Dell Pushes Efficient Enterprise at Oracle OpenWorld
CEO Michael Dell aims to cut $200 billion in IT spending by pursuing the concept of the efficient enterprise. Meeting that goal will require standardization, simplification and automation, Dell said at Oracle OpenWorld.Standardize, simplify and automate-those three words are at the heart of a strategy laid out Oct. 13 at Oracle OpenWorld by Michael Dell. Dell, CEO of the company that bears his last name, said he wants to battle inefficiency and reduce IT spending with what he called the "efficient enterprise." Dell has spoken about the efficient enterprise in the past, but this time he announced that the company would aim to slash IT spending by $200 billion per year by focusing on ensuring that enterprises get the most out of their technology.
"There is $1.2 trillion spent annually on IT infrastructure," Dell explained during his keynote at the conference. "Four hundred billion [dollars] on hardware and related software that comes with it, and $800 billion on labor and services. So for every dollar that's spent on the hardware, you need [an] additional $2 ... just to kind of make it all work."