Intel officials will be rolling out a broad array of hardware and software at the upcoming Embedded World 2016 show. These new tools will help developers create new products for the Internet of Things (IoT) in an easier manner.
Intel aims to make IoT popular among developers
Intel said it will be unveiling new developer kits, software tools and modules to cut down the complexity around creating Internet of Things (IoT) devices and services and also considerably reduce the time taken in bringing them to market. In a blog post, Intel’s VP for the Internet of Things (IoT) Group and general manager of platform engineering and development, Ken Caviasca, said there is an immense potential in the Internet of Things to drive both economic growth and social change.
“With 85 percent of technology still unconnected, and security threats pervasive, it is still very much the Wild West with vast new territory to explore,” Caviasca said.
Caviasca added that once developers get over the hurdles, it will be easier for them to focus on fun things such as innovation, imagination, and the exploration of the various possibilities IoT has to offer. Since Brian Krzanich took over the role of CEO three years ago, the IoT has been an important business segment for the chip maker.
IoT an important business segment
During Embedded World, which will run from Feb. 23-25 in Germany, Intel will introduce new products which will be the latest efforts in the aggressive push the chip maker is making in the IoT. It is one of the growth areas the chip maker is targeting as it intends to lower reliance on the contracting PC market.
During the earnings call last month, Krzanich and other executives highlighted the importance of the IoT for the company. Krzanich said that areas like the IoT, memory technology and data centers contributed almost 40% of Intel’s overall revenue and also helped in offsetting a part of the revenue decline that took place due to macroeconomic pressures and the struggling global PC market.
Such areas have contributed more than 60% of the company’s operating margin and $2.2 billion in profitable revenue growth last year, Krzanich said during the earnings call. Also the IoT group itself witnessed a 7% jump in revenue to $2.3 billion.