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USA-based enterprise-class cloud management software and infrastructure-as-a-service (IaaS) provider VIRTUSTREAM, in cooperation with Invest Lithuania, is planning to open a new service development affiliate in Kaunas and is anticipated to employ 75 IT specialists. Download this article in PDF file (201.4 kb).

This research and technology development center will employ Lithuanian IT specialists to develop future releases of xStreamTM, VIRTUSTREAM’s secure, high availability, enterprise-class hybrid cloud solution. The features developed in Lithuania will be used by VIRTUSTREAM’s enterprise clients throughout the world.

VIRTUSTREAM is a leading cloud innovator offering enterprise class cloud software and IaaS for enterprises, governments and service providers. Virtustream simplifies moving complex IT to the cloud, whether private, public or hybrid. Virtustream offers xStream: a secure, high availability, enterprise class hybrid cloud solution, delivering application level SLAs for mission critical applications (SAP, Oracle, Microsoft and thousands more).

“We chose Lithuania for its highly qualified labor pool. We had been working with a Lithuanian development firm and have now decided to establish our own office,” said Kevin Reid, CEO and CTO of VIRTUSTREAM. “We were drawn to Kaunas because of its strong reputation in the high tech and computer science fields, and by the opportunity to work directly with the Kaunas University of Technology (KTU).”

VIRTUSTREAM’s Lithuanian team will include highly qualified IT specialists: programmers, software testers and system administrators, who will receive training on the specific practices of the company and the latest market trends.

Aside from the direct investments into the venture, VIRTUSTREAM is partnering with KTU through an endowment of over 300,000 Litas (more than $100,000) for joint research facilities.

Furthermore, VIRTUSTREAM, together with KTU, is planning to develop a new cloud computing syllabus. The company’s employees will give lectures at the university and KTU students will be given internships with the company, providing them with excellent prospects for future employment.

Currently  VIRTUSTREAM owns data centers in the U.S. and EMEA; operates an international Cloud Exchange; has offices in San Francisco, New York, London, Washington D.C., Atlanta, Toronto and Dublin and has partners in Asia and China.

Since the start of 2013 Invest Lithuania, Lithuania’s key investment promotion agency, has attracted 13 foreign direct investment (FDI) projects to the country – 30% more than during the same period last year and almost two times more than in 2011. These FDI projects are expected to employ more than 775 specialists – almost two times more than during the same period in 2012.

See full original text at: http://www.investlithuania.com/en/services/press/news/categoryView/news/usa-company-will-develop-new-cloud-computing-service-centre-in-kaunas