EMC recently announced updates to its Enterprise Hybrid Cloud suite, as well as a new Native Hybrid Cloud on VCE VxRail 200 offering.
EMC's new Native Hybrid Cloud could make it easier to build cloud-native apps - TechRepublic
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Showing posts with label EMC. Show all posts
Showing posts with label EMC. Show all posts
Friday, September 2, 2016
Wednesday, August 31, 2016
Taking Simplicity to a New Level with Hybrid Cloud Platforms
As this summer’s world-class Olympic athletes demonstrated, being successful in a fiercely competitive environment means constantly upping your game. Success is about pushing the limits of what is expected while always remaining strategic. Similarly, we’re preparing our hybrid cloud customers to grasp and maintain their competitive advantage.
http://pulseblog.emc.com/2016/08/25/taking-simplicity-to-a-new-level-with-hybrid-cloud-platforms/?cmp=soc-cor-glbl-us-sprinklr-Hybrid%20Cloud-EMC%20Corporation%20-%20emccorp--553913933
http://pulseblog.emc.com/2016/08/25/taking-simplicity-to-a-new-level-with-hybrid-cloud-platforms/?cmp=soc-cor-glbl-us-sprinklr-Hybrid%20Cloud-EMC%20Corporation%20-%20emccorp--553913933
Tuesday, July 31, 2012
EMC to Showcase IT Transformation at SHARE Conference
EMC Press Release
EMC to Showcase IT Transformation at SHARE Conference
EMC Keynote, Conference Sessions and Booth Demos Will Showcase Next Wave of IT Transformation Via Cloud and Big Data
HOPKINTON, Mass. - July 31, 2012
EMC Corporation (NYSE: EMC) today announced that Brian Gallagher, President of EMC's Enterprise Storage Division, will deliver a keynote at the SHARE conference on Tuesday, August 7 at 8:00 a.m. PDT in Anaheim, California. The SHARE Conference will focus on two of the biggest trends in IT—Big Data and Cloud in the enterprise. Big Data is now driving day-to-day IT operations and business decisions. In addition, new models of computing—namely Hybrid Clouds—are enabling the efficient delivery of IT resources. EMC's Gallagher will focus on how these two macro trends are transforming IT in mainframe environments and how enterprises and IT professionals need to address new challenges.
Follow EMC at SHARE Conference
- Twitter: For EMC event updates follow EMC on Twitter at @EMCSymmetrix and @EMCBackup and join conversations using #EMC and #SHAREorg
- In Person: Visit the EMC booth (#302)
Key Opportunities to Listen, Learn and Gain Hands on Experience
In addition to the keynote, EMC will lead several conference sessions and technology demonstrations for customers to gain valuable insight to storage and virtualization, backup and recovery and Big Data.
- EMC Booth Activities (#302): Today, EMC offers a variety of mainframe solutions and technologies. These include EMC's powerful, trusted and smart EMC® VMAX- family, the EMC Disk Library for Mainframe (DLm), storage connectivity with the EMC Connectrix® family, the power of automated storage tiering, and a Global Services organization that specializes in mainframe environments. Attendees can meet subject matter experts and learn about the innovation, performance and scale of EMC technologies during live demonstrations and presentations.
- EMC Conference Sessions: EMC will also hold a number of technical sessions delivering detailed information about EMC's mainframe offerings. The topics range from automatically optimizing performance with FAST™ VP, to total tape replacement with DLm, to storing and protecting data in virtualized mainframe environments, to harnessing the power of Big Data with predictive analytics and Hadoop.
Customer Quote
Didier Lemaitre, Head of Technology Strategy and Evolution (Corporate Technology Division), Euroclear
"Euroclear is the world's largest provider of domestic and cross-border securities transaction settlement and related services. On average, we settle hundreds of millions transactions, which add up to approximately 600 Trillion Euro's per year. With the size of each transaction, losing data simply isn't an option. Therefore, data management is vital to the role we play as a reliable infrastructure that serves all our customers, which are the major banks and financial institutions all over the world. For more than 17 years, Euroclear has entrusted its mission-critical mainframe data to EMC's portfolio of storage, backup, virtualization and management technologies. We trust that our information will always be available with EMC solutions and services. EMC clearly understands our needs and is taking innovative measures to enable our customers to take full advantage of the efficiencies of cloud computing and Big Data. As Euroclear's IT infrastructure evolves, we will continue to turn to EMC for solutions that meet the performance, scale and availability our mainframe environment requires."
