an headcount of more than one lakh people, annual revenue of over USD 62 billion and profits of about USD 3.5 billion. Dell has about half a dozen
manufacturing plants across the world, including one in Chennai, India.
Recently, there have been reports about making US-listed Dell Inc a privately held company, as also about software giant Microsoft being in talks with private equity investors on a possible buyout of Dell. When asked about these reports,
Michael Dell declined to comment.
Asked about the global economic scenario and its impact on the technology sector, Dell said, "There have been some stability, but there are still some challenges both before the US and Europe. I think that the biggest challenge before the world today is creation of jobs, which would be key to growth going ahead."
"We need more growth for entrepreneurs and small and medium enterprises, both in technology and non-technology sectors. I believe all of them would have some amount of technology enabled in their operations and therefore their revival is key to our business.
"Free trade among the nations is also important for growth in the global economy. Meetings like these (WEF Annual Meeting at Davos) may not solve the problems, but they do help in understanding the problems and discussing the possible solutions," he said.
Asked about the main takeaways from Davos meeting, Dell said: "We come to Davos to understand what the situation is in Europe. So this time we have seen that it is a stable situation, but still a challenging one.
"I am hearing generally a bit more optimism from other business leaders and that is a good thing as they are my customers and if they make more investments they are going to use IT and that would help in our business."
Michael Dell is one of the Foundation Board members of the WEF and also serves on the governing board of Indian School of Business in Hyderabad. In addition to his role as Chairman of Dell since he founded it in 1984, he has served as its CEO from 1984 until July 2004 and resumed that role in January 2007.