Dell to plough $1bn into IoT division

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In a press release, O'Farrell explained Dell's vision for the new group: "Our new IoT Division will leverage the strength across all of Dell Technologies family of businesses to ensure we deliver the right solution - in combination with our vast partner ecosystem - to meet customer needs and help them deploy integrated IoT systems with greater ease".

Cloud providerBloomberg reports Dell Technologies has appointed VMware CTO Ray O'Farrell to lead the new division. The increase in digital transformation spending anticipated over the next few years is presenting Dell with more opportunities to make money from the cloud.

Dell Technologies has unveiled plans of a major new IoT push, including a new division specifically targeting new connected technologies.

Dell Technologies, which includes units such as Dell EMC, Pivotal, VMware and RSA, touches on many aspects of IoT.

After pivoting from personal computers to data center hardware and software, Dell Technologies is now charting a course toward the next state of its evolution - providing "distributed" computing through the Internet of Things.

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This includes Project Nautilus, a new software offering that takes in and analyses data streams from IoT gateways in real-time.

"IoT is fundamentally changing how we live, how organizations operate and how the world works", said Michael Dell, Chairman and Chief Executive Officer of Dell Technologies. Noting this, Dell Technologies is both expanding its partner program and ecosystem, as well as continuing its commitment to openness and standardization in IoT.

Implementation of "Worldwide Herd", consulting services for performinganalytics on geographically dispersed data - increasingly important to enable deep learning ondatasets that can not be moved for reasons of size, privacy and regulatory concern. EdgeX Foundry is a vendor-neutral open source project building a common interoperability framework to facilitate an ecosystem for edge computing. "The program will now support partners across all Dell Technologies businesses, allowing for easier collaboration and implementation of blueprints", Dell said.

Through Dell Technologies Capital, the investment arm of the Dell Technologies Group, the company has selected and is investing in five promising startups in the area of IoT, artificial intelligence and machine learning. Dell Technologies will provide a cloud-like payment options through Dell Financial Services flexible consumption models.

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