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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 and Fujitsu announced a collaboration aimed at accelerating the global adoption of Open RAN solutions for communications service providers (CSPs) on Sept. 29, 2022. The partnership will integrate Fujitsu's Open RAN compliant radio units with Dell's Open RAN Accelerator Card, providing high performance for Open RAN deployments. They will also establish a joint reference architecture and connect their respective labs for enhanced testing environments. This initiative aims to provide CSPs with scalable, flexible, and cost-efficient network solutions, leveraging both companies' expertise in technology.
VMware has introduced new products and partnerships aimed at aiding communications service providers (CSPs) in advancing their networks efficiently and effectively for 5G deployments. The VMware Telco Cloud Platform now supports over 275 virtualized and containerized network functions, enhancing the capabilities for CSPs to operationalize their services. Key features include separate upgrades for control planes, security enhancements for 5G networks, and new multi-cloud operations support. These innovations are crucial as CSPs pivot towards 5G and Open RAN to meet rising consumer demands for high-speed connectivity.
Dell Technologies has partnered with Wind River to launch the first telecom cloud infrastructure solution aimed at simplifying and accelerating cloud-native network deployments for communications service providers (CSPs). The Dell Telecom Infrastructure Blocks offer a streamlined, carrier-grade solution, potentially reducing operational expenses by 42% and delivering a 134% ROI over five years. Additionally, the new Telecom Partner Self-Certification Program enhances the integration process for technology partners within the telecom ecosystem. This move aligns with the booming CSP network cloud infrastructure market, projected to reach $30.1 billion by 2026.
VMware has once again been recognized as a Leader in SD-WAN by Gartner, marking the fifth consecutive year of this distinction. The 2022 Gartner Magic Quadrant acknowledges VMware's ability to execute and its completeness of vision. VMware's SD-WAN is designed for reliability and simplicity, connecting users securely to cloud and SaaS applications. The company has invested in over 150 global points of presence to enhance network performance. With over 600,000 branches deployed across 18,000 customers, VMware continues to adapt to customer needs in the evolving SD-WAN landscape.
Dell Technologies is enhancing its partnership with Red Hat to simplify on-premises management of containerized infrastructures in multicloud environments. Key offerings include Dell APEX Containers for Red Hat OpenShift, which provides a managed Container-as-a-Service solution, and the Dell Validated Platform for streamlining container orchestration. Additionally, the companies are co-engineering a hybrid cloud solution for consistent management across various IT locations, integrating infrastructure technologies with IBM's AIOps for enhanced application performance. Planned availability for these offerings starts in early 2023.
VMware (NYSE: VMW) has been ranked No. 1 in the worldwide IT automation and configuration management software market by IDC for the fifth consecutive year. This ranking underscores VMware's commitment to enhancing its multi-cloud automation solutions, ensuring optimal performance for applications and infrastructure in dynamic environments. The ITACM market grew to $9.1 billion in 2021, reflecting an 11.9% increase from the previous year. VMware's continued investment in its management portfolio and SaaS solutions has been positively received by customers.
Dell Technologies has retracted its previous announcement regarding a partnership with Deep North, initially issued on September 13, 2022. The company urges journalists and readers to disregard the earlier news release, suggesting a reconsideration of the partnership's implications or status.
Dell Technologies has partnered with Deep North to enhance retail analytics using AI-driven video technologies. Their collaboration aims to transform traditional retail environments by providing actionable insights from existing video cameras, addressing issues like foot traffic inaccuracies and stock management. This integration of Dell's edge computing and Deep North's AI capabilities will optimize customer experience in brick-and-mortar stores. The partnership will be showcased at Groceryshop 2022 in Las Vegas from September 19-22.
VMware has reached a settlement with the U.S. Securities and Exchange Commission to resolve an investigation regarding backlog disclosures from fiscal years 2019 and 2020. The company will pay a civil penalty of $8 million without admitting or denying any findings. Notably, the SEC found no violations of generally accepted accounting principles. Additionally, the SEC does not plan any enforcement action against current or former VMware management. VMware emphasizes its commitment to integrity in public communications.
Salesforce has signed a multi-year agreement with Dell Technologies, expanding its use of Dell infrastructure across over 60 data centers worldwide. This collaboration aims to enhance Salesforce's growth, targeting approximately $31 billion in revenue for FY23, up from $26.5 billion in FY22. The deal includes deploying over 1,500 Dell storage systems, improving performance by 25-50% for critical databases. Additionally, Dell Latitude laptops will be provided to Salesforce employees, featuring advanced security and AI capabilities to support a hybrid work environment.
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