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E20-060 - EMC Technology Foundations (R) Business Continuity - BrainDump Information

Vendor Name : EMC
Exam Code : E20-060
Exam Name : EMC Technology Foundations (R) Business Continuity
Questions and Answers : 332 Q & A
Updated On : January 21, 2019
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E20-060 exam Dumps Source : EMC Technology Foundations (R) Business Continuity

Test Code : E20-060
Test Name : EMC Technology Foundations (R) Business Continuity
Vendor Name : EMC
Q&A : 332 Real Questions

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EMC EMC Technology Foundations (R)

EMC World Day 2 - New EMC technologies to aid shoppers Modernize their enterprise | killexams.com Real Questions and Pass4sure dumps

news Highlights:

  • Cloud computing and modern software construction recommendations are transforming industries and delivering radically improved customer experiences

  • To reply, more traditional agencies are modernizing their IT for more advantageous speed, efficiency and agility while also investing in new modern facts middle architectures to guide them
  • EMC nowadays launched a couple of new technologies to lay the groundwork for these initiatives

  • Full Story:

    EMC business enterprise (NYSE:EMC) today introduced new foundational offerings designed to assist and accelerate purchasers’ digital transformation initiatives and tackle the four major pillars of the modern facts core – flash, scale-out, software-described and cloud-enabled. New choices encompass the brand new Native Hybrid Cloud™ (NHC™) platform and predominant updates to DSSD™ D5™.

    New technology-centric corporations born in the digital era are leveraging cloud computing, up to date software construction innovations and an array of sensible connected contraptions to enter and disrupt almost each business, supplying radically stronger buyer experiences. To respond, extra typical organizations must re-kindle innovation inside their personal IT teams and build out new contemporary records middle architectures to help them.  These architectures and infrastructure are very distinctive from what resides in most IT environments these days. EMC government Quote:

    David Goulden, EMC information Infrastructure CEO“there is an explosion of facts from related wise instruments as sensors and telemetry are being developed into each product possible. To compete within the up to date digital economic system, agencies are embarking on digital transformations to take advantage of this ever-increasing quantity of statistics. the brand new EMC applied sciences announced these days are designed exceptionally to underpin these enterprise modernization initiatives.” EMC World Day 2 news Highlights: 

  • The latest addition to its cloud options portfolio, Native Hybrid Cloud (NHC) is an engineered turnkey developer platform for cloud-native application development and deployment.  (information free up here)
  • the brand new means to stripe two DSSD D5 systems together in a single rack to convey 2X the IOPS, bandwidth and potential, 1/three the latency and a decrease TCO than the quickest converged solution for Oracle databases out there these days. also new these days is VCE VxRack gadget with DSSD, a completely-engineered storage, networking and compute gadget that gives consumers with a single pre-configured, optimized solution for his or her excessive-performance databases and data warehouses. (news release right here)  
  •  New Digital enterprise Transformation Survey outcomes

    There is no doubt that the force toward digital transformation is changing industries and enterprise fashions. based on an EMC-commissioned survey carried out by way of Vanson Bourne: 

  • fifty two% of four,000 company leaders surveyed across 16 nations say that on account of digital applied sciences, they've skilled big disruption in their industries1
  • forty eight% of the respondents say they don’t understand what their trade will seem like in three years’ time1
  • sixty two% of respondents say they have witnessed new aggressive entrants into their industries on account of digital initiatives1, and
  • 56% cite consumer demand as a driving force at the back of the need to digitally transform1
  • As exterior pressures proceed to speed up, to increase their digital business transformation: 
  • seventy three% of corporations agree that a centralized expertise approach needs to be a priority1, and
  • 66% are planning to put money into IT infrastructure and digital competencies leadership1.  
  • About EMC

    EMC organisation is a worldwide leader in enabling companies and repair suppliers to transform their operations and carry IT as a provider. basic to this transformation is cloud computing. through inventive products and capabilities, EMC hastens the journey to cloud computing, assisting IT departments to keep, manage, give protection to and analyze their most valuable asset — advice — in a extra agile, depended on and low cost method. more information about EMC can also be discovered at www.EMC.com.  EMC, D5, DSSD, Native Hybrid Cloud,, and NHC are emblems or registered emblems of EMC enterprise within the u.s. and/or different nations. All other marks used are the property of the respective owners. VCE, VxRack, and the VCE logo are registered logos or logos of VCE business LLC. 1 Vanson Bourne survey of four,000 business leaders across sixteen countries from mid-dimension to enormous organisations, basically drawn from 12 industries. Respondents had been chosen in accordance with job characteristic (from company homeowners to choice-makers in advertising, customer service, R&D and finance and so on.). the complete analysis might be launched in summer time of 2016.


