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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) 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.
VMware plans to announce its fiscal year 2022 third quarter financial results after market close on
Vodafone has selected VMware (NYSE: VMW) as its strategic technology partner to automate and orchestrate workloads across its core networks in Europe, starting with 5G standalone. The partnership extends their previous collaboration on the Telco Cloud Infrastructure, resulting in a 40% increase in productivity and cost savings of up to 55%. The rollout of VMware's Telco Cloud Platform aims to streamline various network functions, supporting Vodafone's Tech 2025 initiative. Initially, the platform will be deployed in eight markets, with plans for expansion across all European markets.
VMware's recent study indicates a growing trend in employee surveillance as 70% of companies are either implementing or planning to implement monitoring measures since adopting hybrid work models. While these measures include tracking emails, web activity, and video surveillance, 39% of companies report increased employee turnover. Conversely, 75% of employees feel valued based on performance rather than time in the office. The study highlights the need for balance between performance monitoring and employee trust, emphasizing that transparency is critical in a rapidly evolving work environment.
Login VSI announces the appointment of Tod Nielsen and Geeta Sachdev to its Board of Directors, enhancing leadership with extensive experience in software and technology. Nielsen, currently CEO of Talkwalker, brings over 30 years of experience from firms including Salesforce and Oracle. Sachdev, former CMO of Turbonomic, has over 25 years in marketing and product development, including roles at Solarwinds (NYSE: SWI) and Dell (NASDAQ: DELL). Their expertise is expected to accelerate Login VSI's growth, especially in improving end-user experience.
Dell Technologies will hold a conference call on November 23, 2021, at 4:30 p.m. CST, to discuss its fiscal 2022 third quarter financial results. The conference will be accessible via a live audio-only webcast on the company's website, where an archived version will also be available. Prior to the call, Dell will release its financial results accompanied by detailed statements and presentations that can be downloaded from its investor relations site.
The State of Oklahoma is enhancing its data center infrastructure in partnership with Dell Technologies to advance its digital transformation. This initiative aims to modernize disaster recovery, protect citizen data, and streamline services for its four million residents. In under six months, Oklahoma migrated over 2.6 petabytes of data to a remote data center equipped with advanced Dell technologies, enhancing its resilience against over 3.8 trillion cyberattacks. This modernization ensures improved operational efficiency and disaster recovery capabilities for state agencies.
VMware successfully completed its spin-off from Dell Technologies, enhancing operational and financial flexibility. The spin-off includes a special cash dividend of
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