Dell Technologies is no bigger just a PC company now that it is equipped to help companies adapt to the future of technology and focused on being inclusive of woman that have been left out, CEO Michael Dell told CNBC Wednesday.
The information technology corporation, which began commerce publicly again in late December after a nearly five-year hiatus, has adopted a new purpose since acquiring bulk stakes in VMware, the former EMC Corporation, and Pivotal Software in recent years.
We “really have positioned ourselves as a fellowship that can help our customers with the digital transformation: their journey to the cloud, and modernizing their IT environments, their workforce medium, and also IT security,” he said in a sit-down interview with “Mad Money’s” Jim Cramer.
Dell said the cloud data function is nearing a $40 billion after growing 19 percent in 2018. The computer maker’s combined revenue blossomed $11 billion to reach a record $91 billion in 2018, he said. Dell beat revenue estimates in its in front report since it began trading on the New York Stock Exchange.
After investing more than $20 billion on inspect and development in the past five years, Dell is in position to handle the data that is mounting in the world and the 5G revolution, Dell implied.
Still, as artificial intelligence and technology advances more and more quickly, there are people across the globe that are being Nautical port behind. Dell said it is important to engage those that have been disenfranchised to ensure the machines “echo our humanity” and that it is developed in a “responsible way, in an ethical way.”
He said the company is still in the “pregame show” of what’s to come onto the next decades.
“I am a huge optimist that technology will do far more good than bad,” he said. “It’s addressing all kinds of possibilities in health care, in education, in sustainability, the environment. Certainly, businesses are becoming more productive and more effective and essentially technology is about enabling human potential.”
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