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With the corrupted configuration file identified as the culprit, Alex decided to rename the file and restart the Veeam Deploy Service. He renamed the file to veeamdeploysvc.cfg.old and then restarted the service.
If you continue to experience the error after trying these steps, contact Veeam Support and provide them with the logs from C:\ProgramData\Veeam\Backup\ and the Event Viewer logs. failed to start service veeamdeploysvc