ICC response time very slow

[govind_s_1]

It takes around 12 seconds for ICC to return from

icc -v

command on my system. On the other hand gcc returns in 0.002s (times are measured using time command). This makes my makefile build process extremely slow (around 40 minutes for a release build). As i was reading here, I followed the step 7 from Kevin Davis's answer and tried strace icc -V command (log file attached). I was able to pin-point the delay to the two timeout events. Not being an expert on the subject, I am not able to understand what these timeouts mean. Any help will be appreciated. 
My system setup is: Ubuntu 12.04, icc version 13.1.0 (gcc version 4.6.0 compatibility). I am using Ubuntu as a Virtual Machine.

[Hubert_H_Intel]

Please create another log which provides better info about licensing:

source /opt/intel/composer_xe_2013.2.146/bin/compilervars.sh intel64
export INTEL_LMD_DEBUG=1
icc -V &>LMD.log

I'll give you also more info in a private message. Please upload the log also as a reply to my private message to protect confidential data.

Regards, Hubert.