Connected devices – the Internet of Things – are an area with possibilities for huge growth, and Intel has seemingly made the right choice when it started developing in this direction. Its IoT business unit created last year has almost reached a revenue of $2 billion per year, with a yearly growth of 18%. Now Intel announces the release of a new platform, called Intel IoT Platform, an end to end reference model of its products, providing a foundation to seamlessly and securely connect devices, deliver data to the cloud and build on the value of analytics.
The new platform, focusing on interoperability and security, was announced in the wake of the Internet of Things Summit 2014, which will take place between December 10 and 11 in San Francisco. The event will gather the most dynamic practitioners working for the creation of a more connected world, focusing on topics like interconnectivity, smart devices, a new IoT ecosystem and the applications of the Internet of Things. Participants will have the chance to attend keynote presentations from over 30+ industry experts, participate in interactive workshops and network with over 200 practitioners and experts from the world of IoT.
With its new IoT platform Intel hopes to bring more companies into this emerging new industry. Doug Davis, Intel’s VP and general manager for its Internet of Things division, compares this new platform with the one the PC needed before it could take off. ““We needed a repeatable foundation to help customers deploy solutions,” he said. “We’re unifying the building blocks into a single platform.” The new platform will make Intel’s technology more competitive than other chipmakers’s as the company gets more business in the booming wearables industry. Intel is partnering with non-tech companies – like Opening Ceremony with the smart cuff MICA, for example – to deliver a new generations of wearable technologies. The new platform is “incredibly powerful”, which will make Intel a very attractive partner to work with.