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Bob Venero, president and chief executive officer of Future Tech Enterprise Inc., joins theCUBE’s Savannah Peterson and Jackie McGuire at Dell Technologies World 2025 to reflect on a year of transformation and recognition. Their conversation highlights Future Tech’s evolution and its recent honor as Dell’s Federal Partner of the Year.
Venero shares insights on the fast-changing digital landscape, emphasizing the role of AI and the rise of strategic mega-partnerships. He also discusses how security and edge computing must go hand in hand to ensure enter...Read more
exploreKeep Exploring
What is the focus of this year's conference and how does it differ from the previous year's conference?add
What factors should be considered when deciding whether to keep an application on-prem or move it to the cloud?add
What recent changes has Dell made that could have a significant financial impact on software suppliers?add
>> Good afternoon, Dell fans and welcome back to our last interview of Dell Tech World here in
fabulous Las Vegas, Nevada. My name's Savannah Peterson. Absolutely thrilled to
be joined with the one and only Jackie McGuire for this segment.
Jackie McGuire
>> What's up, twin?
- I know. I'm so pumped.
Savannah Peterson
>> We get to close out the show together. We've had a great time in
the analyst program all week.
Jackie McGuire
>> We have.
- And this is just a fun one.
Savannah Peterson
>> You've had a lot of influence
and there's literally no one else I would rather have
on this desk right now for this final segment as we take it across the line then Bob. Bob, what a pleasure. Great
to have you back on the show.
Jackie McGuire
>> Thank you. Great to be here.
Savannah Peterson
>> How are the boys doing? We talked about your three boys last time.
Jackie McGuire
>> Boys are doing great. I got one here. He's running around crazy.
Savannah Peterson
>> Right. He was on the
show last year too, right? >> Yep. He's here. The other
two are making things happen in headquarters and all over the
country, so it's been great. I love having the family
close to that business.
Savannah Peterson
>> It touched me. I remembered
that from last year and I thought it was real sweet. We gave him a shout-out
on the show last time- >> Yes.
- ...
Savannah Peterson
>> if you recall, which was
really, really touching. Bob, it feels like the entire
world has changed since the last time you and I were
sitting on this news desk just 12 short months ago. >> Yes. Yeah. - Talk to me
about what's going on at Future
Savannah Peterson
>> Tech and in your world
in the interim there. >> Yeah. We've changed a
lot too in the last year. A lot of excitement for
us around this event. We were Dell's federal
partner of the year.
Savannah Peterson
>> Oh my gosh. Congratulations.
- Thank you. >> I didn't know that. That's a big deal.
Savannah Peterson
>> That's their top award for
all the federal partners, >> so we're really excited about that. Very well-earned. It'll be interesting to see next year based on
all the geopolitical fund that's going on, how that looks. >> That's one way to put it.
Jackie McGuire
>> What are you talking about?
What are you talking about? >> A couple of things going on.
A couple of things going on.
Savannah Peterson
>> But it's been great. We've
done a lot from a change perspective in the organization
from last year to this year. We hired a CRO, somebody who
had been at Dell for 18 years and then he brought on
an entire team of folks based on Dell making some
adjustments to their staff and employees, based on
their embracing of AI and using AI to do a lot of the work. There were some transitions around people and those people have come to Future Tech. So I think in the last
two months we've added 60 people into the Future Tech world. >> Oh my God. Hey.
- Wow. That's crazy.
Savannah Peterson
>> I'll just give you a little
shout for that. You know this-
Jackie McGuire
>> Yeah. >> A little shout. My CFO is like, "No, no.
Savannah Peterson
>> " But it's been good, but we're trying to really set ourselves
up for the pace of change that's going to be coming and a lot of the enactments. >> That's already here.
- It is amazing how quickly >> things are moving right now.
Savannah Peterson
>> Isn't it wild? We've never moved faster.
Savannah Peterson
>> I feel like it's such a
cool time to have our jobs. >> Absolutely, a hundred
percent. It's cool. But we definitely are going
to be on for the next- >> Yeah, baby.
- ...
Savannah Peterson
>> probably two, three years
on making these things work >> and happen that are out there. >> I think as my friend Joe Hall puts it,
Jackie McGuire
>> we fly very close to the sun.
