 Before I give you a little bit, an overview of what we are trying to do, just let me tell you that probably each of you knows much more in this area than I personally. There's a very simple reason for that, is that I'm in this business only since very, very few months. I'm still in the learning process, so you'll probably see it or feel it. Anyway, I'm very glad also to say that there are some colleagues of mine here and in particular I welcome the presence of Vainal Ruzoli who is over there and who would certainly be able to complement all those aspects that I would never be able to cover, at least for the time being, so since he is really an expert on the DGRTD part from the open science cloud perspective and I'm really happy also to say that as far as the European Cloud Initiative is concerned that was just presented here. We have the whole commission working very closely together to address some of the challenges that Matthew has highlighted. Before I continue, I would like just to put a little bit the frame, so you know that in the European Commission, the digital single market is one of our 10 priorities for the years to come for this commission, for the Unical Commission, and that under this digital single market, as Matthew has highlighted, we have promised a number of things and we start now realizing our promises somehow. Why, of course, because more and more we realize that the data is more and more becoming the fuel of the whole economy, so there's no doubt that data are everywhere and data are the fundament for creating knowledge and for further progressing in all areas of human activity and of course our motivation is that digital now is moving everywhere somehow. It's really undergoing vital changes to all parts of our activity, including science but including basically all industrial sectors and of course including all human activities and you can see it around. So just to give you one or two data, I'm sure that you are quite well aware of those and we'll not focus this time on science data but we'll focus on general data. So today more or less we have a situation where we have something like 5 billion connected things already out there from the Internet of Things perspective. Probably by 2020 it will going to be something like 25 billion, so five times more. Today we have something like possibly one billion of people connected through smartphones and the social media play also a huge role in connecting those people. We're expecting basically that by 2020 it's easy to say that it may triple even. Basically what we call digital universe that is all the data that we are creating replicating and using is doubling every two years and to give you an idea by 2020 probably for every inhabitant who will have something like 5,200 gigabytes of data created. So you see so how much these things are moving and how much these things are going to further influence the way we'll do things in the future. So given that context and given that framework, so we promised indeed that on the data we'll have two concrete initiatives. One which is more focusing on what we call European cloud initiative which is more about the science data and one which is more the free flow of data which is more focusing on current business. And in particular on personal data or data that will be generated by all those machines and all those things that I've just mentioned. We delivered the ECI in April, actually I must be careful what I say, we just published the very first steps that is our intentions for what we would like to put in the future and you heard that some of those intentions we start now turning them into sort of implementation strategy. As far as the free flow of data is concerned which probably will be named as the data economy. This is a communication that we are now preparing and we are very likely the publication date is going to be on the 11th of January. So just after the Christmas holiday I'm not sure it's going to be a gift for the new year or something else we will see. But definitely these are certainly the two big initiatives that we have defined and where we will be programming for the next few years with a number of implementation plans and implementation strategies. So as it has been rightly said I will turn, I mean I will be, as you may understand as things are still in preparation of the data economy or the free flow of data it's very difficult for me to talk to you about that today. Things are changing basically every day so until these things are stabilized if I tell you something today it might not be true anymore tomorrow. But I can give you some hints maybe during the discussion. As far as the European Cloud Initiative is concerned somehow the vision I would say is to be able to offer out there a sort of a trusted, federated, open environment for creating around science data an ecosystem. And this ecosystem is not only the science ecosystem but certainly it will be expanding to address also the public administrations and to address also the industry and SMEs. We'll come back to that in a moment. Now if this is somehow what the vision is you've seen that we do not start from scratch but there's a lot of things that have already been happening. So the idea is somehow to interconnect all those things, federate all those things, bring them into a dimension which is around the cloud dimension that is offer federated cloud services to scientists and later on to other I would say communities. But why are we somehow doing it? Not only for the reasons that somehow have been mentioned but there are some additional dimensions. I would say today Europe is basically the larger producer of scientific knowledge in the world. So and most of the data that we're producing, I mean you can ask yourself are we producing data for 70 or 80 billion euro? How much is the funding of Horizon 2022? I think it's around 70 billion euro. Are we producing data for 70 billion euro and are they available? Certainly not. I mean I can tell you that most of the data that we're producing actually are not even stored in European infrastructures, I mean storage facilities. Most of that possibly go to the states, many of them at least, they go to the cloud or in general they go to areas where there is high performance computing next to it. And this is one of the issues that we observe basically and that the innovation is somehow emerging from this combination of big data of high performance computing facilities and of services you would provide to make it happen. So we have quite a lot of people that somehow leave the European Union to go to the states or to other places of the world where these things are happening in a much more proactive way than so far in Europe. Actually it would even argue that