EMC Quote
Brian Gallagher, President, Enterprise Storage Division, EMC
"EMC remains at the forefront of the latest wave in IT Transformation—driven by cloud and big data. This transformation extends into mission critical mainframe environments, offering customers new business opportunities as well as heightened levels of performance, scale and high availability requirements. EMC's innovation and long-standing relationship with IBM for mainframe environments delivers a best-of-breed portfolio to support the unique needs of these customers that include storage and virtualization, backup and recovery, and Big Data—which will all be showcased and demonstrated in great detail at Share next week."
Additional Resources:
- Related news release about EMC's long standing IBM Licensing agreement.
- EMC mainframe solutions page
- Tape Replacement Solutions for mainframe
- FAST VP for mainframe solution Overview
- EMC VMAX on Facebook
- Connect with EMC via Twitter,Facebook, YouTube, and LinkedIn
About EMC
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.
Thursday, July 26, 2012
Seven EMC Leaders Recognized Among CRN’s 2012 Women of the Channel
EMC Press Release
Seven EMC Leaders Recognized Among CRN’s 2012 Women of the Channel
EMC Channel Executives Linda Connly, Kara Myers and Julie Christiansen Receive Additional Recognition in the CRN Elite POWER 100 List
HOPKINTON, Mass - July 26, 2012
News Summary:
- Seven EMC leaders have been recognized as CRN Magazine's 2012 Women of the Channel and three EMC leaders have received additional accolades by the magazine in the Elite POWER 100 list.
- EMC's Linda Connly, Julie Christiansen, Kara Myers, Maureen Perrelli and Anne Wimmer, along with Iomega's Kate Roe-Semyon and RSA's Christine Bufalini, have been honored for their work and influence in the IT Channel throughout 2011.
Full Story:
EMC Corporation (NYSE:EMC) today announced that the following seven Channel leaders across EMC, its RSA Security Division, and Iomega Corporation have been honored in CRN Magazine's 2012 Women of the Channel award program, recognized by the industry for their work as influential leaders within their own company and the IT Channel as a whole:
- Linda Connly, Senior Vice President, Global Inside Sales & US Mid-Market Geography, EMC
- Julie Christiansen, Director, Global Channel Marketing, EMC
- Kara Myers, Director of Americas Channel Marketing, EMC
- Maureen Perrelli, Director, Channel Distribution, EMC
- Anne Wimmer, Director of Global Channels, Backup Recovery Systems Division, EMC
- Christine Bufalini, Manager of Global Channel Operations & Enablement, RSA, The Security Division of EMC
- Kate Roe-Semyon, Director of Channel Sales at Iomega, an EMC company
Furthermore, Linda Connly, Julie Christiansen and Kara Myers were named among this year's Power 100 – an elite subset of CRN's annual Women of the Channel list that recognizes individuals who have reached the highest levels of success in the IT Channel industry based on their achievements as executives and influence they wield in the field.
This year's Power 100 and Women of the Channel were selected by the editors of CRN from a field of applications and nominations spanning vendor Channel organizations, distributors and solution providers. Criteria for selection was based on the role each applicant played over the past year in driving revenue for their company and the steps they have taken to evangelize the importance of the IT Channel.
All seven women made significant impacts in the EMC, RSA and Iomega Channel Partner programs by contributing to the development and introduction of new programs and practices, while enhancing existing ones to provide the most Partner-friendly experience in the industry:
- Linda Connly, Senior Vice President of Global Inside Sales & US Mid-Market Geography, EMC – In 2011, Connly oversaw the introduction oftwo industry-leading Channel-only products – the EMC VNXe® series of unified storage systems and the new EMC Data Domain® DD160 deduplication storage system – to EMC's Partner community. Since its introduction in January 2011 through the end of Q1 2012, the VNXe brought in nearly 6,000 new customers, most of which were acquired by more than 2,000 new Channel Partners. This year, Connly is focused on creating even more opportunities for EMC's Channel Partners through unique solutions and strong lead generation activities to help new and existing Partners build their pipelines.
- Julie Christiansen, Director of Global Channel Marketing, EMC – Christiansen played a key leadership role on several "firsts" for EMC's Channel program including planning and executing the company's first annual Global Partner Summit held at EMC World in May, launching the Channel-only EMC VSPEX™ Proven Infrastructure to enable Partners to more easily support their customers journey to the cloud, and introducing the Easy Street Partner brand campaign, the first fully translated global integrated Partner loyalty campaign for the Channel. These key events, solutions and programs have increased Partner's mindshare and loyalty to EMC. This year, she is focused on implementing "meet at the Channel" strategies and programs with and through the EMC Velocity™ Partners.
