January 15, 2010
By Benjamin Pimentel, MarketWatch
Intel Corporation affirmed this week what many analysts have been talking about for some time: That a corporate spending wave is about to hit—and a big part of it will come from the cloud.
After pulling back on IT spending during the downturn, businesses are widely expected to start spending more on their computer networks, and to embrace the trend of cloud computing, in which companies access computing power through a network, instead of in-house data centers.
This push requires new, more powerful, but cheaper and more energy-efficient chips that Intel says—as do many analysts—it is well-positioned to exploit. Read the article