Intel CEO Talks Cloud and Internet of Things Strategy

Grazed from TopTechNews.  Author: Jef Cozza.

Chipmaker Intel has its head in the clouds these days. Or, to be more accurate, in the cloud. CEO Brian Krzanich outlined a set of core beliefs yesterday guiding the company’s strategy for the future — chief among them that the cloud is the single most important trend influencing the future of computing.

“Our strategy itself is about transforming Intel from a PC company to a company that powers the cloud and billions of smart, connected computing devices,” Krzanich wrote in a blog post yesterday. Krzanich’s comments come just a week after the company announced a major restructuring initiative that would see it shift its focus to its data center and Internet of Things businesses…