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You are here: Home / Analysis / Intel’s $2.1B 2014 Revenue Shows Internet of Things is Here to Stay

Intel’s $2.1B 2014 Revenue Shows Internet of Things is Here to Stay

January 22, 2015 by Rob Farber Leave a Comment

IoT (Internet of Things) is here to stay as demonstrated by Intel’s $2.1B revenue from IoT reported in the latest 2014 earnings report. IoT is characterized by a diversity of sensors, wireless radios, and truly miniature processors that enhance what devices around us can sense and do. For example, TechEnablement wrote about the new Curie module, which fits a sensor hub, a Quark processor, and a Bluetooth connection inside the space of a button and holds the potential to save athlete’s lives and reduce both health and auto insurance rates.

Information at a glance from the Intel Earnings report (courtesy Intel Corp.) Bold emphasis added by TechEnablement for this article.

Full-Year 2014 Business Unit Trends

  • PC Client Group revenue of $34.7 billion, up 4 percent from 2013.
  • Data Center Group revenue of $14.4 billion, up 18 percent from 2013.
  • Internet of Things Group revenue of $2.1 billion, up 19 percent from 2013.
  • Mobile and Communications Group revenue of $202 million, down 85 percent from 2013.
  • Software and services operating segments revenue of $2.2 billion, up 1 percent from 2013.

Q4 Key Business Unit Trends

  • PC Client Group revenue of $8.9 billion, down 3 percent sequentially and up 3 percent year-over-year.
  • Data Center Group revenue of $4.1 billion, up 11 percent sequentially and up 25 percent year-over-year.
  • Internet of Things Group revenue of $591 million, up 12 percent sequentially and up 10 percent year-over-year.
  • Mobile and Communications Group negative revenue of $6 million, consistent with expectations.
  • Software and services operating segments revenue of $557 million, flat sequentially and down 6 percent year-over-year.

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