Founded in 1968 by Gordon Moore, which would go on to formulate one of the most reliable laws in technology, Intel has been able to survive and thrive through several waves of technology. Intel is transitioning from becoming a PC-centric company to becoming a data-centric company.
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Intel: from PC-centric to data-centric
Around 2013 Intel set a plan and strategy to transform itself from a PC-centric to a data-centric company. By 2018 this objective was almost accomplished at least from a revenues standpoint:
The company generated around 37 billion dollars from PC-centric products. While it made nearly $34 billion from data-centric products.
Intel innovation strategy primarily moves around investments in advanced manufacturing processes and packaging, architecture, interconnects, and embedded security features, as part of Intel’s efforts to be the leading end-to-end platform provider.
Intel Annual Report 2018
As of 2018, 32% of Intel revenues came from its essential data-centric products.
Intel Annual Report 2018
While its PC-centric products represented around 52% of its revenues.
Intel Annual Report 2018
Intel portfolio comprises products that span across platform products, to accelerators and memory and storage components.
Intel Annual Report 2018
And Intel moves around an end-to-end strategy, where it can move across the whole integrated chain. And by offering products in several innovation areas such as cloud computing, 5G network, AI and analytics, edge computing, and more.
Intel Annual Report 2018
While Intel is successfully transitioning its transformation to become a data-centric company, from a purely financial standpoint, the company is highly profitable. With over $70 billion revenues in 2018 and over $21 billion in net income in 2018.
Business resources:
- What Is a Business Model? 30 Successful Types of Business Models You Need to Know
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- What Is a Business Model Canvas? Business Model Canvas Explained
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- What Is a Value Proposition? Value Proposition Canvas Explained
- What Is a Lean Startup Canvas? Lean Startup Canvas Explained
- What Is Market Segmentation? the Ultimate Guide to Market Segmentation
- Marketing Strategy: Definition, Types, And Examples
- Marketing vs. Sales: How to Use Sales Processes to Grow Your Business
- How To Write A Mission Statement
- What is Growth Hacking?
- Growth Hacking Canvas: A Glance At The Tools To Generate Growth Ideas
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