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November 6, 2013 AT 6:41 pm

Intel creates new business division for “Internet of Things” #IoT #makerbusiness

Nimbusintel

Intel creates new business division for connected gadgets.

The Santa Clara, California chipmaker and other technology companies are betting that what they call the ‘Internet of Things’ – a trend toward connecting everything from bathroom scales to skyscraper ventilation systems via the Internet – will create massive demand for new electronics and software.

As Intel strives to make sure it’s not caught off-guard by future technology trends, its new ‘Internet of Things Solutions Group’ will report directly to Chief Executive Brian Krzanich, according to Doug Davis, the group’s general manager.


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