    Is the Dell/EMC Merger first rate or dangerous for Storage? are trying both | killexams.com Real Questions and Pass4sure dumps

    As all and sundry who doesn't live below a rock knows through now, Dell and EMC have signed a definitive contract for Dell to acquire EMC. The deal is multi-billions of greenbacks ($sixty seven billion to be actual). Privately owned Dell is wealthy but no longer that wealthy, so Michael Dell partnered with MSD partners and Silver Lake to get the vital money.

    this article will pay attention to the storage element and the way this certain merger looks to have an effect on the enterprise storage market and most significantly, mid-market storage. All informed there could be loads of customer angst and subsequent hair pulling over all of sudden unsupported storage products. The cost of migrating statistics onto new storage lines will even be a consumer inflammation, exceptionally if they suppose compelled emigrate years earlier than they anticipated to.

    The Synergies: It’s not all bad

    1. enterprise platform. Dell’s mentioned reason for purchasing EMC, and certain its basic motivation, is EMC’s primacy in commercial enterprise storage. however Dell is not just purchasing a large client base; it’s additionally smoothing the way in opposition t a complete enterprise platform for the supplier, the place the information infrastructure is built on the Dell-centric statistics core with instant entry to Dell-controlled deepest and hybrid clouds.

    https://o1.qnsr.com/log/p.gif?;n=203;c=204655439;s=10655;x=7936;f=201806121855330;u=j;z=TIMESTAMP;a=20400368;e=i

    2. Dell-controlled clouds. speakme of clouds, they're a important part of Dell’s commercial enterprise platform plan. in this imaginative and prescient, the corporate data middle becomes the groundwork of the business computing stack, whereas the cloud turns into an extension of the statistics core. The cloud becomes a failover web site, a mega-scalable compute and storage aid, records management off-load, and a prosperous part of the whole business stack. The remaining component that Dell needs is to lose all of this prosperous business to the hyper-scaled public clouds; Dell should supply and/or manage deepest and hybrid cloud offerings to the commercial enterprise.

    three. DSSD flash expertise. It is no secret that one of the crucial causes Dell obtained EMC is for its stealth DSSD expertise. each Dell and EMC present all-flash arrays (AFA): Dell with Dell Storage SC4020 AFA configurations and EMC XtremIO. however EMC has ace in the gap: DSSD. EMC snapped up tremendous secret startup DSSD in 2014. Observers file that it radically hastens efficiency using NAND chips, which former DSSD vp bill Moore termed “face-melting efficiency.” EMC is using DSSD expertise to build an creative new all flash array. No items have shipped as yet, but Michael Dell discovered it sufficiently exciting to remark on DSSD all the way through an interview on the acquisition.

    4. HPC. There are additionally first rate matches between the high efficiency computing traces. as an example, Dell recorded the number-one income shares for prime efficiency servers, while EMC recorded number-one revenue shares for high performance storage. The melding of product strains in HPC environments will be of immediate improvement.

    5. Hyperconvergence. however Dell and EMC storage items will compete, Dell’s server company will benefit. here is a time when different agencies are spinning off or closing server agencies: HP is splitting into two and IBM spun out Lenovo. instead, Dell bought the area's greatest storage business to fill out its commercial enterprise storage offerings and – i suspect – to launch a hyperconverged line. Dell would now personal the storage and server accessories, and will be the main investor within the hypervisor.  That places Dell in an excellent place to seize robust market share in the very sizzling hyperconvergence segment.

    The now not-So Synergistic: Storage

    All of these supposed synergies are very neatly, and as a minimum a few of them should be a hit in the commercial enterprise market. youngsters we can not say the equal about storage whose simple market is mid-sized enterprise.

