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Dell Technologies Inc. (NYSE: DELL) is a global leader in providing essential infrastructure for organizations to build their digital future, transforming and protecting their most valuable asset - information. Based in Round Rock, Texas, Dell Technologies is a broad-based information technology vendor, primarily focused on premium personal computers and enterprise on-premises data center hardware. The company holds top-three positions in its core markets, including personal computers, peripheral displays, mainstream servers, and external storage.
At its core, Dell Technologies offers a diverse portfolio of products and services, encompassing high-performance PCs, secure and scalable storage solutions, multifunctional servers, and advanced data protection systems. The company's infrastructure solutions, such as Dell PowerScale storage and Dell PowerProtect data protection, are designed to meet the increased IT demands for AI modeling, validation, and secure data management.
Recent notable achievements include a groundbreaking partnership with Subaru to enhance driver safety using AI and high-performance storage. Subaru's deployment of Dell PowerScale systems has significantly advanced its EyeSight Driver Assist Technology, making driving safer by integrating, analyzing, and utilizing vast amounts of data effectively.
Financially, Dell Technologies has shown resilience in a fluctuating market, reporting $22.3 billion in revenue for its fiscal 2024 fourth quarter, with significant growth in AI-optimized servers. Despite a year-over-year revenue decline, the company's strong cash flow from operations and an increased annual dividend demonstrate its solid financial health and commitment to returning value to shareholders.
Dell Technologies continues to drive innovation through strategic partnerships and robust product offerings. Collaborations with leading organizations like Northwestern Medicine and Hyundai AutoEver showcase Dell's commitment to leveraging AI and edge computing in advancing healthcare and manufacturing processes. Furthermore, the company's expansive edge partner ecosystem and introduction of Dell NativeEdge Blueprints offer enhanced capabilities for managing AI and machine learning applications at the edge.
Environmental, Social, and Governance (ESG) efforts are central to Dell's mission, focusing on driving positive impacts for people and the planet while delivering long-term value. The company is actively improving its sustainability practices, aiming to reduce carbon footprints, enhance data protection, and support innovative healthcare solutions.
Overall, Dell Technologies Inc. is well-positioned to continue leading in the information technology sector, driving digital transformation and providing comprehensive solutions that meet the evolving needs of businesses and individuals worldwide.
Dell Technologies has announced advancements to accelerate the adoption of open telecom technologies. Key initiatives include the introduction of Telecom Infrastructure Blocks for Red Hat aimed at optimizing 5G networks, and the launch of new PowerEdge servers tailored for telecom and edge computing. The Dell Private Wireless Program enhances choices for network operators with pre-validated solutions. Additionally, the new Open Telecom Ecosystem Lab in Ireland expands global collaboration efforts. ACG Research estimates significant operational cost reductions of up to 40% for operators utilizing Dell's solutions, alongside considerable CO2 emissions savings.
Dell Technologies (NYSE: DELL) announced that Chuck Whitten, co-chief operating officer, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA, on March 7, 2023, at 2:55 PM CT / 3:55 PM ET. The event will be available for live streaming and later replay through Dell's Investor Relations website. Dell Technologies focuses on helping organizations and individuals build their digital futures, offering a diverse range of innovative technology and services tailored for the data era.
Dell Technologies (NYSE: DELL) will hold a conference call on March 2, 2023, at 3:30 p.m. CST, to discuss its fiscal 2023 fourth quarter and full year financial results. The call will be available to the public via a live audio webcast on Dell's investor relations website, where an archived version will also be accessible. Prior to the call, Dell will issue a press release with detailed financial statements. This event underscores Dell's ongoing commitment to transparency and communication with investors as it navigates the data era.
Antel, Uruguay's leading mobile operator, collaborates with VMware (NYSE: VMW) for a Proof of Concept (PoC) using the VMware Telco Cloud Platform. This initiative aims to modernize network operations in light of 5G advancements, providing Antel the ability to deploy new network functions efficiently. The integrated platform will enhance operational efficiency and accelerate the rollout of innovative services to meet rising customer demands. With a history of technology implementation, Antel's PoC signifies a significant step towards establishing a commercial 5G standalone network, enhancing its position as a key player in South America's telecommunications landscape.
Dell Technologies has unveiled an expansion to its PowerEdge server portfolio, introducing 13 next-generation servers aimed at enhancing performance and reliability. With up to 2.9x greater AI inferencing capabilities, these servers leverage 4th Gen Intel Xeon Scalable processors. Innovations such as Dell Smart Flow design and Dell Power Manager software enhance energy efficiency. The Dell APEX portfolio will provide a modern compute-as-a-Service experience. Key features include improved server management tools and cryptographic supply chain verification. Availability of the new products begins in February 2023, with a full rollout planned throughout the first half of the year.
VMware has launched a new Retail POS modernization solution to help retailers enhance their point of sale systems. This solution, developed with Stratodesk, aims to extend the lifecycle of existing POS hardware, reduce security risks, and improve customer experience. Key features include the ability to maximize uptime, automate security updates, and support mobile POS options. With insights from Coresight Research, the solution addresses retailers' needs for agile technology that adapts to market dynamics, ultimately contributing to better financial performance. VMware continues to leverage its proven technologies to drive innovation and efficiency in retail operations.
Dell Technologies (NYSE:DELL) partners with Unified National Networks (UNN) to enhance Brunei's telecommunication infrastructure in alignment with Brunei Vision 2035. The collaboration focuses on modernizing UNN's data centers using Dell's hyperconverged architecture, improving operational efficiency and security. Key technologies deployed include VxRail, PowerEdge, and Unity XT, reducing the total cost of ownership for UNN. This initiative supports the development of next-gen IoT, AI, and 5G services, aiming to drive economic growth and innovation across the region.
Dell Technologies has unveiled groundbreaking collaboration tools, including the world's first 6K monitor with IPS Black technology and Zoom-certified keyboard. The Dell UltraSharp 32 6K Monitor (U3224KB) offers enhanced visuals with 150% more pixels than 4K, ideal for professionals requiring high detail. Other offerings include the Dell UltraSharp 34 Curved and 43 4K USB-C Hub Monitors for versatile connectivity. The new Premier Collaboration Keyboard and Rechargeable Mouse focus on maximizing productivity. Availability starts January 31, 2023.
VMware, Inc. (NYSE: VMW) has been recognized as a Leader in two IDC MarketScape reports concerning virtual client computing and end-user experience management. The assessments highlight VMware's broad ecosystem and its growing pool of certified professionals, beneficial for companies in a tight labor market. Furthermore, VMware's advanced technology portfolio, including Digital Employee Experience offerings, allows for enhanced productivity through agile virtual environments. These accolades come as the hybrid work model gains traction, underscoring VMware's commitment to improving digital work experiences.
Dell Technologies (NYSE: DELL) has declared a quarterly cash dividend of $0.33 per common share, payable on February 3 to shareholders on record as of January 25. This marks a continuation of its dividend policy initiated earlier in the year. Dell began paying dividends in April, following board approval in February. The announcement emphasizes Dell's commitment to returning value to its shareholders amidst its focus on innovation and digital transformation.
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