Cloud Computing: Intel’s Super Elastic Datacenter Bubble Plastic
November 25, 2014
Grazed from EnterpriseTech. Author: Timothy Prickett Morgan.
IT spending is growing at a few measly points a year, at best, and guess what? Diane Bryant, general manager of Intel’s Data Center Group, is not even breaking a sweat. And the reason why is simple: revenues from the chippery that Intel sells in servers, storage, and switches has been growing much faster than the market at large and is projected to do so out until 2018, which is the edge of Intel’s planning horizon.
At the company’s annual Investor Meeting late last week, the top brass of the chip giant gave Wall Street and the rest of us who care about Intel’s fortunes because so much of the datacenter is underpinned or driven by Intel some insight into how they think the future will play out…
While Intel certainly faces its share of competition in the networking market that it is just beginning to get traction in and from upstarts who want to craft ARM servers, use Nvidia GPU accelerators, or IBM Power systems, the company is nonetheless projecting for revenues in the Data Center Group to grow around 16 percent this year. That is twice the growth rate that Intel had in 2013, thanks to an uptick in spending by enterprise customers. (This was an uptick that Intel had expected in the second half of 2013.)…
Read more from the source @ http://www.enterprisetech.com/2014/11/25/intels-super-elastic-datacenter-bubble-plastic/