One way the end users are exercising their rights is by demanding performance improvements at the lowest price from the best suppliers regardless of who manufactured the original processor. ![]() The realization that the users are Customers with all the rights to which Customers are entitled has become widespread. ![]() …the increased competition for new business has created an attitude of user independence that heretofore did not exist. In their letter to shareholders in EMC’s first annual report, Dick Egan and Roger Marino analyzed the shift in buying behavior and customer expectations driving EMC’s success: Revenues for 1986 were $66.6 million (up from $33.3 million the year before) and income was $18.6 million (up from $7.5 million), with 400 employees. These guys that worked for me were smart athletes, and they went out and killed” (quoted in Boston magazine, November 2003).Īpril 1986 EMC goes public on Nasdaq, raising $30 million. Roger Marino, who is credited with developing EMC’s assertive sales force, knew where to find motivated recent college graduates who were also good team players: “I hired guys I liked. They also sell computer memory for DEC’s PDP-11 and other companies’ minicomputers.ġ981 On the suggestion of one of their customers, Egan, Marino and a handful of other engineers develop EMC’s first product, a Prime Computer minicomputer compatible memory, offering higher reliability and capacity at half the price of Prime’s comparable product.ġ983 EMC continues on the successful path of using Intel’s standard components to develop compatible solid state memory products for DEC VAX and Wang Laboratories minicomputers. Like other entrepreneurs they wanted to be their own bosses, but without an idea or a plan for a product, they initially sold office furniture.ġ980 Egan and Marino become New England representatives for Intel, selling the company’s product line and renting out microprocessor development systems. EMC was founded in August 1979 in Massachusetts and went through three distinct eras: The Dick Egan and Roger Marino era when it successfully developed and sold computer memory systems the Moshe Yanai and Mike Ruettgers era, when it developed (Yanai) and sold (Ruettgers) high-end, disk-based computer storage systems (hardware and software) and the Joe Tucci era, continuing EMC’s tradition of focused execution and sales excellence, while relying mostly on a long string of acquisitions for innovation and diversification.Īug43-year-old Dick Egan and 40-year-old Roger Marino quit their jobs and the former college roommates incorporate EMC in Massachusetts.
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