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STORY HIGHLIGHTS

  • The Research & Development Center in Rio de Janeiro will be EMC’s oil and gas industry innovation hub worldwide.
  • The new building will house more than 80 researchers, an Applied Research Center, Solution Development Laboratories, and an Executive Briefing Center.
  • The Center has been operating through construction since 2011, focusing on projects aimed at generating disruptive innovation.

RIO DE JANEIRO, MAY 14, 2014 — /BackupReview.info/ — EMC Corporation (NYSE: EMC) today inaugurated the permanent headquarters of its big data research & development center, the “Richard J. and Maureen E. Egan Research Center” in Brazil. The state-of-the-art building, located in the Rio Technology Park on Fund ã o Island in Rio de Janeiro, is part of EMC’s 2011 $100 million investment in Brazil, and will be the company’s innovation hub for the oil and gas industry.

Named for EMC co-founder Dick Egan and wife, Maureen, the center embodies the same focus that Egan drove into EMC since founding the company in 1979 – innovation on a global scale. Egan believed that successfully interlocking with other cultures and utilizing talent from around the world would yield a culture built with an innovative mindset. The center aims to honor the Egan legacy with disruptive innovation at the global level.

EMC’s initial research focus is on the challenges faced by the oil and gas industry related to the acquisition, mobility, analysis, collaboration and visualization of the geophysical, geological, engineering and business data used through the sector’s life cycle. The center in Brazil will coordinate EMC’s worldwide activities for discovering new technologies and solutions for this industry.

EMC’s building on Fund ã o Island, which covers 35,000 sqft, has four floors and will host more than 80 researchers, and houses an Applied Research Center, Solution Development Laboratories, and an Executive Briefing Center. Space has also been allocated for developing joint research projects between EMC and its customers and partners. The building was designed to comply with LEED (Leadership in Energy and Environmental Design) standards, and includes sustainable elements in energy efficiency, water conservation and green areas.

The R&D Center, which has been operational through construction, is currently working on various projects aimed at generating innovation. Initiatives focus on data mobility, cloud computing and big data technology applications, as applied to the oil and gas industry. Projects currently underway at the center concentrate on optimizing I/O platforms within seismic processing environments (HPC); predictive analytics technologies that integrate historical and real time data used in drilling oil wells, production and logistics operations; visualization and collaboration at extreme distance for interpretation workflows (between continents); and loss-less seismic data compression technologies. Initial results of these projects have already been converted into intellectual property registered in Brazil and the US.

Several research and development partnerships have also been established with local and multinational companies, as well as universities such as Federal University of Rio de Janeiro (UFRJ ) and Fluminense Federal University ( UFF ), and government entities. EMC’s R&D Center is also one of four research centers in Brazil participating in the Ministry of Science, Technology and Innovation’s ( MCTI ) Strategic IT Software and Services Program.

The inauguration ceremony, which took place this afternoon during the Big Data Summit in Rio de Janeiro, and included top EMC executives Brian Gallagher, President of the Enterprise and Mid-Range Systems Division, Joel Schwartz, Senior Vice President and General Manager, Global New Business Development, and Karin Breitman, leader of EMC’s Big Data R&D Center in Brazil.

“The Big Data R&D Center reinforces EMC’s commitment to using big data to better understand areas of opportunity and generate new technologies for the oil and gas industry. Our continued investment in Brazil to develop IT solutions that can be used by a global industry will benefit our customers around the world,” said Brian Gallagher, President of the Enterprise and Mid-Range Systems Division at EMC.

“Today, EMC is seen as one of the most innovative companies in the world, with 12% of our revenue invested in new technologies annually. With the Big Data R&D Center, we’re taking yet another step in this journey towards positioning EMC as a prominent player in the innovation happening within the oil and gas industry,” said Joel Schwartz, Senior Vice President and General Manager, Global New Business Development for EMC.

“As we inaugurate the EMC Center on Fund ã o Island, we can now expect to discover disruptive technologies in the country. Harnessing the local talent and the union between industry and academia is fundamental to each of our projects. Surrounded by an ecosystem consisting of companies focused on oil and gas, oil field services, engineering and start-ups within the Technology Park, EMC is well positioned to offer new insight and innovation to this global industry,” says Karin Breitman, leader of EMC’s Big Data R&D Center.

EMC IN BRAZIL
EMC started operations in Brazil in 1996. This was followed by manufacturing and R&D in 2008 . In 2011 the company announced plans to open a new R&D Center that would focus on Big Data analysis for the oil and gas industry, as part of its investment of $100 million over five years in Brazil. EMC also works actively with the main Brazilian universities, 90 of which are EMC Academic Alliance partners. The company has offices in São Paulo, Rio de Janeiro, Brasília, and other cities.

ABOUT EMC
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.

EMC is a registered trademark or trademark of EMC Corporation in the United States and/or other countries.

Forward-Looking Statements
This release contains “forward-looking statements” as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (iv) competitive factors, including but not limited to pricing pressures and new product introductions; (v) component and product quality and availability; (vi) fluctuations in VMware, Inc.’s operating results and risks associated with trading of VMware stock; (vii) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (viii) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (ix) the ability to attract and retain highly qualified employees; (x) insufficient, excess or obsolete inventory; (xi) fluctuating currency exchange rates; (xii) threats and other disruptions to our secure data centers or networks; (xiii) our ability to protect our proprietary technology; (xiv) war or acts of terrorism; and (xv) other one-time events and other important factors disclosed previously and from time to time in EMC’s filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.

PRESS CONTACTS
Media relations – EMC Brasil:
CDI Comunicação Corporativa
Kelly Bassi/ Sheila Leite/Diva Gonçalves
55 11 3817-7935/ 55 11 3817-7953
kelly@cdicom.com.br | diva@cdicom.com.br

Source: EMC

 

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