast future market trends. Unexplained market rises and falls will now have an explanation, as will mobile apps that can precisely tell what, when, and where needs to be changed, replaced, or repaired. Using constants and variables that are already known, predictive analytics and data modeling can help make accurate predictions about the future. 2.7 Blockchain Technology The world of blockchain has innumerable possibilities. Applications backed by blockchain technology benefit from end-to-end encryption. This means no one but you can retain data ownership rights. Blockchain technology is used for a lot of important communication and financial transactions because it is safe and private. Blockchain holds promise for better efficiency, productivity, and performance, as well as for elevating the user experience. Blockchain is more secure and reliable, offers better transparency in financial transactions, makes you go password-free using an SSL certificate (Secure Sockets Layer), promotes simplicity, protects your identity, safeguards access to your digital data and information, and helps transmit and receive accurate data with the help of balanced data transfer using several nodes at once. 2.8 On-Demand Applications As lockdowns and quarantines went on for a long time, many delivery apps started to appear. There were apps for taxis, grocery stores, and even medicine delivery. The on-demand model is likely to grow as more service-based companies shift their focus towards on-demand apps. Technology is always changing, and every year, new versions of technology hit the market. That's why we need to keep up with the latest updates and use them to make applications that are both new and full of features. That's a must for a successful launch of a mobile app. Making the software development process easy for the developers reduces the time it takes to develop applications using the software. There are options like rapid application development software, no code, and low-code application development software. These can include mobile app development, SaaS (software as a service), cloud apps, on-premise standalone apps, desktop apps, and web-based apps for many devices, including IoT devices. Using AI to power the application development process speeds up development, testing, and deployment, which helps a lot with scaling from small to medium to large and beyond. 3. Long-Term Benefits of Mobile App Innovations for Your Small Business: Creating a winning product doesn’t have to be a long process. Improvements on the product offered by competitors and finding competitor product shortcomings, along with using innovative technologies, help add value to your mobile app as a product. Mobile app development innovations help in many ways, such as: Improve your brand's relationship with your customers Offer 24/7 access to your business Get excellent customer insights Efficiently market your product online Save on additional marketing costs Boost employee efficiency by increasing engagement Improve communication shreds down the busy work and Streamline the data Generate a new revenue stream from ads targeted at in-app purchases. As a result, you meet customer expectations efficiently, allowing you to expand your business and attract potential customers. Your customers and potential customers are always looking for something new and exciting to experience and adopt. Sooner or later, they make habits of seeing something, and then they start thinking of that mobile app as a standard benchmark to look up to. Talking about the scalability of a mobile application, there is a lot of scope to improve using innovative technologies, and all minor to major updates take you from where you are to where you want to be. Finding the right mix of technologies will help your business grow and expand. 4. Tying Everything Together Business growth for small-scale businesses starts with new inputs and strategic technological investments in mobile app development. Although they sound promising, striking the right balance to implement innovative technologies relies heavily on rigorous predictive analysis. Tools and technologies help meet customer expectations at scale and grow the business beyond imagination with the power of innovation.

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SOFTWARE

Empowering Industry 4.0 with Artificial Intelligence

Article | July 14, 2022

The next step in industrial technology is about robotics, computers and equipment becoming connected to the Internet of Things (IoT) and enhanced by machine learning algorithms. Industry 4.0 has the potential to be a powerful driver of economic growth, predicted to add between $500 billion- $1.5 trillion in value to the global economy between 2018 and 2022, according to a report by Capgemini.

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SOFTWARE

How Artificial Intelligence Is Transforming Businesses

Article | August 2, 2022

Whilst there are many people that associate AI with sci-fi novels and films, its reputation as an antagonist to fictional dystopic worlds is now becoming a thing of the past, as the technology becomes more and more integrated into our everyday lives. AI technologies have become increasingly more present in our daily lives, not just with Alexa’s in the home, but also throughout businesses everywhere, disrupting a variety of different industries with often tremendous results. The technology has helped to streamline even the most mundane of tasks whilst having a breath-taking impact on a company’s efficiency and productivity

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The advances of AI in healthcare

Article | February 11, 2020

With the Government investing £250 million into the project, the Lab will consider how to use AI for the benefit of patients – whether this be the deployment of existing AI methods, the development of new technologies or the testing of their safety. Amongst other things, the initiative will aim to deliver earlier diagnoses of cancer. It is estimated that in excess of 50,000 extra patients could see their cancer being detected at an early stage, thus boosting survival rates. More specifically, a study has shown that AI is quicker in identifying brain tumour tissue than a pathologist.This would have a positive knock-on effect in other areas, such as enabling money to be saved (that otherwise would have been spent on further treatment) and reducing the workload of staff (at a time when there is a crisis in NHS workforce numbers).

