EMC 2002 Annual Report Download - page 4

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Table of Contents
FACTORS THAT MAY AFFECT FUTURE RESULTS
Our prospects are subject to certain uncertainties and risks. This Annual Report on Form 10-K also contains certain forward-looking statements within
the meaning of the Federal securities laws. Our future results may differ materially from our current results and actual results could differ materially from
those projected in the forward-looking statements as a result of certain risk factors. Readers should pay particular attention to the considerations described
in the section of this report titled "Management's Discussion and Analysis of Financial Condition and Results of Operations—Factors That May Affect
Future Results."
PART I
ITEM 1. BUSINESS
General
EMC Corporation and its subsidiaries design, manufacture, market and support a wide range of networked storage platforms, software and related
services. EMC products and services are designed to enable organizations of all types and sizes to manage, protect and share their information in the most
efficient and cost-effective manner possible.
EMC Automated Networked Storage solutions unify storage networking technologies, systems and software to meet our customers' storage
requirements in Storage Area Network (SAN), Networked Attached Storage (NAS), Content Addressed Storage (CAS) and direct attached storage
environments. These technologies enable our customers to manage many different types of information, including transactional, file-based and fixed-content
data. As a result, our customers are able to reduce costs, improve business continuity, increase operational flexibility and productively manage their entire
storage infrastructures.
The customers for our products are located worldwide and represent a cross-section of industries and government agencies. Our customers use EMC
products and services in conjunction with a variety of computing platforms, storage systems and software applications that support key business processes,
including transaction processing, enterprise resource planning, customer relationship management, data warehousing, electronic commerce and web hosting.
EMC solutions enable them to consolidate, network and generate value from their digital information across heterogeneous storage systems, switches, hubs,
servers and software.
We believe that our products and services enable our customers to realize higher returns on information and achieve competitive advantages.
We were incorporated in Massachusetts in 1979. Our corporate headquarters are located at 176 South Street, Hopkinton, Massachusetts.
Products and Offerings
We operate in the following segments: information storage products and information storage services, which are our principal segments, and other
businesses. Information storage products are comprised of information storage systems and information storage software.
Information Storage Systems
Symmetrix Systems
We believe that our Symmetrix family of networked storage systems offers the highest levels of functionality, performance and availability in the
information storage market. Our operating software for
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