EMC is now offering discounts of 50 to 60 percent or more from two quarters ago, reinforcing customers views that there isnt a whole lot of difference between the Symmetrix and products from IBM Corp. (NYSE: IBM) or Hitachi Data Systems (HDS), he says.
Analysts say another important reason for this restructuring was to improve the succession plan, ie, who takes over when executive chairman, Mike Reuttgers and Joe Tucci leave. "EMC is grooming someone to run the business now, whereas before all these VPs were running tiny little groups," said one Wall Street analyst, who declined to be named.
"It's a good move as it puts Tucci firmly in the leadership seat - when everyone has been used to seeing Reuttgers and Yanai calling the shots," he said.
Under the new structure, the other two units will be sales and professional services and software. Erez Ofer has been promoted to executive VP and will lead the software business, which includes EMCs new Auto IS and WideSky initiatives. The success of these projects is considered critical to EMCs future success (see EMC, Compaq Swap APIs and EMC Goes Soft).
Executive VP Frank Hauck will continue to lead EMCs sales and professional services organization and CFO Bill Teuber has been promoted to executive VP.
To realize the benefits of cloud-native software, an application must actually be cloud-native—designed to run in the cloud, interacting with disaggregated cloud services, fully manageable as code—to deliver the expected benefits.
By combining resources and expertise, the AI-Enabled ICT Workforce Consortium will offer a blueprint for how industries can adapt to an AI-dominated future.
IT leaders should heed the guidance of cybersecurity insurance providers who think businesses should prioritize security education, incident preparedness, regular internal audits, and ongoing vulnerability scanning and patching.