- Kara Myers, Director of Americas Channel Marketing, EMC – In 2011, Myers launched EMC's first Marketing Advisory Council in the Americas, bringing Partners closer to the development of campaigns and programs that support their business. She also played a key leadership role in the launch of the EMC VNX® family of unified storage systems and led her team to enable EMC's participation in more than 75 Partner launch events across the Americas. Looking ahead, Myers is focused on supporting additional self-service marketing tools to enable Partners to be more self-sufficient and make it easier to do business with EMC.
- Maureen Perrelli, Director of Channel Distribution, EMC – Perrelli played an instrumental role in 2011's roll out of the EMC VNXe series of unified storage systems and the new EMC Data Domain DD160 deduplication storage system. Both products helped provide more sales opportunities for the Channel than ever before. Perrelli is focused on facilitating a stronger global alignment with distributors worldwide.
- Anne Wimmer, Director of Global Channels, Backup Recovery Systems Division, EMC – In 2011, Wimmer helped facilitate deeper unification of various elements of EMC's Global Channel organization into "one EMC Channel" to better align strategies and ensure a positive experience for our Partners across EMC's vast product portfolio. This year, Wimmer will focus on creating greater awareness and opportunity for Partners to increase their overall revenue and profitability with EMC's market leading backup and archive portfolio.
- Kate Roe-Semyon, Director of Channel Sales at Iomega, an EMC company – Last year, Roe-Semyon helped launch Iomega's new ioclub™ Partner program, shift its sales organization from a focus on consumer to B2B products, introduced the Iomega® StorCenter™ PX Series of NAS products to the Channel, and provided Iomega's sales team with new reporting tools. In 2012, she is focused on growing Iomega's B2B business, strengthening relationships with VARs, expanding Iomega's Channel programs and increasing Iomega's NAS market share position in the United States.
- Christine Bufalini, Manager of Global Channel Operations & Enablement, RSA – In 2011, Bufalini contributed to the successful launch of RSA's newly branded Partner training program, RSA SecurWorld™ Academy. She also helped fully integrate into the Channel RSA NetWitness® solutions which were acquired by RSA in April 2011. In 2012, Bufalini will focus on several initiatives including revamping RSA's Partner portal to better reflect the progress RSA has made over the last year around enablement and marketing.
Editorial coverage of the Women of the Channel appeared in the July issue of CRN and expanded coverage of the Power 100 was featured online at www.crn.com.
UMB Quote:
Kelley Damore, Vice President & Editorial Director, UBM Channel
"Now in its 9th annual publication, CRN's special Women of the Channel issue is one of our most popular of the year. Honoring female executives based on their accomplishments over the past year and their dedication to driving the overall success of the IT Channel, the Women of the Channel list is especially important because it recognizes successful and influential women in what has long been considered a male-centric industry. The Power 100 designation is a special achievement award given to an elite subset of our Women of the Channel list. I take great pride in honoring and congratulating these women for their contributions to the industry and their respective organizations."
EMC Quote:
Gregg Ambulos, Senior Vice President of Global Channel Sales, EMC Corporation
"The incredible leadership of these women in no small part helped make 2011 a transformative year for EMC's Channel program. We are thrilled that CRN has chosen to recognize each of these EMC leaders for their accomplishments and significant contributions to the IT channel community."
Additional Resources:
- Learn more about partnering with EMC, Iomega, and RSA
- Follow @EMCChannel and join the #EMC conversation on Twitter
- Connect with EMC via Twitter, Facebook, YouTube, LinkedIn and ECN
UBM Channel (www.ubmchannel.com)
UBM Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With more than 30 years of experience and engagement, UBM Channel has the unmatched channel expertise to execute integrated solutions for technology executives, managing Partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. UBM Channel is a UBM company. To learn more about UBM Channel, visit us athttp://www.ubmchannel.com. Follow us on Twitter at http://twitter.com/ubmchannel.
UBM plc (www.ubm.com)
UBM plc is a leading global business media company. We inform markets and bring the world's buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries are organised into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently.
About EMC
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.
