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.
Dell Technologies announced significant advancements for Dell PowerStore, including up to a 30% software-driven performance boost and 66% hardware performance improvement.
PowerStore now offers the industry's most flexible QLC storage and a new 5:1 data reduction guarantee.
The updates also enhance multicloud data mobility and efficiency, with AI-driven capabilities from Dell APEX AIOps improving infrastructure availability.
PowerStore Prime combines these advancements with new support programs for customers and partners, aiming to bolster IT investment protection and increase partner profitability.
Dell Technologies introduces the Dell AI Factory at Dell Technologies World, offering a comprehensive AI solutions portfolio from desktop to data center to cloud. The initiative aims to accelerate AI adoption with integrated hardware and software, leveraging NVIDIA infrastructure and services. Key innovations include new Dell AI PCs powered by Snapdragon processors, advanced storage solutions like PowerScale F910, and networking advancements with PowerSwitch Z9864F-ON.
Dell strengthens its ecosystem with partners like Hugging Face and Meta, offering optimized deployment of AI models. The company also expands its AI Professional Services to streamline AI platform development and usage. New products and services, including Dell AI PCs and various networking and storage solutions, will be available throughout 2024.
Dell Technologies has unveiled new PowerEdge servers: the R670 and R770 CSP Edition, and the T160 and R260. These servers introduce performance enhancements and a new standardized architecture for easier deployment and maintenance. Key features include the use of Intel® Xeon® 6 Efficient core processors, which deliver up to 2.3x more performance per rack, Smart Cooling technology for energy efficiency, and the Dell Open Server Manager for simplified management.
The servers are designed for diverse users, from large cloud service providers to small businesses. The T160 and R260 models offer compact, efficient performance, with the T160 being notably energy efficient and sustainable. The servers will be available starting in May, with some models exclusive to cloud providers starting in July.
Dell Technologies is enhancing its data protection portfolio with new appliances, software, and AI offerings to combat rising cyberattacks. The company aims to build a modern cyber resilient foundation for customers, addressing concerns from the 2024 Dell Global Data Protection Index. The new PowerProtect Data Domain appliances offer improved performance, security, and efficiency, with scalability up to 1.5 PBs. Dell APEX Backup Services AI aids in productivity and efficiency, providing real-time reports, troubleshooting, and intelligent recommendations. Storage Direct Protection in PowerProtect Data Manager integrates with Dell PowerMax for fast and secure backup and recovery.