Credit: Shutterstock photoEMC CorporationEMC recently teamed up with EY, a leading company in the assurance, tax, transaction and advisory services domain.
The two entities are now coming together to develop innovative solutions, leveraging EMC's product portfolio and EY advisory services. As EMC puts it "The EY alliance is a top priority for EMC. The skills, brand, relationships, and subject matter experience of EY, combined with EMC's innovative portfolio of technologies and market penetration, will help enable us to continue to support our enterprise customers as they accelerate their IT transformation initiatives."
As part of the collaboration, the two entities have already rolled out a few interesting solutions like Isolated Recovery, which is designed to enable clients combat cybercrimes. The two companies have combined their strengths so as to develop a solid data protection and recovery process for the clients. In addition, the technology will be able to gauge the integrity of data based on which it can chalk out an optimum recovery or remediation path for the data, which can then be revived in an isolated recovery zone.
It appears that the two entities are only beginning to touch the scope of possibilities. Apart from cyber attacks, EY and EMC have also been working on solutions in domains like hybrid cloud, data center network virtualization, enterprise mobility management, analytics and even governance, risk and compliance solutions customized on the basis of sectors.
EMC has been forming strategic alliances for a number of years now in order to develop its product portfolio. Now, as it acquisition by Dell approaches, it appears that the company is fortifying its position in booming emerging markets like flash storage, cloud computing, Big Data, mobile and security applications.
In the past, this Zacks Rank #3 (Hold) stock has partnered other big players like Lenovo, SAP, Cisco CSCO , Brocade, Citrix, Microsoft MSFT , Equinix and Oracle ORCL to name a few.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
