Dell Technologies is one of the largest tech companies in the world, with over 165,000 employees across the globe. Founded by Michael Dell in 1984, the company focuses today on sales of personal computers, network servers, data storage solutions, and software. As of January 2021, Dell was the largest shipper of PC monitors globally and the third-largest PC vendor by unit sales worldwide. In April 2021, the company announced plans to spin off its 81% ownership stake in VMware, a cloud-computing and virtualization software firm that joined Dell Technologies in 2015 as part of its $67 billion acquisition of software giant EMC.
Dell was founded in 1984 by Michael Dell, the computer industry’s longest-tenured chief executive officer, on a simple concept: that by selling computer systems directly to customers, Dell could best understand their needs and efficiently provide the most effective computing solutions to meet those needs. This direct business model eliminates retailers that add unnecessary time and cost, or can diminish Dell’s understanding of customer expectations. The direct model allows the company to build every system to order and offer customers powerful, richly-configured systems at competitive prices. Dell also introduces the latest relevant technology much more quickly than companies with slow-moving, indirect distribution channels, turning over inventory every three days on average.