    Let’s study some storage heritage. Dell and EMC are hardly strangers: at one time, Dell’s partnership with EMC represented 50% of Dell’s storage revenues, most of it because of CLARiiON. but Dell had distinct ideas going forward and dissolved the storage partnership in prefer of investing billions in storage R&D. Dell achieved a good deal of success in promoting storage to the mid-range, due to providing subtle functionality at a mid-market expense. What it lacked became a great foothold within the rarer environment of the commercial enterprise.

    The Dell storage products in query encompass Dell Storage SC/Compellent SAN and NAS, Dell Storage PS/EqualLogic for prime performance storage, the DR4000 and DR4100 backup appliances, and the OEM’d PowerVault MD. (Dell initially OEM’d the line from LSI Engenio, and now from NetApp as NetApp received the Engenio division.) EMC’s mid-market storage includes Isilon scale-out NAS, VNX for file and block, and facts area dedupe. VMAX (Symmetrix) is in the mix of route, but with its amazing enterprise base I predict Dell to develop the EMC flagship product.

    linked facts insurance policy items are also in the aggressive arena. essentially the most obvious collision trajectories are EMC Networker vs. NetVault, and Dell AppAssure vs. sworn enemy Avamar. other records insurance plan items might no longer compete head-to-head however the merged enterprise will nonetheless need to decide where to spend R&D and advertising and marketing money. These choices will have an effect on items like vRanger, VPlex, RecoverPoint, and more.

    None of this is going to turn up immediately but storage shoppers feel in the long term. in the event that they have simply purchased a storage system with a 5-year lifespan – or are about to – have they made an expensive mistake? 5 years is a long time for Dell to sustain a building roadmap and support personnel, chiefly in the event that they plan to lay off the engineers and entrepreneurs who're skilled on the product line.

    Neither enterprise did this for their storage shoppers, gushing press releases despite the fact that. Now, no business is going to deliberately alienate colossal portions of their customer base into the foreseeable future. that is foolish, and neither enterprise is foolish. Dell believes that any brief-term loss in earnings and consumers may be more than made up for by way of future boom. possibly they’re appropriate. but the number of smaller and extra nimble opponents are already obtainable and they will handiest improvement from the merger. Dell can be scrambling to preserve its business consumers – or extra to the point, EMC’s.

    more than Storage

    The deal is greater than storage of path. Between them, both businesses have their fingers in cloud, networking, content, end point, server, protection, and virtualization pies. And VMware isn't the best different company within the combine: RSA protection is yet another. Dell will must plan for all of it. yet another issue is how widespread the merger’s influence in fact is. The merger will deeply influence Dell and EMC and also the consumers, and may probably advantage competing storage carriers. Channel companions will also be deeply affected.

    Why did EMC promote? The handiest individuals who recognize for bound are Michael Dell and Joe Tucci, EMC’s board, the good traders, and perhaps some very, very senior executives. It is right that EMC’s September 2015 quarter profits were weaker than the analysts expected them to be, and true that EMC has been gradual to leap on nimble storage choices and the bendy cloud. Dell has its personal cloud gaps, yet they chose big increase over diminishment.

    The truth is that we do not know what decisions Dell will make; Dell can also now not even know yet. What we do know is that Dell should carefully tackle customer expectations and frankly, resentments. Dell is inner most and needn't hit analyst expectations as EMC had to, however they're also in big debt over the acquisition. They can't have the funds for a large-scale mutiny on the part of many lots of information core managers who will now turn to creative rivals for his or her storage. Dell needs to solid the imaginative and prescient for these consumers: that converged information centers, virtualization and the cloud can turn short-term storage ache into long-time period benefit.


    EMC to Open Cloud and large information R&D middle in Russia | killexams.com Real Questions and Pass4sure dumps

    EMC company announced it plans to establish an R&D middle in the Skolkovo basis’s Innovation Hub in Russia that allows you to center of attention on development of cloud infrastructure solutions and large data analytics technologies for Bioinformatics and power efficiency.  

