Michael Dell reveals Dell Technologies’ achievements in one year

Dell Technologies CEO Michael DellDell Technologies CEO Michael Dell today announced major milestones on the first anniversary of the company.

The $74 billion Dell Technologies has Dell, Dell EMC, Pivotal, RSA, SecureWorks, Virtustream and VMware.

Dell Technologies invested $4.5 billion in R&D annually. Dell Technologies Capital has invested an additional $100 million in startups focused on future tech areas like artificial intelligence, machine learning, Internet of Things, genomics and others.

The company has committed to invest almost $1 billion incrementally in its people, go-to-market strategy and technology for key growth areas.

“We set the bar high and exceeded our own expectations,” said Michael Dell, chairman and chief executive officer of Dell Technologies. “We’ve made enormous strides this past year in serving the needs of our customers, from governments to fast-growing small businesses to many of the world’s largest enterprises.”

Dell EMC PowerEdge servers overtook the closest competitor to become No. 1 x86 server based on units shipped, and Dell EMC stood as the No. 1 converged systems provider.

Dell’s PC market share has achieved year-over-year PC market share gains in the last 18 consecutive quarters.

Dell leads the worldwide workstation and monitor markets.

Dell EMC retained the No. 1 position in All-Flash storage for the 12th consecutive quarter.

Dell and Dell EMC created $35 billion Dell Technologies channel and added 10,000 new business customers in its first year.

Dell EMC experienced revenue growth (nearly double historical rates) in underpenetrated accounts in the first half of 2017, fueled by cross-selling of server, storage, client and converged infrastructure solutions.

Dell shipped 2.55 units per second (40 million PCs; 2.5 million servers/enterprise products; 45 million S&P units). 27 days after the merger closed, Dell shipped the company’s first integrated Dell and EMC product.

Meanwhile, Dell Technologies said it posted revenue of $19.3 billion and operating loss of $1 billion in Q2 fiscal 2018.

Dell Technologies generated revenue of $9.9 billion (+7 percent) from Dell, $7.4 billion (+7 percent) from Dell EMC and $1.9 billion from VMware.

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