EMC CEO Joe Tucci's visit confirmed
- 14 March, 2007 11:36
EMC chairman and CEO, Joe Tucci, finally makes his inaugral visit to Australia next week after postponing his visit for six weeks.
Tucci was expected to arrive in Australia in early February but was forced to reschedule to March 23, 2007.
He is expected to meet with customers and channel partners to tout the company's $10 billion investment in infrastructure technologies and outline the company's plans to be a leader in the information management market.
Traditionally a storage heavyweight, EMC has expanded its market presence in recent years with industry-defining acquisitions such as its $US2.1 billion purchase of RSA Security last year.
Moreover, EMC has made significant offshore investments in the past month including $US100 million for development of its Russian business within the next four years.
The biggest investment will be made in EMC Excellence Center, a software development centre which is being established in Saint Petersburg.
EMC's business in Russia grew 50 percent in 2006 -- four times more than on average in other countries.
Development centres are also located in China, India, Belgium, Ireland and Israel.
Rona Newmark, senior vice president of EMC Excellence Centre design and commissioning, says that the corporation is becoming global rather than American, as part of a business globalization plan.
Russia will receive approximately 10 percent of the $US1 billion the corporation is going to invest in business expansion in BRIC countries (Brazil, Russia, India, China) by 2010.
Although Russia is not among the most populated countries, it leads in the number of technical experts with high quality training.
Russian higher schools increase the number of technology-savvy graduates by 10 percent annually.
- with Dmitriy Zhelvitsky