Dell’s Differentiated Enterprise Solutions
Posted: Wed Jun 29, 2011 5:38 am
Dell’s Differentiated Enterprise Solutions and Services Driving Long-Term Value and Growth
Date : 6/28/2011
Dell is moving deeper into the core of information technology with its own intellectual property that delivers efficient, flexible and differentiated IT solutions to millions of customers worldwide, Michael Dell, chairman and CEO, said today in advance of the company’s analysts meeting on Wednesday.
Dell’s mid-market design focus provides open systems that are highly capable, affordable and flexible enough to scale to meet the needs of large enterprises, public institutions and mid-size businesses. That focus is competitively differentiated and creates value for customers based on a set of solutions domains: next-generation computing solutions and intelligent data management; services, security and cloud; and, end-user computing.
“Over the past year we have made great progress towards our strategy,” Mr. Dell said. “Dell today has its strongest-ever portfolio of solutions, intellectual property and differentiated products, backed by new skills and capabilities in our global team. We also have fundamentally redefined our operations to optimize our global value chain and it is showing in our financial results.”
Brian Gladden, Dell CFO, outlined the key priorities underway to allow the company to deliver on its long-term value creation framework of 5-7 percent revenue growth, GAAP operating income of more than 7 percent and cash flow from operations exceeding net income. Those priorities include accelerated enterprise growth, disciplined cost management and operational improvements, and continued profitable growth in laptop and desktop products. Over the past four quarters, Dell’s revenue has exceeded the long-term growth goal, GAAP operating income has been 6.7 percent and cash flow has been $4.2 billion, which was 1.3 times net income.
Mr. Gladden also reported that, fiscal year-to-date, Dell has repurchased $1.6 billion in stock and expects to repurchase more than $2 billion in stock during the current fiscal year.
“Dell is committed to a capital allocation strategy that includes investments in developing and acquiring new intellectual property, enhancing our sales capabilities and in our ongoing stock-repurchase program,” Mr. Gladden said.
More than 150 analysts and investment bankers have registered for the meeting, which will be webcast live and be available on replay after the event. To view the live webcast of the meeting starting at 7 a.m. CDT or the replay, go to www.dell.com/investor.
About Dell
Dell Inc. (NASDAQ: DELL) listens to customers and delivers innovative technology and services that give them the power to do more. For more information, visit www.dell.com.