Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

EMC World 2016: Joe Tucci bows out as EMC looks to the future

James Henderson | May 3, 2016
In keeping with theme entitled ‘Modernise’, the IT veteran discussed the modernising of the industry, IT and the business, offering insight into where the storage giant sees the future of technology in 2016 and beyond.

“I’ve had a lot of fun over the last few years,” opened Joe Tucci, chairman and CEO of EMC, when kickstarting EMC World in Las Vegas on Monday.

In starting proceedings with a video looking back at the history of EMC World, Tucci smiled upon its close, warning attendees that this wasn’t a swan song.

“I didn’t come here to look backwards, I came here to look forward and obviously, things are going to change,” he said.

With a US$27 million golden parachute heading into Tucci’s top pocket after the Dell acquisition, the commanding CEO looked every bit his usual self in front of the Las Vegas audience.

In keeping with theme entitled ‘Modernise’, the IT veteran discussed the modernising of the industry, IT and the business, offering insight into where the storage giant sees the future of technology in 2016 and beyond.

“I can tell you now, this isn’t the end of something great, it’s the beginning of something truly special,” he said.

While acknowledging “important government approvals and shareholder votes”, Tucci said the success of the $67 billion merger will depend on the reaction of the company’s customer base and partner ecosystem.

“You all vote every quarter with your business,” he admitted. “You’re the only ones that can make this merger successful, so vote for us.”

In addressing the elephant in the room, Tucci asked attendees - “Why the merger? Why Dell? Why now?” - before picking each point off in his no-nonsense style.

“Once in every two or three lifetimes, everything changes,” he said. “The industrial revolution came around in 1760 and went on for a 100 years with the modernised powered machinery allowing men, women and children to change the world.

“Many new companies were born out of this and right now we’re on a shift that will dwarf the industrial revolution. Spawning the revolution is the millions of connected devices out there in the world.”

As Tucci explained, this will continue to grow and when such connected devices throw out a “treasure trove of data”, how companies interpret such information will be the deal breaker.

“How businesses collect that data and become more innovative with their businesses and customers will change the whole business model,” he said. “This is the revolution we are in now - the digital revolution.”

Consequently, Tucci said the merger will Dell will provide a “great chance to extract the best of both companies”, with the aim of creating something “incredibly differential” in the market.

“If you look at the magnitude of data processed and the need for this to be interpreted in real-time, the outcome is a new style of computing,” he added.

 

1  2  Next Page 

Sign up for CIO Asia eNewsletters.