EMC reports Q2 revenue of €5.6bn

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EMC Corporation has released its earnings for the second quarter of 2013, showing revenue of €5.6 billion, up 6% over the same period last year.

EMC’s Information Infrastructure business increased revenue 4% compared with the same period in 2012. Second-quarter revenue from EMC’s Information Storage business accelerated to 4% year over year.

Consolidated second-quarter revenue from the US increased 4% year over year to $3 billion, representing 53% of consolidated second-quarter revenue.

Revenue from EMC’s business operations outside the US increased 8% year-over-year to $2.7 billion and represented 47% of consolidated second-quarter revenue. Within this, on a year-over-year basis, revenue from EMC’s Europe, Middle East and Africa region grew 6%, revenue from EMC’s Asia Pacific and Japan region increased 12%, and revenue from EMC’s Latin American region grew 12%.

Jason Ward, EMC’s director for Ireland, Scotland and UK North, said: "EMC’s investment in Ireland is key to our global growth strategy which is focused on three of the most important drivers in IT for businesses today: cloud, Big Data and trusted IT. We are experiencing strong demand across all business lines, helping our customers to transform their businesses with IT solutions that drive efficiencies and innovations, generate value from information and secure their IT environments with sophisticated security technologies."

Bob Savage, vice-president and managing director of EMC’s centre of excellence in Cork, said: "2013 marks the 25th anniversary of EMC in Ireland and the company recently announced the creation of 200 highly skilled jobs and the opening of a new office in Cork, as part of a fresh €100 million investment here."

EMC employs 3,000 in Ireland, where its key customers include Intel, Elavon, Irish Continental Group and Vodafone.

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