Intel Prepares to Weather the Wireless World's Impending 5G Storm
Intel ( INTC), a $55 billion revenue company whose dominant position in the PC and data center spaces remains unbeaten, is undergoing a transition. For more than a year, the company has been talking about a shift in its focus away from PCs and toward data center and IoT technology.
Over the past six months, the company took some significant steps that indicated a strategic shift. At the Citi Conference, the president of Intel’s Client and IoT Businesses and Systems Architecture Group, Murthy Renduchintala, gave a broad perspective of Intel’s future growth strategy and its key focus areas.
The 5G world demands an immense amount of R&D (research and development), as it’s not just one market or one product, but a combination of multiple markets that creates a whole ecosystem in the connected world.
Intel is transforming its client portfolio from PCs and smartphones to connected cars, homes, factories, cities, robots, and drones. The data generated from all these devices will bring a paradigm shift in cloud storage and bring data to the fabric of networks. Intel is shifting its focus from enterprise servers to network fabrics that are upgradable and extensive and can support the data explosion brought on by IoT.
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