EMC reports Q2 revenues of $5.6bn

International technology giant EMC has reported second quarter global revenues of some $5.6bn (€4.23bn), up by 6% on a year-on-year basis.

The Massachusetts head- quartered data storage and technology support services giant also noted a $50m, or so, increase in net income for the period, to $701m.

It said its Irish operations play “a strategic role” in its global success story.

According to Jason Ward, EMC’s director for Ireland, Scotland, and the north of the UK: “EMC’s investment in Ireland is key to our global growth strategy, which is focused on three of the most important drivers in IT for businesses today — cloud, Big Data and trusted IT.

“We’re experiencing strong demand, across all business lines, helping our customers to transform their businesses with IT solutions that drive efficiencies and innovations, generate value from information, and secure their IT environments with sophisticated security technologies.”

This year marks the 25th anniversary of EMC in Ireland and the firm recently announced a further €100m investment here, including the creation of another 200 jobs and the opening of a new office in Cork.

Bob Savage who heads up EMC Ireland’s Centre of Excellence in Cork, said Ireland is “well-positioned to expand our leadership in the markets we serve, to continue to bring our portfolio of products and services to new markets, and to drive fresh levels of innovation for Ireland as an IT hub and leader in new disruptive technologies”.

EMC’s US-generated second quarter revenue increased by 4%, year-on- year, to $3bn (representing 53% of total group turnover), while its EMEA operations grew by 6% on an annualised basis.

More in this section

News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up

Our Covid-free newsletter brings together some of the best bits from irishexaminer.com, as chosen by our editor, direct to your inbox every Monday.

Sign up