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Spotlight

Inflectica Technologies Pvt. Ltd.

"Since its inception in 2011, Inflectica technologies has diligently placed itself as a leading provider of mobile and web applications with specialization in native application development in iOS and Android Operating systems. Incorporated alongside New Delhi, Inflectica possess state of art development center at Noida, and offers a rare mixture of expertise and extraordinary perception of technology, which has drawn clientele from across the world. The team has evolved as major developer of mobile apps across various genres, including Education, Entertainment, Lifestyle, Music, News as well as productivity based solutions."

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AI TECH, SOFTWARE, FUTURE TECH

CoreLogic’s Multi-year Alliance with Google Cloud Enables New Product Launch

CoreLogic | August 22, 2022

CoreLogic©, a leading global property data and analytics-driven solutions provider, has announced an extended relationship with Google Cloud to support the launch of its new CoreLogic Discovery Platform™. Fully built on Google Cloud’s secure and sustainable infrastructure, Discovery Platform provides a comprehensive property analytics environment and cloud-based data exchange for businesses across multiple sectors. Discovery Platform allows businesses — including CoreLogic’s core markets of property and real estate technology, mortgage lenders, marketers and insurance firms — to discover, integrate, analyze and model property insights to make critical business decisions faster. The multi-year relationship between CoreLogic and Google Cloud enables the development of a scalable platform built with several Google Cloud services including Dataproc, BigQuery, Anthos and Cloud Run to manage the data science workloads for predictive and prescriptive analytics. BigQuery is the petabyte-scale backend for the platform, enabling comprehensive property data views built from a wide array of CoreLogic and third-party data sets. Dataproc powers Discovery Platform facilitating advanced analytics and data science at scale. Typically, companies with data engineers and scientists spend weeks and even months on data wrangling before reaching the insights needed to drive business growth or mitigate risks. Through the collaboration with Google Cloud, CoreLogic’s Discovery Platform provides a fully secure and compliant environment with relevant data, tools, security, and governance. Using CoreLogic data models and insights allows companies to deploy secure and compliant data analytics workflows within minutes, thereby speeding up the delivery of mission-critical insights. “CoreLogic and Google Cloud solved a significant challenge in the lag-time required to spin up data analytics workbenches that could be preloaded with nationwide data assets, models, libraries and software and self-service training,” said John Rogers, chief innovation officer of CoreLogic. “Together, we were able to look at every part of the process—from onboarding to ingestion of data, modeling and exposure of that insight to the businesses’ operational platform—and cut the lag-time down by more than 50% to give clients access to the insights they need to move the needle on their business faster and easier than ever before.” “I’m excited to see our alliance with Google Cloud flourishing. “We’re providing a state-of-the-art analytical platform for our client’s mission-critical processes. Discovery Platform is born from a growing alliance of two major industry innovators. I see the future horizons our research and development product teams are working on, and I am excited to see what's next.” Patrick Dodd, president and CEO of CoreLogic “We value working with companies like CoreLogic to develop innovative technology solutions and services that enhance customer experience and deliver insights faster,” said Zac Maufe, global head of Financial Services Solutions at Google Cloud.“Our collaboration will support CoreLogic’s clients’ needs and enable the delivery of more comprehensive and efficient solutions for businesses in the real estate finance market.” About CoreLogic CoreLogic is a leading global property information, analytics, and data-enabled solutions provider. The company’s combined data from public, contributory, and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance, and mitigate risk. Headquartered in Irvine, CA, CoreLogic operates in North America, Western Europe, and Asia Pacific.

