Executives with Dell Technologies are looking to leverage the full scope of the company’s wide-ranging product portfolio to push an aggressive strategy for the internet of things.
In a media event here Oct. 10, CEO Michael Dell and other officials unveiled a program that includes the creation of a new internet of things (IoT) division within the company as well as a plan to invest $1 billion over the next three years in developing new IoT products and services, investing in IoT technology companies, expanding its development labs and technology partner program with a complementary technology ecosystem.