News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
You are here: Home / Mobile Tech / New Intel CEO Looking Beyond Mobile
Gartner's #1 for endpoint backup
Intel Names Brian Krzanich CEO, Renee James as President
Intel Names Brian Krzanich CEO, Renee James as President
By Barry Levine / NewsFactor Network Like this on Facebook Tweet this Link thison Linkedin Link this on Google Plus
PUBLISHED:
MAY
03
2013



As it navigates the personal computer industry's move to mobile, Intel has selected a new CEO to lead the way. The company announced Thursday that Chief Operating Officer Brian Krzanich will take the helm, following an Intel tradition of picking an insider for the top job.

Krzanich will move into the CEO's office on May 16, replacing the 62-year-old Paul Otellini, who issued a surprise announcement last November that he would step down. Otellini has been CEO for eight of the 40 years he's been with the company. Krzanich, 52, has spent his entire work career at Intel since he joined the company as an engineer at age 22.

Krzanich will actually become one half of the top executive office, since Otellini's title of president will go to head of software Renee James. The 48-year-old James had also been a CEO prospect.

'Shooting Behind the Duck'

Central to the new leadership's challenges is the diminishing PC market, where Intel has become a household name with its "Intel Inside" campaign and large market share. According to research firm IDC, PC demand declined over 13 percent in the first quarter, while worldwide tablet shipments increased 142 percent and smartphone shipments 41 percent.

Krzanich is projecting a view that goes beyond tablets and smartphones.

"If you're just talking phones," he told The New York Times on Thursday, "you're shooting behind the duck." He said the company is looking at "all kinds of devices," including wearables and new home-based gadgets.

Nearly two-thirds of Intel's revenue in the past year came from making chips for the PC market, with most of the rest from servers. Krzanich acknowledged to The Times that the PC market is "not growing, let's be honest."

'Fraction of PC Sales'

Charles King, an analyst with Pund-IT, said there had been "a certain expectation" that the Intel board might choose an outsider to provide "new blood and leadership" in addressing the market challenges. Krzanich's selection, he said, indicates that the company's board "believes its basic strategy is sound," although some corporate tweaking is expected.

King said it was important to keep in mind that, while Intel needs to shift gears, the sky isn't exactly falling. He pointed out that there were about 60 million tablets sold worldwide last year, and about 330 million PCs. Although tablet's growth rate is "much more robust than PCs," he said, the total tablet sales is "still a fraction of PC sales."

What the company needs to do, King said, and what Krzanich indicated by his "shooting behind the duck" comment, is to be ready for what people will be needing three or four years from now. King added that Intel's coming Haswell processors, which he said could offer a "once-in-a-decade performance enhancement" for new levels of voice, gesture or facial interaction, could be a key to the company's success.

Tell Us What You Think
Comment:

Name:

Like Us on FacebookFollow Us on Twitter
TOP STORIES NOW
MAY BE OF INTEREST
AdvertisementToday's CIO needs to adopt an "Everyone's IT" approach to leadership, embracing technology to increase enterprise agility & collaboration. View the free Gartner research report to learn how to adapt your IT leadership style to today's business standards.
MORE IN MOBILE TECH
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Dairy Queen Latest Retailer To Report Hack
Dairy Queen is known for its hot fries and sweet treats, but it just made cyber history as the latest victim of a hack attack. The fast food chain said that customer data at some stores may be at risk.
 
Lessons from the JPMorgan Chase Cyberattack
JPMorgan Chase is investigating a likely cyberattack. The banking giant is cooperating with law enforcement, including the FBI, to understand what data hackers may have obtained.
 
Who Is the Hacker Group Lizard Squad?
Are they dangerous or just obnoxious? That’s what many are wondering about the hacker group Lizard Squad, which tweeted out a bomb threat that grounded a flight with a Sony exec aboard.
 

Enterprise Hardware Spotlight
Intel Intros Lightning-Fast PC Processors
Call it extreme. Intel just took the covers off its first-ever eight-core desktop processor, which is aimed at hardcore power users who expect more than the status quo from their computers.
 
HP Previews ProLiant Gen9 Data Center Servers
Because traditional data center and server architectures are “constraints” on businesses, HP is releasing new servers aimed at faster, simpler and more cost-effective delivery of computing services.
 
Apple Set To Release Largest iPad Ever
Tech giant Apple seems to have adopted the mantra “go big or go home.” The company is planning to introduce its largest iPad ever: a 12.9-inch behemoth that will dwarf its largest existing models.
 

Mobile Technology Spotlight
Samsung Maps Its Way with Nokia's 'Here' App for Galaxy Phones
Korean electronics giant Samsung has opted to license Here, Nokia’s mapping app -- formerly known as Nokia Maps -- for its Tizen-powered smart devices and Samsung Gear S wearable.
 
Google Successfully Tests Its Own Delivery Drone
While top technology companies are engaged in an "arms race" to develop drones that can quickly deliver goods to anyone anywhere, Google has revealed it successfully tested its own version.
 
Will iPhone Finally Catch Up with NFC Mobile Payment Ability?
Apple's latest version of the iPhone may have a mobile wallet to pay for purchases with a tap of the phone. The iPhone 6 reportedly is equipped with near-field communication (NFC) technology.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | CRM Systems | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.