Dell To Spend $1 Billion On IoT To Challenge AWS

A new challenger has arrived! Dell Technologies is all ready to enhance its focus on IoT, by setting up a new the Internet of Things division that will speed up implementation of Internet connected devices.

Devices for homes, cars, factories, appliances, and more.

The, the hardware giant believes will put it in good stead to take the fight to companies like AWS and Microsoft Azure. Chief executive Michael Dell revealed this at a press event in New York yesterday, revealing that his company has earmarked $1 billion over the next three years.

Words of the CEO:

“Dell Technologies is leading the way for our customers with a new distributed computing architecture that brings IoT and artificial intelligence together in one, interdependent ecosystem from the edge to the core to the cloud.”

This move is a way for Dell to challenge cloud based providers like Amazon and Microsoft, as customers continue to spend more with these companies to manage the giant amount of data that is created.

Dell Technologies was formed in September last year after the acquisition of EMC and VMware were finalized. Other EMC companies like RSA Security and Pivotal Software also come under the Dell Technologies banner.

IoT, meanwhile, is the rapidly growing field that is touted by organizations and governments as the next frontier, the next big computing platform.

Gartner estimates that by 2020 there will be 20.8 billion connected things, up almost three times the 6.4 billion connected devices that were in use in 2016.