Dell plans to invest $1 billion in data centers and other infrastructure over the next year, to provide a backbone for its cloud services.
The hardware company, best known for its servers and PCs, plans to use the billion-dollar investment to fuel a major expansion in cloud product areas, targeting enterprises with high-margin products. This effort will focus on infrastructure-as-a-service, platform-as-a-service, virtual desktop-as-a-service and IT outsourcing, Dell announced today.
"Technology advances, delivery methods and the move to disruptive IT models like cloud are changing the fundamental way businesses operate," Steve Schuckenbrock, president of Dell Services, said in a statement. "Dell is mobilizing to help customers capture these benefits and, with today's announcement, is making the power of the cloud accessible to more organizations and users."
Read more of " Dell to invest $1bn in datacentres and cloud facilities" at ZDNet UK.