Welcome to our dedicated page for Dell Technologies news (Ticker: DELL), a resource for investors and traders seeking the latest updates and insights on Dell Technologies stock.
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 announces Kit Colbert as its new Chief Technology Officer (CTO), effective immediately. With a history at VMware since 2003, Colbert has held various significant roles, including Cloud CTO and General Manager of Cloud-Native Apps. In his new role, he will lead the company’s technical vision and advance its transformation towards a cloud-centric R&D organization. CEO Raghu Raghuram emphasized Colbert's technical expertise and leadership as key to driving innovation and development. This strategic move aims to enhance VMware's growth trajectory.
VMware (NYSE: VMW), a leader in enterprise software, announced that CEO Raghu Raghuram will present at the Jefferies Virtual Software Conference on September 15, 2021, at 1:00 p.m. PT / 4:00 p.m. ET. A live webcast will be accessible on VMware’s Investor Relations page, and a replay will be available for two months. VMware is committed to powering complex digital infrastructures and providing solutions across various domains, including cloud and security.
VMware (NYSE: VMW) announced that CEO Raghu Raghuram will present at the Piper Sandler Global Technology Conference on September 14, 2021, at 9:00 a.m. PT / 12:00 p.m. ET. A live webcast can be accessed on VMware’s Investor Relations page and will be available for replay for two months. VMware focuses on enhancing complex digital infrastructures through cloud, networking, security, and digital workspace solutions. For more information, visit VMware's website.
VMware (NYSE: VMW) has announced that CEO Raghu Raghuram will deliver a keynote address at the Citi 2021 Global Technology Virtual Conference on September 13, 2021, at 9:10 a.m. PT / 12:10 p.m. ET. A live webcast will be available on VMware's Investor Relations page and will be accessible for two months after the event. VMware specializes in enterprise software, offering solutions for cloud, app modernization, networking, and security, aimed at enhancing digital infrastructure across various devices.
VMware (NYSE: VMW) announced that CEO Raghu Raghuram will be the keynote speaker at the Deutsche Bank Technology 2021 Conference on September 9, 2021, at 9:30 a.m. PT / 12:30 p.m. ET. A live webcast is 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, contributing to complex digital infrastructures globally.
VMware has been named a Leader in the 2021 Magic Quadrant for Unified Endpoint Management (UEM) by Gartner for the fourth consecutive year. The evaluation focused on VMware's ability to execute and completeness of vision. In addition, Workspace ONE achieved the highest scores in three of four use cases: Security-Centric, Remote Worker, and Modern Windows Management. This recognition reinforces VMware's commitment to supporting an adaptable workforce through innovative solutions.
VMware has been recognized as a leader in The Forrester New Wave™: Zero Trust Network Access, Q3 2021, which assessed 15 ZTNA solutions, including VMware Secure Access. This recognition emphasizes VMware's commitment to evolving security models, aligning with shifts towards cloud applications and remote work. Senior VP Shankar Iyer highlighted that VMware's solutions foster a Zero Trust security architecture, ensuring only trusted users access applications. The report praised VMware for its advanced security inspection features and seamless integration with existing security platforms.
VMware reported a 9% year-over-year increase in total revenue, reaching $3.14 billion for Q2 fiscal year 2022. Subscription and SaaS revenue grew by 23% to $776 million, with ARR expanding 26% year-over-year to $3.15 billion. However, GAAP net income decreased 8% to $411 million, reflecting a decline in both GAAP and non-GAAP operating income. VMware is on track for its planned spin-off from Dell in November 2021. The company continues to enhance its multi-cloud platform, focusing on solutions for hybrid work environments.
Dell Technologies (NYSE: DELL) will hold a conference call on August 26, 2021, at 4:30 p.m. CDT to discuss its fiscal 2022 second quarter financial results. The event is open to the public via a live webcast on the company's investor relations website. A press release with financial statements will precede the call, providing additional insights into Dell's performance. Stakeholders can access archived information following the live event. Dell continues to support digital transformation for organizations and individuals with a comprehensive tech portfolio.
Dell Technologies (NYSE: DELL) is partnering with GE (NYSE: GE) to enhance GE's IT infrastructure through the APEX as-a-Service model. This collaboration aims to streamline and scale IT operations across GE's 170 countries, driving automation and cost savings. The use of Dell's APEX Data Center Utility allows GE to adapt its resources to meet varying business demands, ensuring efficiency and predictability in expenses. The agreement supports GE's goal of simplifying its infrastructure while maintaining agility across diverse global operations.
FAQ
What is the current stock price of Dell Technologies (DELL)?
What is the market cap of Dell Technologies (DELL)?
What is Dell Technologies' core business?
How did Dell Technologies perform financially in the fiscal 2024 fourth quarter?
What are some recent achievements of Dell Technologies?
How does Dell Technologies contribute to environmental sustainability?
What strategic partnerships has Dell Technologies recently formed?
What is Dell PowerScale?
How does Dell Technologies support AI and machine learning?
What are Dell Technologies' main markets?
How is Dell Technologies advancing driver safety?
What ESG efforts is Dell Technologies involved in?
