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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 (NYSE: DELL) has declared a quarterly cash dividend of $0.33 per common share, payable on October 28 to shareholders on record as of October 19. This decision follows the company's recently established dividend policy approved in February. Dell began issuing quarterly dividends in April, marking a significant step in its shareholder return strategy.
Dell Technologies (NYSE: DELL) has announced that CEO Michael Dell and COO Chuck Whitten will present at two upcoming conferences in September 2022. Michael Dell will speak at Citi's 2022 Global Technology Conference in New York on September 7 at 9:30 a.m. CT, while Chuck Whitten will present at the Goldman Sachs Communacopia + Technology Conference in San Francisco on September 12 at 5:45 p.m. CT. Live webcasts of both events will be available on Dell's Investor Relations page.
VMware (NYSE: VMW) announced advancements to its Tanzu portfolio during VMware Explore 2022, aimed at enhancing Kubernetes developer experience and operational management. Key enhancements include improvements in Tanzu Application Platform and Tanzu for Kubernetes Operations designed to boost developer productivity, ensure end-to-end security, and facilitate multi-cloud operations. Notably, VMware's State of Kubernetes report indicates that 65% of organizations already run Kubernetes in production, with a significant expected expansion in the coming year.
VMware announced innovations at VMware Explore US 2022, addressing challenges in hybrid work. The company is enhancing its Anywhere Workspace platform, focusing on autonomous workspaces powered by data science. Key features include self-configuring, self-healing, and self-securing capabilities aimed at reducing IT efforts by at least 40%. Additionally, VMware introduced updates to its Horizon Cloud service, promising infrastructure cost reductions of over 70% while increasing scalability. Collaboration with Google enables secure access via certified devices, enhancing the hybrid work experience.
VMware has launched new and enhanced portfolio offerings at the VMware Explore 2022, focusing on Cross-Cloud services and advancing technology to help businesses navigate multi-cloud environments. The CEO, Raghu Raghuram, emphasized a cloud-smart approach for digital innovation. Key innovations include VMware vSphere 8 for operational efficiency, VMware Tanzu for cloud-native applications, and VMware Aria for multi-cloud management. These developments aim to simplify cloud operations and empower the hybrid workforce, enhancing overall customer experience.
VMware announced an extension of its collaboration with Microsoft to enhance enterprise cloud solutions via the Azure VMware Solution. This allows customers to purchase the solution through the VMware Cloud Universal program, streamlining multi-cloud strategies. The initiative facilitates modernization of vSphere workloads in Azure, potentially yielding a return on investment (ROI) between 125% and 274% and total cost of ownership (TCO) savings between $3 million and $7 million over three years.
VMware Inc. (NYSE: VMW) has revealed technological innovations aimed at enhancing networking and security in multi-cloud environments at VMware Explore 2022. Key highlights include:
- Project Northstar: Multi-cloud networking and security solution for workload mobility and threat detection.
- Carbon Black Cloud: Enhanced endpoint security with network visibility.
- Project Trinidad: Advanced API security.
- Project Watch: App-to-app policy control for risk assessment.
These advancements address increasing cyber threats and aim to streamline cloud operations for enterprises.
VMware and Amazon Web Services (AWS) showcased innovations in VMware Cloud on AWS at VMware Explore 2022, emphasizing faster cloud migrations and cost reductions. New features claim to improve cloud performance, flexibility, and security with significant savings opportunities—46% faster migrations and 57% lower total cost of ownership. Customers like Lotte and Quality Bicycle Products have benefited from expedited transitions and enhanced operations. The service is now available in 21 regions globally, including AWS GovCloud. VMware aims to streamline cloud consumption through the AWS Marketplace.
IBM and VMware have announced an expanded partnership at VMware Explore 2022, focusing on modernizing mission-critical workloads in hybrid cloud environments. The collaboration includes IBM Consulting becoming a Global Systems Integrator (GSI) for VMware, which will provide services to enhance client transformation journeys. Additionally, the IBM and VMware Joint Innovation Fund will extend its projects for another three years, emphasizing security and operational efficiency for clients in regulated industries.
VMware has launched VMware vSphere 8, vSAN 8, and VMware Cloud Foundation+ at VMware Explore 2022, introducing significant advancements in cloud and edge infrastructure solutions. With an expected 580 million workloads in diverse environments by 2024, these innovations aim to improve performance, lower total cost of ownership (TCO), and enhance security for enterprise applications. Key features include vSphere's integration with Data Processing Units (DPUs), which optimize workload performance, and vSAN's Express Storage Architecture, promising up to a 4x performance boost. These solutions are set to be available by October 28, 2022.
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