Sweet On Dell Technologies: Investing in the Vision

first_imgIDC WW Quarterly Personal Computing Device (PDC) Tracker CY20Q1.IDC WW Quarterly Server Tracker CY20Q1.Amount represents R&D expense and includes EMC amounts prior to the merger transaction date on September 7, 20162020 Patent 300 List by Harrity Patent Analytics and IPO So much has changed in the world and in our industry since Dell Technologies returned to the public market. Globally, we’ve seen new trade tensions, political machinations, a pandemic and an outcry for racial justice and socio-economic change. And in our industry, we’ve seen the continued explosion of data accompanied by the rise of multi-cloud, 5G and AI. It’s made for an interesting time to be in the market, whether as an investor or a public company.Now more than ever, there is a need for clarity and consistency for our stakeholders—and at Dell Technologies, that starts and ends with our vision. We are positioning Dell Technologies to become the most essential technology company for the data era.There are three things we know we must to do to achieve this vision and best serve our customers and stakeholders:We must win in the consolidating markets in which we compete by gaining share and leading the industry in our core product categories.We must innovate and integrate across the Dell Technologies portfolio. This means developing and investing in breakthrough technologies—across edge, core data center, cloud and security, including our venture arm Dell Technologies Capital, for truly differentiated solutions.And we must optimize our capital structure to ensure we’re best positioned for future growth and shareholder return. We’ll do that by carefully managing our cash flow, paying down debt and making smart, long-term investments in pursuit of our strategy and vision.If we do these three things, we have a seat at every table as customers look to transform their organizations for the future and do so with fewer, not more, technology partners. That’s the opportunity we see for our company—and it’s big.None of this is new thinking. It’s the path we’ve been on since Dell Technologies’ inception.We continue to make progress in the consolidating core markets in which we compete by gaining share in PCs and servers. We were the only vendor in the top five to have positive year-over-year PC unit growth in the first quarter of this year, and we moved up to #2 worldwide in commercial PC sales.¹ In mainstream servers, we broke our own record with 31.3 percent share, up 106 basis points year-over-year.2On the innovation front, Unified Workspace, Dell Technologies Cloud Platform, and the just-launched PowerStore midrange storage platform are great examples of how we’re innovating across our portfolio and co-engineering with VMware to bring game changing, integrated solutions to customers. Over the last five fiscal years, we’ve invested approximately $18 billion in R&D3 across the Dell Technologies estate and are currently ranked #16 worldwide in patents issued.4We are focused on creating long-term value for stakeholders and optimizing our capital structure. Our liquidity position is strong with more than $13 billion of cash and investments at the end of our first fiscal quarter. We have worked to smooth out our debt maturity towers—only $600 million due this month, plus approximately $200 million of debt amortization for the year. We intend to reduce core debt by roughly $5.5 billion this fiscal year and use the proceeds from our first quarter bond issuance to pay down an additional $2.25 billion this year.The reality is we are a different company than we were when we first re-entered the public market. With more than $180 billion in revenue in the last two years alone and significant investments in research, innovation and building out our portfolio, we are uniquely positioned for this digital decade. Today we have broad capabilities spanning traditional infrastructure, hybrid-cloud technologies, software and security solutions, and services—all of which are multi-billion-dollar businesses.Every step we take is progress toward our vision to become the most essential technology company for the data era. It’s a vision we will relentlessly pursue to create differentiated value for all Dell Technologies stakeholders—customers, partners, team members, communities and investors. Listen to our Q1 earnings call to learn more.last_img read more

Moody’s: Renewables continue growing at coal’s expense

first_img FacebookTwitterLinkedInEmailPrint分享Financial Times ($):Emerging markets are set to eclipse developed nations next year in their capacity to generate wind and solar power as equipment costs fall and the energy market approaches “peak coal”, according to Moody’s, the credit rating agency.While developed countries have long been leaders in renewable power generation, emerging economies are close to overtaking them, bringing their total installed capacity of wind and solar to 307GW and 272GW — respectively 51 per cent and 53 per cent of global capacity, according to Moody’s calculations.China accounts for the lion’s share of the upsurge. But Middle East and north African countries are scheduled to have installed 14GW in solar plants by the end of 2018 — a seven-fold increase from 2015. Central and South America are also expected to reach 14GW, nearly five times more than in 2015, while India is set to hit 28GW, a jump of nearly six times.“Everyone knows the cost of installing solar and wind energy has been coming down, but recently we have seen prices hitting extreme lows in places such as Mexico, Chile, India and Abu Dhabi,” said Swami Venkataraman, senior vice-president at Moody’s Investors Service. “This fall in costs is definitely changing the calculus of [emerging market] governments, allowing them to pursue renewables much more aggressively,” he added.Another factor is the onset of “peak coal” in the energy market. In 2013, the US Energy Information Administration projected that world coal demand would rise 39 per cent by 2040. Now it is expecting growth of just 1 per cent.More ($): Emerging markets poised to lead pack on renewable energy Moody’s: Renewables continue growing at coal’s expenselast_img read more

