Dell Technologies

History

Main Article: Dell History

Founded in 1984, the desktop assembly company eventually became one of the largest corporations in the global IT market.

Structure

The Dell Technologies Group is formed by the merger of Dell and EMC. By the end of February 2019, Dell Technologies includes the following companies:

• Dell
• Dell EMC
• Pivotal
• RSA
• SecureWorks
• Virtustream
• VMware.

The company also includes an investment fund:

• Dell Technologies Capital.

Performance indicators

White Paper: Dell Financials

Dell Technologies' fiscal year runs from February through January.

2023: Server sales collapse 14% to $88.4 billion

At the end of the fiscal year, which ended on February 2, 2024, Dell's revenue amounted to $88.4 billion. This is 14% less than in the previous fiscal year, when the figure was $102.3 billion. Such data are given in a report published on February 29, 2024.

Dell's net annual profit is estimated at $3.2 billion. The growth compared to the previous financial year is 32%. Profit per security amounted to $4.36 against $3.24 in fiscal year 2023: growth in this indicator is 35%.

Dell Technologies

In the closed fiscal year, Dell experienced a sharp drop in server, network equipment, and storage sales. Revenue in this unit was recorded at $33.9 billion against $38.4 billion in fiscal 2023. Thus, the reduction was 12%. Servers and network solutions brought in $17.6 billion, which is 14% less on an annualized basis ($20.4 billion in fiscal 2023). The DSS accounted for $16.3 billion - a decline of 9% year-on-year ($18 billion in 2023).

In the customer solutions segment, Dell received $48.9 billion in revenue. This is 16% less than in the previous year, when the value was $58.2 billion. In the commercial sector, sales fell by 13% - from $45.6 billion to $39.8 billion. In the consumer direction, a decline of 28% was recorded - from $12.7 billion to $9.1 billion.

Dell is developing hardware platforms for generative artificial intelligence. These are, in particular, Dell PowerEdge servers XE9680 with AMD Instinct MI300X accelerators. The company also announced the expansion of the range of laptops and mobile workstations equipped with built-in AI based on a neural processor (NPU). In parallel, work is underway to create next-generation DSS optimized for resource-intensive AI applications.^[1]

Acquisitions and Sale of Dell Assets

• Acquisitions and Sale of Dell Assets

Partner Program

White Paper: Dell EMC Partner Network

Notes