    EMC also plans to collaborate on research tasks in these and different areas with Russian universities, executive agencies, and local and multinational businesses within the Skolkovo community. the brand new EMC facility should be found on the Skolkovo Innovation center and may work in shut cooperation with EMC’s latest R&D core in St. Petersburg. The contract changed into signed nowadays in Moscow by way of Joel Schwartz, EMC’s Senior vp, and Viktor Vekselberg, Skolkovo groundwork President.

    The Skolkovo basis is a non-earnings corporation focused on organising an innovation hub to stimulate inventive entrepreneurship that will benefit Russia and the international economy. Skolkovo’s intention is to leverage Russia’s materials in the container of modern utilized research and create a good environment for undertaking scientific trends in 5 priority areas of technological construction: power engineering and power efficiency, area, bioinformatics, nuclear and desktop technologies.

    In Skolkovo, EMC plans to in the beginning center of attention on constructing cloud infrastructure and big statistics analytics solutions for:

    • Bioinformatics – Cloud and big statistics analytics technologies on the way to enable the look at of better quantities of organic information, at a far better precision and in shorter periods of time, to accelerate developments in personalized medication. These applied sciences are expected to be applied to molecular medication, pharmaceuticals, biomedicine, and industrial biotechnologies.

    • energy efficiency – huge records analytics equipment in order to give actionable intelligence from the large quantity of latest smart metering and smart grid information to benefit energy-producing infrastructures in Russia and the leisure of the realm.

    • Skolkovo Cloud Infrastructure: EMC also expects to be a know-how issuer for the Skolkovo community’s cloud infrastructure assisting organizations generating large quantities of records.

    EMC’s Skolkovo core may be a part of its world community of R&D centers working in Brazil, China, India, ireland, Israel, Singapore, and the united states. each center is focused on innovative analysis and building of EMC choices such as cloud, huge records, safety, virtualization, information management, and suggestions governance.

    Joe Tucci, Chairman & CEO, EMC service provider observed that EMC’s global R&D facilities are cultivating talent and facilitating collaboration with the best authorities on earth. the brand new center at Skolkovo could be EMC’s first to focal point on cloud and massive information applied sciences for Bioinformatics and power effectivity and our efforts there may absolutely seriously change the way information in these areas is analyzed and kept. we're proud to be a member of the Skolkovo group and appear forward to a vivid future in Russia.”

    Viktor Vekselberg, President, Skolkovo foundation pointed out that as a global chief in enabling its purchasers to keep, manage, give protection to and analyze facts, EMC is uniquely certified to support the Skolkovo group achieve highest effectiveness by working with their most valuable asset: advice.”

    EMC established its presence in Russia in 1993 and opened its St. Petersburg R&D core in June of 2007. EMC Russia employs a whole bunch of professionals and has offices in Moscow, St. Petersburg, Ekaterinburg, and Novosibirsk.   EMC also actively works with leading Russian universities, forty five of which, are EMC academic Alliance partners, including Lomonosov Moscow State school, national research Nuclear tuition (MEPHI), Bauman Moscow State Technical college, St. Petersburg State institution and many others. due to the fact 2000, EMC Russia has efficiently achieved thousands of  initiatives for native agencies from a number of industries, including monetary features and manufacturing, as well as for scientific institutions, telecom and scientific and public sector. EMC technologies are currently used through Russia’s ten leading telecom providers, fifteen of the twenty greatest banks, eight of the ten greatest insurance businesses and the ten largest steel businesses. In 2009 EMC became recognized by using the Federal assembly of Russia as the “optimal supplier in Russia.”




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    EMC Technology Foundations (R) Business Continuity

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    EMC Software Acquisitions on the Rise, Global Expansion Prominent | killexams.com real questions and Pass4sure dumps

    EMC announced today it would locate global R&D operation in Cork, Ireland, extending the workforce of 1,900 employees the company has in the Irish city, the first step being taken into this direction in 2008 by EMC. The company informed on the new project, EMC Research Europe, in partnership with certain European universities, trying to address the ‘mass consumerisation of IT in the enterprise world’.

