Dell to cut cost by $2 billion over next three years
Added On:6/14/2012 11:19:00 AM

The tech giant Dell is planning to undertake $2 billion cost cuts over next three years. If reports are to be believed, Dell has taken this bold step in a bid to move a larger part of the business towards the enterprise to increase profitability.

According to Michael Dell, CEO at Dell the cost cuts will come in a number of areas including standardizing PC and server system configurations, moving operations to more affordable geographic areas and making the supply chain more efficient.

Trusted aides informed our team, Dell is likely to reinvest some of the savings attained through the cost cuts into different acquisitions. 

It is worth noticing; Dell has already started pouring financial and research resources into the enterprise business, which includes software servers, storage, services and networking.

Checking last 12 months report, it is found; Dell acquired eight companies, many of which are software and security companies tied to the company's enterprise products. 

Dell’s big acquisitions made this year include security company SonicWall which is a security vendor that specializes in firewalls, network security and anti spam systems and a software company Wyse Technology. 

As far as Dell's PC business is concerned, industry experts believe, the company is likely to keep the PC business lean and jump only into areas where there are more growth opportunities. 

No clear hints have been made for as how many job cuts will be made. So, stay tuned to get more information on this. 

 

Check out latest IT news at itvoir.com



Tags: Dell, IT news, latest IT news, Dell to cut cost, Dell acquisition
  

Related News

Alok Ohrie has been named as the President and Managing Director of its India operations by Dell.
Ohrie would be carrying the responsibility of further enhancing the company's end-to-end solution...

Dell, Intel Corporation and Revolution Analytics have recently announced the creation of the Big Data Innovation Center in Singapore. The new center will bring together various expertises across all t...

More than 150 female entrepreneurs and business leaders had gathered to attend the fourth annual Dell Women’s Entrepreneur Network global event.
Theme of the event was Pay It Forward, will...

News Archive - News
1  2  3  4  5  6  7  8  9  10  11  12  13  14  15    Older>>  

In a court briefing which opposed to Oracle’s effort to copyright its Java APIs, more than 30 computer scientists signed off. This is said to be a move which would hold back the computer industr...

 
After the retirement of co-founder and the Chairman Emeritus of the company, N R Narayana Murthy, from Infosys, India's third largest IT services exporter has been reappointed as Executive...

 
MTV and Swipe Telecom have jointly announced the launch of a new Dual SIM Fablet called the MTV Volt 1000 which will be the successor of the MTV Volt.
Featuring a 6 inch HD display sc...

 
Opening video collaboration software applications for mobile devices and personal computers, Polycom, Inc  has recently announced Polycom RealPresence Mobile3.0 and Polycom RealPresen...

Fujitsu, a world renowned leading Information and Communication Technology (ICT) company based out of Japan, has made a recent announcement regarding a new system of integrated cloud products and serv...

 
Apple has current plans to launch a low-cost iPhone that will sell out for $99 and will run on iOS 7.
Apple has been reportedly looking at iPhones with much bigger screens and will be...

Alok Ohrie has been named as the President and Managing Director of its India operations by Dell.
Ohrie would be carrying the responsibility of further enhancing the company's end-to-end solution...

Research firm Gartner, in a forecast said that the worldwide security technology and services market may reach $67.2 billion in 2013, up 8.7 per cent from $61.8 billion in 2012.
The market is sup...

Global chip maker Intel Corporation has designed and developed a new Atom microprocessor in 22 nanometer (nm) to power a range of smart phones and tablets for higher performance with less power consum...

The Indian IT representative body Nasscom, has said that it would fund and incubate 25 start-ups to be set up by young entrepreneurs across the country.
Som Mittal, Nasscom president in a stateme...
Top
Tags

Information provided on this page has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions.ITVoir.com, and its affiliates, information providers or content providers, shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this page, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information.
ITVoir.com,its affiliates, information providers and content providers shall have no liability for investment decisions or other actions taken or made by you based on the information provided.

Computer Vendors In India 
Computer Vendors In India - Delhi [Delhi]
Computer Vendors In India - Chandigarh [Punjab]
Computer Vendors In India - Mumbai [Maharashtra]
Computer Vendors In India - Banglore [Karnataka]
Computer Vendors In India - Agra[Uttar Pradesh]
Computer Vendors In India -Chennai[Tamil Nadu]
Computer Vendors In India - Kolkatta [West Bengal]
Computer Vendors In India - Kochi [Kerela]
Computer Vendors In India - Nagpur [Maharashtra]
Computer Vendors In India - Gurgaon[Haryana]
Follow us on:


 
 



 


 
MD, Newgen Software Technologies, Mr. Diwakar Nigam speaks..

Mr.Diwakar Nigam

MD , Newgen Software Te..

MD, Newgen Software Technologies, Mr. Diwakar Nigam speaks on the plight and f..

 

Mr. Virendra Gupta

Co-Founder & MD , NewsHunt

Mr. Virendra Gupta, Co-Founder & MD, NewsHunt provide..

Mr. Sunil Srivastava

India Sales and Marketing Manager , Shenzhen Rapoo Electron..

Mr. Sunil Srivastava, India Sales and Marketing Manag..

 


 
SanDisk Global Product Launch_Hon Wai Cheah Gavin Wu and Manisha Sood unveiling the new product rangeIntel India announced the launch of Intel Future Scientist program in the state of KarnatakaPuneet Chadha, Director GSB, HP-IPG & Siddharth Malhotra, Director Arun&Rajive Pvt. Ltd. - unveiling the HP Wall ArtSeagate Back-up Plus Launch – (L-R) Mr. Futoshi Nizuma, Mr. Benshen Teh, Mr. Nermount Hoh and Mr. Rajesh Khurana unveiling the new product. Toshiba launches AOC TV appoints Ms. Kalki Koechlin as the Brand Ambassador; showcases new range of LCD & LED TVsFujitsu Launches two new Ultrabooks, LIFEBOOK    UH572  and LIFEBOOK    U772 in India. Asus associates with Intel and Microsoft launches mainstream Ultrabooks S Series and Thin and Light notebooks F series. L- R Mr. Unaez Quraishi, Sales, Mr. Alex Huang, MD,  System business Group, Asus India, Mr. Sumeet Gugnani, Director - Multinational Accounts, Microsoft India - Mr. Sandeep Aurora, Director of Marketing, Intel South Asia.
 

 

The most user friendly operating system?

  • Windows
    [49.75%]
  • Mac OS
    [24.37%]
  • Linux
    [25.88%]