Intel spies $200bn in ‘data-centric’ opportunity combining cloud, edge and AI

Intel has upped its total addressable market (TAM) for what it calls the ‘data-centric’ era of computing from $160 billion to $200bn – with Navin Shenoy, president and general manager of the company’s data centre group, saying it is “the biggest opportunity in the history of the company.” Shenoy was speaking at the company’s Data-Centric Innovation Summit in Santa Clara, and took to a company editorial to outline his plans. “I find it astounding that 90% of the world’s data was generated in the past two years – and analysts forecast that by 2025 data will exponentially grow by 10 times and reach 163 zettabytes,” Shenoy wrote. “But we have a long way to go in harnessing the power of this data. “A safe guess is that only about 1% of it is utilised, processed and acted upon – imagine what could happen if we were able to effectively leverage more of this data at scale.” Shenoy noted how the confluence of edge computing, mapping, cloud, computer vision and artificial intelligence (AI) was making this opportunity more apparent. Naturally, the company has a variety of products which aim to make the process more seamless. Silicon photonics, combining a silicon integrated circuit and a semiconductor laser, aims to provide high performance computing in hyperscale data centres, while Intel’s Optane DC persistent memory focuses on quicker performance with greater affordability.