Thursday July 14, 2016

Brian Krzanich on Intel’s Changes: ‘We’re Adapting’

Intel CEO Brian Krzanich spoke Tuesday morning of the challenges of guiding the world’s largest semiconductor company through its next generation of transformational change. He summed up Intel’s progress in two words: "We’re adapting." Krzanich was interviewed by Fortune assistant managing editor Adam Lashinsky as part of Fortune Brainstorm Tech 2016, the publisher’s annual technology and ideas summit. (Watch: "This is Intel’s Future In Tech")

The challenges of leading Intel dominated the 25-minute presentation. Krzanich spoke of the goals of growing Intel’s data center and Internet of Things businesses; Intel’s role in providing high-speed computing power for autonomous cars; and the company’s return to the memory business. Krzanich focused much of the conversation on the explosion of devices and the data they each will create. He said that by 2020, the Internet of Things will include 50 billion devices. Each user of those devices will generate 1.5 gigabytes of data every day. The average autonomous car will create about 40 gigabytes of data each minute.

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