by admin | May 25, 2021 | Business, Corporate, Corporate Buzz, Economy, Interviews, Marketing Basics, Markets, News, SMEs, Technology
By Gokul Bhagabati,
Bengaluru : With the push for financial inclusion, Aadhaar and mobile communication, India has put in place a foundation for digital transformation that is now stronger than that of any other emerging country, says a top executive of Dell EMC, part of Dell Technologies.
“So you now have a way to transact money digitally, you have a way to communicate with each other digitally and you have a way to be identified digitally. This is a very, very strong foundational layer,” Amit Midha, President, Asia Pacific and Japan Commercial, Dell EMC, told IANS in an interview.
“A combination of these three initiatives will continue to create positive results for the society for decades to come. I think this will yield results in many ways that we have not seen yet,” Midha said, adding that many of the advanced societies also do not have such a strong digital foundation as India has.
The challenge for India, according to Midha, is to reform the education system in the right way so that it can produce the right kind of talent needed for the country’s digital future.
“What we are most excited about is India’s role as a source of innovation. At the moment, the quality of talent here is fantastic. New problems of a global nature are getting solved by the talent pool in India,” he added.
In the largest technology merger in history, Dell and EMC joined forces in 2016 to become Dell Technologies that provides the essential infrastructure for organisations to build their digital future, transform IT and protect information.
In India, the company counts among its customers some of the country’s biggest organisations, including the State Bank of India.
“India is one of the top 10 countries for Dell Technologies. It is growing nicely. We expect this digitisation trend to continue and our revenue growth on the back of it to continue as well,” Midha said, without disclosing the contribution of India to its overall revenue which is slated to exceed $80 billion in the current fiscal.
For the second quarter of this fiscal, Dell Technologies reported revenues of $22.9 billion, registering a robust double-digit growth of 18 per cent from the prior period.
“Our PC business and client business grew at 13 per cent. Our server and networking business grew 34 per cent. Our storage business grew 13 per cent,” Midha said.
“Our double-digit growth across the board suggests that customers are investing on their digital future,” he said, adding that Dell Technologies too transformed over the years to stay relevant to the businesses that it wants to help transform.
“I think our turnaround started in 2013 when we went private. We started investing more in R&D; we invested in sales and services; and we increased the speed of decision-making,” he said.
Midha, who also serves as a member of the Board of Directors of the US-India Strategic Partnership Forum (USISPF), which aims to foster a deeper strategic and economic cooperation between the two countries, added that Dell Technologies was committed to the India market for the long term.
“I want to make sure our India business continues to gain share and grows faster than the market. We are focused on creating more digital leaders in the country,” he added.
On India’s current emphasis on data localisation — as evidenced from the draft national e-commerce policy and the Reserve Bank of India’s recommendation for all foreign payment firms — Midha said that Dell Technologies was ready to help the country achieve its digital transformation goals according to the policy decisions that the country takes for itself.
Data localisation refers to storage of data generated in the country in a device which is physically present within its borders.
“Many countries have their unique situations in which they decide their policies. We will support customers no matter how policies are made. If you need to localise data, we will help you localise,” Midha said, while emphasising on the importance of having in place a data protection regime in the country.
On reports of Dell Technologies planning to go public again, the business leader, without confirming or denying the plan, said that a financial exercise to recapitalise the company was on.
“Whether this transaction happens or not, it will not change how we run our business. We are recapitalising, but it does not change in any way what we are focused on, where we are focused on,” Midha said.
“Do you know what happens to the companies that don’t change over a long period of time? They just disappear,” he said.
(Gokul Bhagabati can be contacted at gokul.b@ians.in)
—IANS
by admin | May 25, 2021 | Business, Markets, SMEs, Technology
New Delhi : Terming data privacy and cyber security concerns as biggest barriers to digital transformation, almost half of Indian businesses say they will struggle to meet changing customer demands within five years, a survey by Dell Technologies revealed on Tuesday.
