Dell has big ideas for cloud computing

Dell Inc is eyeing a bigger presence in China's cloud-computing market by helping its local partner establish a new firm on Wednesday, as the country intensifies efforts to encourage enterprises to embrace digitalization.

The new company, named Guizhou YottaCloud Technologies Co Ltd, was unveiled as Michael Dell, CEO and chairman of Dell, attended the ongoing China Big Data Industry Summit in Guiyang, capital of Guizhou province.

"China will play an increasingly important role in the big data era and the United States-based tech giant will speed up efforts to develop new products for the market," Dell said.