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Why EMC is following a diversification and acquisition route
Owing to the increasing preference for hybrid cloud services and increased pressure for a spinoff, EMC is hoping to attract customers looking for a hybrid approach.
EMC’s core technology division now includes three of the company’s former divisions: enterprise, mid-range systems, and data protection and availability.
In late October 2014, EMC completed a reorganization of its core business operations into two new divisions.
Maginatics, a provider of data protection across clouds, is EMC’s latest acquisition in the cloud space.
Spanning Backup for Office 365 provides automated daily and on-demand backups of email, data, and contracts from any device.
Spanning provides cloud-to-cloud data protection technology and offers a backup service for cloud applications.
Cloudscaling technology lets clients connect computers running OpenStack to the public clouds, which are dominated by Amazon and Google.
In October 2014, EMC (EMC) announced the completion of its Cloudscaling acquisition.
Converged infrastructure simplifies hardware and software management, thus speeding up the deployment of infrastructure for private clouds.
Recent acquisitions have enabled EMC to offer comprehensive cloud backup and storage solutions, thus enhancing its presence in the hybrid cloud space.
After EMC’s recent acquisition of Cisco’s stake in VCE, Cisco’s stake declined to 10% and EMC’s stake increased from 58% to 83%.
Along with its announcement of 3Q14 earnings, EMC also announced the acquisition of Cisco’s stake in VCE.
EMC’s management expects FY14 revenues to be $24.5 billion and its non-GAAP operating margin to be around 24%.
EMC’s elastic cloud storage has shown increased adoption due to the shift towards the third platform, which combines social, mobile, and big data or analytics.
According to the International Data Corporation, EMC leads the storage space, followed by HP.
EMC estimates the total addressable market for Pivotal will be around $20 billion by 2017.
EMC has more than $11 billion in cash and cash equivalents and more than $5 billion in free cash flow.
In early 2014, EMC launched Pivotal Big Data Suite, which unifies different data technologies and licenses them together.
Analysts expect the video surveillance market in Southeast Asia to grow at a compound annual growth rate of 40.32% from 2013 to 2018.
The EMC Enterprise Hybrid Cloud solution is based on flexible reference architecture, VSPEX, and Vblock Converged Infrastructure.