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Acronis Expands R&D in Blockchain and AI, Adds $20 Million Investment in Arizona

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Hannover, Germany - March, 2017 Acronis company stand on exhibition fair Cebit 2017 in Hannover Messe, Germany. Acronis is a global leader in hybrid cloud data protection and storage. Source: shutterstock.com

Celebrating 15 years in the industry, hybrid cloud solutions and cyber protection service provider Acronis is looking to expand its reach into the blockchain sector. The company recently announced that it would increase its investment in Arizona by $20 million. The funds will be utilized over the following three years and used to increase operations and improve the availability of research and development (R&D) engineering positions at its Scottsdale office.

Acronis’ Global R&D Expansion Continues

Acronis is currently busy with expanding its global network of R&D facilities. It already has centers in Switzerland, Bulgaria, and Singapore. The addition of the Scottsdale facility will create a worldwide network of engineering centers that work toward the development of artificial intelligence, cyber protection, and blockchain-based technologies round the clock.

However, just setting up different centers is not Acronis’ aim. It is adopting the “follow-the-sun” approach in engineering workflow, where one team hands over its research to another team that has a different time zone and about to start its working day.

Arizona Investments by Acronis

The first office of Acronis opened in Scottsdale in October 2017 with an initial investment of $10 million. Now it will add over 100 people in different business activities, including marketing, business development, R&D, sales, and support. President of Acronis and Acronis Foundation John Zanni will relocate to Scottsdale to look after the business. He will be joined by Ivan Lukovnikov, VP of Cloud and Big Data at Acronis.

Zanni spoke extensively about the move to Arizona. He said:

“Scottsdale and the surrounding area have the potential to become the next Silicon Valley. Mindful of that potential, we want to be here because we have the support and availability of local talent to accelerate our global growth plans.”

He also said that Acronis’ first year in Scottsdale has been great, and the company is committed to creating more high-skilled and high-paying jobs.

Governor Doug Ducey of the state of Arizona also doubled down on the positive sentiment, saying that the announcement demonstrates that Arizona is a great place for the business environment and for finding good talent.

Acronis Expands R&D in Blockchain and AI, Adds $20 Million Investment in Arizona was originally found on [blokt] – Blockchain, Bitcoin & Cryptocurrency News.