EMC Captiva Cloud Toolkit Transforms Web-Based Scanning; Achieves Strong Third-Party Adoption
EMC Press Release
EMC Captiva Cloud Toolkit Transforms Web-Based Scanning; Achieves Strong Third-Party Adoption
HOPKINTON, Mass - July 26, 2012
News Highlights:
- EMC Captiva Cloud Toolkit transforms web-based scanning support by eliminating browser and plug-in limitations
- Enables developers to rapidly add scanning functionality to web-based applications through industry standards
- Reduces overall cost of supporting distributed capture applications by simplifying deployment, providing wide compatibility, and reducing ongoing maintenance costs
- Fast adoption from scanner manufacturers and wide support for browsers and development platforms ensures "out of the box" support
Full Story:
EMC Corporation (NYSE: EMC) today announced strong adoption of its EMC Captiva Cloud Toolkit. The toolkit transforms web-based scanning by providing a simple way for developers to add scanning functionality to web applications, enabling scanning from all document scanners and multifunction peripherals (MFP) that support the ISIS and TWAIN standards.
Since its release at the end of 2011, hardware manufacturers and software developers are already leveraging EMC Captiva Cloud Toolkit. Major scanner and MFP manufacturers, including Avision, Brother, Canon, Epson, Fujitsu, HP, Kodak, Panasonic, Plustek and Visioneer, are shipping scanners supporting these new scan-enabled web applications.
The Captiva Cloud Toolkit provides broad support for web browsers and web development platforms, significantly reducing the barriers to acquiring physical documents into web- or cloud-based applications and business processes. Web-based business applications that utilize the toolkit work with all standard web browser platforms, including Windows Internet Explorer, Mozilla Firefox, and Google Chrome, and require no additional software to run, such as ActiveX or other browser plug-ins. With Captiva Cloud Toolkit, developers can quickly create working, scan-enabled, web-based business applications compatible with existing corporate web browsers and development environments, including HTML5, Microsoft Silverlight, JavaScript, and Adobe Flash.
Developers wishing to evaluate Captiva Cloud Toolkit may download a free trial of the software development kit at www.emc.com/cloudtoolkit.
Partner Quotes:
Sam Yoshida, Vice President, Marketing, Business Imaging Solutions, Canon U.S.A
"Combining Canon's high-quality imageFORMULA scanner technology and the EMC Captiva Cloud Toolkit provide our customers with an advanced imaging capture solution that allows users to seamlessly scan documents to web-based applications without the hassle of downloading additional software."
Yuki Uchida, Vice President, New Business Development, Ricoh Americas Corporation
"We have had a long-lasting partnership with EMC, Documentum and Captiva scanning technologies, and with this new Captiva Cloud Toolkit we take a major next step. We've been impressed with how easy it is to use and deploy, as well as its vast device support. In adding web-based scanning to Ricoh's cloud-based document management service, DocumentMall, built on Documentum, we can offer substantial new value to our customers."
Executive Quote:
Rohit Ghai, Vice President, Products, EMC Information Intelligence Group
"EMC Captiva has established its leadership in document capture by providing both enterprise-class document capture solutions to customers and delivering capture technology for partners to extend. With the Captiva Cloud Toolkit, we are providing the best developer experience for adding distributed scanning capabilities to business applications." We are pleased to deliver this rich functionality to the market."
Additional Resources:
- Stay connected with Momentum on Facebook, YouTube, and LinkedIn
- Join the EMC Captiva communities on Twitter, Facebook, YouTube, SlideShare, the EMC Community Network, the ISIS Document Imaging Community Network
About EMC
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.
Wednesday, July 25, 2012
New RSA Service Helps Customers Detect and Shut Down Rogue Mobile Apps
EMC Press Release
New RSA Service Helps Customers Detect and Shut Down Rogue Mobile Apps
RSA FraudAction Anti Rogue App Service Monitors for Rogue Mobile Apps which Target End User Devices and Data
BLACKHAT 2012 Conference – Las Vegas - July 25, 2012
News Summary:
- Rapid growth of app stores for mobile devices has received significant attention from consumers, businesses and fraudsters alike.
- Mobile apps have emerged as a new cybercrime attack vector for phishing and malware.
- RSA FraudAction Anti Rogue App Service is a new managed service designed to detect and take action against malicious/unauthorized mobile apps that silently infiltrate online app stores.
- The service monitors all major app stores for all mobile operating systems, detects and shuts down malicious apps that are targeting customers to help reduce end user credential loss, financial fraud as well as damage to organizations' brand equity.
Full Story:
To counter the emergence of malicious and unauthorized apps appearing on mobile app stores, RSA, The Security Division of EMC (NYSE: EMC), today introduced the RSA FraudAction™ Anti Rogue App Service designed to detect and take action against rogue mobile apps that attempt to serve up malware or phishing attacks.
