NEW YORK, NY AND HOPKINTON, MASS, - March 16, 2016 -
EY and EMC (NYSE: EMC) today announced a strategic alliance to bring clients leading tools and service offerings to help accelerate return on investment and build greater confidence in their strategic initiatives and technology implementations.
The alliance provides for collaboration, co-innovation, joint offerings and various activities across relevant EMC product lines and EY practice areas. These include hybrid cloud enablement, data center network virtualization and segmentation, enterprise mobility management, governance risk & compliance (GRC), and cybersecurity services, among others.
EY firms have a successful history working with EMC to provide sector-focused capabilities to clients across multiple industries. One such offering is EY’s Insurance NexusTM, a strategic technology and services offering helping insurance carriers migrate core insurance operations and support functions to the cloud.
As part of this alliance, EY and EMC today announced an offering which protects company data from cyber-attacks. This offering, called Isolated Recovery, combines cyber, business impact analysis, resiliency services and technology capabilities from both EMC and EY firms to secure vital company data. The Isolated Recovery offering provides an environment and workflows to stage data in an isolated recovery zone, along with processes for monitoring the integrity of data and procedures for recovery and remediation.
Mark Weinberger, Global Chairman and CEO, EY
“This alliance, which builds on years of collaborative experience, combines our knowledge of business operations with EMC’s experience in the technical environment in which our clients operate to deliver a powerful proposition. Working together as an integrated team, combining advisory services and innovative products, we will be able to connect on both existing and future initiatives to help our clients maximize their technology investments and drive better business outcomes. The alliance will further expand EY’s digital capabilities and range of services offered to clients.”
Jay Snyder, Senior Vice President, Global Alliances, EMC Corporation
“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. Additionally, we are focused on a set of industry specific offers leveraging EY's deep knowledge and our platforms to deliver business contextual solutions for our clients and incremental revenue to both companies.”
EMC and its Federation of companies provide information security, virtualization, analytics, cloud computing and data storage technologies that rank among the industry leaders. EMC’s broad portfolio of technologies, coupled with high market growth presents a unique opportunity to expand EY’s Advisory services capabilities.
Francis J. Nemia, Global Sponsor of the EY/EMC Alliance, EY
“The EY and EMC alliance allows us to assist companies with a controlled and secure approach to accelerating the IT investments which they have made to improve their businesses. This is about helping companies address the challenges they face in highly competitive -- and in many cases highly regulated – industries.”
For more information about EY’s strategic alliance with EMC, visit www.ey.com/ey-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.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
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This news release has been issued by Ernst & Young LLP, a member of the global EY organization that provides services to clients in the US.