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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 has enhanced its ProSupport Suite for PCs, offering new IT management tools and endpoint security solutions aimed at maximizing productivity and minimizing downtime for employees. Key features include customizable remote workflows, automated update catalog management, and AI-driven support tools. Additionally, new security offerings are designed to protect against evolving threats, including hardware-level and BIOS attacks. These enhancements will be available globally starting October 19, 2021, reinforcing Dell's commitment to providing secure, intelligent commercial PC experiences.
VMware, Inc. (NYSE: VMW) is set to hold a Financial Analyst Meeting on October 7, 2021, from 1:00 p.m. PT to 3:00 p.m. PT during VMworld 2021. Executives including CEO Raghu Raghuram and CFO Zane Rowe will discuss company strategy and product offerings. A live webcast will be available on VMware's Investor Relations page, with a replay accessible for two months.
VMware specializes in cloud, app modernization, networking, security, and digital workspace solutions, aiding enterprises in delivering applications across diverse platforms.
Dell Technologies, in its Securities Analyst Meeting on Sept. 23, 2021, projected a compounded annual revenue growth of 3%-4% and a 6+% growth in non-GAAP diluted EPS through fiscal 2026. The company aims for a net income to adjusted free cash flow conversion of 100% or better and announced a $5 billion share repurchase program effective November 2021. Additionally, it plans to initiate a quarterly dividend targeting approximately $1 billion annually, aimed at returning 40%-60% of adjusted free cash flow to shareholders starting in fiscal 2023.
VMware, Inc. (NYSE: VMW) has been recognized as a Leader in the 2021 Gartner Magic Quadrant for WAN Edge Infrastructure for the fourth consecutive year, achieving the highest placement for completeness of vision. The company's SD-WAN technology is now part of the VMware SASE platform, offering cloud-based security and networking services to over 150 global points of presence. VMware scored highest in the Cloud-First WAN use case in Gartner's Critical Capabilities report, highlighting its commitment to support distributed users and enhance network security.
VMware announced a study revealing a disconnect between IT, security, and development teams in adopting a Zero Trust security model. Conducted by Forrester Consulting, the survey of 1,475 IT and security leaders found that 52% of developers feel stifled by security policies. Only 22% strongly understand these policies, while 27% are excluded from decision-making. Collaborative organizations see a five-day faster development cycle. Despite improved leadership focus, 37% report ineffective collaboration. The study emphasizes shared priorities to enhance security integration in the development process.
VMware has achieved FedRAMP Agency Authority to Operate (ATO) at the High Impact Level for its Cloud on AWS GovCloud (US) service. This certification allows U.S. government agencies to securely migrate and modernize their vSphere workloads. The authorization recognizes VMware's adherence to stringent performance and security standards. This initiative supports various public sector use cases including application migration, disaster recovery, and virtual desktop infrastructure, while enhancing operational efficiency in multi-cloud environments.
Dell Technologies (NYSE: DELL) will host a securities analyst meeting on September 23, 2021, at 9:00 a.m. CT. Key executives, including chairman and CEO Michael Dell, will present and answer questions. The event will be accessible via a live webcast and replay on the company's Investor Relations page. This meeting aims to discuss the company’s strategies and performance amidst the evolving digital landscape.
Overland-Tandberg collaborates with AT&T to support the launch of Connected Learning Centers in over 20 locations, aiming to bridge the digital divide for underserved communities. The first center opens on September 16 in Dallas, providing access to free high-speed internet, educational content, and mentoring. Dell contributes computers and monitors, while Overland-Tandberg ensures the technical setup. This initiative is part of AT&T's $2 billion commitment to enhance broadband accessibility and support digital literacy.
On September 9, 2021, Dell Technologies revealed findings from its 2021 Global Data Protection Index (GDPI), highlighting that organizations now manage over 10 times more data than five years ago, raising concerns about data protection solutions. 82% of IT decision-makers doubt their solutions can meet future challenges, while 62% fear they can't defend against cyber threats. Dell introduced enhancements like PowerProtect Data Manager with Transparent Snapshots, enabling faster VM backups, and Smart Scale appliances for large data management. The Managed Services for Cyber Recovery aim to mitigate data loss risks.
Dell Technologies (NYSE: DELL) has announced that CFO Tom Sweet will present at Citi's 2021 Global Technology Conference in a virtual fireside chat.
This event is scheduled for September 15, 2021, at 11:10 a.m. CT / 12:10 p.m. ET. A live webcast and replay will be available on Dell's Investor Relations page.
Dell Technologies provides a comprehensive portfolio of technology and services to help transform how organizations and individuals work in the digital era.
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