The other half of Indian businesses believe they will disrupt rather than be disrupted, said Dell Technologies’ “Digital Transformation Index” completed in collaboration with Intel.
“It’s an exciting time to be in business. However, only technology-centred organisations will reap the rewards offered by a digital business model, including the ability to monetise the data, identify actionable insights, move quickly and automate everything to delight customers,” said Rajesh Janey, President and MD – India Enterprise, Dell EMC.
Nearly 12 per cent of Indian businesses are digital leaders — 5 per cent more than the percentage of digital leaders in China, said the survey.
“A quarter (25 per cent) of Indian businesses fear their organisation will get left behind within five years while 38 per cent of business leaders are worried they’ll be left behind,” it added.
According to the research, 93 per cent of Indian businesses are facing major impediments to digital transformation.
The top five barriers to digital transformation are: data privacy and cybersecurity concerns, regulation or legislative changes, lack of the right in-house skill sets and expertise, information overload and weak digital governance and structure.
Dell Technologies and Intel surveyed business leaders from 42 countries and benchmarked 4,600 businesses for the survey.
—IANS
by admin | May 25, 2021 | Business, Business Summit, Entrepreneurship, Events, Medium Enterprise, SMEs, Women Entrepreneur, World
By Bhavana Akella,
Toronto : Computer maker Dell will celebrate empowering women entrepreneurs from the world over at a three-day global summit from Sunday in this Canadian metropolis.
“The ninth edition of the annual Dell Women’s Entrepreneur Network (DWEN) from July 15-17 connects women entrepreneurs from across the world with networks, sources of capital, knowledge and technology,” said the US-based Dell Technologies in a statement ahead of the event.
The summit provides a platform to about 200 women business leaders, founders and entrepreneurs from countries like Australia, Brazil, Britain, Canada, China, Denmark, France, India, Israel, Japan and US to discuss issues on scaling and growing their businesses.
Since its inception in 2010, the annual gathering of businesswomen from the world over was held at San Francisco in the US, Cape Town in South Africa, Berlin in Germany, New Delhi and Shanghai in China among other cities.
Dell’s senior women executives, including Chief Customer Officer Karen Quintos, Senior Vice-President Christine Fraser, Managing Director for Australia and New Zealand Angela Fox are among others who will be present at the three-day event.
Women leaders from other technology firms like chip maker Intel’s Canada Director Elaine Mah, global software major Microsoft Canada’s social media head Roisin Bonner, London-based Ernst & Young’s investment banker Marla Brefka Heller and Canada’s Minister of Small Business and Tourism Bardish Chagger are the key speakers.
The summit will explore discussions on subjects like the power of women at work, women funding women-run businesses and the future of work.
Though women entrepreneurs worldwide are estimated to be 274 million, according to the Global Entrepreneurship Monitor for 2016-17, women-led businesses are known to receive fewer investments compared to those run by men, indicating stark gender bias.
A study by America’s Columbia University researcher Dana Kanze revealed that a mere 2 per cent of venture capitalist funding goes to women entrepreneurs in the US, despite they owning 38 per cent of the businesses in the richest country.
Amidst not-so-feasible conditions world across for women to succeed in businesses, the event will give women an opportunity to explore ways of securing funding through various women investors.
The summit will also release a Dell Women Entrepreneur Cities (WE Cities) Index, a gender-specific index showing a city’s ability to foster the growth of women-owned firms.
In 2017, the WE Cities Index released at a similar summit in San Francisco found that the Indian capital New Delhi ranked 49 in 50 countries, with New York topping the list.
(Bhavana Akella is in Toronto at the invitation of DWEN. She can be contacted at bhavana.a@ians.in)
—IANS
by admin | May 25, 2021 | Branding, Business, Corporate, Corporate Buzz, Large Enterprise, Marketing Basics, Markets, Technology
New Delhi : Touted as one of the largest non-government contracts, Dell Technologies on Friday announced that tech major GE will use Dell Inc. infrastructure and end-user computing solutions to support GE’s ongoing digital transformation efforts.