Savannah Peterson
>> That is my truth. >> Oh, yeah. My ass only
gets burnt sometimes.
Savannah Peterson
>> Yeah. Yeah.
Jackie McGuire
>> I felt a little burnt this
morning. I'm just going to... >> I wanted no comment on that
one, folks. I'm just going to
Savannah Peterson
>> no comment. >> And I'm in Fort Lauderdale,
so it takes a lot to burn. >> Yeah. So you get to see
a lot of different tech
Savannah Peterson
>> and work with a lot of different
companies which you all do. What are some of the trends
that you're seeing right now?
Jackie McGuire
>> Well, I mean look, obviously, and I think we said this
a little bit last year, AI is the theme of the conference.
Savannah Peterson
>> Right. - Last year was a
little bit more theoretical.
Savannah Peterson
>> Agree. - This year, it's
practice. It is absolutely here. >> It's happening. We're seeing
it in all of the things >> as it relates to chat,
automation, the driving of the technology that's happening across
the entire globe from an AI perspective, GPUs, large language. It's crazy. So last year was
theory, now it's in practice, and now it's how do we make
those things work within the organizations that we support and really trying to
identify what AI actually is.
Savannah Peterson
>> Right. - Because it's kind
of like that, you know what. >> It's KITT from Knight Rider, right?
Savannah Peterson
>> Yeah, yeah.
- That's what I want.
Jackie McGuire
>> Exactly. Well, literally,
I have a Tesla or Cybertruck >> and I don't drive anymore.
Jackie McGuire
>> The AI is so good. >> Right. - I put in the
address and I just sit back. >> This is really, really cool
Savannah Peterson
>> and that's tied to a lot of
the technology that we're doing and supporting and even
NVIDIA and Dell and the GPUs, but the ecosystem is growing
amazingly of these partners. >> That's what I think
has been one of the...
Savannah Peterson
>> I'm glad you brought that up, Bob, because one of the things
that's been remarkable that I've noticed is
the ecosystem play here, and I feel like with the Dell AI factory, Dell was really going out in front. I mean, I remember I was
joking with Michael last year. He had Jensen and Bill
McDermott on stage with him. >> Yeah, I was saying.
- And I was like, oh yeah, it's just
Savannah Peterson
>> you and all your
billionaire friends coming up with a solution to the future. But we're seeing a level of co-innovation and collaboration that we
haven't seen historically, and it's actually creating far better solutions. It's very interesting. >> And it's a better model
because I think historically-
Jackie McGuire
>> It is.
- ...
Jackie McGuire
>> the partner model has always been very
Savannah Peterson
>> like you have to pick one. And I think Dell is in this
really amazing position where they can say, "No, we're going to work with everybody." >> Yeah.
Jackie McGuire
>> And because almost nobody can keep up
Savannah Peterson
>> with Dell on the hardware
side, they get to choose that. And I think I always
talk about the art of war and if we want to beat
our enemies, we need to think like our enemies. And I don't see a lot of hackers and threat actors out there
gatekeeping information. They open source everything. They share everything in forums, and if we want to beat them,
we have to stop this whole, the ecosystem can only be you and your two favorite partners.
It can't be like that. >> Right.
- Yeah. Agreed. It's a game changer, >> the announcements that
Dell made right around the,
Savannah Peterson
>> we'll call it the hypervisor
hell that is out there that our customers are all
experiencing right now, where we won't name the
company is strong arming a lot of the individuals, corporations and Dell's approach on making that open and giving choice is
tremendous for the partners, but also for the
customers that are served. And I think that's going
to be key to Dell's and continued growth and
success in the environment. The AI factory is genius, right? Because it takes a lot
of the guesswork out of what people need to do
and we're adopting that. So we're working with Dell
on taking an AI factory and considering... Not considering, but making
it a AI proving ground. So we're going to take the AI factory. We're going to then go to our customer and we're going to say, "What are the use cases you're trying to do? What are the success criteria you want? I'm going to give you
the factory for free. " We're going to test it,
we're going to vet it, and then based on the
success of what we do, then you're going to consume it. So it helps them in driving
the direction they want to go from an AI perspective because AI could have been
like when it was cloud, well, what's cloud and what's
cloud to you? And >> Oh my gosh. Yeah. >> And then AI, now what's AI to you? >> And so really understanding
Savannah Peterson
>> and defining that is key to driving some of these
things that we're doing.
