EMC plans Gulf expansion
Company's vice president unveils expansion plan at telecom summit in Dubai
EMC is planning to bolster its presence in the MENA region with the opening of new offices in Qatar, Kuwait, Nigeria, and Pakistan, to handle operations including sales, delivery and customer support.
Speaking at EMC's fifth annual telecoms summit in Dubai last week, Bill Teuber, vice president of EMC Corp outlined his intention to develop the company's business in the region, describing the Middle East as "absolutely critical" to the growth rate and the future of EMC.
"There are areas in the world which are either less mature or have a higher GDP, where the infrastructure is still being built up," Teuber said. "We need to be in these areas."
EMC, which has its regional headquarters in Dubai, as well as offices in Saudi Arabia, Bahrain, and Egypt, gathered press and regional operators at the EMC Middle East Telecoms Summit, held between 5-6th March, to discuss issues in the sector and to conduct sessions on information infrastructure solutions.
The company also discussed ways to manage data growth and cost efficiency, while data security and information lifecycle management were named as prominent challenges faced by the industry at large.
EMC ended 2007 with a growth rate of 19% to report $13.2 billion in revenues - with 45% derived from the international market in Q4. Increasingly, software solutions and services are making up a larger portion of its earnings.