Intel Corp. (INTC) unveiled a series of changes to how it will
report results for its operating segments, including breaking out
results of its newly formed group that focuses on everyday home and
business items that are connected to the Internet.
The so-called Internet of Things Group includes a portion of the
company's intelligent systems group, as well as the Wind River
Software Group, Intel said on Monday.
The Silicon Valley company has been overhauling the top end of
its chip line for server systems, banking on an explosion of new
applications that require heavy-duty data analysis.
Intel in February unveiled additions to its Xeon chip line that
the company said offers twice the average performance of prior
models, while quadrupling their capacity to exchange data with
other parts of a system.
Intel, building on microprocessor technology that began in
personal computers, already accounts for more than 90% of chip
sales for servers that do chores like serving up Web pages. The
company's new Xeon E7 v2 family is designed for more complex jobs,
where chips from companies like International Business Machines
Corp. (IBM) and Oracle Corp. (ORCL) are still often used.
The chip maker is betting that demand will grow rapidly for such
servers to handle "real-time analytics'-sifting through huge
volumes of data as it is generated from sources like point-of-sale
terminals, networks of security, and other home and business
devices often categorized as part of the Internet of Things.
The company said other segments that will have revenue and
operating income broken out on Intel's financial statements include
the PC Client group, Data Center group, mobile and communications
group, software and services operating segments and the all other
category.
Intel is slated to report first-quarter earnings on April
15.
Write to Anna Prior at anna.prior@wsj.com
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