3 Reasons Intel Needs Its Driverless Car Ambitions to Succeed

Image source: Intel.Intel (NASDAQ:INTC) recently announced that it’ll be working on creating a new autonomous driving platform with Mobileye and BMW. The companies have set the ambitious goal of bringing fully autonomous driving technology to fleet vehicles by 2021, and each will bring their own expertise to the project.  However, there’s arguably more at stake for Intel than for Mobileye and BMW. The chipmaker is in the midst of pivoting away from its PC focus and shifting to its major revenue growth drivers, the Internet of Things (of which driverless cars are a part of) and data centers. Here’s why Intel needs its driverless car technology strategies to pay off. Intel’s needs a new revenue focus Here’s what Intel CEO Brian Krzanich said about the company’s new direction back in April:…


Link to Full Article: 3 Reasons Intel Needs Its Driverless Car Ambitions to Succeed