Dell To Roll Out Single Enterprise Platform In Major Operational Revamp To Unlock AI Potential: Report

Benzinga_recent_news01-14

In an internal memo to the workforce, Dell Technologies Inc. (NYSE:DELL) COO and Vice Chairman Jeff Clarke has reportedly announced a significant overhaul of the company’s operations, collectively ...

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Inc. (NYSE:DELL) COO and Vice Chairman Jeff Clarke has reportedly announced a significant overhaul of the company’s operations, collectively ...</p>\n\n<a href=\"https://www.benzinga.com/markets/tech/26/01/49900133/dell-to-roll-out-single-enterprise-platform-in-major-operational-revamp-to-unlock-ai-potential-report\">Source 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Way initiative will streamline Dell's existing systems by replacing multiple applications and databases in a bid to unify data, eliminate silos, simplify software applications, and create a foundation for the company to operate as a single, integrated organization. \nAccording to the memo cited by Business Insider, Clarke highlighted the importance of simplifying the underlying infrastructure to unlock the future potential of AI, stating that a simplified, standardized, and automated approach is essential to remain competitive.\nThe announcement follows Dell’s recent acquisition of Israeli AI startup Dataloop AI for $120 million. This strategic move was seen as a significant step in Dell’s AI push and its efforts to build end-to-end AI infrastructure offerings for enterprise customers.\nIn November, Dell delivered mixed Q3 earnings, with strong revenue growth driven by its AI offerings. \"AI momentum is accelerating in the second half of the year, leading to record AI server orders of $12.3 billion and an unprecedented $30 billion in orders year to date,\" said Jeff Clarke, vice chairman and COO of Dell.\nAccording to Benzinga Edge Stock Rankings, Dell has a momentum score of 29.86% and a value rating of 39.70%. Click here to see how it compares to other leading tech companies.\nPrice Action: Over the past year, Dell stock climbed 9.72%, as per data from Benzinga Pro. On Tuesday, the stock edged 0.67% lower to close at $119.66.\nImage via Shutterstock\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2603461844","isCrawlerRequest":true}