Intel steps up the game in IoT with $12 billion in research and development investments, new patents and strategic partnerships.
A recent Strategy Analytics IoT Strategies Report finds that Intel is building a cogent, comprehensive Internet of Things strategy for 2016 that includes thousands of patents, new partnerships and significant investments with leading data analytics vendors. The report, "Intel 2016 IoT Strategy: Creating Vertical Solutions on Horizontal Platforms and Building a Broad Ecosystem," written by Laura Didio, Strategy Analytics director of IoT Research, notes that Intel intends to create vertical solutions on horizontal platforms to build a broad IoT ecosystem.
In the report, Didio describes “IoT competition as intense and cutthroat” and says that Intel is “bringing its A game to the IoT table.”
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Focus on IoT Verticals and Analtyics
Solution providers stand to benefit from this shift which will result in a significant amount of new products, services and IoT technology development and implementation. During the past 18 months, Intel has decreased its reliance on the shrinking PC market segment and is transitioning its business to focus on IoT, cloud computing, mobility, analytics, security and services.
Here’s an overview of the Intel 2016 IoT strategy:
- A targeted IoT vertical market focus. Intel is focusing on these segments: retail; smart transportation (including automotive/autonomous vehicles and connected transport logistics); smart industrial (including manufacturing, energy and robotics); smart buildings; and healthcare.
- Partnerships and investments with leading data analytics vendors. This piece of the strategy includes an 18 percent stake in Cloudera to promote Open Source Hadoop; SAP where Intel's Xeon processor E7 v3 family is the reference architecture design platform for SAP HANA; and aligning with SAS, which also utilizes Intel's Xeon Processor E7 v3, as well as Intel Solid State Drives for fast data storage access and retrieval. Intel and SAS also deliver an in-memory processing engine for real-time and predictive analytics.
- Targeted mergers and acquisitions. In the last 24 months, Intel has made six major acquisitions aimed at increasing its stake in IoT, cloud, data analytics and field programmable arrays.
- Strong research and development. Intel spent $12.1 billion on research and development in 2015, the most of any chipmaker. It accounted for 22 percent of all research money spent by all semiconductor vendors last year.
- Thousands of new patents. The U.S. Patent and Trade Office awarded Intel 2,048 patents in 2015, which gave Intel the No. 9 ranking among all corporations last year.
Solutions providers that want more specific information on the Intel 2016 IoT strategy and investment plan can download the report.