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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 host a conference call on February 25, 2021, at 4:30 p.m. CST to discuss its fiscal 2021 fourth quarter and full year financial results. The call will be available as a live audio webcast on Dell's investor website, with an archived version post-event. A press release with detailed financial statements will precede the call. Dell Technologies aims to assist organizations in building their digital future, offering a comprehensive range of technology and services for the data era.
Dell Technologies has enhanced the University of Pisa’s infrastructure with its Dell EMC PowerStore, achieving a 6x performance improvement for scientific computing. The university upgraded to Dell EMC PowerMax, realizing 5x faster data processing and 80% better performance for critical applications. These advancements support over 53,000 students and faculty with reliable access to data during remote learning. Additionally, Dell's solutions aid in COVID-19 research and expand storage capabilities, anticipating a doubling of unstructured data within a year.
Dell Technologies, SK Telecom, and VMware announced a collaboration to develop OneBox MEC, an integrated multi-access edge computing solution. This platform aims to enhance private mobility and edge computing for industries like healthcare and retail, addressing latency and reliability issues. The OneBox MEC will utilize Dell EMC PowerEdge XE2420 servers, delivering secure, efficient performance for enterprises. Through this partnership, companies can launch new services quickly, leveraging 5G and edge capabilities to transform their operations.
Dell Technologies (NYSE: DELL) will have Sam Burd, President of the Client Solutions Group, speak at the J.P. Morgan 19th Annual Tech/Auto Forum during CES 2021. The virtual event is scheduled for January 12, 2021, at 1:50 p.m. CT. A live webcast will be available along with a replay on Dell's Investor Relations page. Dell Technologies is committed to enabling organizations and individuals to build their digital future with an extensive technology and services portfolio. For more details, visit investors.delltechnologies.com.
Dell Technologies introduced a new range of PCs, monitors, and software aimed at enhancing workplace efficiency and collaboration. Key highlights include 5G-capable devices, the integration of bioplastics from tree waste, and advanced security features. The introduction of Dell Optimizer software enhances performance and connectivity, while new Latitude and OptiPlex products are designed for modern work environments. The pricing starts from $1,049 for some models and aims to support sustainability goals as outlined in Dell's Progress Made Real plan.
Dell Technologies (NYSE: DELL) will present at several virtual investor conferences the week of December 7, 2020. Key speakers include Matt Baker, Yvonne McGill, and Dennis Hoffman. The schedule includes:
- UBS Global TMT Conference, December 7 at 11:05 a.m. CT
- Raymond James Technology Investors Conference, December 8 at 2:20 p.m. CT
- Barclays Global TMT Conference, December 9 at 2:30 p.m. CT
Webcasts of the presentations will be available on Dell's Investor Relations page for six months.
Dell Technologies (NYSE: DELL) announced that CFO Tom Sweet and COO Jeff Clarke will present at two virtual conferences in early December 2020. Tom Sweet will speak at the Wells Fargo TMT Summit on December 1, 2020, at 11:00 a.m. CT. Jeff Clarke will present at the Credit Suisse 24th Annual Technology Conference on December 3, 2020, at 2:00 p.m. CT. Live audio webcasts will be available on Dell's Investor Relations page, with replays accessible for six months.
Dell Technologies reported a 3% increase in total revenue for Q3 FY2021, reaching $23.5 billion. The Client Solutions Group saw a record revenue of $12.3 billion, growing 8%, with operating income at $1.0 billion. Diluted earnings per share surged 64% to $1.08, while non-GAAP EPS rose 16% to $2.03. Operating income increased 35% to $1.1 billion. The company ended the quarter with $13 billion in cash and investments and $4.6 billion debt repayment, indicating strong financial health.
Dell Technologies has expanded its PowerProtect portfolio, introducing the new Dell EMC PowerProtect DP series appliances that enhance data protection efficiency with up to 30% more logical capacity, 38% faster backups, and 45% quicker restores. The PowerProtect Cyber Recovery is the first endorsed data vaulting solution by Sheltered Harbor, aimed at improving cyber resilience in the financial sector. Additionally, updates to the PowerProtect Data Manager enhance cloud and Kubernetes data protection capabilities, allowing flexible deployment across various environments, thus addressing evolving data management challenges.
Dell Technologies (NYSE: DELL) will host a conference call on November 24, 2020, at 4:30 p.m. CST to discuss its third-quarter financial results for fiscal 2021. The audio-only webcast will be accessible on Dell's investor relations website, with an archived version available later. Prior to the call, the company will release its financial results and provide a presentation with detailed operational insights. This event is crucial for stakeholders to understand Dell's financial performance and strategic direction amidst the evolving tech landscape.
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