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Tough at the Top

Quoting from SiliconRepublic, where the article is talking about Joe Tucci, CEO of EMC.

Tucci said two important trends are impacting the information storage market and he intends to be at the forefront of this change. “We term these two developments ‘game-changing technologies’. The first development is the trend towards virtualisation.”

Virtualisation lets a single server run several operating environments in compartments called virtual machines at one time. The acquisition of VMWare has given EMC access to vital virtualisation technologies.

Tucci’s strategy is to acquire companies but allow them to develop as separate entities, albeit EMC will cherry-pick technologies as it goes along. VMWare is a case in point as it has grown exponentially since EMC acquired it. “VMWare is a US$600m-a-year company and one of the most successful software companies ever. In the future all data centre infrastructure will be virtualised,” Tucci predicted.

“The second game-changing technology will be IP-based networking, which will enable full resource management to CIOs anywhere,” he continued. “Having these two technologies we believe will really change the face of technology over the next three years. Information should become better and easier to manage for CIOs.

“Acquisition and development are central to our strategic approach. There are more acquisitions on the way. We intend to grow both organically and through acquisition,” Tucci concluded.

They say necessity is the mother of all invention. Tucci’s strategy for EMC seems born of regulatory necessity that in some way reflects his own responsibilities as a CEO but also pose a lucrative opportunity for his company. Only time will tell if this strategy will bear fruit.

Click here to read the whole article.

Published Thursday, May 04, 2006 6:07 AM by David Marshall
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