Intel is a company in transition, not that anyone would be surprised. However, CEO Brian Krzanich has come out to explain where the company is going and what it is looking forward to in the near future.
Krzanich outlined five core beliefs that will be guiding Intel for the next few years, most of which are centered around the idea of connected computing and cloud technology. This isn’t exactly new information, especially for those who have been paying attention to what the company has been talking about for the last couple of years or so.
There looks to be an increased focus on catering for data centres and infrastructure. Intel revealed this change last week in its restructuring announcement, saying that the revenue share from data centres had increased dramatically; causing the company to believe that this is the way to go for the future.
Alongside this is working on the Internet-of-Things, something that had already begun throughout 2015. Intel’s keynote speeches have placed an increasing emphasis on IoT, although Krzanich also mentions that Intel will be looking into supporting autonomous vehicles as one of its primary growth drivers.
One other thing to note is the mention of Moore’s Law; which is apparently still one of the guiding principles for Intel. Krzanich believes that Moore’s Law will still hold as the company progresses on to a 10nm production scale; and will continue to hold as it moves on to 7nm and 5nm production.
Intel has announced a massive corporate restructuring effort which will result in some 12,000 employees losing their jobs over the next two years. This is mainly due to a consolidation of locations, although Intel has not provided much information about where this will happen.
[Source: Intel]
