Dell's expenditure on research and development 2000-2020

In the 2020 financial year, Dell spent about five billion U.S. dollars on R&D, which is a substantial increase from 374 million U.S dollars in 2000. The company has especially increased its research and development spending between the 2018 and 2020 financial years as Dell Technologies is strongly pushing to remake its business model. The company is moving away from primarily being a hardware PC manufacturer to becoming an IT services and solutions provider in the midst of the digital transformation age.

Areas of research and development

The focus of Dell Technologies’ research and development is artificial intelligence (AI), the Internet of things (IoT), and data management. A significant portion of Dell Technologies' strategic change of the company’s business model is software virtualization company VMware, which provides cloud computing and platform virtualization software and services. For example, as of 2019 VMware has the largest market share of hyper-converged systems revenue worldwide.

Dell Technologies' expenditure on research and development from 2000 to 2020 (in million U.S. dollars)*

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Source

Release date

March 2020

Region

Worldwide

Survey time period

2000 to 2020

Supplementary notes

* The fiscal year ends either at the end of January or start of February of the respective financial year (Fiscal year 2020 ended January 31, 2020 for example).

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