Dell Technologies has released its latest findings for its Women Entrepreneur Cities (WE Cities) Index, the only global, gender-specific study that looks at a city’s ability to foster the growth of women-owned businesses. Building on annual research since 2010, Dell ranks cities based on the impact of local policies, programs and characteristics in addition to national laws and customs to help improve support for women entrepreneurs and the overall economy. The study found an overall improvement for women looking to establish and build their own businesses but noted that there is still significant room for improvement.
“When we invest in women, we invest in the future. Communities prosper, economies thrive and the next generation leads with purpose,” said Karen Quintos, EVP and chief customer officer at Dell Technologies. “By arming city leaders and policymakers with actionable, data-driven research on the landscape for women entrepreneurs, we can collectively accelerate the success of women-owned businesses by removing financial, cultural and political barriers.”
Building on 10 years of research on women entrepreneurs, Dell Technologies partnered with IHS Markit to research and rank 50 cities on five important characteristics, including access to Capital, Technology, Talent, Culture and Markets. These pillars were organized into two groups: operating environment and enabling environment. The overall rating is based on 71 indicators, 45 of which have a gender-based component. Individual indicators were weighted based on four criteria: relevance, quality of underlying data, uniqueness in the index and gender component.
All 50 cities made progress since 2017, however, some cities made bigger strides than others and the race to the top inevitably left some cities behind.
Even though it dropped slightly in rankings, Johannesburg’s position at 36 is more indicative of the increasing competition to attract women entrepreneurs. It ranks ahead of numerous international hubs and overtakes Nairobi, the only other African city in the top 50. Talent is one of Johannesburg’s strongest pillars. While the city ranked No.29 overall in 2019 for Talent, it was within the top 10 for women’s skill & experience overall.
• 78% of students at top universities are women in Johannesburg.
• Women in Johannesburg also make up considerable amount of the labor force employed in professional services (67%) and IT (65%)
In addition, more than a quarter of company boards in Johannesburg have women on them, a distinction shared with London, Sydney and Tel Aviv. Johannesburg also ranked 9th for the best market in terms of operating environment. From a city and national-level, policies for Culture, Technology and Markets have also been put in place to enable upward mobility for female entrepreneurs. These include:
• Government goals for women-owned business procurement
• Policy for “equal remuneration for work of equal value”
• Policy for “non-discrimination based on gender in hiring”
• Presence of a paid maternity leave policy
• Presence of open data initiatives
“Johannesburg is a business powerhouse, both in Africa and across the world,” said Doug Woolley, Dell EMC SA’s general manager. “It’s also a giant melting-pot and is known for its cosmopolitan and progressive attitudes. These are some of the reasons why it is more attractive and welcoming to all entrepreneurs, including women. Its inclusion in the 2019 Women Entrepreneur Cities findings shows that significance, but it’s also a reminder that much more can be done. AT Dell Technologies, we’ll keep being part of that movement until Jozi is number one!”
Globally, lack of funding, high cost of living, low representation of women in leadership roles, and the lack of government-led policies that support women entrepreneurs were among the barriers cited. Yet all the cities produced positive change among their major indicators. It reveals momentum in the right direction. As women rise to take up more roles as entrepreneurs and leaders, those cities that can attract such talent will have the brightest futures of all.
Advocating for Women Entrepreneurs
The 2017 to 2019 WE Cities Index results highlight the successes and challenges that each city faces, and where cities can learn best practices from one another. These key learnings, if supported by local governments, can add up to big changes for women-owned businesses, globally.
Based on the findings and comparison between the 2017-2019 indices, Dell Technologies has developed a set of WE Cities Policy Recommendations focused on three areas, including:
● Access to and the development of financial and human capital.
● Private and public sectors role in increasing access to local and global networks and markets.
● How government and business leaders can help women entrepreneurs thrive in the changing-face of technology.
About WE Cities
Dell Technologies partnered with IHS Markit — a leading source of insight and analytics that shape today’s business landscape — to launch this first-of-its-kind, global research that will measure a city’s ability to attract and support high-potential women entrepreneurs.
