EMC has recently announced its decision to invest an incremental
USD $1.5 billion in India over the next five years (2010-2014). The
announcement also marks the opening of the company’s largest
R&D center outside U.S in Bangalore, India.
The new state-of-the-art LEED Gold green certified facility
joins together research and development (R&D) and EMC Global
Services organizations from four separate locations across two
cities into one campus to form a centralized Centre of Excellence
(COE) in India. The new campus is nearly three times larger than
the previous facility with almost 500,000 square feet of usable
office space and also features a state-of-the-art Customer Briefing
Center which will enable customer and partner briefings by the EMC
India COE technical teams.
"India offers tremendous opportunities in innovation and market
potential," said David Goulden, Executive Vice President and Chief
Financial Officer, EMC. “In these economic times leaders get
stronger by their ability to make smart investments. Our
commitment of $1.5 billion over the next five years illustrates the
important role India will play in the company’s long-term
strategic APJ and global growth plans. The India COE will be
responsible in helping EMC deliver more innovative,
industry-leading products and services in the hottest technology
areas in IT that meet our customers’ most pressing
needs.”
Sarv Saravanan, Vice President and Managing Director, India
Centre of Excellence, EMC re-iterated this view by describing the
investment as an important milestone in EMC’s journey
to have world-class R&D and services organizations located in
India. He further explained that the new campus will provide a
state-of-the-art facility that will help EMC attract quality talent
to drive innovation and growth out of India. The consolidation of
EMC’s R&D, Global Services and other technical groups
into one location would provide increased value to both EMC’s
customers and partners.