EMC eGRC Software Reviews and Features

EMC acquired RSA Security on September 14, 2006. RSA was a leader in protecting and managing online identities and digital assets, and its acquisition enabled EMC to offer enhanced products, software, and solutions, including enterprise identity and access management products, encryption and key management software, consumer identity and fraud protection solutions, and enterprise identity and access management products. EMC is mainly focused in keeping the foundation of its key business units—software and cloud, hardware, big data, and services, strong and updated and tap all the markets by expanding its business. It is focused on adopting organic as well as inorganic growth strategies. In line with its organic growth strategy, EMC has adopted product development and upgradation strategy to adapt to the fast changing technology in order to strengthen its market position. The company is spending extensively in its R&D, which was 12.8% of its total revenue in 2015, to ensure rapid growth of its technology domain and deliver updated solutions to the customers. In accordance with its inorganic growth strategy, the company aims to expand its customer base and increase the market reach in terms of product offerings and geographical expansions. It is increasing its revenue from indirect sales channel and has also expanded its EMC partner network. The company also plans to change its pricing model for software products as well as subscription charges to compete successfully against open-source software distribution companies.