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Thursday, December 1, 2016

Intel's New Business Is Dedicated to 'Oiling' Self-Driving Cars

Cars are set to be a major part of the connected world. #Intel is reorganizing its business and creating a new division dedicated to autonomous driving as the semiconductor giant ramps up its effort to dominate the fast-emerging market. The world’s largest semiconductor maker announced Tuesday that the new division, called the Automated Driving Group, spun out of its Internet of Things ( #IoT ) business, an area where Intel has deepened its stake in the past year. Doug Davis, a long-time executive who managed the company’s Internet of Things business, will now lead the Automated Driving Group. Kathy Winter, formerly of Delphi, will be the vice president and general manager of the new division. Intel also announced that Tom Lantzsch, the former executive vice president of strategy at ARM, will head up the IoT group. The decision is a bet not just on a future of connected devices; it’s also wager that vehicles will be the centerpiece or at least a core component in the world of IoT. Intel CEO Brian Krzanich has predicted that by 2020, the Internet of Things will include 50 billion devices and each user of those gadgets will generate 1.5 gigabytes of data every day. But, he has said, the average autonomous car will create about 40 gigabytes of data each minute. That’s a lot of data to process.

http://fortune.com/2016/11/29/intel-reorganizes-automated-driving/

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