Research for WE Cities began during the 2016 DWEN Research Symposium chaired by Dr. David Ricketts from the Technology and Entrepreneurship Center at Harvard. The research symposium brought together 40 global thought leaders, women entrepreneurs, academics and media to develop insights for the model. Key takeaways from the conversations at the Symposium included:
● Access to capital is still the No. 1 challenge that women entrepreneurs face, although the numbers are showing a slight improvement
● Creating robust ecosystems with incubators, accelerators and mentors makes a world of difference for entrepreneurs — it’s all about the network
● Cultural norms and their policy implications put serious binds on female entrepreneurs
● Talent, both in terms of the entrepreneurs’ own talent, including education and experience, and having access to a skilled staff also resonated as highly important
The successful pilot of the 2016 Index led to the scaling for the 2017 Index to include 50 cities and the re-measuring and ranking for 2019.
About the Dell Women’s Entrepreneur Network
As the visionary outcome of a true entrepreneur, Dell Technologies is committed to help power the success of entrepreneurs by developing technology solutions that enable human potential. Through the Dell Women’s Entrepreneur Network, Dell Technologies supports and nurtures a community of female entrepreneurs by providing access to technology, networks and capital. Learn more here.
About the Annual Dell Women’s Entrepreneur Network Summit
Dell Technologies is excited to host the 10th annual Dell Women’s Entrepreneur Network (DWEN) Summit in Singapore from July 14-16, 2019. Over 150 female founders, CEOs,
dignitaries, Dell Technologies leaders and more will convene to connect and discuss today’s pressing topics. Through inspiring keynotes, informative panels and innovative workshops, the 2019 DWEN Summit will be the go-to resource for support and solutions that facilitate entrepreneurship. It is Dell Technologies’ mission to bring vital knowledge and tailored technology for women-led companies small and large. For more on the event, please click here.
About Dell Technologies
Dell Technologies (NYSE:DELL) is a unique family of businesses that helps organizations and individuals build their digital future and transform how they work and live. The company provides customers with the industry’s broadest and most innovative technology and services portfolio spanning from edge to core to cloud. The Dell Technologies family includes Dell, Dell EMC, Pivotal, RSA, Secureworks, Virtustream and VMware.
Cloud usage in the enterprise continues to grow rapidly, and with good reason—cloud operating models increase agility, accelerate innovation and help create a competitive edge in today’s world. As the number of cloud solutions has grown, organizations have found it easier to increasingly deploy workloads across multiple clouds. In fact, 93% of organizations are deploying workloads across two or more clouds. Although usage across multiple clouds provides flexibility, it also creates operational silos due to differences in the underlying infrastructure, management tools and APIs. This leads to organizational complexity, which paradoxically reduces agility—one of the main reasons why organizations adopt cloud solutions in the first place!
We believe organizations should have the flexibility to choose whichever cloud environment is best for their workloads and data—without the byproduct of additional complexity. To help organizations address this complexity, we unveiled Dell Technologies Cloud today at Dell Technologies World. Dell Technologies Cloud consists of joint solutions from VMware and Dell EMC that remove cloud complexity by providing a consistent cloud operating model across public cloud, private cloud and edge locations.
Who says it must be out with the old to be in with the new?
There have been massive changes in IT from both a development and operations perspective since cloud computing became popular. Vendors sometimes portray these new models as a panacea for existing IT concerns, yet they are often incongruent with the applications, skillsets, and operational models established over many years in organizations.
Because more workloads are virtualized on VMware than any other hypervisor, organizations deploying Dell Technologies Cloud solutions can apply cloud benefits to their traditional workloads without being forced to refactor first. For instance, with VMware Cloud Foundation, VMs and containers can be moved effortlessly from on-premises to VMware Cloud on AWS without the need for expensive re-platforming. This is just one of the ways organizations can achieve the scale, coverage, speed, and cost structures they want in the public cloud faster with Dell Technologies Cloud. They can also achieve the same benefits in their data center, thanks to the automation capabilities of VMware Cloud Foundation and the tight HW/SW integration between VMware and Dell EMC.