    ‘The key battle will be to manage the scale of the data, not just about the consumerisation of data but from the perspective of enterprises’ capacity, business continuity and resilience. Therein lies the difficulty in developing the technology going forward. EMC’s global R&D centres play a vital role in helping the company explore the impact of new technologies. We’re looking forward to the insights our researchers at the Cork centre and other offices in the region will bring the company in collaboration with university partners in Europe,’ said Jeff Nick, EMC senior vice-president and chief technology officer.

    Last week we brought to your attention the security breach inside EMC’S security division, namely RSA, that happened three weeks ago. A week later, EMC announced the acquisition and integration within RSA of NetWitness, a network security software provider that will work closely with the RSA on identifying and combating security threats, malware and data leakage, under undisclosed terms. Once again, EMC proves that is not resting on its oars and is fully committed to offering high quality services.

    “Adding to NetWitness’s edge in its space are the company’s impressive analytic and visualization capabilities, which have recently expanded with malware analysis and insight that better informs security management” said EMA security analyst Scott Crawford.

    But EMC is not involved in B2B transactions only, but in B2C transactions as well. One of EMC’s adopted offsprings that joined the family in 2007, Mozy, launched last week a cloud storage app for iPad, iPod Touch and iPhone devices, promising an app for the Android OS in the next couple of weeks.

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    ABB announces that Hitachi will acquire ABB’s Power Grids business | killexams.com real questions and Pass4sure dumps

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    Fundamental actions to focus, simplify and lead in digital industries for enhanced customer value and shareholder returns

  • Focus of portfolio on digital industries through divestment of Power Grids
  • Divestment of Power Grids to Hitachi expands existing partnership and strengthens Power Grids as a global infrastructure leader with enhanced access to markets and financing
  • Enterprise Value of $11 billion for 100% of Power Grids, equivalent to an EV/op. EBITA multiple of 11.2x1
  • Crystallizing value from the transformation of Power Grids including doubling operational EBITA margin since 20142
  • ABB initially to retain 19.9 percent in the equity of carved-out Power Grids to ensure transition; pre-defined exit option on 19.9 percent equity at fair market value with floor price at 90 percent of agreed Enterprise Value, exercisable by ABB three years after closing
  • Closing expected by first half of 20203
  • ABB intends to return 100% of the estimated net cash proceeds of $7.6-7.8 billion4 from the 80.1% sale to shareholders in an expeditious and efficient manner through share buyback or similar mechanism
  • Simplification of business model and structure
  • Discontinuation of legacy matrix structure
  • Businesses will run all customer-facing activities as well as business functions and territories, fostering ABB’s entrepreneurial business culture
  • Businesses to be strengthened by transfer of experienced country management resources
  • Existing country and regional structures including regional Executive Committee roles to be discontinued after closing of the transaction
  • Corporate activities to be focused on Group strategy, portfolio and performance management, capital allocation, core technologies and ABB Ability™ platform
  • Shape four leading businesses aligned with customer patterns
  • All businesses global #1 or #2 in attractive growth markets:
  • Electrification led by Tarak Mehta
  • Industrial Automation led by Peter Terwiesch
  • Robotics & Discrete Automation, a unique combination of B&R and Robotics, led by Sami Atiya
  • Motion, combining ABB’s market-leading offering in motors and drives, led by Morten Wierod, appointed to Executive Committee as of April 1, 2019
  • ABB Ability™ tailored digital solutions will drive customer value in each business whilst capturing synergies through common platform
  • Actions position ABB with a leadership role in digital solutions, and evolving technologies such as artificial intelligence
  • Financial impact of new ABB
  • $500 million annual run-rate cost reductions across the group
  • Approx. $500 million non-operational restructuring charges
  • New financial framework post-closing defined
  • New group target framework
  • Capital allocation priorities unchanged
  • Dividend policy of rising sustainable dividend per share
  • ABB intends to maintain the level of dividend per share post close
  • ABB intends to maintain its long-term “single A” credit rating
  • Business targets and further financials to be disclosed with strategy update
  • Strategy update on February 28, 2019, in combination with the Q4 and Full Year 2018 results to provide further details on ABB’s new strategy, businesses and financials
  • “ABB has been driving industrial change for more than a century as a global pioneering technology leader. As a result of our Next Level strategy, all of our businesses are today number 1 or 2 in their respective markets. To support our customers in a world of unprecedented technological change and digitalization, we must focus, simplify and shape our business for leadership. Today’s actions will create a new ABB, a leader focused in digital industries,” said ABB CEO, Ulrich Spiesshofer.

