NASSCOM GIC Conclave - Power Keynote: Howard Elias (Session 2 )

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  • 1. Howard Elias, President and COO EMC Information Infrastructure and Cloud Services© Copyright 2012 EMC Corporation. All rights reserved. 1
  • 2. © Copyright 2012 EMC Corporation. All rights reserved. 2
  • 3. The World Economy is Shifting • India and China drove half of the global economy up to the mid 1800s • Now these economies are roaring back • Global Impacts: – Economic Power Balance – Education & Talent Pools – Global Business MaturityPercentage of total GDP, 1990$ at Purchasing Power Parity (PPP) 3
  • 4. The New Global Innovation and Business Landscapeflat·world (Friedman): noun1: The changing world as a result of globalization, demographics, technology and regulation2: New commodities and interconnected societies transcend traditional borders Fresh Talent Pools Technology Enablement The Challenges• Challenges of an aging workforce in • Technology is enabling world-class • Operational requirements to reduce developed economies software development, services, cost & improve efficiencies and support from anywhere on the• China and India produce more than globe • Innovating in the complex, 800,000 newly minted engineers physically-disconnected environment each year (US: 170K) • Maintaining the flow of top talent 4
  • 5. People of the World Are More Interconnected ThanEver Before - Distance Is No Longer A Barrierin·ter·con·nec·ted·ness: noun1: Mutually joined or related2: Having internal connections between the parts or elements The New Tools Socio-Cultural Linkage The Power of Youth • Penetration of the internet • 600 Million of India’s population is eliminates time & space boundaries under 24. • Confluence of economics, education, • Nearly 500 million people in China culture, style and perspective are younger than 24. • That’s more than the entire populations of the US, Canada, Australia and Europe put together 5
  • 6. EMC in 2006: The Challenge We FacedSignificant Global Expansion in an Uncoordinated ModelSingle…... geographic focus (Bangalore)Siloed…… operations EMC growth and new opportunities requiredFragmented…… expertise transformation to enableCustom…… support functions scale and attract talentInconsistent…… processes, measurement and utilization levelsUnder-leveraged…… outsourcing partner portfolio 6
  • 7. EMC’s Guiding Principles For Globalization • Expand geographic presence • Increase investments • Develop new partnership models • Attract and retain world class talent • Innovate everywhere • Groom future leaders • Deliver products and services for local markets • Cultivate strong government & academic relationships • Give back to the community 7
  • 8. Coordinated Center of Excellence NetworkAccessing the world’s best talent India China Russia Israel Ireland Egypt 8
  • 9. Our Global Presence 53,500 People Across 86 Countries Cork, Ireland Rotterdam, Netherlands St. Petersburg, Russia Burlington, Ontario Seattle, WA Brentford, UK Vienna, AustriaPleasanton, CA Roy, UT Pau, France Seoul, S. Korea Durham, NC Beijing, China Apex, NC Beer Sheva, Chengdu, China Irvine, CA Tel Aviv, Duluth, GA Israel Tokyo, Japan Hopkinton, MA IsraelCairo, Egypt Shanghai, China Global Headquarters Palo Alto, CA Santa Clara, CA Bedford, MA Franklin, MA Bangalore, India Direct Presence Cambridge, MA R&D Center Singapore Centers of Excellence Customer Support Center Rio de Janeiro, Brazil Sydney, Australia Executive Briefing Center Melbourne, Australia Manufacturing Center Global Solution and Engineering Center as of October 18, 2011 © Copyright 2012 EMC Corporation. All rights reserved. 9
  • 10. 2011: A Record Breaking Year! Fortune 500 Rank 152 Revenues $20.0B Free Cash Flow $4.4B R&D Investment (as % of revenues) 11% Cash And Investments $10.8B Market Value $60.0BNote: All data for year 2011 except market capitalization, which is as of March 12, 2012.R&D investment as a percentage of revenues includes capitalized R&D.© Copyright 2012 EMC Corporation. All rights reserved. 10
  • 11. Industry Recognition In 2011 Joe Tucci Named One Of World’s 30 Best 30 CEOs Most Admired Public #20 on Top Places #2 In Computers Traded Technology To Work List Companies Best Workplace for #6 On Training 125 EMC Ireland, PolandPeople With Disabilities And Italy Named Best Top 35 Best Places #6 on Top 20 Best For Development To Work In The Workplaces Place To Work For Triangle Region Recent Grads #29 Best Corporate Citizen For Achievements In Environment, 95 On Corporate America’s Largest Top 20 Greenest Governance, Human Rights, And Equality Index Corporations Companies In America PhilanthropyEMC CONFIDENTIAL—INTERNAL USE ONLY 11