Dell Technologies Stock Price, News & Analysis

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.

On July 20, 2021, NBC Olympics announced its partnership with Dell Technologies for high-performance storage solutions for the Tokyo Olympics, scheduled from July 23 to August 8. Dell EMC PowerScale will be utilized to store and manage over 7,000 hours of video content across two production sites in Japan and one in the U.S. This collaboration aims to enhance global content sharing and viewer experience, showcasing technological innovations integral to Olympic story-telling.

Dell Technologies (NYSE: DELL) has partnered with Vodafone to establish Europe's first commercial Open Radio Access Network (O-RAN) network, aimed at enhancing broadband access across Europe. The initiative will commence in the UK, deploying Dell EMC PowerEdge servers at 2,500 sites to support data-intensive workloads. The collaboration is expected to drive innovation and new revenue opportunities by creating an open vendor ecosystem. Dennis Hoffman from Dell emphasized the partnership's goal of accelerating network deployment and delivering innovative solutions through open standards.