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 (DELL) maintains its industry leadership through continuous innovation in enterprise IT infrastructure and AI-driven solutions. This dedicated news hub provides investors and technology professionals with timely updates on corporate developments, strategic partnerships, and market-moving announcements.
Access curated press releases and analysis covering Dell's advancements in data center hardware, cybersecurity initiatives, and edge computing deployments. The repository includes earnings reports, product launch details, executive commentary, and regulatory filings – all essential for understanding the company's position in digital transformation markets.
Key focus areas include Dell's progress in hybrid cloud solutions, commercial PC market trends, and sustainability efforts within global IT ecosystems. Content is organized for efficient navigation between financial updates, technological breakthroughs, and partnership announcements that shape the company's trajectory.
Bookmark this page for streamlined access to Dell's official communications and third-party analyses. Combine real-time updates with historical context to track the company's execution against its long-term infrastructure modernization goals.
VMware reported Q3 fiscal 2023 revenue of $3.21 billion, a 1% increase year-over-year, with subscription and SaaS revenue reaching $988 million, up 20%. Subscription and SaaS ARR grew 24% to $4.10 billion. However, GAAP net income dropped 43% to $231 million ($0.54 per share), while non-GAAP net income fell 15% to $626 million ($1.47 per share). Operating income also decreased by 25% to $390 million. RPO increased 7% to $11.90 billion.
Dell Technologies has announced advancements in its PowerProtect Data Manager software and new appliance aimed at enhancing operational security and cyber resiliency. The introduction of isolated cyber vaults in Google Cloud expands Dell's cyber recovery capabilities. Additionally, the Dell APEX Data Storage Services now offers flexible backup storage as-a-Service. These innovations support the implementation of Zero Trust principles and include a new Cyber Recovery Guarantee, which provides up to $10 million in reimbursement for data recovery expenses following cyber incidents.
Dell Technologies (NYSE:DELL) expands its high-performance computing (HPC) portfolio with new server offerings to enhance AI capabilities. Key additions include the PowerEdge XE9680, XE9640, and XE8640 servers featuring advanced GPU options from NVIDIA and optimized for AI workloads. The Dell APEX High Performance Computing service allows organizations to manage scalable HPC workloads as a subscription. Additionally, the Dell Quantum Computing Solution integrates quantum technology into existing infrastructures. New validated designs for HPC aid financial institutions in risk assessment, accelerating data analyses.
Dell Technologies announces the launch of its next-gen PowerEdge servers powered by 4th Generation AMD EPYC processors, enhancing application performance by up to 121% and doubling previous system capabilities. These servers feature advanced cooling technologies for increased power efficiency and built-in cybersecurity operations for protecting sensitive data. The PowerEdge R7625 model has set a world record for accelerating in-memory databases, while sustainability efforts include using recycled materials and reduced CO2 emissions.
At VMware Explore 2022 Europe, VMware (NYSE: VMW) unveiled innovations aimed at enhancing multi-cloud capabilities for customers. CEO Raghu Raghuram highlighted the shift towards a 'Cloud Smart' approach, addressing complexities in cost, cybersecurity, and energy consumption. Key offerings include the VMware Sovereign Cloud, next-generation SD-WAN, and Carbon Black XDR, designed to improve operational efficiency and security. Research indicates that 97% of cloud-smart organizations reported revenue growth, showcasing the effectiveness of VMware's strategies.
HPE and VMware have announced a partnership to deliver HPE GreenLake for VMware, aimed at creating a unified, modern hybrid cloud solution. The collaboration is designed to help organizations address the complexities of cloud management with a pay-as-you-go model. This integrated service focuses on offering flexibility and choice, enabling customers to optimize their infrastructure across various environments. Expected to be available in the first half of 2023, this solution enhances the operational framework for over 200,000 shared customers of both companies.
VMware and Equinix have expanded their partnership by launching VMware Cloud on Equinix Metal, a new distributed cloud service targeting enterprises. This service promises enhanced performance, security, and cost-effectiveness, addressing customer needs for low-latency and high-performance applications. It combines VMware's IaaS with Equinix's Bare Metal as a Service, enabling seamless operations across multiple cloud environments. This move aligns with the growing demand for cloud-smart solutions, facilitating better infrastructure for smart cities, video analytics, and financial trading.
Wipro Limited (NYSE: WIT) and VMware, Inc. (NYSE: VMW) have announced an expanded partnership to accelerate digital transformation for mutual customers. Wipro will launch a new business unit focusing on VMware solutions, enhancing multi-cloud capabilities and innovation. This initiative aims to streamline VMware implementations and improve ROI for businesses. It will leverage Wipro’s extensive expertise across industries, with a commitment to sustainability. The collaboration includes significant investment for global service delivery and aims to deploy 5,000 cross-trained professionals in the next two years.
VMware has expanded its Sovereign Cloud initiative, increasing its global partners to 25. The company introduced new offerings including VMware Tanzu and compliance tools tailored for sovereign environments. These solutions aim to enhance data protection and compliance while enabling enterprises to modernize applications. Research indicates a strong belief among organizations in data monetization, but also highlights significant concerns regarding data sovereignty compliance. VMware's advancements position it well in addressing these challenges in cloud services.
VMware has launched a new SD-WAN Client to enhance secure connectivity for enterprises amidst their shift towards multi-cloud environments. This client, part of VMware’s next-generation SD-WAN solution, aims to optimize application delivery across any network and device. Enhanced AIOps capabilities have been added to improve SD-WAN operations. VMware also announced the expansion of its SD-WAN and SASE footprint with 16 new points of presence globally, facilitating better cloud access. These innovations are intended to improve security and reduce operational costs.
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