Despite the investments Intel has made in emerging datacentre technologies a research analyst with Macquarie Capital has lowered share price estimates ahead of its Q3 earnings report Tuesday, citing pressures in the PC market brought about in part by cloud computing.
Intel announced Thursday that it will set up a standalone division to work on innovations for the Internet of Things. The chip giant joins a growing chorus of businesses looking to capitalise on a market pegged to generate revenues of nearly $5tn this year, an astonishing figure but one that research firm IDC predicts.
Hosting and cloud service provider Rackspace announced Tuesday that it has begun rolling out high performance cloud servers to support heavier workloads. The company says the new installations will cater to growing demand for high input / output (I/O) services running in the cloud, bringing near bare-metal levels of speed to virtualised applications.
In a bid to entrench its technology further into hyper-scale datacentres, Intel on Wednesday showcased chip innovations that will see the manufacturer turn up the heat on rivals AMD and ARM for the datacentres of cloud service providers.
Chipmaker Intel has launched three “strategic reference architectures” that the firm claims will enable IT and telecom firms to accelerate hardware and software development for software-defined networking (SDN) and network function virtualisation (NFV).