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GENERAL AI

SK hynix Develops PIM, Next-Generation AI Accelerator

SK hynix | February 17, 2022

SK hynix or "the Company" announced on February 16 that it has developed PIM*, a next-generation memory chip with computing capabilities. It has been generally accepted that memory chips store data and CPU or GPU, like human brain, process data. SK hynix, following its challenge to such notion and efforts to pursue innovation in the next-generation smart memory, has found a breakthrough solution with the development of the latest technology. SK hynix plans to showcase its PIM development at the world's most prestigious semiconductor conference, 2022 ISSCC*, in San Francisco at the end of this month. The company expects continued efforts for innovation of this technology to bring the memory-centric computing, in which semiconductor memory plays a central role, a step closer to the reality in devices such as smartphones. For the first product that adopts the PIM technology, SK hynix has developed a sample of GDDR6-AiM (Accelerator* in memory). The GDDR6-AiM adds computational functions to GDDR6* memory chips, which process data at 16Gbps. A combination of GDDR6-AiM with CPU or GPU instead of a typical DRAM makes certain computation speed 16 times faster. GDDR6-AiM is widely expected to be adopted for machine learning, high-performance computing, and big data computation and storage. GDDR6-AiM runs on 1.25V, lower than the existing product's operating voltage of 1.35V. In addition, the PIM reduces data movement to the CPU and GPU, reducing power consumption by 80%. This, accordingly, helps SK hynix meet its commitment to ESG management by reducing carbon emissions of the devices that adopt this product. SK hynix also plans to introduce a technology that combines GDDR6-AiM with AI chips in collaboration with SAPEON Inc., an AI chip company that recently spun off from SK Telecom. The use of artificial neural network data has increased rapidly recently, requiring computing technology optimized for computational characteristics. We aim to maximize efficiency in data calculation, costs, and energy use by combining technologies from the two companies." Ryu Soo-jung, CEO of SAPEON Inc. Ahn Hyun, Head of Solution Development who spearheaded the development of the latest technology and product, said that "SK hynix will build a new memory solution ecosystem using GDDR6-AiM, which has its own computing function." He added that "the company will continue to evolve its business model and the direction for technology development." About SK hynix Inc. SK hynix Inc., headquartered in Korea, is the world's top tier semiconductor supplier offering Dynamic Random Access Memory chips ("DRAM"), flash memory chips ("NAND flash") and CMOS Image Sensors ("CIS") for a wide range of distinguished customers globally. The Company's shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange

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Tableau Expands Data Capabilities With AI-Driven Insights

Demand Gen Report | September 26, 2019

Tableau Software has released new data capabilities with the addition of Explain Data, which aims to enhance statistical analysis and help users gain AI-driven insights from their data. The company said that the new capability uses statistical methods to determine potential explanations for what could be influencing a data point, while providing further understanding of that explanation with interactive visualizations. With Explain Data, we're bringing the power of AI-driven analysis to everyone and making sophisticated statistical analysis more accessible so that, regardless of expertise, anyone can quickly and confidently uncover the 'Why?' behind their data," said Francois Ajenstat, Chief Product Officer at Tableau. "Explain Data will empower people to focus on the insights that matter and accelerate the time to action and business impact."

Read More

AI TECH, SOFTWARE, FUTURE TECH

CoreLogic’s Multi-year Alliance with Google Cloud Enables New Product Launch

CoreLogic | August 22, 2022

CoreLogic©, a leading global property data and analytics-driven solutions provider, has announced an extended relationship with Google Cloud to support the launch of its new CoreLogic Discovery Platform™. Fully built on Google Cloud’s secure and sustainable infrastructure, Discovery Platform provides a comprehensive property analytics environment and cloud-based data exchange for businesses across multiple sectors. Discovery Platform allows businesses — including CoreLogic’s core markets of property and real estate technology, mortgage lenders, marketers and insurance firms — to discover, integrate, analyze and model property insights to make critical business decisions faster. The multi-year relationship between CoreLogic and Google Cloud enables the development of a scalable platform built with several Google Cloud services including Dataproc, BigQuery, Anthos and Cloud Run to manage the data science workloads for predictive and prescriptive analytics. BigQuery is the petabyte-scale backend for the platform, enabling comprehensive property data views built from a wide array of CoreLogic and third-party data sets. Dataproc powers Discovery Platform facilitating advanced analytics and data science at scale. Typically, companies with data engineers and scientists spend weeks and even months on data wrangling before reaching the insights needed to drive business growth or mitigate risks. Through the collaboration with Google Cloud, CoreLogic’s Discovery Platform provides a fully secure and compliant environment with relevant data, tools, security, and governance. Using CoreLogic data models and insights allows companies to deploy secure and compliant data analytics workflows within minutes, thereby speeding up the delivery of mission-critical insights. “CoreLogic and Google Cloud solved a significant challenge in the lag-time required to spin up data analytics workbenches that could be preloaded with nationwide data assets, models, libraries and software and self-service training,” said John Rogers, chief innovation officer of CoreLogic. “Together, we were able to look at every part of the process—from onboarding to ingestion of data, modeling and exposure of that insight to the businesses’ operational platform—and cut the lag-time down by more than 50% to give clients access to the insights they need to move the needle on their business faster and easier than ever before.” “I’m excited to see our alliance with Google Cloud flourishing. “We’re providing a state-of-the-art analytical platform for our client’s mission-critical processes. Discovery Platform is born from a growing alliance of two major industry innovators. I see the future horizons our research and development product teams are working on, and I am excited to see what's next.” Patrick Dodd, president and CEO of CoreLogic “We value working with companies like CoreLogic to develop innovative technology solutions and services that enhance customer experience and deliver insights faster,” said Zac Maufe, global head of Financial Services Solutions at Google Cloud.“Our collaboration will support CoreLogic’s clients’ needs and enable the delivery of more comprehensive and efficient solutions for businesses in the real estate finance market.” About CoreLogic CoreLogic is a leading global property information, analytics, and data-enabled solutions provider. The company’s combined data from public, contributory, and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance, and mitigate risk. Headquartered in Irvine, CA, CoreLogic operates in North America, Western Europe, and Asia Pacific.

