Talk about dominance. EMC, the leader in storage hardware and software, is just plain kicking butt these days. In the first quarter, according to market researcher IDC, EMC extended its market share lead in each segment where it plays. Typically, the storage leaders take turns holding the momentum lead -- as each launches its new products. But EMC has held off fresh assaults by Hitachi and IBM.
Keys to growth are its mid-range storage systems and its software products. CEO Joe Tucci is counting on his information lifecycle management strategy to keep EMC growing briskly, even as hardware becomes more commoditized. ILM helps corporations manage their data smartly by moving it between different kinds of storage devices with different access speeds and costs.
All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
EMC Corp. offers a range of systems, softwares, services, and solutions for information lifecycle management worldwide. It operates in four segments: EMC Information Storage Products (ISP), EMC Software Group Products and Services (SGPS), EMC Information Storage and Management Services (ISMS), and VMware Software Products and Services (VSPS). ISP segment consists of information storage systems (ISS) and platform-based software. ISS offers a range of networked information storage systems used in a storage area network, networked attached storage, content addressed storage, or direct attached storage environment. ISP’s platform-based software controls and enables functions that take place within the EMC networked storage system. SGPS segment develops platform-independent storage management software, which simplifies, automates, protects, and manages multivendor storage infrastructures; and content management software, enabling users to create, manage, deliver, and archive unstructured content, including documents, email, Web pages, records, and media. ISMS segment offers technology solutions, customer service, and customer education to help its customers plan, build, and manage integrated information technology infrastructures throughout its lifecycle. This segment also provides consulting, assessments, implementations, integration, operations management, day-to-day support, maintenance, education, and training to its customers. VSPS segment’s software provides a layer of abstraction between the computing, storage, and networking hardware, as well as the software that runs on it. EMC distributes and markets its products through various distributors, systems integrators, resellers, and original equipment manufacturer hardware vendors for information storage and management, and the virtualization infrastructure software markets in North America, Latin America, Europe, the Middle East, South Africa, and the Asia Pacific region. EMC Corp. was founded in 1979 by Richard J. Egan and Roger Marino. The company is headquartered in Hopkinton, Mass.
No. of Employees
22,700
Data provided by
Joseph M. Tucci
Bio
Joseph M. Tucci has been the Chief Executive Officer of EMC Corp. since January 2001 and has been President since January 2000. From January 2000 to January 2001, Mr. Tucci served as the President and Chief Operating Officer of EMC Corp. Prior to joining EMC Corp., Mr. Tucci served as Deputy Chief Executive Officer of Getronics N.V., an information technology services company, from June 1999 through December 1999 and as Chairman of the Board and Chief Executive Officer of Wang Global, an information technology services company, from December 1993 to June 1999. Getronics N.V acquired Wang Global in June 1999. Mr. Tucci joined Wang Global in 1990 as its Executive Vice President, Operations. Mr. Tucci has been a Director of Paychex, Inc., a provider of payroll, human resources and benefits outsourcing solutions, since 2000. He has been a Director of EMC Corp. since January 2001 and is the Chairman of the Stock Repurchase and Bond Redemption Oversight Committee and a Member of the Mergers and Acquisitions Committee.
* Latest available fiscal year
** The sum of the net value of options exercised and held in the latest available fiscal year
Key Executives
Joseph M. Tucci, Michael C. Ruettgers, David G. DeWalt, David A. Donatelli, Howard D. Elias, David I. Goulden, Diane Greene, Frank M. Hauck, Mark S. Lewis, William J. Teuber, Jr., David B. Wright, Paul T. Dacier
Board Members
Joseph M. Tucci, Michael C. Ruettgers, Michael J. Cronin, W. Paul Fitzgerald, Gail Deegan, Olli-Pekka Kallasvuo, Windle B. Priem, Alfred M. Zeien, John R. Egan, David N. Strohm