Savannah Peterson
>> No, it is. I actually love that you brought up the cloud analogy. Actually, I threw a party many
years ago titled F the Cloud because I was like, it's just a rack of servers in the middle of Kansas, like somebody else's computer.
Jackie McGuire
>> Was Dell-
- This isn't a thing, but I do.
Savannah Peterson
>> This is actually... It's so
relevant that you brought that up because to your point, we were talking about all this hype and all this hypothetical, and that's sort of why that
term cloud was invented is we needed something to attach
to this different type of storage, which was
a little bit different. So I'm pumped because you have such a
great lens on the landscape. What are some of the
really exciting use cases or success stories that
you've been seeing recently?
Savannah Peterson
>> So I think when we look at
things, edge is becoming very, very important, right? >> Yes. - And we always talk
about, PC is so important to us >> and we've always been on that bandwagon
Savannah Peterson
>> of PC is probably one of
the most important tools outside of your employees. And people are like,
"How could you say that? Why would you say that?" I'm like, "Well, how do you access the most important information you have in your company? How do you access your ERP? How do you access your
factory floor systems? >> Right.
- Everything's done via a PC. >> Now, taking that PC
Savannah Peterson
>> and enabling it to do
more, to being intelligent, to having a GPU, an NPU and a CPU, and having the ability to do more of those things at the edge and empower the people to be even better and stronger, it's just amazing. So we're seeing a lot of thought and adoption around how
do we empower at the edge? How do we leverage the models that we do? But security is key to that, right? >> Yes.
- And the security around >> how do we protect the data?
Savannah Peterson
>> You brought up bad actors, right? The bad actors don't give a crap, right? >> Yeah. - They're going to
do whatever they need to do. >> There are not going to be any guardrails
Savannah Peterson
>> around what they're going to do. We need to be able to air gap, to firewall and to make sure that your
data is protected and safe. And if you don't do
that as an organization, then you're putting yourself at risk. So many companies are just
letting their employees go out on chat and putting their data and their information, "Hey, does this Word document look good? " That has proprietary...
And that becomes available.
Savannah Peterson
>> A conversation Jackie
and I have all the time. >> I had a marketing manager tell me one
Jackie McGuire
>> time that it was okay. They were using ChatGPT, their
own personal account to sort through a contact list for customers because they told it to only
return the ones that said yes. >> Oh my God.
- Oh, I just felt that in my heart.
Jackie McGuire
>> He's like, "But I told it
to filter only by the ones
Savannah Peterson
>> who said yes, we could contact them. >> " And I'm like, "But you
still put all the ones that said no into ChatGPT. " Yeah, I think... So
let me ask you though. We spent the last 10 years
in hundreds of billions of dollars because everything was going to live in the cloud. Are you seeing pushback
to the, "Hey, guess what? Now we're going to move back to the edge"? Does it make sense to customers?
Are they salty about it? Because I'm a little salty about it.
Savannah Peterson
>> So here's how we look at it. We have always maintained that on- prem was the best way to go. Now with some caveats. So we'll do a business analysis and we'll say, okay, how
much does it cost you if that application is down per minute?
Jackie McGuire
>> Right.
- If it's $2, put it in the cloud. >> If it's a million dollars
a minute, keep it on-prem. Build your guardrails around it. Secure your data and your information because if that goes down and it will, in the cloud,
there will be an outage, then what are you going to do? How do you answer to it?
How do you control it? There will be, and I say
this to everybody I've talked to here at the show, all of our customers and we have over a hundred customers here.
Jackie McGuire
>> Oh, fun.
- What is...
Savannah Peterson
>> Do you believe that
there will be an outage, that there will be a major event? Yes. And there will be. Because if you look at the
bad actors, are they going after the small on-prem
company or environment? No, they're trying the
hyperscalers. They're attacking AWS. They're attacking Azure. They're talking Google Cloud, right? They're hitting all these
things. And when there is an example of a major outage, CrowdStrike.
Savannah Peterson
>> Yeah, I was going to say
elephant in the room there.
