EMC Corp to invest $2 bn in India by ’14 | business | Hindustan Times
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EMC Corp to invest $2 bn in India by ’14

EMC Corporation, which specialises in data storage facilities, on Friday said that the company plans to invest $2 billion (Rs 10,600 crore) in India by 2014. Shrenik Avlani reports.

business Updated: Nov 18, 2011 22:43 IST
Shrenik Avlani

EMC Corporation, which specialises in data storage facilities, on Friday said that the company plans to invest $2 billion (Rs 10,600 crore) in India by 2014.

Stressing the emergence of India as a ‘big analaytics’ powerhouse, Chuck Hollis, vice-president, global marketing, EMC Corp, said that the country will produce the maximum big data analytics researchers in future. “Though big data analytics hasn’t really arrived in India, given the education environment and the human capital of India, the country will produce the maximum big data analytics researchers.”

Big data analysis is the mining of huge amounts of data generated within and outside the organisation through clickstreams, sensor data, log files, mobile data to arrive at facts that can impact businesses.

EMC, a big player in cloud computing, also expects Indian companies to invest in accelerating transition to cloud and big data models.

Cloud computing allows people to use applications without installation and access their personal files at any computer with internet access.