RSA FraudAction Anti Rogue App Service is an anti-fraud solution designed to detect and shut down rogue mobile apps. By combining the industry's most experienced anti-fraud experts with a proven, propriety threat-detection infrastructure, RSA helps organizations obtain visibility into the mobile app landscape, giving their fraud teams the ability to understand this new threat vector. RSA's new service helps organizations discover fraudulent mobile apps that are leveraging customer brands to infect end users or steal credentials. RSA's proactive approach helps ensure online app stores are constantly monitored and action is taken against rogue mobile app threats.
According to multiple research reports, the risk to mobile device security is increasing:
- 71 percent of organizations allow their employees to use their own mobile devices for company business. (Source: GI mSecurity Survey Report, April 2012, Goode Intelligence)
- 86 percent of all Android malware is actually repackaged versions of legitimate apps, but with malicious payloads. (Source: Android Malware Genome Project, Department of Computer Science at the North Carolina State University)
- Number of malicious Android apps jumps to over 20,000 in July 2012. (Source: TrendMicro TrendLabs Jul 2, 2012)
Key benefits of the RSA FraudAction Anti Rogue App Service include:
- Proactively manages risk to business by providing visibility into mobile app-based threats.
- Reduces fraud loss by shutting down rogue apps to help minimize impact of mobile app-based attacks to customer base.
- Provides comprehensive app store monitoring for all major app stores.
Available immediately worldwide, RSA will launch the RSA FraudAction Anti Rogue App Service in its booth at the BlackHat 2012 Conference in Las Vegas. More information can be found at:www.emc.com/security/rsa-identity-protection-and-verification/rsa-fraudaction/rsa-fraudaction-antirogue-service.htm
RSA Executive Quote:
Dan Schiappa, RSA Senior Vice President, Identity & Data Protection
"We're finding that organizations offering legitimate mobile apps used for online banking, retail, gaming and other functions aren't prepared and are mostly unaware of the mobile app threats lurking in app stores. Driven by RSA's experienced team of anti-fraud analysts, the RSA FraudAction Anti Rogue App Service is designed to help these organizations reduce fraud losses by monitoring for, rooting out and shutting down rogue apps before they can successfully exploit unknowing mobile consumers in an attempt to distribute malware and steal sensitive personal information for financial gain."
Analyst Quote:
Chris Hazelton, Research Director, Mobile & Wireless, 451 Research
"Since app stores are a primary source for mobile software, the large volume of new and updated applications regularly added to these stores makes it easy for cybercriminals to hide illicit activities within legitimate apps. Despite the best efforts of app store operators to police their own catalogs for rogue apps, the potential damage posed by a Trojan app using a company's brand image cannot be understated. Active monitoring of app stores will help organizations stay ahead of potential mobile app threats that leverage legitimate brands to target consumers for malware distribution and phishing."
Featured Resources:
RSA Speaking of Security Podcast:
Related RSA Blogs:
Malware…there's an app for that!
By Sam Curry, CTO, RSA Identity & Data Protection Group
By Sam Curry, CTO, RSA Identity & Data Protection Group
Rogue Mobile Apps, Phishing, Malware and Fraud
By Limor Kessem, Technical Lead, RSA FraudAction Research Lab
By Limor Kessem, Technical Lead, RSA FraudAction Research Lab
Additional Resources:
- Learn more about how Trusted IT from EMC = Trusted Business at: www.emc.com/trust
- Connect with RSA via Twitter, Facebook, YouTube, LinkedIn and the RSA Speaking of Security Blog and Podcast.
About RSA
RSA, The Security Division of EMC, is the premier provider of security, risk and compliance management solutions for business acceleration. RSA helps the world's leading organizations succeed by solving their most complex and sensitive security challenges. These challenges include managing organizational risk, safeguarding mobile access and collaboration, proving compliance, and securing virtual and cloud environments.
Combining business-critical controls in identity assurance, encryption & key management, SIEM, Data Loss Prevention and Fraud Protection with industry leading eGRC capabilities and robust consulting services, RSA brings visibility and trust to millions of user identities, the transactions that they perform and the data that is generated. For more information, please visit www.EMC.com/RSA.
