This, according to the CEO at Intel who spoke at the Maker’s Faire.
Brian Krzanich, the chief executive officer of Intel Corp, spoke at the Maker’s Faire in San Mateo, California, spoke about wearable technology at the annual event and said that the chipmaker giant is looking to individual inventors for the next big discovery in wearables, particularly in the area of smart clothing.
As smartphone sales start reduce in acceleration, wearables may increase in importance.
Intel feels that wearable technology based computing devices – which is a broad category that takes in a range of different kinds of mobile gadget such as smartwatches, fitness trackers, augmented reality glasses, smart clothing, and other types of tech – may become the next large personal computing trend. However, despite the fact that this year is supposed to be the year of wearables, the products that have already launched, such as fitness bands and smartwatches, have yet to truly take off. This, despite the large brand names attached to them, such as Samsung.
Krzanich feels that the best wearable technology innovations will come from individual inventors.
He stated that it will likely come in the form of smart clothes and that it will be these individual inventors who will be paying attention to their own needs and will, therefore, be more aware of what the consumer is actually seeking. It will be these individuals who will detect the true problem and find the solution for consumers considering the purchase of wearables.
Krzanich stated that “The trick to making the perfect wearable is going to be when you figure out what problems you’re trying to solve, and I don’t think you’re going to be able to build a wearable that does it all for everyone.” He then added “Who better to design the next athletic wearable than an athlete?”
The San Mateo open air event was attended by thousands of people, giving attendees the opportunity to find out what is happening in wearable technology at the moment and to discover what developments have come about. Everything from flying drone demos to voice activated robots were being shown, that day.
The chipmaker has announced that it would be altering its reporting structure for a better reflection of the tech.
Intel Corp., the chipmaker giant, has now announced that it is changing the structure of its financial reporting so that it will provide a more accurate reflection of two primary areas, which are mobile gadgets and the growing field of interconnected electronic devices.
Starting with the company’s first quarter report, which was released April 15, a new revenues group was created.
Within that report, it provided Internet of Things Group category revenues. This was recently created and concentrates on the growing trend of linking everything from the ventilation systems in high rises to an individual’s bathroom scale. This focus on mobile gadgets and devices will be found within the brand new segment: Mobile and Communications.
The revenue from mobile gadgets such as chips for phones and tablets used to be under Other Intel Architecture.
Furthermore, the results from the company’s set-top box and gateway business will now be worked into the PC Client Group, instead of having also been tucked into the Other Intel Architecture category, said the chipmaker. When it comes to the segment called Data Center, it will now be including the results from the communications infrastructure, which had, like the others, previously been shuffled into the Other Intel Architecture category.
The Internet of Things Group is not actually something that just came to be. In fact, it was created in 2013 as a combination of the business from Intel that was focused on chips for industrial and commercial devices with Wind River. That subsidiary sells industrial and commercial device software.
The largest segment of the revenue at Intel is found within the PC Client Group. It will now also include the results that are brought in from the set top box and the gateway business.
The release of the first quarter report includes the retrospective results for each of the updated business segments from mobile gadgets to commercial and industrial devices, and everything in between. This is a notable shift in the way that the company has identified its priorities and has clearly shown the direction that it feels the electronics industry is taking.