FBI issues DDoS attack warning

first_img 14SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The Internet Crime Complaint Center (IC3) has issued an alert regarding an increasing number of complaints from businesses hit by Distributed Denial of Service extortion campaigns via email. The FBI said it suspects multiple individuals are involved in these ransom plots.In a typical extortion campaign, the targeted business receives an email threatening a DDoS attack on the company’s website unless it pays a ransom. Ransoms, which are usually demanded in Bitcoin form, vary in price. continue reading »last_img

Navigant wins North Sea Wind Power Hub contract

first_imgNavigant will also manage the process of discussion preparation, collection, and integration of feedback and preparation for decision making, as well as develop or manage the procurement of external services for the development of discussion papers on key topics. The overall goal is to support the NSWPH consortium in delivering on the topical agenda through the development and execution of a structured process to establish political consensus and prepare timely decision making on key issues to facilitate international agreements to support cross-border, cross-sector offshore wind projects after 2030. The Dutch company will provide support services to assist in structuring, initiation, and management of structured discussions with policymakers to realize the first hub-and-spoke project in the early 2030s. TenneT Netherlands, TenneT Germany, Energinet, Gasunie, and the Port of Rotterdam joined forces in the consortium to develop a ”hub-and-spoke” concept, where offshore wind farms will connect to one or several hub islands via alternating current cables. Navigant Netherlands has secured a contract to provide assistance in structured discussions with policymakers to realize the North Sea Wind Power Hub (NSWPH). All activities aim to facilitate public commitment in the form of a project-specific Memorandum of understanding (MoU) or intergovernmental agreements between countries. Power converted into direct current electricity by converters on the hub islands before being exported by a series of interconnectors (the spokes) to connecting North Sea countries.last_img read more

Edo Gov Rewards Bendel Insurance with N25m

first_imgThe highly anticipated make-or-mar encounter between both teams, was concluded on Monday morning at the University of Benin Sports Complex, after a tension-soaked Sunday afternoon encounter that was postponed due to bad weather.With the 2-1 win, the Edo Arsenal as Bendel Insurance is fondly called, has secured the three points it needed to top the Table and now awaits NFF’s decision on the NNL Super 8 play off.If the NFF sticks to the same rule that allowed Lobi Stars to be declared winner of the abridged 2018 NPFL season, Bendel Insurance and their fans may well be preparing to return to the topflight again after over a decade in the wilderness of Nigerian football.Edo State Governor, Mr. Godwin Obaseki whose sports policy made it possible for Insurance to achieve this feat received the team at the Government House in Benin yesterday.A visibly elated Governor Obaseki congratulated the management and players of Bendel Insurance Football Club for defeating 3SC to be on course to returning to the Nigeria Professional Football League.Obaseki said the victory was another fulfillment of his administration’s promise to Edo people and residents.“My joy knows no bound because of what you have done today. I congratulate you and congratulate myself. I say this because it is another promise kept. We promised Edo people that we would bring Bendel Insurance to its lofty status which we all will be proud off and make sure they go on to play in the Premier league,” the governor said.He described the Deputy Governor of the State, Hon. Philip Shaibu who led the team to his office as the father of the New Bendel Insurance FC and commended him for the giant strides he made in rebranding the club.“We have built a team and have a machinery that will win the premier league, I am giving the club the sum of N25 million to show how grateful we are as a government,” Obaseki said.The deputy governor of the state, said in 2017, the state governor gave him a marching order to rebrand Bendel Insurance FC and other sporting activities in the state.“We did a lot of rebranding in the club and we appreciate the governor for ensuring prompt release of the budget of the club and the payment of salaries.He said the technical team was working to sign in bigger players to join the players in the club in preparation for the national premier league.Former National Deputy Secretary, Sports Writers Association (SWAN), Mr. Ben Ogbemudia, described the 2-1 win as deserved.He said: “Bendel Insurance FC win over 3SC is making Edo people proud again that the huge investment of the Obaseki-led administration is delivering results.“Obaseki took Bendel Insurance from an all-time low period in which salaries and allowances were not paid and when paid, they were irregular.“The players used to wear tattered jerseys, no provision was made for a serviceable vehicle to transport players to and from match venues. The team used to travel on match days. They did not have a camp that was conducive for training,” recalled Ogbemudia who is a former Media Officer of the team.The sportswriter said the tragic story changed when Governor Obaseki began the revamp of the team.“What we have now is a truly rebranded Bendel Insurance FC and with this historic win and promotion to the elite NPFL, the players have demonstrated their appreciation to the Edo State Government for investing faith in them.Bendel Insurance Football Club, originally known as the Vipers of Benin with a traditional base at the Samuel Ogbemudia Stadium, was one of Nigeria’s top teams in the 1970 through 1980s.The ownership crisis coupled with other problems plunged the team into relegation at the end of the 2007–08 season after finishing last on the table. It was the first time the team was being relegated from the top level in its history.Despite the state government’s intervention in 2008, that reversed its ownership to the state government, Bendel Insurance FC continued to grapple with series of challenges that kept the club in troubled waters until the Obaseki administration overhauled its management.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram *Says club’s triumph over 3SC and hope of promotion to NPFL is promise keptAdibe Emenyonu in Benin CityBendel Insurance Football Club yesterday in Benin City, made a bold move to return to the Nigeria Professional Football League (NPFL) with a 2-1 defeat of 3SC Football Club of Ibadan.last_img read more

