Acronis Blockchain and AI Services Provider Gets $20 Million to Boost Research and Development

Services Provider Acronis Expands Research And Development In Blockchain Technology

In order to celebrate being 15 years in the market, the cyber protection services provider company Acronis has an expansion plan for the blockchain industry. According to an official press release uploaded on September 27, the company announced that it will increase its investment in Arizona to $20 million dollars for the next three years.

Acronis is working in order to continue with its expansion plan all over the world. That includes Acronis’ R&D centres in Singapore, Bulgaria and Switzerland. This would allow the company to create a globally-distributed network of engineering facilities that sustain development related to cyber protection, blockchain technologies and AI.

The main intention behind this investment plan is to take advantage of the ‘follow-the-sun’ engineering workflow. Each of the offices will be following the work performed by the other at the start of their working day.

The company plans to increase the investment to $20 million dollars and grow a team with different positions including support, business development, research and development and marketing.

Acronis has also decided to thank Governor Ducey, Arizona’s Commerce Authority and Mayor Lane and City of Scottsdale because of the help provided. At the same time, John Zanni, President of Acronis and President of Acronis Foundation, explained that their first year at Scottsdale since they opened their office has been very positive for the company.

Governor Ducey, Has Also Given His Opinion On The Matter:

“Arizona continues to prove that it’s the place to be for companies advancing the technologies that will shape our future. This announcement by cyber protection industry leader Acronis clearly demonstrates that Arizona provides the talent, business environment and culture of innovation that modern businesses require. I’d like to thank Acronis for bringing new opportunities to Arizona.”

The company aims at introducing a new hybrid cloud architecture that would allow for a greater privacy, flexibility and data privacy. Acronis was the first company to add artificial intelligence-based ransomware protection to its products. Furthermore, it has also decided to add blockchain-based data authentication to its products.

The Acronis Foundation was created by the company after the 15-year anniversary of the company.

There are several countries and regions around the world that are allowing blockchain technology to grow and spread. Just yesterday, Joseph Muscat, Malta’s Prime Minister, talked at the United Nations saying that blockchain technology and virtual currencies are the future.

Malta is one of the most important countries related to cryptocurrencies and blockchain technology since it has created a very flexible landscape for companies to settle their operations there.

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