Intel Unveils Tools to Promote Development of Internet of Things

Intel Corp. said the Internet of Things -- the spread of connectivity to everyday electronics -- needs its chips and software to become a reality.

The company today unveiled the Intel IoT Platform, a set of components designed to make it easy for companies to equip their electronic systems with Internet connections, secure them from online attack and derive value from the data they produce.

The world’s largest chipmaker wants to tie a broader range of device makers to its technology and win orders for semiconductors that will link everything from industrial machinery to smartwatches and refrigerators. Intel is trying to fend off competition from chip suppliers that use ARM Technology Plc designs, a standard whose popularity in mobile phones has kept Intel out of that market.

Santa Clara, California-based Intel said the new platform will let customers get to market faster with simpler products that will deliver secure information. The company’s business division responsible for the Internet of Things will grow about 18 percent to more than $2 billion in sales this year, said Doug Davis, the unit’s general manager, at an event in San Francisco.

“The Internet of Things must scale,” said Davis. “We’re talking about billions of devices that will be connected by the end of this decade.”

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE