(Telecompaper) Dell Technologies has announced a new Internet of Things (IoT) division designed to integrate existing products and tools across the company and develop new Internet-connected devices and software. To that end, the company revealed plans to spend USD 1 billion on IoT-focused research and development over the next three years. The new division will be led by VMware CTO Ray O'Farrell, and is tasked with orchestrating the development of IoT products and services across the Dell Technologies family, including units such as units such as Dell EMC, VMware, RSA and Pivotal.