|
DQC News Bureau
EMC Corporation, the world leader in information management and storage, with
2005 revenues of $9.66 billion, reinforced its commitment to the SAARC (South
Asian association for Regional Cooperation) region and announced the launch of
its operations in Sri Lanka. EMC announced the opening of its office in Colombo
and outlined a three pronged strategy to tap the market. The three key pillars
of EMC's business strategy in Sri Lanka include - generate market awareness
for the need to implement information management and storage solutions, launch
the industry's broadest portfolio of solutions and services, forge and
strengthen local partnerships to serve the information management and storage
needs of the customers in the market.
EMC will leverage this office to provide sales support to its regional
distributor Redington and existing three channel partners - Enterprise
Technology Pvt Ltd, Data Management Systems Ltd and Just in Time Holdings Group
in the Sri Lankan market. Redington is the regional distributor for EMC in
India, Bangladesh and Sri Lanka. Globally, information is growing at over 70
percent per annum leading to multiple information centric challenges: need to
access and share information in real time across the global enterprise, need to
ensure compliance, consolidation and continuity with stagnant IT budgets and
need to ensure information security. With FY 2005 market share of 20.7 percent
EMC is the world leader in enabling organizations derive most business value
from their information, improve service levels, position their organizations for
growth and change, comply with regulations, and protect key information assets.
 |
| “Sri Lanka
is a burgeoning market for information technology adoption. Telecom,
Banking and Financial Services, Textiles and Apparels are among the most
dynamic verticals in the country fast adopting IT”
Manoj Chugh, Country Manager -
India and SAARC region, EMC |
Speaking at the launch of EMC's operations in Sri Lanka, Manoj Chugh,
Country Manager - India and SAARC region, EMC said, “Sri Lanka is a
burgeoning market for information technology adoption. Telecom, banking and
financial services, textiles and apparels are among the most dynamic verticals
in the country fast adopting IT. As these verticals work on streamlining their
IT and business operations, we see immense potential for our information
management and storage solutions in this market. Together with our partners we
are committed to helping customers deploy a wide array of solutions including
business continuity; back up, recovery and archiving solutions; compliance
solutions; information security and business applications solutions. These
solutions will enable organizations meet critical business challenges and
enhance their competitive advantage in sync with the emerging global economic
trends.”
“Sri Lanka is amongst the more mature and promising markets in the Asia
Pacific and Japan region. A robust IT infrastructure and independent information
infrastructure play a pivotal role in accelerating the overall economic
development of the country. The launch of our operations in Sri Lanka is the
first step towards enabling the development of this independent information
infrastructure in the country,” added Ron Goh, GM - South Asia and VP,
Partners Alliances, Asia Pacific, EMC Corporation.
Commenting on EMC's launch of operations in Sri Lanka R Srinivasan, MD,
Redington Pvt Ltd, Singapore said, “The optimism in the Sri Lanka market for
information technology solution is captured by the significant focus of the
government on this sector and the presence of a large number of IT companies in
the region. Businesses in Sri Lanka are beginning to realize that the adoption
of IT will significantly impact their growth and success. Given this backdrop,
it is the right time for companies like EMC who offer best-of-breed information
management solutions to enter the market and help enterprises build an
intelligent and independent information infrastructure. We are very excited
about our association with EMC in this market and see this as an immense
business opportunity.” Page(s) 1
| 
