Tuesday, 23 February 2016

Intel Makes Internet of Things Simple For Developers


To ease the development of the IoT services and devices, the chipmaker has brought down the complexity.

The future holds great opportunities for Internet of Things (IoT). To ease the development of such, Intel Corporation has announced its plan of sharing software tools, developer kits and few modules, which could diminish the complexity faced by the developers while creating the devices and services of Internet of Things (IoT). 
The said tools will be beneficial in cutting down the long hours taken to bring the tech products into the markets. Reported in a blog post, Ken Caviasca, the Mountain View, Califfirm’s VP for Internet of Things (IoT) Group opined that the IoT holds colossal potential to cultivate social change and economic growth. “With 85% of technology still unconnected, and security threats pervasive, it is still very much the Wild West with vast new territory to explore,” Caviasca said. 
The Vice President envisions that if the developing tools are easier to work with then the developers can easily work on improving the devices and services. He added that once the developers have cut down the barriers due to complexity. They can easily shift their focus of attention on imagining, exploring, and innovation of the potential and substantial possibilities that IoT has had to offer to the users.
The Internet of Things (IoT) has been a crucial segment of business for the $132 billion organization. Ever since Brian Krzanich had taken up the responsibilities and duties as the company’s CEP for over three years ago, the chipmaker has been given immense importance to the IoT business.
Intel Corp. is looking forward to introduce some of its new products, which have been made with the intention of having an aggressive push in IoT’s business segment. The chipmaker has been geared up to display its products during Embedded World, which has been scheduled from Feb. 23-25 in Germany. For Intel, who had strong share in PC market, ought to maintain the aggressive approach for the new segment of business that has crucial role in the growth and success of the Californian based company.
Krzanich, along with other executives, had been quite vocal about the significance of the IoT for the tech company, during last month’s earnings call. Krzanich expressed that divisions like data centers, IoT, and memory technology had accumulated 40% of Intel’s overall revenue. The revenue generated from these sectors circumvented the significant revenue decline the company faced due to slumping market of PC, globally and the macroeconomic pressures.
The CEO told during the earnings call that the abovementioned areas had made a contribution of more than 60% in Intel’s operating margin. Moreover, such areas also contributed $2.2 billion in company’s last year’s profitable revenue growth. In addition, the IoT business division itself had an increase in revenue by 7% to $2.3 billion.

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