Intel software, cumulative revenue of 1 billion dollars = CTO by the end of '27
2024/7/12 5:04 PM GMT+9 (some excerpts)
Greg Lavender, Chief Technology Officer (CTO) of Intel, a major US semiconductor company, responded to an interview by Reuters and revealed that there is a possibility that cumulative revenue related to software will reach 1 billion dollars by the end of 2027.
Intel's software revenue in 2021, when Mr. Lavender was withdrawn from the cloud computing company VMware, was over 100 million dollars. Since then, Intel has acquired 3 software companies.
Intel rents various software services and tools, from cloud computing to AI (artificial intelligence). According to Lavender, his strategy is to focus on providing AI, performance, and security services, and the company is investing in all three of these areas.
Intel's software revenue in 2021, when Mr. Lavender was withdrawn from the cloud computing company VMware, was over 100 million dollars. Since then, Intel has acquired 3 software companies.
Intel rents various software services and tools, from cloud computing to AI (artificial intelligence). According to Lavender, his strategy is to focus on providing AI, performance, and security services, and the company is investing in all three of these areas.
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