Dell Bets $1b On IoT, Opens New Division

Dell Bets $1b On IoT, Opens New Division

Dell Technologies has announced it intends to go big on IoT (Internet of things), by committing $1 billion in R&D to the area over the next three years and opening a dedicated new division. It is hoped the new IoT division will better enable the integration of associated products and services across Dell. The new IoT division will be run by VMware CTO, Ray O’Farrell, whose first mandate is to develop IoT products and services, plus new technologies. Chief Executive Officer, Michael Dell, said speaks of the future of artificial intelligence and IoT, as it will create one “interdependent […]