Intel plans transition from PCs to cloud

CEO Brian Krzanich details how Intel will restructure business

Intel (NASDAQ:INTC) CEO Brian Krzanich has shared his vision for transforming from a PC company to one that’s focused on the cloud and the datacentre.

Last week the firm announced it was is to axe 12,000 jobs, or 11 percent of its workforce, following continued falling PC sales.

Now, the CEO (pictured) says it is shifting its focus to higher-growth areas, such as the datacentre and the Internet of Things (IoT).

In a blog Krzanich said that the cloud is shaping the future of the smart, connected world – and thus Intel’s own future. He added that the many “things” that make up the PC client business and the Internet of Things (IoT) are made much more valuable by their connection to the cloud.

He also said that memory and programmable solutions such as FPGAs will deliver entirely new classes of products for the datacentre and the IoT, 5G will become the key technology for access to the cloud and that Moore’s Law will continue to progress – with Intel taking the lead in delivering its true economic impact.

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