Intel CEO Krzanich Outlines Company's Strategy Around Cloud, IoT
Intel was late in responding to the trend toward mobile devices, and under Krzanich has been pushing hard into growth markets like the IoT, wearables, the data center and the cloud. In his column, Krzanich said Intel's strategy was driven by core beliefs about the importance of the cloud in "shaping the future of the smart, connected world—and thus Intel's future"—that the things in the IoT are made more valuable by their connections to the cloud, that innovations around memory and programmable technologies like field-programmable gate arrays (FPGAs) will drive the development of new devices and that 5G will be crucial to an always-connected world. In addition, Moore's Law—the prediction by lntel co-founder Gordon Moore that has driven computer technology for five decades—will continue to advance, despite the belief of some people that it has run its course. "The law says that we can shrink transistor dimensions by roughly 50% at a roughly fixed cost, thus driving twice the transistors for the same cost (or the same number of transistors for half the cost)," Krzanich wrote. "This concept has fueled the technology revolution all of us have lived through. … In my 34 years in the semiconductor industry, I have witnessed the advertised death of Moore's Law no less than four times. As we progress from 14 nanometer technology to 10 nanometer and plan for 7 nanometer and 5 nanometer and even beyond, our plans are proof that Moore's Law is alive and well. Intel's industry leadership of Moore's Law remains intact, and you will see continued investment in capacity and R&D to ensure so."