"I say, 'Don"t put all your eggs in one basket" is all wrong. I tell you, 'Put all your eggs in one basket, and then watch that basket."" (Andrew Carnegie, 1885)-Quote in EMC Annual Report.

             EMC: Mission Statement- To make information accessible across the computing enterprise, regardless of the source or the target. .

             EMC: Introduction.

             EMC Corporation, based in Hopkinton, Massachusetts. with 11,200 employees worldwide, is the world"s leading supplier of intelligent enterprise storage and retrieval technology. EMC is a Fortune 500 company and was ranked ninth on Business Week"s 1998 "Info Tech 100" list of the world"s best-performing information technology companies. In 1998, EMC had an annual revenue of $3.9 billion. EMC designs systems for open system, mainframe, and midrange environments. EMC is the only company in the world entirely focused on rapidly delivering intelligent enterprise storage and retrieval solutions. This enables companies and organizations to leverage their growing volumes of information into profitability, growth and competitive advantage. EMC Enterprise Storage systems, software products, and services are the leading information access and storage solutions for every major computing platform in today"s business enterprise.

             EMC was founded in 1979 by Richard Egan and Robert Marino (the E and M in EMC) as a supplier of add-on memory boards. EMC"s rapid rise in the worldwide data storage market began its major surge in 1989, when the company revised its strategy to align itself with businesses" growing reliance on increasingly vast and complex amounts of electronic data. In 1990 with the introduction of EMC"s Symmetrix product line, EMC became the first company to provide intelligent storage systems based on arrays of small, commodity hard disk drives for the mainframe market. Since the in introduction of Symmetrix technology, more than 30,000 of these systems have been sold around the globe and EMC"s annual revenues have grown from $190 million in 1990 to $3.