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Start-ups in India to be backed by Dell

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By NewsGram Staff-Writer

Computer manufacturer Dell has announced that it will support growing start-ups in India. On Monday, they said that they are extensively working on ideas that are unique and disruptive.

Dell Inc chief executive Michael Dell told media, “We will support start-ups with technology, scaling up and capital wherever it is required as we want to be the entrepreneurs’ best friend. He further added, ” I met several interesting start-ups in Bengaluru, including InMobi and others. They are doing amazing work.”

Praising the eco-system of start-up in India, Dell said that the business landscape in India was very different four-five years ago in India but now it has improved dramatically.

Ruling out making smartphones, Dell said only one or two firms were making profits in it and quite a few of them were losing substantial money in that business. He said, “One of our competitors which recently acquired another large smart-phone company had lost $1 billion in smart-phone business. We will focus on our business as there is enough opportunity.”

Dell privatized the listed firm two years ago by buying out shares of all institutional and retail investors in a $24.9-billion deal with his private equity partner Silver Lake. “Almost 20 per cent of my time is freed up now, which I am spending with customers, products and team members,” he noted.

Asserting that going private had helped him personally and his firm a lot, Dell said the decision has ignited new energy in employees and made decision-making faster. He also insisted that employee satisfaction will be given priority this year.

Noting that Dell India’s business has grown at 30 percent in 2014 was the highest globally for the company, Dell said India is the third largest market for its products and services. He said, “We are expanding and making investments in all our businesses in India, including services, R&D, data centre, Dell global finance, support services and manufacturing.”

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Predicting consolidation in the global PC market, Dell said the top three companies (Lenovo, HP and Dell) could corner about 80 percent market share over the next five-seven years.

“The top three companies only have 53-54 percent market share currently. In the PC space, we see a consolidation and gaining share. In the first half of this year, we outgrew other two companies in notebooks. We have been able to grow even though the market is shrinking,” he said.

With about 28,000 employees in eight cities across the country, Dell India focuses on major industrial verticals spanning telecom, banking, financial services, insurance, manufacturing and utilities. Dell India is also looking to expand retail outlets to 825 by this year’s end.

With Inputs from IANS

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Micheal Dell Feels That India can Emerge as Top-Player in Data Driven World

Talking about Digital India, Dell said that it's an excellent initiative of the government

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India
Dell Said that If you look at the countries of the world and compare them with India, the outcome of human progress is tremendous. Pixabay

The ‘data king’ of the world and founder of IT giant, Dell Technologies, Michael Dell feels that the next decade would be driven and shaped by data, and India could be one of the significant players. In an exclusive interview with IANS, here at the company’s Global headquarters the American billionaire businessman and Chairman of Dell, one of the world’s largest technology companies said that India figures as the topmost destination for his enterprise in the years to come.

From building a microsensor into a small finger ring to transforming autonomous vehicles, including aircraft by redefining artificial intelligence (AI), Dell seems determined to shape the world by the next decade through a revolution in processing and storing data.

“Dell is the only company in the world capable of achieving this objective…and I feel India has the potential to be a centre of excellence for us,” said Michael Dell, who leads the IT company which has a revenue worth over $90.62 billion, adding, “I would be visiting India soon and our company has ambitious plans to expand in a country known for its intellectual capabilities.”

Talking about Digital India, Dell said that it’s an excellent initiative of the government (led by Prime Minister Narendra Modi). “The Make in India (project) also impresses us. But it would be more appropriate if India focuses beyond manufacturing smartphones, (hinting that a lot more is happening in the manufacturing business related to IT). India has to focus on other areas too,” Dell told IANS during an interaction at Dell Technology Summit.

“If you look at the countries of the world and compare them with India, the outcome of human progress is tremendous. It (India) has all the possibilities to enhance its capabilities…and Dell is excited about this,” he said.

The 54-year-old billionaire with net worth of over $31 billion, is seen as one of the topmost philanthropists from this part of the world. His company is empowering people from economically weaker sections with software technology.

For instance, a door to door delivery salesboy from Boston, was recently trained in software skills and has now become part of the Dell engineering. Girls of a similar profile from Brazil have also joined the Dell team. Such examples are innumerable. By the next few years, Dell Technologies also dedicates 50 per cent of the jobs to women.

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The ‘data king’ of the world and founder of IT giant, Dell Technologies, Michael Dell feels that the next decade would be driven and shaped by data, and India could be one of the significant players. Pixabay

“In India, we are working with Tata Trusts in the field of social and health care services, and we have reached 11 million people. By the next few years we will try to reach 44 million. We have also set up a Dell Medical University in Austin, and we are focussing on providing innovative medical services to the unaffordable.

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“Our social commitment would be a top priority for the next 35 years. In the last 35 years Dell has grown from a small company to a global giant….and in the next 35 years we not only want to lead the world of technology but also want to focus on people who have been lagging behind in society. The world has to be better for everyone, in many ways,” said Michael Dell, once (in 1992) the youngest CEO of a Fortune 500 company to becoming a leader in shaping the future of the world. (IANS)