A better cloud, with options
Dell Technologies Cloud can be consumed as Platforms or as a fully managed Data Center-as-a-Service (DCaaS) offering:
Dell Technologies Cloud Platforms: With Dell Technologies Cloud Platforms, customers have the flexibility to tailor their cloud infrastructure to their specific workload needs. These are built using tight integration between VMware Cloud Foundation (VCF) and a variety of Dell EMC infrastructure – hyperconverged (VxRail) and converged infrastructure, as well as Dell Technologies validated storage, compute, and networking platforms. VMware Cloud Foundation on VxRaildelivers full stack integration, where both the physical infrastructure and VMware cloud software stack are managed as one complete on-premises hybrid cloud experience. Not only does this Dell EMC and VMware jointly engineered integration greatly reduce risk and increase IT efficiency, it also simplifies, streamlines, and automates the operations of the entire SDDC because it creates a single unified experience.
Additionally, with VMware Cloud on AWS available as an add-on to the Dell Technologies Cloud Platform, organizations can also extend their on-premises cloud environment seamlessly into the public cloud, without having to refactor workloads for migration. The consistent operating experience across public and private clouds reduces complexity. In fact, IDC found that Dell Technologies Cloud reduces total cost of ownership by up to 47% compared to native public cloud.
Dell Technologies Cloud Data Center-as-a-Service: VMware Cloud on Dell EMC is cloud infrastructure installed on-premises in your core and edge data centers and consumed as a cloud service. This new, fully-managed DCaaS offering combines the speed and flexibility of the public cloud with the security and control of on-premises infrastructure. Additionally, the familiarity of VMware Cloud tools on trusted Dell EMC VxRail hyperconverged infrastructure provides peace of mind through a best-of-breed enterprise solution.
VMware Cloud on Dell EMC delivers cloud-like simplicity to your data centers and unparalleled consistency between your public cloud and on-premises environments. This new construct empowers your entire organization to focus on business innovation and differentiation. For instance:
- IT Operations can offload maintenance and refocus on value-added services;
- IT Architects can utilize VMware’s hybrid cloud control plane to simplify workload management;
- IT Security can uniformly apply security policies, eliminating the need to track and secure workloads that span multiple environments;
- Developers can accelerate application development by building for just one environment; and
- IT decision makers can negotiate one contract with one vendor for all core and edge data center needs.
In short, the Dell Technologies Cloud Data Center-as-a-Service lays the foundation for savvy CIOs/CTOs to move their organization one step closer to IT-as-a-Service, delivering on the promise of utilizing technology to drive business strategy.
Services to eliminate cloud friction
As part of Dell Technologies Cloud, organizations can take advantage of professional services, support and financial services to help remove barriers to cloud adoption. From helping you determine where your workloads are best placed, to ensuring service levels are delivered, our cloud experts can reduce risk along your cloud journey. Meanwhile, Dell Financial Services makes it possible to achieve cloud economics in your own data center with flexible consumption models.
Cloud without chaos
With Dell Technologies Cloud, it’s possible to bring the best of public cloud to your data center, transfer your best practices for management and security to all your clouds and easily extend the best of both to your edge locations. Welcome to a better cloud.
For more information on this announcement, please see the below materials
 IDC White Paper, sponsored by Cisco, Adopting Multicloud — A Fact-Based Blueprint for Reducing Enterprise Business Risks, June 2018.
Ensuring Innovators Have the Latest Tech at Their Fingertips: Introducing the Updated Dell Precision 7000 Series Tower and Rack Workstations
When the most innovative and creative minds are looking to not only … READ MORE
UPDATE: We Won’t Grow Tired of This: Dell EMC Leads PC, Storage, Server, Converged Systems and HCI Revenue, Yet Again
This post has been updated to include the latest Converged Infrastructure and … READ MORE