BMO Capital Markets analysts Ambrish Srivastava, Gabriel Ho and Kulin Patel rate Intel Corporation (NASDAQ:INTC) as an Outperform as they attend Intel’s data center event and conjure up some key takeaways.

Intel

This past week we attended a data center event hosted by Intel, where the company launched its next-generation Xeon E7 v2 product family. This is Intel’s high-end server product line. Following are some of our key takeaways.

Key takeaways from Intel’s data center event

This is Intel Corporation (NASDAQ:INTC)’s scalable two-, four-, and eight-socket high-end offering, and Intel showcased key benchmarks such as 2x the performance, 3x the memory capacity, and about 4x I/O bandwidth versus the prior-generation product. Intel also quoted a 148x performance improvement with the E7 v2 using an in-memory database solution versus the prior E7 which uses an older disk-based database solution.

The list of customers and partners was impressive and ranged from direct customers such as International Business Machines Corp. (NYSE:IBM) (IBM, $182.79, Market Perform, by Keith Bachman), Hewlett-Packard Company (NYSE:HPQ) ($29.79 Market Perform, by Keith Bachman), Cisco Systems, Inc. (NASDAQ:CSCO) ($22.13 Outperform, Tim Long), and end customers such as VelociData (data analytics solutions), the London Stock Exchange Group Plc (LON:LSE) (£20.03, Market Perform, by Jillian Miller), and eBay (EBAY, $54.59, Outperform, by Edward Williams).

The use case examples brought up by the end customers emphasized key areas such as real-time business and predictive analytics done in times orders of magnitude faster than in the past. The end markets for these applications range from retail, healthcare, and manufacturing to oil and gas.

Overall, while Intel’s DCG numbers disappointed last quarter, the offerings remain vibrant and aim at targeting higher growth applications/segments.