strategic analysis of EMC corp.
"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 ReportEMC: Mission Statement- To make information accessible across the computing enterprise, regardless of the source or the target. 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
EMC is noted for being recognized as the time-to market leader in delivering advanced storage and retrieval technology and information management and protection software to companies whose success depends on information. Using Porter's value chain EMC can be broken down into specific activities which contribute to a companies success or malfunction. Within the value chain analysis specific activities can be recognized as distinctive competencies. For EMC the distinctive competencies include inbound logistics and technology, research & development. These activities create strength relative to key competition. An example of this is at Teradyne, which is a worldwide know component producer. EMC actually sets up a department in the Teradyne manufacturing plant which allows EMC and Teradyne to communicate to each other better. EMC can quickly provide Teradyne with any new information pertaining to the product that they need, and help implement and new procedures. This also gives EMC more control over the quality of their supplies because they can watch them being produced, and oversee the transportation of the products to EMC. This strategy along with using regular PC parts allows EMC to ride the always improving PC industry price-performing curve, while adding value via software. This is a distinct competency. 1988- EMC opens its European manufacturing facility in Cork, Ireland. 1996- EMC becomes leader in the open storage market.
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Approximate Word count = 6454
Approximate Pages = 26 (250 words per page double spaced)
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