Dell Eyes Blockchain Investments to Promote Business Growth

Dell Eyes Blockchain Investments to Promote Business Growth

Multinational data storage, analytics and information security firm Dell EMC has planned to invest in emerging technologies, including Blockchain, the company announced on Wednesday.

Computer manufacturer Dell’s subsidiary Dell EMC announced on Wednesday that there is a plan to invest in emerging technologies including artificial intelligence, blockchain, data analytics and cloud-compliance, the Economic Times said.

In particular, the firm is expected to maintain its position in the server market by adopting new equipment.

Manish Gupta, a senior director of Infrastructure Solutions Group in Dell EMC India said that the interest of top company’s customers in blockchain led him to adopt technology. Dell EMC is looking for new technologies to help customers manage conventional and “new age” workloads on the Dell server.

According to the report, Dell EMC clients are mainly of local IT firms, banks, financial and investment companies.

Complementing the need to live with its clients, the Indian Express reported that a study of the Dell Technologies Digital Transformation Index showed that 37 percent of Indian businesses plan to invest in Blockchain, quantum computing increased by 31 percent Reality technologies in 42 percent in reality or virtual reality over the next few years.

Dell EMC COO Dimitri Chen indicated that the company is expecting piggyback on increasing interest, given that India is rapidly moving towards digitization.

Specifically, Dell EMC is not the only Dell subsidiary in blockchain technologies. Cloud Computing and virtualization firm VMware announced the project Concord in the beginning of this year as an open-source effort to deal with scaling and energy efficiency issues.


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