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GENERAL AI

SK hynix Develops PIM, Next-Generation AI Accelerator

SK hynix | February 17, 2022

SK hynix or "the Company" announced on February 16 that it has developed PIM*, a next-generation memory chip with computing capabilities. It has been generally accepted that memory chips store data and CPU or GPU, like human brain, process data. SK hynix, following its challenge to such notion and efforts to pursue innovation in the next-generation smart memory, has found a breakthrough solution with the development of the latest technology. SK hynix plans to showcase its PIM development at the world's most prestigious semiconductor conference, 2022 ISSCC*, in San Francisco at the end of this month. The company expects continued efforts for innovation of this technology to bring the memory-centric computing, in which semiconductor memory plays a central role, a step closer to the reality in devices such as smartphones. For the first product that adopts the PIM technology, SK hynix has developed a sample of GDDR6-AiM (Accelerator* in memory). The GDDR6-AiM adds computational functions to GDDR6* memory chips, which process data at 16Gbps. A combination of GDDR6-AiM with CPU or GPU instead of a typical DRAM makes certain computation speed 16 times faster. GDDR6-AiM is widely expected to be adopted for machine learning, high-performance computing, and big data computation and storage. GDDR6-AiM runs on 1.25V, lower than the existing product's operating voltage of 1.35V. In addition, the PIM reduces data movement to the CPU and GPU, reducing power consumption by 80%. This, accordingly, helps SK hynix meet its commitment to ESG management by reducing carbon emissions of the devices that adopt this product. SK hynix also plans to introduce a technology that combines GDDR6-AiM with AI chips in collaboration with SAPEON Inc., an AI chip company that recently spun off from SK Telecom. The use of artificial neural network data has increased rapidly recently, requiring computing technology optimized for computational characteristics. We aim to maximize efficiency in data calculation, costs, and energy use by combining technologies from the two companies." Ryu Soo-jung, CEO of SAPEON Inc. Ahn Hyun, Head of Solution Development who spearheaded the development of the latest technology and product, said that "SK hynix will build a new memory solution ecosystem using GDDR6-AiM, which has its own computing function." He added that "the company will continue to evolve its business model and the direction for technology development." About SK hynix Inc. SK hynix Inc., headquartered in Korea, is the world's top tier semiconductor supplier offering Dynamic Random Access Memory chips ("DRAM"), flash memory chips ("NAND flash") and CMOS Image Sensors ("CIS") for a wide range of distinguished customers globally. The Company's shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange

Read More

Tableau Expands Data Capabilities With AI-Driven Insights

Demand Gen Report | September 26, 2019

Tableau Software has released new data capabilities with the addition of Explain Data, which aims to enhance statistical analysis and help users gain AI-driven insights from their data. The company said that the new capability uses statistical methods to determine potential explanations for what could be influencing a data point, while providing further understanding of that explanation with interactive visualizations. With Explain Data, we're bringing the power of AI-driven analysis to everyone and making sophisticated statistical analysis more accessible so that, regardless of expertise, anyone can quickly and confidently uncover the 'Why?' behind their data," said Francois Ajenstat, Chief Product Officer at Tableau. "Explain Data will empower people to focus on the insights that matter and accelerate the time to action and business impact."

Read More

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