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 has announced significant enhancements to its Anywhere Workspace platform, focusing on improved performance, scalability, and reduced infrastructure costs for virtual app and desktop environments. The new Workspace ONE architecture allows for more than 10x performance improvements and supports millions of endpoints. Additionally, the modernized SaaS platform facilitates faster feature delivery, promoting efficiency in IT workflows.
These developments highlight the company's commitment to automation and providing reliable experiences for remote working environments, addressing the evolving challenges faced by organizations today.
CrowdStrike (Nasdaq: CRWD) and Dell Technologies (NYSE: DELL) have formed a new strategic alliance aimed at enhancing cybersecurity for organizations globally. The partnership focuses on providing seamless and cost-effective solutions to manage cyber threats across various business sizes. The CrowdStrike Falcon platform is now available with volume licensing tailored for medium to large enterprises and public sector organizations, allowing for consolidation of spending and improved compliance. This collaboration aims to make cyber defense easier and more efficient.
Dell Technologies (NYSE: DELL) announced that EVP and CFO Tom Sweet will retire by the end of Q2 fiscal 2024. Yvonne McGill, currently the corporate controller, has been appointed as the new CFO, effective Q3 fiscal 2024. Both executives will collaborate for a seamless transition over the next two quarters. Additionally, Dell's commitment to delivering innovative technology and services remains steadfast, aimed at aiding organizations and individuals in building their digital future.
VMware reported a strong FY23 with a total revenue of $13.35 billion, marking a 4% increase from FY22. Subscription and SaaS revenue reached $4.01 billion, up 25% year-over-year. In Q4, revenue was $3.71 billion, a 5% rise from Q4 FY22. However, GAAP net income for FY23 fell 28% year-over-year to $1.31 billion or $3.09 per diluted share. Non-GAAP net income also decreased by 10% to $2.78 billion. The company is optimistic about its merger with Broadcom and growth in multi-cloud offerings, targeting an increase in customer demand.
Dell Technologies reported a record full-year revenue of $102.3 billion, marking a 1% increase from the previous year. However, fourth quarter revenue saw an 11% decline to $25 billion. Operating income for the full year rose 24% to $5.8 billion, while diluted earnings per share from continuing operations dropped 48% to $3.24. The company announced a 12% increase in its annual cash dividend to $1.48 per share. Key performers included the Infrastructure Solutions Group, achieving $38.4 billion in revenue, up 12%, while the Client Solutions Group revenue decreased 5% to $58.2 billion.
At Mobile World Congress 2023, VMware announced significant innovations aimed at enhancing service providers' networks to harness the benefits of 5G and improve edge connectivity for enterprises. Senior VP Sanjay Uppal emphasized the need for secure and reliable applications. Key highlights include the introduction of the Service Management and Orchestration framework and advancements in VMware NSX, promising accelerated networking and security for VNFs and CNFs. The firm also unveiled the VMware SD-WAN Client, expected in Q1 FY24, enhancing application quality. VMware's multi-cloud solutions were also showcased at its stand during the event.
At Mobile World Congress 2023, VMware (NYSE: VMW) showcased advancements in its Telco Cloud platform, demonstrating how it aids global communications service providers (CSPs) in modernizing networks and enhancing 5G capabilities. Key developments include partnerships with SoftBank and Vodafone Qatar, who are leveraging VMware's solutions for increased efficiency and service innovation. VMware also introduced Project Kauai, aimed at deploying flexible 5G RAN functions on bare metal servers, and hosted a developer challenge to foster Open RAN applications.
VMware unveiled new remote connectivity solutions at Mobile World Congress 2023, enhancing its SD-WAN and SASE offerings. This includes the VMware SD-WAN Client and advanced 5G edge devices developed with Intel. These innovations aim to improve application reliability and enhance performance by utilizing various transport services like LTE, satellite, and wired options. The SD-WAN technology reportedly shows a 40% improvement in user experience for voice and video applications. The SD-WAN Client is set to launch in Q1 FY24, and VMware is also introducing a certification program for professionals in this space.
At Mobile World Congress 2023,
VMware, Inc. (NYSE: VMW) has announced an expanded collaboration with Samsung, integrating Samsung’s O-RAN compliant virtualized RAN solutions with VMware Telco Cloud Platform for the DISH Wireless 5G network. This integration aims to optimize the deployment of Open RAN networks for Communication Service Providers (CSPs), enhancing network flexibility and reducing costs. The companies are focused on advancing a cloud-native architecture to simplify 5G network evolution. VMware is also developing 5G Core functionalities within the Telco Cloud Platform to support CSPs effectively. This collaboration aims to leverage a fully cloud-native infrastructure, facilitating cost-effective scaling of telecom networks.
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