Intel CEO Brian Krzanich touts cloud, connectivity and Internet of Things (IoT) as the key focus areas of the company, according to the blogpost that appeared on its website on April 26.
Just about a week ago, Intel announced the company decision to cut up to 12,000 jobs worldwide, which makes up about 11 percent of the total workforce, as the chipmaker sought to move away from PCs to mobiles.
The company's vision now rides on a framework of five core beliefs: connected things, memory, Moore's Law, connectivity and cloud, which it refers to as a "virtuous cycle" that fuels the business, as Intel seeks to orchestrate its moves in order to fall in perfect harmony with the new company values.
"The cloud is the most important trend shaping the future of the smart, connected world - and thus Intel's future," quips Krzanich in the blogpost, citing analytics as the key to capitalize on the power that cloud and data center yield. According to him, Intel's future products will revolve around these two elements and, to tap their values, the company harbors big plans to innovate in the fields of machine learning capabilities, performance computing and large data.
It's through cloud that Intel sees the potential for IoT as each and every smart device is connected to the cloud, encompassing everything related to our everyday lives, from shoes, clothes, to cars and homes, and there lies its biggest opportunity.
The virtuous cycle is threaded together by the company's yet another focus area - connectivity, the element that is solely responsible for powering a device and ensuring the data reaches the cloud. As connectivity moves toward 5G, Intel is ready to score in this field by cashing in on its technological strength to create end-to-end 5G systems that are poised to be the next big thing.
All the core business areas are enhanced by the founder's law, which is otherwise known as Moore's Law, believes Krzanich, dismissing the rumors that have apparently killed this theory for over four times. "As we progress from 14 nanometer technology to 10 nanometer and plan for 7 nanometer and 5 nanometer and even beyond, our plans are proof that Moore's Law is alive and well," stated the CEO, giving the last but not the least element its due importance.
Clearly, Intel's shift in vision is a proof that the company is no longer reliant on desktops and laptop upgrades to make the revenue numbers look good. It is a well-thought-out, strategic move that is meant to reposition the company as the leader in the semiconductor industry, which is now a very crowded place with stiff competition given by AMD, Qualcomm and Nvidia.
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