Clippers guard Lou Williams has no doubts about who should be Sixth Man of Year

first_img“I just got used to it after a while,” he said of the added workload. “It just became my make-up. It just became what was needed. We had the next man up mentality, and it worked for us for a while. At the end, when a lot of these teams buckled down, I just think somewhat mentally, we didn’t match up.”TEODOSIC UPDATETwo plantar fascia injuries to his left foot, one at the start of his rookie season and one near the end, limited Teodosic to only 45 games after he signed with the Clippers last summer after many years of standout play in Europe, including the last six with CSKA Moscow.Despite the injuries, despite the higher level of play, the 31-year-old Teodosic fit in well.“I thought he was terrific,” Coach Doc Rivers said. “His shot was up and down, but you could see at the end he was really starting to get his legs under him and making shots. His passing is contagious. When he doesn’t play in games, we miss that. You miss the ball movement.“He makes you want to pass the ball.”Teodosic averaged 9.5 points, 2.8 rebounds and 4.6 assists.“It’s always good to have a guy like that on your team,” Rivers said. “I don’t know if he thought he would come in and be a superstar in this league, but he was so much better than a rookie. You can see that. I think if he decides to play more in the NBA, he’ll be even better.”Teodosic signed a two-season, $12.6 million contract, with a player’s option for next season.“He is as smart and clever as any player I’ve ever coached,” Rivers said.MILESTONE UPDATESDeAndre Jordan made seven field goals in Saturday’s loss to the Nuggets and moved past Danny Manning into sixth place on the Clippers’ all-time list with 2,853. Also, by scoring 16 points and grabbing 17 rebounds, he moved within one of Elton Brand’s club record of 265 double-doubles. Clippers vs. Mavericks Game 5 playoff updates from NBA beat reporters What the Clippers are saying the day after Luka Doncic’s game-winner tied series, 2-2 For Lakers’ LeBron James, Jacob Blake’s shooting is bigger issue than a big Game 4 victory Newsroom GuidelinesNews TipsContact UsReport an Error LOS ANGELES — It was a simple question, and Lou Williams had a simple answer Saturday.Did he think he deserved to be named the NBA’s Sixth Man of the Year?“Yes,” Williams said.Simple as that?center_img Season-ending injuries to fellow guards Patrick Beverley (knee surgery), Avery Bradley (abdominal surgery), Jawun Evans (abdominal surgery) and Milos Teodosic (foot) placed an additional burden on Williams in 2017-18, one he didn’t expect but one he carried without complaint.Williams averaged 32:46 minutes per game, also a career high. Clippers hope they can play to their capabilities, quell Mavericks’ momentum “First player off the bench to lead his team in scoring and assists, have an opportunity to be in the All-Star talks and just forced to be competitive with the way everything went,” he added. “Just honestly speaking, I had a lot to do with it. I’ve seen guys win awards just based on the numbers with their teams not being successful, so with the history being made, I think so.”The numbers would appear to be on Williams’ side.After all, he leads the Clippers with averages of 22.6 points and 5.3 assists, which also are career highs. His scoring average of 22.5 points while coming off the bench is the highest of any reserve in the past 25 years. He’s the only player in NBA history to average 20 and 5 as a backup.Related Articles Kristaps Porzingis ruled out as Clippers, Mavericks set for Game 5; Follow for game updates last_img read more

Bears out looking for garbage as winter hibernation approaches

first_imgA Charlie Lake resident has some concerns about a black bear they saw roaming the Cherry Road area earlier today.They said the bear wasn’t easy to scare off,  but eventually left the premises, and is suspected to still be nearby.black bearA resident submitted this photo of a black bear eating their garbage.- Advertisement -Micah Kneller with the BC Conservation Office said this bear is likely the same one known to them, which has been seen in Charlie Lake many times over the last two weeks.While they know of it, he says it poses no direct threat to residents.“We are monitoring the location and habits of this bear in the Charlie Lake area. To this point, it hasn’t done anything that’s aggressive,” he said. “Whenever the attractant it’s been getting into has been removed, the bear hasn’t been coming back.”Advertisement He added that bears usually start looking through garbage for food prior to hibernation. According to Kneller, bears start to learn where to find food, and people can deter bears from coming back by removing whatever it is attracting them in the first place.He urges people to keep their garbage in the house or garage until collection day to keep it away from bears.“The problem right now is that people are continuing to store their garbage in an accessible location for the bear,” he said.Kneller also emphasizes that things other than our food can also attract bears, such as pet food and bird feeders.Advertisementlast_img read more