Tuesday, July 24, 2012
EMC Reports 19% Increase in Second-Quarter Profit; Achieves 10% Growth in Quarterly Revenue
EMC Press Release
EMC Reports 19% Increase in Second-Quarter Profit; Achieves 10% Growth in Quarterly Revenue
EMC Delivers 10th Consecutive Quarter of Double-Digit Year-Over-Year Growth for Revenue, GAAP net income, and GAAP and non-GAAP EPS
Second-Quarter Highlights:
- Consolidated revenue up 10% year over year
- GAAP net income up 19% year over year; GAAP EPS up 21%
- Non-GAAP EPS up 11%
- Operating cash flow up 16% year over year; Free cash flow up 36%
- Strong percentage increases in gross and operating margins
Contact
HOPKINTON, Mass. —July 24, 2012 – EMC Corporation (NYSE:EMC) today reported strong financial results for the second quarter of 2012, marking the company's 10th consecutive quarter of double-digit year-over-year growth for consolidated revenue, GAAP net income, and GAAP and non-GAAP EPS. EMC expects to achieve its full-year 2012 goals for consolidated revenue, non-GAAP EPS and free cash flow.
Second-quarter consolidated revenue was $5.31 billion, an increase of 10% compared with the year-ago quarter. Second-quarter GAAP net income attributable to EMC increased 19% year over year to $650 million. Second-quarter GAAP earnings per weighted average diluted share increased 21% year over year to $0.29. Second-quarter non-GAAP1 earnings per weighted average diluted share were $0.39, an increase of 11% year over year.
During the second quarter, EMC generated operating cash flow of $1.24 billion and free cash flow2of $958 million, a year-over-year increase of 16% and 36%, respectively. Additionally, the company expanded GAAP and non-GAAP gross margin and operating margin percentages on a year-over-year basis, and ended the quarter with $10.9 billion in cash and investments.
Joe Tucci, EMC Chairman and Chief Executive Officer, said, "I am very pleased with EMC's execution and record second-quarter financial performance. We are seeing a transformation in the IT industry unlike anything we have seen before. Organizations are moving quickly to adopt cloud computing and take advantage of both the efficiency and agility that comes with running IT-as-a-Service. Customers are also looking to deploy a new generation of Big Data applications to gain competitive advantage and differentiate their businesses. And they demand that all this be done in a secure and trusted way. EMC is widely recognized as a leader and driver of this transformation."
David Goulden, EMC President and Chief Operating Officer, said, "The business we have built is at the intersection of three of the most transformative waves in the history of IT – cloud computing, Big Data and trust. We have grown EMC profitably, expanded our portfolio of products and services into new markets, and established our reputation for quality and providing customers with the very best total experience in the industry. Looking ahead, we remain on track to deliver our 'triple play' – simultaneously taking market share, reinvesting for growth and delivering improved earnings – and are well positioned for our next major phase of growth."
Second-Quarter Highlights
In the second quarter, revenue from EMC's Information Storage business increased 7% year over year. Within this, revenue from EMC's networked storage platforms portfolio3, which includes EMC's high-end and mid-tier storage platform products, grew 7% year over year. Revenue from EMC's high-end Symmetrix storage product portfolio increased 3% compared with the year-ago quarter, and revenue from the company's portfolio of mid-tier storage products4 increased 10% year over year, the result of year-over-year growth across EMC's major mid-tier product lines.
Second-quarter highlights included continued customer demand for EMC's Isilon scale-out NAS portfolio, VNX unified storage family, Backup Recovery Systems (BRS) portfolio, and VMAX systems family. Customers also continued to increasingly turn to EMC's Greenplum portfolio to gain greater insight and value from their data. Second-quarter revenue from EMC's RSA Information Security business increased 13% year over year and revenue from VMware (NYSE: VMW), the global leader in virtualization and cloud infrastructure, grew 22% year over year. Additionally, EMC continued to experience strong customer demand for its broad portfolio of services to help customers transform their IT and business. Finally, Vblock Converged Infrastructure Platforms from VCE – the Virtual Computing Environment Company formed by Cisco and EMC with investments from VMware and Intel – also gained traction in enterprise data centers and with cloud service providers as demand continued to show very strong growth in the second quarter.
EMC's consolidated second-quarter revenue from the United States increased 14% year over year to $2.9 billion, representing 54% of consolidated second-quarter revenue. Revenue from EMC's business operations outside of the United States increased 5% year over year to $2.5 billion and represented 46% of consolidated second-quarter revenue.
Business Outlook
The following statements are based on current expectations. These statements are forward-looking, and actual results may differ materially. These statements do not give effect to the potential impact of mergers, acquisitions, divestitures or business combinations that have not been announced or closed as of the date hereof. These statements supersede all prior statements made by EMC regarding 2012 financial results.
All dollar amounts and percentages set forth below should be considered to be approximations.