Jackie McGuire
>> Yeah, you're going to be down and when you're down, are you
going to be able to recover?
Savannah Peterson
>> Right.
- No. Because I was sleeping on the floor
Jackie McGuire
>> of the Raleigh Airport. >> Yeah. Right. And so
those are the things that- >> Right. >> Exactly.
- ... that companies have to look at
Savannah Peterson
>> and look what we've done and Dell has done to empower
that is the consumption models to be able to do on-prem,
but consume it by the drink because that's what customers want. Why did you go to the
cloud? It was easier, right?
Savannah Peterson
>> Right.
- Number one, it was less expensive >> and they realized it wasn't.
Savannah Peterson
>> Well, that backfired.
- Until you move that data back
Jackie McGuire
>> and forth or between clouds.
Jackie McGuire
>> Bingo. - Yeah. I wrote
three years ago, I was like,
Jackie McGuire
>> we have over-rotated to the cloud. We're doing regex and data
processing in the cloud. That can all happen at
the edge with a little bit of observability and redundancy. This makes no sense to me. >> It's insane. And customers that put development in the
cloud, so dev and what is dev? Back and forth, back and
forth, back and forth.
Savannah Peterson
>> A hundred percent.
- Cha-ching, cha-ching, cha- >> ching each time. So on-prem, we're seeing a big move back. We're seeing a lot of companies and CIOs saying, "Hey,
we need to figure out how to get off cloud and be
less reliant on cloud and deciding what applications that need to go that direction. " So that's a big piece
of what we're doing.
Savannah Peterson
>> From the research I've
seen, it's between 75 and 85% of executives saying
that they're moving things back on-prem which is so interesting. And I mean on-prem can be an
edge device depending on the situation as well, which
makes so much sense, an interesting intersection
of the AI, PC right now. Bob, I got one final
question for you because I... And I'm so keen to hear your answer. >> All right. - Because so much
has changed since the last
Savannah Peterson
>> time you and I sat here. >> What do you hope to be able to say when we're at Dell Tech World 2026, that you can't yet say today? >> That was federal partner four years in a row because it's three. That would be cool. I think
what I'd love to be able to say is that the actions that we took in designing
from an infrastructure, from a support perspective, from an AI enablement
have actually happened, and customers are seeing
the ROI that they expected, and we're in a much safer
place as it relates to that. And the diversity around the hypervisors
has been able to scale. And I think if we can pull
those things together, the ramp is going to be insane. The other thing I will
mention I know is that what Dell has done recently
with creating the opportunity where you have a seven to one ratio right around the old infrastructure to the new, can make a huge financial
impact to the cost that the software suppliers are providing at the core level, right? Everybody's moved to how
many cores, okay, we're going to charge you per core. We have a customer that
has 300,000 cores, right? So if they have 300,000 cores, and let's say VMware does $300 a core, that's a reoccurring major cost. >> That is a fat X.
- If we can take seven to one ratio, >> bring those 300 down by
seven times x, right?
Savannah Peterson
>> What does that mean from a
cost savings perspective? And then Dell will be the de facto. That's who we're going to as a company. So I'm really jazzed to
see how that's going to be and we should hit a billion
dollars by next year.
Savannah Peterson
>> Oh my gosh. So many fun predictions. Bob, I knew I could count on you for a great answer to that one. Wow. Thank you so much for coming on today and for every time you come on. >> Of course.
- It is truly a joy.
Savannah Peterson
>> And I got to say thank you to our fabulous >> production team over there. Thank you all so much, gentlemen. >> Our production crew is
the best in the business.
Savannah Peterson
>> Including the friends that we have.
Jackie McGuire
>> Girly, I'm looking at you.
You saved my voice today. >> Yes.
- And to the whole team that was here,
Savannah Peterson
>> Dave Vellante, who has
been sitting on the desk
Jackie McGuire
>> with me all week, and to everyone at Dell who has done such a fantastic
job of curating our guests and the analyst program for us, it's really just been an
absolutely banner week. We hope you've had as much fun as we've had this week,
wherever you might be. We're here in fabulous Las
Vegas, Nevada, signing off for the last time at Dell Tech World. My name's Savannah Peterson. You're watching theCUBE,
the leading source for enterprise tech news.