AUSTIN: Dell founder and CEO Michael Dell has claimed that the firm's move away from just hardware into a wider range of offerings following the acquisition of EMC is helping it to thrive at a time when former PC rivals have faltered.
Dell boasted that his company has seen success over its rivals owing to the decision to buy EMC and shift focus away from just physical technology such as PC hardware.
“In fact this last quarter we outgrew our competition, and in the last year all of our major PC competitors have declined while Dell is the only one that is growing,” he said.
Dell believes that the “physical reality is transforming into a digital reality” and that companies with a "physical businesses" strategy must transform to stay afloat. “This is what the best leaders are focused on,” he added.
He also dismissed claims that the firm will be distracted by its acquisition of EMC and the huge array of technology tools and products that it now owns.
“I’ve heard some saying we are going to be distracted by this combination,” Dell said, before replicating the sound of a game show buzzer after a contestant answers a question incorrectly. “That’s all wrong. Nothing like that is happening.”
However, despite the move into other areas, Dell said that the company will still focus on the PC hardware space as PCs are just as relevant now and in the future of connected devices and the burgeoning Internet of Things.
“PCs in all their various forms are deeply integrated into computing, and this is especially so in the internet of everything and the innovation that is happening at the edge. And in another 15 years, we are going to have another 1,000 times improvement,” he said.
Dell also touched on the success of his company since going private in 2013, and seemed pretty confident in the decision to pull out of public trading.
“We love being a privately controlled company, and I’ve not found any downside to it. We’re focused on long-term success, not short-term quarterly earnings per share and the thinking that plagues public companies. We can think of a time horizon that’s measured in days,” he said.
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