Dell Plans to Spend $20bn in 3 Years as Data is the World’s New Oil

Dell Technologies is planning to invest $20 billion over the next 3 years in 6 major technologies as data is becoming the world’s new oil. The 6 technologies include 5G, artificial intelligence, edge computing, multi-cloud, cybersecurity, and machine learning.

According to the company’s senior vice president of the Middle East, Turkey, and Africa, Mohammed Amin who said

” These 6 technologies are going to be the trend in a couple of years to now. We are investing a lot of dollars and initiatives around it with lots of customers in the Arab kingdom”

Mohammed Amin laid emphasis on the importance of data in the nearest future stating that it will be the “new oil”. By 2030, the future of data is such that 50% of the global economy will be digital.

Edge computing is is another area of great interest to Dell. This is because 85% of data will be done using this technology in 3 years to this time.

Saudi Arabia is among Dell’s top 10 countries where the company has its largest office within emerging market areas with 300 employees.

Amin pointed out that ” due to our closeness to the customer, we understand the needs of customers in the Kingdom. Also, because we are a part of the customer-business transformation”

In conclusion, the vision 2030 and the company’s digital plans were as well cited by Amin as a key aspect of the Kingdom’s transformation.



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Abidemi Ogunyemi-Aderibigbe
Abidemi Ogunyemi-Aderibigbe
A committed and dedicated Muslimah, tech enthusiast, articulator, cloud enthusiast. I am a hardworking person with a high level of integrity.

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