there are many scientific communities, so this is one major motivation for us to say that we need to change things. We need to change how these things are happening in Europe. We've been investing quite a lot so far but basically all this fragmentation that you have seen is time not to address it. It's also time to address the fact that many of our scientific communities are not even aware of the value of data that they are producing. Many of the business are not even aware of the value of those data and how much transformative effect that they can have if we start sharing those data. And of course data that is coming from publicly funded research is certainly not always open. You've seen there is a lack of interoperability. In many of those issues, in many of those data, that is certainly preventing scientists from sharing those data, business from sharing those data and different communities to work together to do scientific discoveries based on those data. There is a lot of fragmentation. I think we mentioned already those things. And certainly as I said before, an increasing demand in Europe for having infrastructures, in particular high-performance computing infrastructures to be able to exploit those data build models, simulate and make new scientific discoveries. Actually, a few months ago, we had one or two supercomputers in the top ten. As of a few days ago, I don't think that there is any more any European high-performance computer that is in top ten worldwide. So you see how these things are changing and how these things are somehow progressing. But certainly we thought that there is a moment for action. So with our colleagues from the GRTD and with other colleagues within the Commission, we said it's time now to do something also from from that perspective. And this is more or less the motivation we had for putting in place this communication on the European cloud infrastructures. It is basically addressing the 1.7 million of researchers that we have all over Europe and something like 70 million professionals that are around S&T activities. And as I said before, the European Cloud Initiative is about providing a virtual federated environment which is offering open and seamless services for storage, for management, for analysis of those data, for the use of those data across borders and really across disciplines. I think this is more or less, I would say, the picture today. This is more or less what we want to put in place tomorrow. I would not expand on the European Open Science Cloud part. I think Matthew was extremely well providing to you what the challenge is there. I would just focus in one or two minutes on the second pillar of the European Cloud Initiative, which is what we call the European data infrastructures. This is underpinning the European Cloud somehow, the European Open Science Cloud, because this is basically about the supercomputers that we need. This is basically about the interconnectivity that we need. And this is basically about the data servers that we need to provide the kind of services for scientists that was mentioned before. PRACE, ZEON, have already been mentioned and some other initiatives. This is the starting block for us. This is really the starting point for us. The good thing is that PRACE, we just had an agreement between hosting members of PRACE and 25 countries that are participating in PRACE. PRACE is basically connecting the different supercomputing centers in Europe. And you have supercomputing centers that are called TR0, the European level, TR1, national level, TR2, and regional level. There is an agreement between the member states, 25 member states, already around PRACE. And the agreement is that there will be, there are countries that are investing on very high performance computing, the latest of high performance computing machines that enter into this federated scheme I mentioned before, and that are made available together with the other supercomputing centers in this federated infrastructure and become available for the scientists to be able to do their simulations, etc. At the same time, the vision here is that these high performance computing infrastructures and all the other two pillars I mentioned, the interconnectivity and data storage facilities would be open, not only to science, but would be open later on to public administrations and to industries. The reason is very simple. I mean, you know that, I mean, more and more a lot of innovation is around providing these HPC services. Actually, a lot of innovation is coming from a triangle from the conversions between high performance computing, between big data analytics and the cloud computing. So it is exactly that convergence that we are focusing on with those initiatives. And it's exactly building an ecosystem that is around those three pillars. And this ecosystem is aiming at, I mean, creating a thriving European perspective or with all the players that are around this ecosystem. This is the reason why, and I will close here. This is the reason why, indeed, we start with scientists. We will upgrade our infrastructures. This is why we promise that we will finance the acquisition of two pre-exhaust scale computers and two full-exhaust scale computers in the time frame of between 2020 and 2023-24. And that we will open those infrastructures, first, of course, to the scientific communities followed by the public administrations and the other business. And our plans, those that have been provided in the European cloud communication are somehow moving into that direction with a perspective that you cannot provide those services. You cannot open those up without necessarily having an environment that is trusted. Without necessarily having an environment which is secure. And without necessarily having an environment which provides the sort of access, not necessarily free access. We'll come back to that later on. But certainly access to all those who have the right to go pick the data and do whatever is to be done. So that's a bit what we are planning. And my last word is, of course, data flow communication is coming to somehow complement this picture because on the one side we have science data, but we should not forget that it's not only about size data. It's about every kind of data that we have out there. Maybe personal data I mentioned before. Maybe business data. Maybe data that are generated by different machines. And the free flow of data communication is complementing somehow this vision by providing the necessary, I would say, ingredients for making things happen, for sharing, for data ownership, for data availability, for data interpretability, et cetera, et cetera. And I'm sure that some of those aspects will come back in discussion later on. Thank you.