Dell Technologies pledges $1bn to IoT R&D, creates dedicated subdivision

Dell Technologies pledges $1bn to IoT R&D, creates dedicated subdivision

American tech giant Dell has committed $1bn to IoT research and development, at the same time announcing the creation of a new division to drive the work. Dell Technologies will spend the investment over the next three years, with a new “Distributed Core” computing model the basis of the IoT strategy . Michael Dell, Chairman and Chief Executive officer of Dell Technologies, said: “IoT is fundamentally changing how we live, how organisations operate and how the world works. “Dell Technologies is leading the way for our customers with a new distributed computing architecture that brings IoT and artificial intelligence […]