- Consolidated revenues are expected to be $22.0 billion for 2012.
- Consolidated GAAP operating income is expected to be 17.5% of revenues for 2012 and consolidated non-GAAP operating income is expected to be 24% of revenues for 2012. Excluded from consolidated non-GAAP operating income are stock-based compensation expense, intangible asset amortization, restructuring and acquisition-related charges, the amortization of VMware's capitalized software from prior periods and a release of excess RSA special charge reserve, which account for 4%, 1.6%, 0.5%, 0.5% and (0.1%) of revenues, respectively.
- Total consolidated GAAP non-operating expense, which includes investment income, interest expense and other income and expense, is expected to be $211 million in 2012 and total consolidated non-GAAP non-operating expense is expected to be $200 million in 2012. Excluded from non-GAAP non-operating expense is stock-based compensation expense of $3 million, a gain on strategic investment of ($32 million) and a loss on interest rate swaps of $40 million.
- Consolidated GAAP net income attributable to EMC is expected to be $2.75 billion in 2012 and consolidated non-GAAP net income attributable to EMC is expected to be $3.75 billion in 2012. Excluded from consolidated non-GAAP net income attributable to EMC are stock-based compensation expense, intangible asset amortization, restructuring and acquisition-related charges, the amortization of VMware's capitalized software from prior periods, a release of excess RSA special charge reserve, a gain on strategic investment and a loss on interest rate swaps which account for $665 million, $245 million, $90 million, $30 million, ($18 million), ($32 million), and $24 million, respectively.
- Consolidated GAAP earnings per weighted average diluted share are expected to be $1.25 for 2012 and consolidated non-GAAP earnings per weighted average diluted share are expected to be $1.70 for 2012. Excluded from consolidated non-GAAP earnings per weighted average diluted share are stock-based compensation expense, intangible asset amortization, restructuring and acquisition-related charges, the amortization of VMware's capitalized software from prior periods, a release of excess RSA special charge reserve, a gain on strategic investment and a loss on interest rate swaps, which account for $0.30, $0.11, $0.04, $0.01, ($0.01), ($0.01) and $0.01 per weighted average diluted share, respectively.
- The consolidated GAAP income tax rate is expected to be 21% for 2012. Excluding the tax impact of stock-based compensation expense, intangible asset amortization, restructuring and acquisition-related charges, the amortization of VMware's capitalized software from prior periods, a release of excess RSA special charge reserve, a gain on strategic investment and a loss on interest rate swaps, which collectively impact the tax rate by 1%, the consolidated non-GAAP income tax rate is expected to be 22% for 2012. This assumes that the U.S. research and development tax credit for 2012 is extended in the fourth quarter of 2012.
- GAAP net income attributable to the non-controlling interest in VMware is expected to be $148 million and non-GAAP net income attributable to the non-controlling interest in VMware is expected to be $250 million for 2012. Excluded from non-GAAP net income attributable to the non-controlling interest in VMware are stock-based compensation expense, intangible asset amortization, restructuring and acquisition-related charges and the amortization of VMware's capitalized software from prior periods, which account for $77 million, $16 million, $1 million and $8 million, respectively. The incremental dilution attributable to the shares of VMware held by EMC is expected to be $15 million for 2012.
- Consolidated net cash provided by operating activities is expected to be $6.2 billion for 2012 and free cash flow is expected to be $4.9 billion for 2012. Excluded from free cash flow are $900 million of additions to property, plant and equipment and $400 million of capitalized software development costs.
- The weighted average outstanding diluted shares are expected to be 2.2 billion for 2012.
- EMC expects to repurchase $700 million of the company's common stock in 2012.
Supporting Resources
- EMC will host its 2012 second-quarter earnings conference call today at 8:30 a.m. ET, which will be available via EMC's web site at http://www.emc.com/corporate/investor-relations/index.htm
- Additional information regarding EMC's financials, as well as a webcast of the conference call, will be available at 8:30 a.m. ET at http://www.emc.com/corporate/investor-relations/index.htm
- Visit http://ir.vmware.com for more information about VMware's second-quarter financial results.
- Connect with EMC via Twitter, Facebook, YouTube, LinkedIn and ECN
About EMC
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found atwww.EMC.com.
# # #
1Items excluded from the non-GAAP results for the second quarters of 2012 and 2011 are amounts relating to stock-based compensation expense, intangible asset amortization, restructuring and acquisition-related charges, the amortization of VMware's capitalized software from prior periods, the RSA special charge, a release of excess RSA special charge reserve, a gain on strategic investment and a loss on interest rate swaps. See attached schedules for GAAP to non-GAAP reconciliations.
