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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.
VMware (NYSE: VMW) announced that CEO Raghu Raghuram will present at the Barclays Global TMT Conference on December 7, 2021, at 8:30 a.m. PT / 11:30 a.m. ET. A live webcast will be accessible on VMware's Investor Relations page, with a replay available for two months.
VMware is a leader in multi-cloud services, facilitating digital innovation with enterprise control, and is committed to its 2030 Agenda for a better future.
VMware has been recognized as a Leader in Gartner's November 2021 Magic Quadrant for Hyperconverged Infrastructure Software for the fifth consecutive time. The company was also noted for its strong Completeness of Vision. VMware's vSAN, adopted by over 30,000 customers including more than 80% of the Global 2000, supports hybrid cloud deployments. VMware's Cloud Foundation provides secure software-defined services across hybrid environments, enhancing operational consistency.
VMware (NYSE: VMW) has partnered with Mitacs to launch the Digital Equity Grid Innovation initiative, focusing on applied research for sustainable 6G infrastructure. A research center will be established in Montreal, in conjunction with the IEEE Future Networks Initiative, to tackle challenges in digital equity and environmental sustainability. The initiative aims to foster technology that connects underserved communities and promotes clean tech solutions aligned with VMware’s 2030 Agenda.
Dell Technologies achieved record financial results for Q3 FY2022, reporting $28.4 billion in revenue, a 21% year-over-year increase. Diluted EPS rose to $4.87, reflecting a 351% increase. Operating income reached $1.3 billion, up 19%, with net income totaling $3.9 billion. Notably, the Client Solutions Group revenue hit $16.5 billion, up 35%, driven by commercial and consumer growth. Remaining performance obligations stood at $47 billion, a 26% increase, showcasing strong future prospects.
VMware reported total revenue of $3.19 billion for Q3 FY2022, an 11% increase year-over-year. Subscription and SaaS revenue reached $820 million, up 21%, while ARR grew 25% to $3.31 billion. GAAP net income declined 8% to $398 million, or $0.94 per diluted share. Non-GAAP net income increased 3% to $725 million, or $1.72 per diluted share. Operating cash flow was strong at $1.09 billion. The company continues to focus on multi-cloud innovation, with advancements announced at VMworld 2021. VMware's commitment to diversity and ESG leadership was recognized by various industry accolades.
VMware (NYSE: VMW) has announced that Sumit Dhawan, its president, will present at the Wells Fargo Virtual TMT Summit on Wednesday, December 1, 2021, at 1:00 p.m. PT / 4:00 p.m. ET. A live webcast will be available on VMware’s Investor Relations page, with a replay accessible for two months. Headquartered in Palo Alto, California, VMware is a leader in multi-cloud services, focused on enabling digital innovation and enterprise control. For more details, visit ir.vmware.com.
Dell Technologies (NYSE: DELL) will participate in multiple upcoming investor conferences in December 2021. Key executives, including Yvonne McGill, Jeff Clarke, Tom Sweet, Matt Baker, and Chuck Whitten, will present at events such as the Wells Fargo Tech Summit and the Credit Suisse Annual Technology Conference. Notable dates include December 1, with several presentations scheduled throughout the month. Webcasts of these conferences will be accessible on Dell's Investor Relations page.
VMware, a leader in enterprise software, announced that CEO Raghu Raghuram will present at the Credit Suisse Technology Conference on December 1, 2021, at 11:25 a.m. PT (2:25 p.m. ET). A live webcast will be accessible via VMware’s Investor Relations page, with a replay available for two months.
VMware is known for its multi-cloud services, enabling digital innovation while providing enterprise control. The company aims to drive a better future through its 2030 Agenda. More details can be found at ir.vmware.com.
VMware has announced the availability of VMware Carbon Black Cloud and VMware Tanzu in AWS Marketplace, enhancing cloud service offerings for AWS customers. This move aims to streamline procurement and accelerate the adoption of VMware Cross-Cloud services, supporting application modernization and digital innovation. The press release highlights benefits such as faster workload migration, improved security, and better resource management through CloudHealth. It positions VMware as a facilitator of enterprise control and innovation in AWS cloud environments.
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