Dell Technologies Kicks Off $1 Billion IoT Venture

Dell Technologies Kicks Off $1 Billion IoT Venture

In a big strategic kickoff, Michael Dell, chairman and CEO of Dell Technologies , this week announced the company’s strategic vision for IoT. It includes a $1 billion investment in IoT R&D over the next three years; a new Dell Technologies IoT division; a new “distributed core” computing model; a new IoT-specific product, lab and partner program; and artificial intelligence (AI) and machine learning (ML) technology that will work in concert with IoT infrastructure. Ray O’Farrell, executive vice president and chief technology officer (CTO), VMware, will head up the new IoT division, as general manager. He’s responsible for orchestrating […]