2Free cash flow is a non-GAAP financial measure which is defined as net cash provided by operating activities, less additions to property, plant and equipment and capitalized software development costs. See attached schedules for a reconciliation of net cash provided by operating activities to free cash flow for the three months ended June 30, 2012 and 2011.
3 EMC's networked storage platforms include EMC Symmetrix, EMC VNX, EMC CLARiiON, EMC Celerra, EMC Centera, EMC Data Domain, EMC Isilon, EMC Avamar and EMC Atmos hardware and software products.
4EMC's mid-tier storage products include EMC VNX, EMC CLARiiON, EMC Celerra, EMC Centera, EMC Data Domain, EMC Isilon, EMC Avamar and EMC Atmos hardware and software products.
EMC, Atmos, Avamar, Celerra, Centera, CLARiiON, Data Domain, Greenplum, Isilon, RSA, Symmetrix, Vblock, VMAX, and VNX are either registered trademarks or trademarks of EMC Corporation in the United States and/or other countries. VMware is a registered trademark or trademark of VMware, Inc. in the United States and/or other countries. All other trademarks used are the property of their respective owners.
Monday, July 23, 2012
City of Sacramento Transforms Legislative Processes and Improves Public Service with EMC Documentum xCP
EMC Press Release
City of Sacramento Transforms Legislative Processes and Improves Public Service with EMC Documentum xCP
Saves $500,000 Annually in Operational Costs and Tens of Thousands of Staff Hours a Year; Solution Powers Legislative Document Review; Improves Citizen Service and Accessibility
HOPKINTON, Mass - July 23, 2012
EMC Corporation (NYSE: EMC) today announced that the City of Sacramento, Calif. has transformed its legislative process with EMC® Documentum® xCP, an integrated platform for building dynamic business solutions and an action engine for Big Data. As part of the transformation, the City responded to City Council directives by re-engineering its legislative review process with an EMC solution featuring advanced business process management (BPM), enterprise content management (ECM), intelligent capture and records management capabilities. With Documentum xCP, the City has saved money and increased visibility, efficiency and accessibility to the public.
Customer Benefits:
- Significant Cost Savings via Paperless Environment – The City significantly reduced operational costs and its carbon footprint by eliminating paper filing systems, off-site storage, and processes which resulted in over $500,000 savings in a year.
- Increased Visibility – Established Documentum xCP as the foundation for the City's Automated Legislative Document Review System, providing a collaborative environment with full audit trail of all process activities and enhancing transparency across all City departments. Legislative documents such as Council materials are delivered digitally with enhanced navigation and are publically accessible on the City's website within hours of being finalized.
- Increased Productivity and Operational Efficiency – By automating critical business processes including Legislative Document Review and Public Record Act requests, the City has increased agility and saved tens of thousands of staff hours a year associated with searching, printing, and inter-office approvals. Previous manual paper processes prevented efficient collaboration and was prone to errors.
Customer Challenges and Solution:
Today's global economy and citizen service priorities have required government agencies like the City of Sacramento to provide "full service" visibility. Citizens want to interact with their government in more open and direct ways, creating new opportunities and challenges for elected and public-serving officials. To address these demands, Sacramento Mayor and Council Member directives enhance efficiency, transparency and accountability across all levels of city government.
In deploying Documentum xCP, the City established systems to better manage processes throughout the city with consistent auditable information. The legislative review process, automated critical business processes and document repository also provided greater accessibility of information to citizens. The countless staff hours saved by electronically preparing, reviewing, distributing, tracking, and approving documents are now directed toward other public services. Documentum xCP also includes document retention services to configure disposition policies across all content types to meet compliance requirements and save storage costs.
Customer Quote:
Shirley Concolino, City Clerk, City of Sacramento
"We are a technology driven organization and committed to providing quality public service. Documentum xCP has enabled us to ensure that the City's legislative processes are open, public and accessible. By converging services, technology and information, we can better connect citizens and government to improve our customer's experience."
Additional Resources:
- Learn more about EMC Documentum xCP.
- Learn more about EMC Captiva enterprise capture.
- Join the EMC Documentum communities on Twitter, Facebook, YouTube, SlideShare, the EMC Community Network.
- Join the EMC Captiva communities on Twitter, Facebook, YouTube and SlideShare
About EMC
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.
Labels:
accessibility,
citizen,
document,
Documentum,
EMC,
legislative,
process,
public,
review,
service,
xCP
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