It looks like both EMC and Juniper Networks have seen some extremely strong market gains. This should hearten many about the strength of the tech industry and where it’s potentially headed. Especially in light of the recent EMC “Breaking Records” event last week.

We’re currently following some of the healthy market indicators listed in UK news from ChannelWeb.

EMC topped Wall Street expectations as it reported a 61 per cent spike in Q4 net profit to $629m on revenue that powered up 19 per cent to $4.9bn.

EMC chief executive Joe Tucci dubbed the performance “the best in company history” and estimated that IT spending rose by 7-8 per cent last year, compared with 3-5 per cent in 2009. He also predicted tech spending would increase by a respectable 5-7 per cent in 2011, according to a Reuters report.

We’ve seen Joe Tucci speaking about cloud-computing and other innovations at the Breaking Records event. The next big thing that almost everyone expects from the market has to deal with the cloud and big data, EMC has positioned themselves to drink in the technological watershed as corporations, new and established, begin to take advantage of this new business paradigm.

Other metrics have come in showing that EMC has seen a lot of return from their gambit when we saw a 61% boost in their net profits from Q4 2010. No doubt, expectations are high and the market itself shows that this isn’t going to end. EMC may be looking at stronger competition as more businesses begin to make headway into the this new storage and service industry vacuum.

Juniper Networks also impressed as an uptick in networking equipment spending drove a 26 per cent year-on-year rise in Q4 sales to $1.19bn, although investors were disappointed by a conservative first quarter forecast.

Juniper chief executive Kevin Johnson said: “Juniper produced outstanding results in 2010, the first year of a multi-year growth strategy centred on mobile internet and cloud computing trends.”

Not to be left behind, Juniper Networks follows a lot of the same trends that EMC does because they supply the logistics and infrastructure that underlies the Big Data boom. Their outstanding Q4 that matches up so nicely with EMC’s groundswell as a result. In fact, Juniper Networks has been seeing some interesting movement when it comes to their own executives as they gear up for what they certainly expect to be a strong future.

“It was also a very busy quarter strategically,” Kevin Johnson, Chief Executive Officer, said during the Juniper Networks 2010 Q4 earnings call. “Our growth agenda is focused on two significant market trends: mobile Internet and cloud computing. The three acquisitions we announced in the quarter complemented our organic R&D and strengthened our offerings in these two key areas. We completed several major R&D milestones.”

Just during that quarter, Juniper Networks shipped Project Stratus and delivered their first beta release of Project Falcon. They introduced a next-generation core router, and demonstrated the delivery of over 100G of traffic with another powerful router. They have even released the product Juno Pulse, a mobile security and remote connectivity service, for iOS and Android platforms—important due to the proliferation of malware and security issues.

Both EMC and Juniper Networks have put themselves in excellent positions to take advantage of the developing needs of the storage and connectivity industry. Their Q4 developments and market strength looks very good, and with the Breaking Records event we expect to see a great deal more to come out of them in the months yet to arrive.