Nine big names in computing are collaborating to shape a new evolution of servers, which enables faster processing up to 10 times. Intel Corp has decided that they will not join the collaboration which poses a challenge to the company in the near future.
Many companies said Friday that they would support a new development that promises to transfer data in servers up to 10 times faster than the normal speed. This new technology not only aims to fix the error in emerging jobs, but expand the job sector because there will be need to introduce new computer architectures, according to the IBM vice president, Brad McCredle.
New participants include IBM, alphabet Inc.' Google, Hewlett Packard Enterprise, and Dell Technologies.
This provided an open high speed pathway for different types of technology that will not only boost the technology industry but enhance the global business community in various aspects, such as computer performance.
This new product, called OpenCapi, is expected in H2 2017.
However; Intel Corp has decided not to join the momentum.
While Intel focuses on protecting its server technologies, it will face challenges as bigger name companies catch on to the thriving advances of what will be considered modern technology.
Despite this, Intel is suspected to report its fiscal third-quarter earnings after the market closes on Tuesday. The company is likely to reflect growth as it continues to focus on high interest areas, such as cloud. Analysts expect Intel to report a profit of 73 cents a share, compared with 64 cents in the previous period.
The question is whether this growth can continue as Intel faces challenges in 2017.