EMC global revenues increase by 10% in second quarter
IT-as-a-service, Big Data driving gains
TechTrade | 25 Jul 2012 :
Cloud services company EMC reported an increase of 10% in second-quarter consolidated revenue compared with the same quarter last year.
During the quarter ending in June, EMC generated operating cash flow of $1.24 billion and free cash flow of $958 million - a year-over-year increase of 16% and 36%, respectively.
Jason Ward, EMC Country Manager for Ireland, said: We are experiencing demand across all business lines as our cloud customers exploit the efficiency and agility that comes with running IT-as-a-service and Big Data applications help to drive competitive gains across the enterprise economy. Here in Ireland, EMC is helping customers to improve their business performance with IT solutions that generate better efficiency and productivity and increased agility for securely storing, managing and retrieving their most valuable asset - information."
New customers for EMC in Ireland include Pepsi, Tullow Oil, Dublin Institute of Technology, Calor Gas, ICON, and the Health Service Executive which involved a major strategic IT consolidation supporting the Government's new cloud strategy.
EMC employs more than 2,700 people in Ireland.