Dell Takes On Cloud Leaders With New Payment Model

Dell  (DELL) is preparing to take on cloud computing heavyweights Amazon.com  (AMZN) , Alphabet  (GOOGL)  and Microsoft  (MSFT)  by offering a pay as you go option that their competitors do not. 

"We've been gradually embracing this for some time, but we talk about this as consumption models. So, pay-as-you-grow, pay-as-you-use, pay-per-use - and we're absolutely embracing that. It's what our customers are asking us to do, and we're happy to do it," the company said. 

Dell singled out Snap Inc. (SNAP) as a company that could benefit from Dell's pay as you go model. 

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