Under the multi-year deal, Dell Inc. becomes the primary IT infrastructure supplier for GE.
GE will now use Dell EMC servers, storage, backup and related professional services, aiming to enhance the reliability and efficiency of its IT infrastructure with automated and flash-optimised solutions.
“We are excited to deepen our relationship with GE to enable them to better serve customers and to continue our mutual exploration of what is possible for the industrial internet,” said Michael Dell, chairman and CEO, Dell Technologies.
The financial details of the deal were not disclosed.
GE will use Dell client solutions and peripherals to drive workforce transformation and improve end-user experience for its employees worldwide.
The company has previously worked with Dell Technologies companies like Virtustream, Pivotal and VMware, to support development of its ‘Predix’ industrial Internet of Things (IoT) platform.
“The investment we are making today will continue to push us forward and improve the end-user experience for our employees around the globe,” said Chris Drumgoole, Vice President and CTO, Digital Technology, GE, in a statement.
In addition, GE Digital is a Dell IoT Solutions Partner and the companies have worked together on a variety of Industrial IoT and OEM initiatives.
Dell and EMC have just completed one year of their merger. The company formed a unified Dell and Dell EMC salesforce and created $35 billion Dell Technologies channel and global channel programme, which added 10,000 new business customers to the Dell EMC portfolio.
—IANS
by admin | May 25, 2021 | Business, Corporate, Corporate Buzz, Investing, Large Enterprise, Markets, Technology
By Krishna SinhaChaudhury,
Mumbai : A year after the historic merger of Dell Technologies and EMC, the company has empowered several Indian enterprises transform their information technology (IT) infrastructure, a top executive said here on Friday.
Dell EMC has emerged as a holistic solutions provider and holds the second spot in the India mainstream server market (by revenue), with a share of 26.5 per cent.
“According to the International Data Corporation (IDC), in Q1 2017, Dell EMC was No 1 in the India storage market with 43.4 per cent market share (by revenue) and holds second position in the India mainstream server market (by revenue),” Rajesh Janey, President and Managing Director, Enterprise Dell EMC, told reporters here.
With a share of 22.5 per cent, the company has now climbed to the second spot in the personal computer (PC) market in the country.
“As new digital business models emerge, there is an increased focus on reinventing business to thrive in the digital age. Organisations are now investing in innovation with emerging technologies and the first step towards this innovation is modernisation,” Janey said on the sidelines of the ‘Dell EMC Forum 2017’ event here.
“We are strongly positioned to guide customers on their digital transformation journey from edge to core to cloud. We are celebrating Dell EMC’s first-year anniversary and we would continue with our strategy to deliver results for our customers, partners, companies and team members,” Janey added.
On R&D, the company said that the India team is contributing 60 per cent to overall server systems management software, with the grounds up engineering of 14th generation servers touching three key tenets of scalability, intelligent automation and integrated security.
Earlier in July, the company had launched the 14th Generation PowerEdge Servers globally.
“We are well placed to enable businesses in their digital transformation journey across three key pillars of IT, security and workforce transformation,” said Alok Ohrie, President and Managing Director, India Commercial, Dell EMC.
“We are uniquely positioned to address numerous technology touch points to modernise their IT infrastructure, from end point devices to data centre and Cloud with a strong focus on security,” he added.
The company currently has nine offices in the country in Mumbai, Pune, Gurugram, Bengaluru, Delhi, Chennai, Hyderabad, Kolkata and Ahmedabad.
The company annually invests around $4.5 billion for research and development. Dell-EMC employs nearly 140,000 people in 180 countries. It has a combined revenue of $74 billion.
(Krishna SinhaChaudhury can be contacted at krishna.s@ians.in)
—IANS
