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Acronis CEO Serguei Beloussov On Security, Data Protection And The Need To Tie The Two Together

‘There’s about probably a $250 billion industry segment for software and services for security and data protection. And there are zero companies in this space who have a single agent, single UI, single policy, single product and single vendor strategy. This is the core of our strategy,’ says Acronis CEO Serguei Beloussov.

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Does Acronis do most of its development organically or do you depend heavily on acquisitions for future product development?

By default, we plan to do everything in-house. Our acquisitions are opportunistic. I would think that in the next three years, 90 percent [of our development] is in-house, 10 percent is acquisitions. With our strategy, acquisitions also mean in-house development because we can‘t use the products we acquire right away. We have to make them part of our product and our platform, and that requires internal development.

At the end of the day, we‘re very lucky with acquisitions. We can have 75 percent organic development, but worst-case scenario 95 percent organic. But we’re going to continue doing acquisitions. We are very interested in offering better protection. Of course, we are a business. We want to make money. But the most important thing we do is to protect workloads, data, applications, and systems through our partners for our customers.

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