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I say Dont 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 11200 employees worldwide is the worlds leading supplier of intelligent enterprise storage and retrieval technology EMC is a Fortune 500 company and was ranked ninth on Business Weeks 1998 Info Tech 100 list of the worlds best-performing information technology companies In 1998 EMC had an annual revenue of 39 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 todays 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 EMCs 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 EMCs 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 30000 of these systems have been sold around the globe and EMCs annual revenues have grown from 190 million in 1990 to 397 billion in 1998 With the introduction of Symmetrix Remote Data Facility in 1994
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