EMC's Tucci: Global economy hinges on US budget deal

At the Techonomy 12 conference, the CEO also signaled news about Pivotal technology is coming soon

EMC CEO Joe Tucci has called for CEOs to put pressure on US politicians to strike a budget deal, saying that the direction of the domestic and global economy depends on it.

"I've never seen a time when the rest of the world was looking to the US for leadership more than now," Tucci said at the Techonomy 12 conference in Tucson, Arizona. "They want the US to be successful. If we address the fiscal cliff problem adequately we'll have a decent 2013 globally."

In an onstage interview with Techonomy founder David Kirkpatrick, Tucci said that CEOs need to put pressure on Congress to reach a bipartisan compromise that both raises revenues and balances the budget over time.

Tucci also extended his calls for partnership and compromise to the international level, saying that the U.S. and China need to cooperate and not fight, and that under these circumstances, "Europe won't be robust but it will be OK."

Kirkpatrick pressed Tucci for an assessment of the health of EMC's relationship with Cisco; some analysts claimed it was damaged when EMC's VMware bought network technology startup Nicira, which Cisco had eyed as an acquisition. But Tucci insisted the partnership is still strong.

"Cisco is our closest and most strategic partner, and we will have a long and prosperous relationship," Tucci said. Cloud computing and big data have enormous requirements for data communication, an area EMC is "not getting into, that's where we're going to partner with Cisco."

Tucci declined to fully answer a question about how EMC is making use of the technology acquired with application development consultancy Pivotal Labs, saying, "I don't want to give a lot away, we're going to be talking about it in a couple of months."

He called it a "fantastic acquisition" and promised more information shortly about how EMC will use the technology internally and externally.

Tags application developmenttuccistorageJoeApplication servicessoftwareComputing servicesgovernmentemcvirtualizationservices

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Elizabeth Heichler

IDG News Service

Comments

Comments are now closed.

Most Popular Reviews

Follow Us

Best Deals on GoodGearGuide

Shopping.com

Latest News Articles

Resources

GGG Evaluation Team

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell

LIFEBOOK UH574

The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi

STYLISTIC Q702

The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Simon Harriott

STYLISTIC Q702

My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.

Latest Jobs

Shopping.com

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?