EMC Q4 revenues up 11pc to US$6.7bn

30 Jan 2014

Cloud storage giant EMC reported fourth-quarter revenues of US$6.7bn, up 11pc on the previous year.

“Our fourth-quarter results are further evidence that our federation strategy across EMC Information Infrastructure, VMware and Pivotal is on target,” CEO Joe Tucci said.

“There’s no doubt that the move from the second platform to the third platform of IT, underpinned by the mega trends of mobile, cloud, big data and social, is having a profound impact on business and transforming the way we work and live.

“Customers and partners have these transformations in their sights and are embracing EMC’s vision, strategy and best-of-breed portfolio to capitalise on them.”

Exceptional performance by local operation

In Ireland, where EMC employs 3,000 people, country manager Gerry Murray said the company’s performance in the market was exceptional.

“EMC gained significant market share in Ireland this year and we are confident that this growth reflects the positive signs of recovery we’re experiencing in the Irish economy,” Murray said.

“Specifically, our strategy and leadership in the utilisation of flash, converged infrastructure and data-protection technology is resonating with our Irish customers who are taking a broader and increasingly innovative approach to their IT strategies.”

The Irish operation, which includes an EMC Centre of Excellence, now exports to 140 countries worldwide.

Bob Savage, vice-president and managing director of EMC’s Centre of Excellence in Cork, said the results show EMC’s strategy is on target and that Ireland is a “strategic part of EMC’s global operation”.

“EMC is at the heart of transformation in global IT, where mobile, cloud computing and big data are the most high-tech innovations in modern technology.

“With the strategy, products, innovation and vision in our favour, EMC is well positioned to help customers in Ireland and across the world to discover the value of cloud, big data and predictive analytics in transforming IT into a source of greater efficiency to improve business performance and capture greater market share,” Savage said.

John Kennedy is a journalist who served as editor of Silicon Republic for 17 years