Austria’s Dynatrace plans to set up IT development centre in Tallinn

By bne IntelliNews October 21, 2021

Dynatrace, an Austrian software company listed on the New York Stock Exchange, announced it is setting up an IT research and development centre in Tallinn.

The company is said still to be on the lookout for the best location for its office.

Dynatrace said it has long-term plans in Estonia to grow the team here to more than 300 members over the next five years. The company is currently looking for the head of the R&D centre, senior developers and human resources specialists.

Dynatrace has similar IT centres in Linz, Vienna, Barcelona, Gdansk and several Austrian cities.

One of the main reasons why Dynatrace is opening its IT centre in Tallinn is that it recently acquired SpectX, a company of Estonian origin whose technology allows the processing of an unlimited amount of data much faster than before, as thanks to the SpectX technology unstructured data can be handled in their original location.

Renee Trisberg, the founder of SpectX, will continue working as a leading product architect for Dynatrace in Tallinn.

Founded in 2005 in Linz, Dynatrace employs a total of about 3,000 people worldwide, including about 1,000 people in research and development. In the 2021 fiscal year, the company's total revenue was $704mn.

 

 

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Poland’s Orlen signs deal to supply Ukraine with LNG

Ukraine’s Naftogaz will purchase 100mn cubic metres of LNG from Poland’s Orlen, Ukraine’s biggest state-owned energy firm announced on March 7. The LNG will be transported from cargoes ... more

Swedbank Estonia CEO says Lithuania's bank taxes spooked investors' and foreign banks’ interest

Olavi Lepp, CEO of Swedbank’s Estonian branch, stated that Lithuania’s recently imposed temporary bank solidarity levy has dampened interest among new banks and foreign investors in the ... more

Citadele Bank profit in Baltics in H1 plummets 21% y/y to €50.9mn

Citadele, a pan-Baltic bank, reported a 21% decrease in net profit for the first half of 2024, totalling €50.9 million compared to €64.5 million in the same period last year, BNS, a Baltic ... more

Follow Us On

Most Read

  1. Serbian police reportedly use sonic cannon against protesters
    5 days ago
  2. RAGOZIN: What did we die for?
    8 days ago
  3. Putin tells Russia's oligarchs that the return of Western business will not be easy or cheap
    2 days ago
  4. Economic warfare and the rise of Russia's shadow finance
    6 days ago
  5. The EU removes three Russian oligarchs from the latest sanctions list under pressure from Hungary
    7 days ago
  1. Ukraine doesn't have any rare earth metals, and the strategic minerals it does have are not worth trillions of dollars
    25 days ago
  2. US administration 'misinformed about Romanian elections', says presidential candidate Nicusor Dan
    25 days ago
  3. Putin says sanctions have strengthened, not weakened, Russian economy
    1 month ago
  4. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    11 months ago
  5. DEATH OF THE SOVIET UNION: Mountain-dwelling Old Believer reflects on the USSR that passed her by
    3 years ago

Reports

Dismiss