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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.
Telia Company partners with VMware to accelerate its transition to a cloud-native infrastructure, essential for deploying 5G networks. The collaboration allows Telia to enhance operational efficiency and flexibility, catering to its 24 million customers across the Nordics and Baltics. Currently, over 50% of Telia's network traffic runs on VMware's Telco Cloud Platform, with plans for 100% adoption by the end of 2021. This transition aims to create a fully cloud-native network for improved customer experiences.
Dell Technologies (NYSE: DELL) announces a multi-year collaboration with Yara Shahidi to motivate Gen-Z to leverage technology for self-expression and creativity. The campaign, 'Expand Your YOUniverse,' features Shahidi and aims to inspire young leaders through technology. This partnership also involves Ghetto Film School, focusing on educating aspiring storytellers. Shahidi emphasizes the significance of technology in empowering the next generation, aligning with Dell's commitment to drive positive change.
At VMworld 2021, VMware (NYSE: VMW) launched its Cross-Cloud services aimed at enhancing customer flexibility and security across multiple cloud environments. With 75% of VMware customers using two or more public clouds, the need for a cloud-agnostic approach is paramount. The Cross-Cloud services offer accelerated cloud journeys, cost efficiency, and control for digital businesses. Key innovations include advancements in cloud infrastructure, app development, edge computing, and security. This strategy positions VMware favorably in the rapidly evolving multi-cloud landscape.
VMware has introduced significant advancements in its VMware Cloud services at VMworld 2021, emphasizing its position in the multi-cloud environment. Key innovations include a new portfolio of managed Kubernetes services and enhanced capabilities for running enterprise applications. VMware Cloud enables users to migrate apps faster and at lower costs, with claims of 300% faster Kubernetes deployments and a 57% reduction in total cost of ownership. The company also launched the Sovereign Cloud initiative to address data security needs.
VMware announces new security innovations aimed at addressing the evolving threats faced by modern enterprises. With over 30,000 customers, VMware introduces enhancements to its security solutions encompassing Zero Trust architecture, secure workload access, and ransomware recovery capabilities. Notable advancements include the Elastic Application Security Edge, CloudHealth Secure State for multi-cloud visibility, and improved API security. VMware Carbon Black Cloud reports an impressive record of averting over one million ransomware assaults recently, underscoring its extensive data protection capabilities.
VMware has launched the Tanzu Community Edition, providing free access to its Kubernetes platform, enabling users to manage containerized applications across multi-cloud environments. This Community Edition is designed for anyone looking to learn and utilize Kubernetes, offering essential tools, training, and community support without cost. VMware also unveiled new features for its Tanzu Application Platform Beta, aimed at enhancing developer experience and streamlining the app delivery process. Major enterprises like Drax Group are already benefiting from VMware Tanzu's solutions, ensuring operational efficiency and scalability.
VMware has launched its new VMware Edge Portfolio at VMworld 2021, designed to enhance the management and security of edge-native applications across multi-cloud environments. This portfolio includes the VMware Edge Compute Stack, which offers integrated VM and container solutions, and VMware SASE, combining SD-WAN with cloud security functions. The products aim to support diverse edge applications, driven by demands for low latency and high performance in sectors such as AR/VR and IoT. Partnerships with companies like Dell and Lenovo enhance the edge deployment capabilities.
Dell Technologies (NYSE: DELL) announced new cloud and IT offerings at VMworld to enhance data management and consumption. Key offerings include APEX Cloud Services with VMware Cloud, providing a streamlined multi-cloud experience, and Dell EMC ObjectScale software, which reduces storage costs using Kubernetes. Additionally, the Validated Design for AI, co-engineered with VMware and NVIDIA, optimizes AI application deployment. These innovations aim to support enterprises navigating a complex cloud landscape and achieving data-driven insights more efficiently.
Ori Industries and VMware (NYSE: VMW) have announced a partnership to enhance edge computing for enterprises, focusing on hybrid, telco, and multi-cloud environments. This collaboration aims to reduce complexity in cloud-native service delivery and support the widespread adoption of multi-access edge computing (MEC) capabilities. Companies will benefit from low latency and improved service availability, vital for generating data close to its source. According to Gartner, many enterprises face challenges with current cloud setups, making this partnership timely and strategic for overcoming these obstacles.
Dell Technologies (NYSE: DELL) has appointed David Grain as an independent member of its Board of Directors, expanding the board to eight members, five of whom are independent. Michael Dell, chairman and CEO, emphasized Mr. Grain's extensive leadership experience, which is expected to accelerate Dell's growth strategy, particularly in the multi-cloud sector. Grain, founder of Grain Management, brings a wealth of experience from the media and telecommunications industries. He expressed enthusiasm for guiding Dell's strategy amid significant growth opportunities in edge and telecom.
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