Analysis: Dell EMC IoT revenues in Asia Pacific hit $1bn mark

Dell’s investment in the IoT is paying big dividends in Asia. Sooraj Shah explains why.

Revenues from Dell EMC’s Internet of Things and OEM business in Asia Pacific and Japan (APJ) have passed the $ 1 billion mark, announced the company this week. The results highlight the importance of IoT, smart city, and connected industry applications in the region.

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According to Glen Burrows, Dell EMC’s VP and general manager for OEM and IoT solutions in Asia, the $ 1 billion milestone shows how important the region is for the company. “Organisations in APJ are keen to realise the potential benefits of IoT, which is driving market growth faster than other regions,” Burrows told Computer Weekly. “With a $ 583 billion market opportunity by 2020, Asia is set to be the hub of IoT.”

Read more: Internet of Business’ exclusive interview with Dell IoT VP Dermot O’Connell.

The Asian IoT tiger

Analyst firm IDC recently suggested that Asia-Pacific would be at the forefront of all IoT investment in the coming years, with spending expected to reach $ 455 billion in the region by 2021 – nearly one-third of all IoT spending globally.

However, Asia-Pacific IoT spending is not restricted to the private sector. In a report last year, IDC found that 40 percent of Asia Pacific government organisations would be investing in IoT solutions within one year.

“IoT enables access to new and granular data sources, empowered by swift connectivity and quick data-gathering capability. This gives access to a wider range of information that enhances the quality of government services, at a scale previously thought unattainable,” said IDC analyst Shreyashi Pal.

“This eventually impacts every single stakeholder of government eServices — citizens, visitors, and business owners, who interact with government entities and their services.”

Internet of Business says

Dell recently announced that it was investing the same sum, $ 1 billion, over the next three years in a new central IoT division. This will focus on developing next-gen products, research, and partnerships, across everything from driverless cars to smart light bulbs, with a focus on edge computing and the distributed core, it said.

It seems that IoT investment has been timely, and is already paying dividends.

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