emc corp/ma (EMC) Key Developments
EMC Announces New Enhancements Across its Documentum Portfolio of Enterprise Content Management Applications
May 1 15
EMC announced new enhancements across its Documentum portfolio of enterprise content management (ECM) applications, enabling customers to further address next-generation ECM by optimizing current investments as the backbone for new business models. Latest Enhancements: Productivity, Efficiency, and Agility. The portfolio of products provide best-in-class offerings to solve customer business and content problems: The latest Documentum 7.2 platform is the faster and most secure Documentum release ever, including Top Secret-level encryption (AES-256) for content in transit and at rest, and new storage certifications enabling storage management optimization within the software-defined data center. Documentum D2 4.5 and Documentum xCP 2.2 deliver more agility and drive productivity for developers and administrators in deploying new solutions across various industries. xCP offers increased functionality for migrations and upgrades, and D2 offers an enhanced user experience with improvements to approval processes and new ways to find documents quickly. Captiva 7.5 offers distributed capture, extending Captiva's capture capability to branch offices with a more simplified user interface 'while enhancing image recognition and mobile development kits. This latest release is built around mobile use cases and features real-time Rest services. Documentum Asset Operations Mobile 1.1 extends the functionality of EMC Documentum Asset Operations, enabling maintenance and operations workers to view and submit field queries, and access critical information, such as SOPs and work orders via an iPad. The latest enhancements position information clearly as the currency of the digital business with the ability to easily and securely exchange information with the extended enterprise including customers, partners, suppliers, and remote employees anytime, anywhere, and via any device.
EMC Corporation Provides Earnings Guidance for the Year 2015
Apr 30 15
EMC Corporation provided earnings guidance for the year 2015. Consolidated revenues are expected to be $25.7 billion for 2015. Consolidated GAAP operating income is expected to be 13.5% of revenues for 2015 and consolidated non-GAAP operating income is expected to be 21% of revenues for 2015. Consolidated GAAP earnings per weighted average diluted share are expected to be $1.23 for 2015 and consolidated non-GAAP earnings per weighted average diluted share are expected to be $1.91 for 2015. The consolidated GAAP income tax rate is expected to be 22.6% and the consolidated non-GAAP income tax rate is expected to be 23.6% for 2015. Consolidated net cash provided by operating activities is expected to be $5.7 billion for 2015 and free cash flow is expected to be $4.1 billion for 2015.
EMC Corporation Announces EMC Syncplicity Add-in for Outlook
Apr 30 15
EMC Corporation announced that the EMC Syncplicity Add-in for Outlook, will be generally available on May 31, 2015, allowing users to securely and easily send files and folders of any size directly from Outlook without changing the way they work. The Add-in drives business value by allowing users to collaborate with large files using email, which has previously been challenging at best. It also empowers organizations to dramatically reduce the infrastructure costs associated with email attachments. Key benefits and features: Enhances productivity by allowing files and folder of any size to be sent without any restrictions. Simplifies management with granular group-based policies based on sensitivity of content. Reduces storage costs dramatically by eliminating storage overhead and removing multiple copies of the same file. Increases security over internally and externally shared files with password protected links, link expiration and rights management controls. In addition to the Outlook Add-in, Syncplicity announced that the Syncplicity iOS app will integrate with the Microsoft Word, PowerPoint and Excel apps for iOS towards the end of May 2015. This integration allows users to access Syncplicity files from within Microsoft Office apps and save them back into Syncplicity. IT administrators can still use "open-in" restriction policies at group level to prevent any data leakage from Syncplicity's secure container.
EMC Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Consolidated Earnings Guidance for 2015
Apr 22 15
EMC Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net income attributable to the company of $252 million or $0.13 per basic and diluted share compared with $392 million or $0.19 per basic and diluted share a year ago. Revenues were $5,613 million against $5,479 million in the same quarter last year. Operating income was $379 million against $645 million in the same quarter last year. Income before provision for income taxes was $373 million against $571 million in the same quarter last year. Net cash provided by operating activities was $1,080 million against $1,338 million in the same quarter last year. Additions to property, plant and equipment were $197 million against $275 million in the same quarter last year. Non-GAAP net income attributable to the company was $623 million or $0.312 per diluted share compared with $728 million or $0.35 per diluted share a year ago.
The company provided consolidated earnings guidance for 2015. For the year, revenues are expected to be $25.7 billion. GAAP operating income is expected to be 13.5% of revenues and non-GAAP operating income is expected to be 21.0% of revenues. GAAP earnings per weighted average diluted share are expected to be $1.23 and non-GAAP earnings per weighted average diluted share are expected to be $1.91. Net cash provided by operating activities is expected to be $5.7 billion and free cash flow is expected to be $4.1 billion.
EMC Corporation, Q1 2015 Earnings Call, Apr 22, 2015
Apr 9 15
EMC Corporation, Q1 2015 Earnings Call, Apr 22, 2015