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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 introduced new telecommunications solutions aimed at helping communications service providers (CSPs) enhance their networks. Key offerings include the Dell Telecom Multi-Cloud Foundation, which accelerates cloud-native network deployments, and the Dell Open RAN Accelerator, designed to improve 5G performance. The new solutions aim to reduce complexity and operational costs, with ACG Research estimating up to 39% OpEx savings for users. Additionally, partnerships with Marvell and others aim to foster an open telecom ecosystem, promoting innovation and operational efficiency.
Dell Technologies and VMware have partnered with Munich Re to enhance IT operations through a multi-cloud strategy. This collaboration aims to improve performance, flexibility, and compliance for Munich Re's data-heavy workloads. The infrastructure utilizes Dell VxRail systems and Microsoft Azure VMware Solution to enable a seamless hybrid cloud experience. Munich Re plans to consolidate its global data centers into three hubs, which will promote operational agility and cost reduction. Executives from all parties emphasized the importance of adapting to the insurance industry's technological revolution.
VMware, Inc. (NYSE: VMW) will announce its fourth quarter and fiscal year 2022 financial results on
VMware enables digital innovation with multi-cloud services, facilitating enterprise control for its clients.
Dell Technologies (NYSE: DELL) will host a conference call on February 24, 2022, at 4:30 p.m. CST to discuss its fiscal 2022 fourth quarter and full-year financial results. The call will be accessible via live audio webcast on the company's website, where an archived version will also be available. A press release with detailed financial statements will precede the call. This session is an opportunity for investors and the public to gain insights into Dell's operational performance and financial standing.
VMware has released a report indicating that cybercriminals are increasingly targeting Linux-based multi-cloud environments with malware. Key findings reveal that ransomware is evolving to target Linux workloads, while 89% of cryptojacking attacks employ XMRig-related libraries. Additionally, over half of Cobalt Strike users may be using the tool illicitly. The report emphasizes the urgent need for organizations to enhance threat detection and adopt a Zero Trust approach to safeguard their infrastructures against these growing threats.
VMware has announced key appointments to strengthen its Go-To-Market Leadership team. Laura Heisman has been appointed as Chief Marketing Officer, while Sylvain Cazard takes on the role of General Manager for Asia Pacific and Japan. Heisman brings over 25 years of experience, previously at GitHub and Citrix, while Cazard, who has 12 years with VMware, aims to enhance sales strategy in APJ. Additional appointments include John Sabino as Chief Customer Experience Officer and Zia Yusuf as SVP of Strategic Ecosystems, aimed at boosting multi-cloud adoption.
VMware (NYSE: VMW) announced receipt of an unsolicited mini-tender offer from TRC Capital Corporation to acquire up to 1 million shares of VMware's Class A common stock at $118.50 per share, which is 4.23% lower than the last closing price of $123.74 on January 21, 2022. VMware disclaims any affiliation with TRC and strongly advises stockholders against tendering their shares as the offer price is below market value. The offer is subject to various conditions, including stock price stability and adequate financing by TRC.
VMware has partnered with BT to provide multinational clients with a managed service for VMware Secure Access Service Edge (SASE). This offering combines BT's networking capabilities and VMware's technology to enhance cloud-first networking, security, and edge computing. The service aims to simplify digital transformation, ensuring secure access to cloud applications. Key features include integrated cloud security, SD-WAN performance, and end-to-end support for multi-cloud environments. This collaboration promises to bolster BT's service delivery while supporting modern workstyles like hybrid working.
Dell Technologies (NYSE:DELL) launched its APEX Multi-Cloud Data Services, providing storage and protection as-a-Service across major public clouds through a single console. The company introduced APEX Backup Services for securing SaaS applications and hybrid workloads. Project Alpine aims to integrate Dell's storage software with leading public clouds. A Forrester study shows 83% of organizations anticipate adopting a multi-cloud strategy within a year, highlighting Dell's pivotal role in optimizing cloud management, flexibility, and security.
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