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LAS VEGAS - Almost eight months to the day after the Dell-EMC marriage became official, more than 13,000 employees, suppliers and customers from around the globe traveled to this glitzy desert resort setting to see for themselves just how smoothly the partners are getting along.
The answer, at least from a Central Massachusetts perspective, appears to be Dell EMC is doing quite nicely, thank you. Fears of deep cuts as the company shakes out redundancies seem unfounded.
In fact, the talk in the corridors of the Sands Expo Center and the Palazzo hotel suggests even better days may be ahead for Central Massachusetts’ largest manufacturer.
While EMC continues to do what it does best in Massachusetts, Dell continues to do what it does best in its Texas facilities. However, after the acquisition, Dell’s server, networks and small storage business moved from Texas to the Massachusetts facilities, thereby increasing the amount of revenue managed out of Hopkinton, from $24.7 billion to approximately $30 billion a year.
When the data is tallied for 2017, that may be enough to nudge past TJ Maxx for third spot among publicly traded Bay State-based companies. Only Liberty Mutual Insurance at $39.45 billion, Massachusetts Mutual Life Insurance at $38.24 billion, have more based on 2015 numbers.
“One of the beauties of this merger is that the portfolio of the two companies are extremely complementary in their product alignment with almost no overlap,” said Dave Farmer, vice president of public relations for Dell EMC. “We have combined Dell’s strength in PCs and servers for small and midsize business customers with EMC’s strength in storage, converged infrastructure, security and virtualization for large enterprises.”
Farmer’s promotion to vice president is a positive indication of EMC’s role in the emerging integration of the tech giants. Farmer joined EMC in 1995 and was senior director, public relations at EMC prior to taking over the larger role with Dell EMC last fall.
Another positive sign came in the announcement May 8 that Dell and EMC had consolidated their corporate investment arms into a new entity – Dell Technologies Capital. Scott Darling, former president of EMC Ventures, will head the operation positioned to spend about $100 million a year. While Darling is based in Palo Alto, EMC executives Matt Olton and Gregg Adkin are in the team’s Boston office.
The show kicked off with Dell Founder & CEO Michael Dell’s opening keynote detailing the evolution he sees for business from the public cloud to hybrid cloud to private cloud, all of course driven by Dell EMC.
Dell’s excitement included for the new OpenManage Enterprise Console, part of the 14th generation of the PowerEdge Server line. It combines Dell server and EMC storage technologies in one user interface and is a big step down the road to Dell owning the data pipeline from end to end.
Bumps in the road are bound to come up, as with any high-profile acquisition, but those bumps were well hidden during the 2017 version of Dell EMC World Annual Conference.
The event traces its roots to 2001 as the EMC Enterprise Wizards Conference with just under 1,000 attendees and that evolved to become EMC World. In 2017, DEW’s growth to 13,000 is a confirmation of just how much the company has matured.
“I am proud of everything we’ve built at EMC – from humble beginnings as a Boston-based startup to a global, world-class technology company with an unyielding dedication to our customers,” said Joe Tucci, former chairman and CEO of EMC when the merger was set to close in September. “The combination of Dell and EMC creates a new powerhouse in the industry – providing the essential technology for the next era in IT.”
And Central Massachusetts appears to have a solid role in shaping that future.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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