EMC’s revenues increase by 18%

Technology giant EMC has reported an 18% increase in revenue for 2011, adding that its Irish operations achieved record growth during the year.

The data storage and technology support services giant — co-founded in the late 1970s by former US ambassador to Ireland Richard Egan — employs 50,000 people worldwide. 2,500 are based in its Irish division, the main element of which is its Centre of Excellence in Cork.

The head of that unit, Bob Savage, said that the results show that EMC’s Irish business is helping to drive a revolution in global information technology.