    “Power Grids will strengthen Hitachi as global leader in energy infrastructure and Hitachi will strengthen Power Grids’ position as a global leader in power grids. With this transaction, we are realizing the value we have built through the transformation of Power Grids over the last four years. Our shareholders will directly benefit through the return of the proceeds of the divestment. Building on our existing partnership announced in 2014, the initial joint venture will provide continuity for customers and our global team.”

    “To compete in today’s fast-changing world, we fully empower our businesses, through the discontinuation of the legacy matrix structure ensuring zero-distance to customers and increasing our agility in decision-making. Our four newly shaped businesses, each a global leader, will be well aligned to the way our customers operate and focus stronger on emerging technologies such as artificial intelligence. The continued simplification of our business model and structure will be a catalyst for growth and efficiency in our businesses. Our businesses will be further supported through the transfer of experienced resources from today’s country organizations.”

    “All of this will only be possible due to the commitment of our global team who has made ABB what it is today. Our innovation power together with our inclusive culture will continue to be a differentiating strength of our company. We will live enhanced customer focus, provide attractive opportunities for our employees and deliver value for shareholders.”

    Peter Voser, Chairman of ABB, said, “Today´s announcement marks the beginning of a new chapter in ABB´s history. Building on our technology and global talented employee base we will further strengthen our focus in digital industries, delivering competitive returns for shareholders, including our committed dividend policy. Over the past five years the deliberate execution of ABB’s strategy laid the foundation for our businesses to compete in the fast changing digital industries and deliver profitable growth.”

    “We were very clear in the past that the actions required for the turnaround of Power Grids could be best achieved within ABB. Following completion of this step, we undertook a review of the Power Grids business and decided to secure the best home for the future development of the business through the combination with Hitachi. The new ABB will be positioned to write the future as a customer focused technology leader in digital industries.”

    Focus of portfolio on digital industries through divestment of Power Grids

    ABB announces today that Hitachi will acquire ABB’s Power Grids business, an expansion of its existing partnership with Hitachi. The agreed price represents a transaction Enterprise Value of $11 billion for 100 percent of Power Grids, the equivalent to an EV/op. EBITA multiple of 11.2x1, before share of corporate cost. ABB will initially realize a levered consideration of ~$9.1 billion from the sale of 80.1 percent of Power Grids, including pre-sale net leverage (intercompany loan net of cash transferred), before one-time transaction and separation related costs as well as cash tax impacts.

    In the fast-changing world of energy infrastructure, with a shifting customer landscape and the need for financing and increased government influence, ABB believes Hitachi is the best owner for Power Grids. As a stable and long-term committed owner, with whom ABB has developed a strong business partnership since 2014, Hitachi will further strengthen the business, providing it with access to new and growing markets as well as financing. Hitachi will accelerate Power Grids to the next stage of its development, building on the solid foundation achieved under ABB’s previous ownership.

    Since 2014, Power Grids has been significantly improved under the ownership of ABB. The latest results (Q3 2018) are at the target margin corridor, having more than doubled margins, with positive third party base order development recorded for the last six consecutive quarters.

    ABB will initially retain a 19.9 percent equity stake in the joint venture, allowing a seamless transition. The transaction agreement includes a pre-defined option for ABB to exit the retained 19.9 percent share, exercisable three years after closing, at fair market value with floor price at 90 percent of agreed Enterprise Value. Hitachi holds a call option over the remaining 19.9 percent share at fair market value with floor price at 100 percent of agreed Enterprise Value.

    The joint venture will be headquartered in Switzerland, with Hitachi retaining the management team to ensure business continuity.

