Intel to tap into gaming, AI and data centres to drive growth in India: Report
Chipmaker Intel is looking to drive growth and expand its cloud capabilities in India by using gaming, artificial intelligence and data centres, a report in Business Standard stated.
While the company started out with personal computers, 50% of its business involves data centres, Internet of Things, storage and even drones, Prakash Mallya, vice president and managing director for sales and marketing at Intel India, was quoted as telling the business daily.
The report claims that Intel has invested over Rs 30,000 crore in the 20 years of operating its business in India.
Besides the above, the Santa Clara, California-headquartered company also wants to tap into the gaming industry in the country thanks to a large smartphone base, said the report.
Earlier this month, Intel released a new portfolio of solutions focussed on AI, cloud and fifth generation of mobile communications (5G).
It unveiled its 2nd-generation Intel Xeon processors, Intel Optane DC memory and storage solutions, which is aimed at use cases in intelligent-edge applications and network infrastructures.
Intel also said that it saw a $300-billion market opportunity in the server, network, storage and IoT applications and workstations market.
The company has already delivered these solutions to some of its clients and partners, including CtrlS, Wipro Ltd and Zoho.