Don't miss our upcoming Network Computing virtual event on Connectivity Solutions - Secure Your Complementary Seat Now!
EMC Corp. (NYSE: EMC) announced solid quarterly results this morning, citing gains in mid-tier storage systems, services, and software. And though large storage system sales were down, the company foresees good growth next quarter. (See EMC Reports Results .)
EMC reported $2.37 billion in third-quarter revenue, a 17 percent increase year over year, but just a hair above last quarter's $2.34 billion. (See EMC Guides Low .) Net income was $422 million, including $106 million from a tax benefit, which brought diluted earnings per share to $0.17, compared with $293 million in income and $0.12 EPS last quarter.
Despite the obvious tax boost, CEO Joe Tucci credited information lifecycle management (ILM) for the gains. "With each passing quarter, ILM is being adopted by more and more customers who see it as the most logical and efficient way to maximize the value of their information," he said in a statement.
Revenue from software licensing and maintenance grew 16 percent year on year; professional services, many related directly to helping customers plan and build ILM deployments, grew 25 percent; and systems revenue grew 15 percent.
Of EMC's total revenue, systems accounted for $1.09 billion, or about 46 percent; software, for $865 million, or 37 percent; and services, for $402 million, or 17 percent.
From infrastructure to app delivery, from data to applications, it’s past time to modernize your practices, processes, and providers to ensure you’re able to take advantage of AI and whatever comes next.
What skills do network managers really need to properly secure industrial networks? What new protocols, frameworks, and regulations are important? And what conferences and certifications can help? Here are five tips to get started.
A full-stack approach to retail edge offers retailers a way to optimize operations and adapt to changes in a post-pandemic world.
