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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) announced that co-COO Chuck Whitten and Deputy CFO Yvonne McGill will present at two investor conferences in March 2022. Whitten will speak at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 7 at 3:50 p.m. CT, while McGill will present at the Raymond James Annual Institutional Investors Conference in Orlando on March 8 at 9:25 a.m. CT. Live webcasts and replays will be available on Dell's Investor Relations page.
VMware has launched enhanced container runtime security capabilities to fortify its security portfolio for cloud-native workloads. This new offering aims to address increasing concerns about Kubernetes security, as 97% of tech leaders expressed worries, with one-fifth identifying runtime security for containerized workloads as a top concern. Features include runtime cluster image scanning, an integrated alerts dashboard, and workload anomaly detection, designed to improve security visibility and compliance throughout the application lifecycle.
MetTel has announced a new offering to provide customers with a managed SASE solution powered by VMware. This partnership aims to enhance cloud-based security, networking, and edge compute services for modern applications. With VMware's extensive global presence of over 150 points of presence, customers will benefit from an integrated architecture that simplifies security management. The deployment of VMware's SASE solution promises improved performance, reliability, and operational benefits while ensuring a future-ready framework for organizations.
Millicom, operating as Tigo in Latin America, has unified its IT operations with VMware's Cloud to streamline services across various business units. This strategic partnership aims to enhance agility and efficiency, facilitating quicker service deployments. Tigo's modernization efforts will support its expansion into 5G and hybrid multi-cloud environments. VMware's expertise is set to play a crucial role as Tigo looks to monetize 5G technologies, transforming customer experiences throughout the region.
DISH Network is set to build a 5G network from the ground up, partnering with VMware to establish its Radio Access Network (RAN). The VMware Telco Cloud Platform will support DISH's RAN workloads alongside a trial of the RAN Intelligent Controller (RIC), enabling automation and security enhancements. DISH aims to provide customizable network services through innovations like network slicing and Open RAN technology. This collaboration is expected to drive significant advancements in the telecommunications sector.
At the Mobile World Congress 2022,
At Mobile World Congress 2022, VMware announced innovations aimed at helping service providers modernize networks and monetize new services, focusing on areas like modern apps and edge computing. VMware's Telco Cloud Platform is key for transitioning to virtualized networks, with collaboration from companies like Millicom and Safaricom for network unification and greenfield builds. VMware and Dell introduced a validated design for scalable 5G cores, while ongoing partnerships are targeting RAN modernization and programmability. Also highlighted are services enabling enterprise customers to leverage 5G.
Safaricom Telecommunication Ethiopia, part of the Global Partnership for Ethiopia, received the second Unified Telecommunication Service License in July 2021. They are launching a telecom network to enhance Ethiopia's digital transformation. Safaricom has partnered with VMware to implement the Telco Cloud Platform, which will help deploy network functions across 5G and other networks efficiently. VMware's solution allows Safaricom to build a modern network without legacy issues, aiming to unlock Ethiopia's economic potential.
Dell Technologies reported a record full-year revenue of $101.2 billion, up 17% year-over-year, driven by strong demand and record PC shipments. Diluted earnings per share reached $6.26, an increase of 114%. For fiscal 2023, Dell announced a quarterly cash dividend policy, starting with $0.33 per share, totalling approximately $1 billion in dividends. The company generated a record operating income of $4.7 billion, a 26% increase, while cash flow from operations hit $10.3 billion.