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June 06, 2012

Acumatica Cloud ERP Selected to Join Elite Russian Hub for Research and Development

Acumatica Cloud ERP Selected to Join Elite Russian Hub for Research and Development

Invitation to Skolkovo places Acumatica in company with technology leaders like Microsoft, IBM, Intel, GE, SAP, Honeywell, and Nokia.

McLean, VA, June 6, 2012 Acumatica, a provider of Cloud ERP and financial software, today announced that it has been selected to join the Skolkovo Innovation Centre, an exclusive R&D IT hub that is Russia’s catalyst for next-generation enterprise technologies.

Acumatica joins global technology leaders such as Microsoft, IBM, Intel, GE, SAP, Honeywell, and Nokia. Through their alliance with Skolkovo Innovation Centre, these leading companies are building the foundation for new research projects to grow, mature, and become market-leading technologies.

Acumatica to Help Train Next Generation of Scientists, Technology Specialists

The strategic goal of the Skolkovo Innovation Centre’s IT Cluster is to concentrate international intellectual capital within a vibrant and synergistic hub that will nurture and stimulate the development and commercialization of break-through technologies.

Acumatica is part of the Skolkovo Innovation Centre’s IT Cluster that concentrates on resources and competencies in IT, facilitates the development of innovation, and encourages the formation of innovative IT infrastructure in key sectors across the Russian economy.

As with other investors in Skolkovo, Acumatica will play an important role in training a new generation of young scientists and technology specialists, potentially in tandem with technology programs at local universities. It is expected that this investment will spin off intellectual capital that will allow Acumatica to continue maintaining its leadership position in the Cloud ERP space.

Acumatica an International Company with Russian Roots

“Acumatica has grown to become an international company with global reach and offices around the world,” said Mikhail Chtchelkonogov, CTO at Acumatica. “While we have grown rapidly and now have global operations, we have not forgotten our pedigree. By investing in the Skolkovo Innovation Centre’s IT Cluster, we are not just looking to the future, we are also honoring our past.”

With market-leading features such as multi-currency support, worldwide language support, and global reporting tools, Acumatica has developed a customer base of companies headquartered around the world.

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