Dell Technologies revenue worldwide 2015-2023, by segment

For the fiscal year 2023, Dell Technologies generated 38.36 billion U.S. dollars from its Infrastructure Solutions Group (ISG), with a further 58.21 billion U.S. dollars generated by the Client Solutions Group (CSG). Dell is a multinational IT company based in Texas, United States. It produces desktop PCs, notebooks, tablets, peripherals, storage solutions, virtualization, cloud services, and infrastructure.

Dell’s business model

The CSG business segment includes branded hardware such as desktops and notebooks, as well as peripherals like monitors and projectors. The ISG, or Dell EMC, incorporates the company’s various activities in the storage, server, converged systems, and cloud solutions market and has utilized the expertise EMC has had across these fields. Previously, VMware was also reported as a segment, although Dell Technologies completed the spin-off of VMware in November 2021.

VMware

As the first company to successfully commercialize the virtualization of the x86 microprocessor architecture, VMware is a market leader in the virtualization market, offering application software solutions that can run independently from the underlying hardware. VMware‘s virtualization technology is widely adopted in the cloud computing space, with providers such as Amazon, Microsoft, and IBM having partnerships with VMware.