    Starting in Q4 2018 until closing, ABB will report Power Grids in discontinued operations. As a consequence, ABB will record $350-400 million of stranded and other carve-out related costs, which are currently predominately recorded as part of the Power Grids cost base. These will now be recognized in ABB’s corporate & other operational EBITA. ABB expects to eliminate the vast majority of these costs by deal closing by transferring them back to Power Grids. ABB expects approximately $200 million of charges in Q4 2018 related predominantly to the legacy EPC substation business reported in non-core corporate & other operational EBITA.

    ABB expects to incur one-time non-operational transaction and separation related costs of $500-600 million. ABB anticipates $800-900 million related cash tax impact. The completion of the transaction is expected by first half of 2020, subject to regulatory approvals and fulfillment of closing conditions. ABB intends to return 100 percent of the estimated net cash proceeds of $7.6-7.8 billion5 from the 80.1 percent sale to shareholders in an expeditious and efficient manner through share buyback or similar mechanism.

    Simplification of business model and structure

    Effective April 1, 2019, ABB will simplify its organizational structure through discontinuation of the legacy matrix structure, thereby empowering its four leading businesses to serve customers even better, while further sharpening responsibilities and increasing efficiency.

    ABB’s new organization will provide each business with full operational ownership of products, functions, R&D and territories. The businesses will be the single interface to customers, maximizing proximity and speed.

    The corporate center will be further streamlined. It will set the long-term vision and strategy for the group, guided by ABB’s values. It will drive capital allocation, portfolio and performance management, core technologies ABB Ability™, ABB’s brand and investment in people. As a key building block of the simplification, existing country and regional structures including regional Executive Committee roles will be discontinued after the closing of the transaction. Existing resources from country level will strengthen the new businesses. ABB expects a total of $500 million annual run-rate cost reductions across the group over the medium-term. Approximately $500 million of related non-operational restructuring charges are expected to be taken over the coming two years.

    Shape four leading businesses aligned with customer patterns

    ABB will shape four customer-focused, entrepreneurial businesses – Electrification, Industrial Automation, Robotics & Discrete Automation and Motion. Each business will be either the global #1 or #2 player in attractive markets with strong secular drivers. ABB’s established domain know-how, world-class engineering and technology expertise, will position the four businesses well to deliver innovative products and solutions for enhanced customer value. ABB’s addressable market is growing by 3.5-4 percent per annum, adding $140 billion in size to reach $550 billion by 2025.

    Based on ABB’s common digital platform ABB Ability™, the businesses will provide tailored digital solutions, driving enhanced customer value. Building on emerging technologies including artificial intelligence and its strong software offering, ABB Ability™ will meet the increasing demand from ABB’s customers for digital solutions in the rapidly changing industrial world.

    Electrification – writing the future of safe, smart and sustainable electrification

    The existing business will provide a complete portfolio of innovative products, digital solutions and services from substation to socket. With a #2 market position globally, its addressable market is presently $160 billion and will grow on average around 3 percent per annum over the long-term. The Electrification business will have strong exposure to rapidly growing customer segments including renewables, e-mobility, data centers and smart buildings. The business will be led by Tarak Mehta, currently president of the Electrification Product division. The Electrification business would have generated approximately $13 billion of revenues in the twelve-month period to end September 2018, including an estimated revenue contribution across the period from GEIS, a business that was acquired June 30, 2018.

    Industrial Automation – writing the future of safe and smart operations

    The newly shaped business will offer a complete range of innovative solutions enabling customers to operate safe and energy-efficient processes with increasing autonomy. Industrial Automation will include ABB’s industry-specific integrated automation, electrification and digital solutions, control technologies, software and advanced services, as well as measurement & analytics, marine, and turbo-charging offerings. Industrial Automation will be #2 in the market globally. The addressable market of $90 billion is expected to grow on average by 3-4 percent per annum over the long-term. The business will be led by Peter Terwiesch, currently president of the Industrial Automation division. Industrial Automation would have generated approximately $7 billion of revenues in the twelve-month period to end September 2018.

