Hopkinton, Mass. -- August 30, 2007 -- EMC Corporation (NYSE:EMC), the world leader in information infrastructure solutions, today announced the formation of a new industry-focused information management consulting practice within its Global Services organization.
The new information management services practice, a critical element in EMC's professional services growth strategy, will help its largest customers in key industry verticals get the most business value from their information and drive business impact from their information management investments. EMC's recent acquisition of BusinessEdge Solutions, a growing, privately held, industry-focused business and technology consulting firm headquartered in the United States, forms the foundation of the new services practice within EMC Global Services.
With a world-class, blue chip client list and well established multi-year customer relationships within the Fortune 500, BusinessEdge's industry professionals add deep vertical industry thought leadership and business consulting and delivery capabilities in the critical areas of compliance and risk management, business process analysis and improvement, and information management.
"As a leading technology service provider in the fast-growing areas of information management, compliance and risk management and business process improvement and analysis, BusinessEdge significantly extends our ability to align technology-led initiatives with business objectives," said Howard Elias, President, EMC Global Services & Resource Management Software Group. "BusinessEdge's extremely talented professionals, world-class processes and deep industry expertise across key vertical industries enables EMC to rapidly establish a new practice within EMC Global Services that will help us to deliver more business value to our largest customers and partners and further accelerate the customer adoption of information infrastructure solutions."
EMC Global Services, with 11,000 skilled information-focused professionals, provides consulting, implementation, integration and support services to help customers around the world get the most value out of their information strategies. EMC's new industry-focused information management consulting practice operates within an accelerated consulting delivery model that leverages assets which minimize time, costs and risk to engagements, including architectural frameworks, reusable solutions tools and templates and working demonstrations of integrated business solutions that feature thought leadership and best practice approaches. The new consulting practice strengthens EMC's position as a trusted advisor to its customers and partners, enabling them to improve business processes while optimizing the management and use of structured and unstructured information.
The new services practice will be lead by BusinessEdge's co-founders, Peter Gibson and Shailendra Jain, and will continue to leverage BusinessEdge's existing business development resources and services delivery processes and methodologies to focus on servicing the financial services, life sciences and communications, media and content industries. The acquisition is not expected to have a material impact to revenue or EPS for 2007.
EMC Corporation (NYSE: EMC) is the world leader in products, services and solutions for information management and storage that help organizations extract the maximum value from their information, at the lowest total cost, across every point in the information lifecycle. Information about EMC's products and services can be found at www.EMC.com.
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