Acronis and Scuderia Toro Rosso Celebrate the success of Acronis’ Second HQ Anniversary in Singapore by accelerating investment in local resources to continue growth

Acronis®, a global leader in hybrid cloud data protection and Scuderia Toro Rosso are proud to celebrate the second anniversary of Acronis' Headquarters in Singapore, marking the two most successful years in the company's history.

In July this year Acronis became the first Singaporean IT company to sponsor a Formula 1 team. With its focus on innovation and the development of fast and nice products, Acronis is proud to be associated with Scuderia Toro Rosso, who shares similar values.

Two years ago the members of the Scuderia Toro Rosso attended the opening ceremony as guests. Today Scuderia Toro Rosso shares the celebrations as a long-term partner and consumer of Acronis technology.

Since reopening the International Headquarters in Singapore two years ago, where the company was founded in 2003, Acronis has invested heavily in building local capability through creating jobs, importing world-class talent to the Singapore-based R&D center, and forming lasting partnerships with local universities and the nation's development agencies.

In February this year Acronis announced the start of a joint collaboration with A*STAR's Data Storage Institute, aimed at pushing the limits of data protection technology and cloud-based storage. Four months later, Acronis announced the release of the world's most complete set of data protection products, including Acronis Backup 12, Acronis Backup Cloud, Acronis Monitor, Acronis Storage, Acronis Notary, based on the new hybrid cloud architecture and utilizing the breakthrough technology developed in the company's R&D center in Singapore. Acronis will continue investing in R&D, expecting to increase expert numbers to over 110 in the next three years.

The expansion of the Headquarters in Singapore has brought Acronis closer to its partners and customers, helping them to grow business and take advantage of the rapidly-expanding data protection market through expert advice, and powerful tools. Acronis has enabled partners to meet the requirements of their end user customers' always-on digital businesses by also proving local Singapore-based data center storage capacity in full compliance with the national Cloud Data Privacy Laws.

This client-oriented approach coupled with the world's fastest, most complete and technologically advanced data protection products, became the catalyst for Acronis' hyper growth in this vibrant Asian market. Acronis Cloud Business YoY growth has exceeded 170% and the partner numbers are expected to reach 3,000 by the end of this year.

"The digital world is all around us. Just like the world's-first Smart Nation program in Singapore, Scuderia Toro Rosso fully depends on data. Our success on the track depends on data availability, making data protection a critical element in our business. We are proud to celebrate the two years since the re-opening of Acronis International Headquarters in Singapore, because much of Acronis' cutting-edge technology is developed right here in their R&D center in Singapore," said Scuderia Toro Rosso Team Principal Franz Tost.

"Acronis is proud to share this special occasion in our company's history together with Scuderia Toro Rosso. Racing teams are very efficient in using the collected data for rapid innovation and developing new technology. Acronis will race alongside Scuderia Toro Rosso on and off the track, perfecting our own technology and delivering the best products for the benefit of our partners and customers in the region and around the world in the same efficient way," said Serg Bell, Acronis' Founder and CEO.

First Singaporean IT company to sponsor a Formula 1 team. Global R&D Center already produced results, rapidly advancing Acronis' technology through blockchain, natural language processing, and advanced machine learning. Release of the world's most complete set of data protection products, including Acronis Backup 12, Acronis Backup Cloud, Acronis Monitor, Acronis Storage, Acronis Notary, all based on the new hybrid cloud architecture to support data protection and recovery in virtually any IT environment. Industry recognition through multiple awards. Triple-digit percentage YoY cloud business growth Impressive growth in new partner numbers.