    Robotics & Discrete Automation – writing the future of flexible manufacturing and smart machines

    The newly shaped business will uniquely combine machine and factory automation solutions, mainly from B&R, with the most comprehensive robotics solutions and applications suite in the market. The business will be #2 globally, with a #1 position in robotics in the important, high-growth Chinese market. The addressable market, already $80 billion in size, is anticipated to grow on average at 6-7 percent per annum over the long-term. The businesses digital solutions and services provide customers with enhanced safety, efficiency, up-time and speed, and cater to the growing customer demand for flexible and integrated manufacturing solutions. Robotics & Discrete Automation will be led by Sami Atiya, currently president of the Robotics and Motion division. Robotics & Discrete Automation would have generated approximately $4 billion of revenues in the twelve-month period to end September 2018.

    Motion – writing the future of smart motion.

    The business will provide customers with a comprehensive range of innovative electrical motors, generators, drives, and service, as well as integrated digital powertrain solutions. Motion will be the #1 player in the market globally, with the largest installed base in an $80 billion market that grows on average around 3 percent per annum. The business will be led by Morten Wierod, currently Managing Director Business Unit Drives. He will become a member of the Executive Committee effective

    April 1, 2019. Motion would have generated approximately $6 billion of revenues in the twelve-month period to end September 2018.

    Attractive financial profile

    ABB will demonstrate improved commercial quality of business, enhanced exposure to faster growing markets, with a greater emphasis on high value-add solutions, less large order volatility and more recurrent revenues through digital solutions, software and services.

    ABB’s investment proposition is reflected in a new medium-term group target framework:

  • 3-6 percent annual comparable revenue growth
  • operational EBITA margin of 13-16 percent
  • Return on Capital Employed (ROCE) of 15-20 percent
  • Cash conversion to net income of approximately 100 percent, and
  • Basic EPS growth above revenue growth
  • ABB would have generated revenues of approximately $29 billion in the twelve-month period to end September 2018, including an estimated revenue contribution across the period from GEIS, a business that was acquired June 30, 2018, and excluding Power Grids contribution.

    Capital allocation

    ABB’s sustained capital allocation priorities are unchanged, namely:

  • fund organic growth, R&D and capex to yield attractive returns
  • rising sustainable dividend
  • value-creating acquisitions
  • returning additional cash to shareholders
  • Following completion of the divestment of Power Grids, ABB intends to return 100 percent of the net cash proceeds6 to shareholders in an expeditious and efficient manner and execute a policy of a rising sustainable dividend. ABB intends to maintain the level of dividend per share post close and aims to maintain its “single A” credit rating long term.

    Strategy update

    ABB intends to host a strategy update alongside the Q4 2018 results. At the strategy update, ABB’s leaders and management teams of the four business areas will provide detailed overviews of their markets, strategies, businesses and targets.

    Revised dates

    In light of these fundamental changes, ABB will amend the announced dates for:

  • Q4 and FY 2018 results to February 28, 2019
  • Q1 2019 and the AGM to May 2, 2019
  • Credit Suisse AG and Dyal Co. LLC acted as financial advisors, and Freshfields Bruckhaus Deringer LLP as legal advisors, to ABB.

    More information

    For further information on today’s announcement, please see ABB.com/writing-the-future.

    ABB will host a press conference today starting at 10:00 a.m. Central European Time (CET) (9:00 a.m. BST, 4:00 a.m. EDT). The event will be accessible by webcast on https://swisscomstream.ch/abb/20181217/en

    ABB will host a conference call for analysts and investors, starting at 2:00 p.m. Central European Time (CET) (1:00 p.m. GMT, 8:00 a.m. EST). The call will be available to join via webcast https://swisscomstream.ch/abb/20181217/en

    The event will be accessible by conference call. Callers are requested to phone in 10 minutes before the start of the call. The analyst and investor conference call dial-in numbers are:

    UK +44 207 107 0613Sweden +46 8 5051 0031Rest of Europe, +41 58 310 5000US and Canada +1 866 291 4166 (toll-free) or +1 631 570 5613 (long-distance charges)Lines will be open 10-15 minutes before the start of the call.


    Dell Technologies Inc. (DVMT) Q2 2019 Results - Earnings Call Transcript | killexams.com real questions and Pass4sure dumps

    No result found, try new keyword!Turning to the business segments ... to deliver the latest technology from VMware Cloud foundation to offer the ultimate infrastructure foundation for realizing a VMware multi-cloud. And finally, we l...


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