Filed by Denali Holding Inc.
Pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
of the Securities Exchange Act of 1934
Subject Company: EMC Corporation (Commission File No. 1-09853)
|||The following is a transcript of an interview given by Michael Dell, Chairman and Chief Executive Officer of Dell, at the Dell World 2015 Technology Conference, which was made available on the Dell website.|
Bob ODonnell: Hi, and welcome back to Dell World Live. Im Bob ODonnell, President and Chief Analyst with TECHnalysis Research, and Im extremely pleased and proud to be joined by the man himself, Mr. Michael Dell, the Chairman and CEO of Dell. Welcome, Michael.
Michael Dell: Thank you, Bob. Great to be with you.
Bob ODonnell: So obviously an incredibly exciting time, and I was just kind of joking with you beforehand, you know Ive known you and chatted with you several times in the past, and there is an energy around you now that, you know its been there, but theres that extra little thing. It just seems like with the move to public, I mean to private, excuse me, and obviously the news from last week. Youre really on a roll. I mean how does it feel to be Michael Dell these days?
Michael Dell: Well, Im excited about what were doing. You heard in my keynote we have incredible capabilities as a company and as we combine that together with EMC, VMWare and all the incredible innovation thats going on, I feel were really well positioned to help our customers, and thats the journey that Ive been on for 32 years. You know this is just the most fun that I should be allowed to have. So, you know I really am having a great time.
Bob ODonnell: Thats great. Well, you know one of the things that hit me, and I was talking to a reporter yesterday after the press conference, you know as a company this size of the combined entity, youre going to be in a position- not that you havent been in the past- but to really drive the IT agenda. As Dell you were driving some of those things, but as this combined entity, the single end-to-end solutions provider as you talked about, you know you will be setting those trends. So, my question based off of that is What are those key trends that, you know, Dell is going to be setting the agenda for over the next 10 years?
Michael Dell: I think the big ones that I see are the ones I highlighted. I think the digital transformation is huge. IT sort of moving into the business technology.
Bob ODonnell: Right.
Michael Dell: And you there are a number of enablers there. Right. Its the software defined data center. Its the converged infrastructure. Mobility. All the explosion of mobile devices as well as all the sensors and embedded technology. And then of course all this has to be secure. So, I think those are the big drivers. Certainly the deal with transformation is the biggest one of all, right? Because it affects how every company is going to deliver products and services and you know the amount of data information
thats going to be created. You know, IT is sort of moving definitely from the back room to its center stage. Its the CEO agenda. Its the business line and management agenda. Its how they grow and evolve their companies and if they dont you know its game over. So, its very exciting time.
Bob ODonnell: So one question I did want to ask you thats been talked about is big IT trend thats potentially a challenge for Dell is around mobility. Obviously youre not going to get into the business of selling handsets, and that makes perfectly logical sense. So, how does Dell incorporate those mobility developments into what its doing as well?
Michael Dell: Well, I think you know were in the device business. You know we focus on tablets and PCs. There is an explosion in devices beyond tablets and PCs. Certainly smart phones, but also this internet of things is this huge, you know, potentially even much larger number of devices. For mobile, you know were very focused and have been for some time on securing the information, and the addition of VMWare AirWatch gives us the leading mobile device management platform, the fastest growing. Thats a great way to help customers secure their data. Another interesting thing is you know you heard from InMobi on stage. Now theres a company that as it grows it needs more compute infrastructure and data center capability. When you buy a new smart phone, it has nothing on it. And everything you put on your smart phone comes from a data center. And you know, it you know, and everything you create on your smart phone probably goes back to a data center. So our customers out there, whether its DropBox or Uber, or millions of others, the mobile internet is driving huge demand for infrastructure.
Bob ODonnell: So, and related to that, I thought some of the announcements you made there at the end with Satya around the ability of people to try out some of these opportunities of a hybrid cloud to address these kinds of opportunities, what a lot of people are looking at for mobile solutions in particular I thought was particularly interesting because lets be honest, its been a challenge for a lot of companies especially the larger organizations to figure out how they make that transition, and theyre dealing with the pressure to move to public cloud. You talked about the work loads and the percentage thats there so to me i think that is a very interesting opportunity that Dell is enabling.
Michael Dell: Yeah, I mean how do you go from the second platform to the third platform? Theres a discussion of you know 2.5 platform. I think at the end of the day theres no question that there is going to be a combination. Right? Theres going to be a public cloud, software as a service, on premise and this idea of the hybrid cloud is really where I think the action will be.
Bob ODonnell: Right. And the reality is, and you addressed this as well, i think theres this perception that public cloud means theres absolutely nothing you know Dell has to do with it when in point of fact, a lot of these big public cloud folks are customers of yours as well.
Michael Dell: Sure. Yeah, and you know the idea that everything goes to the public cloud is something I heard a few years ago. It reminds me of the PC is dead. Right? So, this is sort of a one sentence sound byte, right? for people who dont understand the way IT really works. And so I just dont believe it. And you know we talked on stage about workloads. If you look at enterprise workloads, youve got like a 160 million of them, 10-15 million are in the public cloud. The vast majority of them are virtualized on premise. Theres also some on premise physical servers that remain where they havent been virtualized. Of those that are virtualized, the vast majority of those, in terms of high value, are virtualized with VMWare and VSphere. And so we feel that the strategic position that we have in this move to the hybrid cloud is incredibly strong.
Bob ODonnell: And you know that brings up another interesting issue. You know traditionally every
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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