Last week’s discussion over cloud computing purposely omitted Dell Inc. The company was simply a non-factor when it came to endeavors in this field. Especially after losing a bidding war to HP for 3Par in early September of this year. However, today’s announcement of the acquisition of Compellent a data storage provider marks a step forward for the Dell. Even though critics cite that Compellent is considered more of a provider for smaller to middle of the road companies. It is still a step in the right direction for Dell, simply because Dell has no option if it still wants to be relevant during this data storage revolution.
Dell will now be a viable option for corporate and government clients that want to cut expensive IT services through the use of cloud computing. As clouding technology becomes a larger component of the company’s business model expect Dell to perform as IT spending is expected to pick up through 2011. Click the thumbnail charts to see which levers push on Dell:
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.