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Intel Corp.

Intel Outlines Vision for Trillion-Dollar E-commerce by 2002

Strategic Insights

— 2 min read

Intel Corporation is projecting one trillion dollars in annual e-commerce revenues by 2002, driving the company's product plans and designs to take advantage of this growth. Paul Otellini, executive vice president and general manager of the Intel Architecture Business Group, and Albert Yu, senior vice president and general manager of the Intel Microprocessor Product Group, emphasized the importance of the Internet in Intel's future during a keynote speech at the Intel Developer Forum. The new Pentium III processor is designed specifically to power a new Internet experience, incorporating technologies such as internet Streaming SIMD Extensions for enhanced video, 3-D, and sound.

Key Takeaways:

  • Intel estimates annual e-commerce revenues will top one trillion dollars by 2002, with the Internet being the single most important growth driver in the computer industry.
  • The new Pentium III processor is designed to power a new Internet experience, incorporating new technologies such as internet Streaming SIMD Extensions.
  • The Pentium III processor utilizes technologies like Memory Streaming Architecture, New Media Instructions, and Concurrent SIMD-FP architecture to enhance PC users' computing experience.
  • A Pentium III processor at 450 MHz is 74 percent faster than a Pentium II processor at 450 MHz on CPU-intensive 3-D calculations.
  • Intel is helping to transform the Internet into a 3-D, interactive environment by working with over 200 companies to deliver applications that utilize the Pentium III processor's technology.
  • The Pentium III processor's serial number feature addresses the security needs of the Internet.
  • Intel plans to introduce the Pentium III processor at speeds of 450 and 500 MHz for Performance PCs on February 26, 1999, and introduce a Pentium III processor at 550 MHz in the second quarter of the year.
  • Intel will introduce the Pentium III Xeon processors at 500 and 550 MHz targeting mid-range and higher servers and workstations in the first quarter of 1999.
  • Intel will introduce mobile Pentium III processors in the second half of the year, bringing new technologies and performance benefits to the mobile market segment.

Statistics:

  • Estimated annual e-commerce revenues: one trillion dollars by 2002.
  • Performance improvement: 74 percent faster than a Pentium II processor at 450 MHz on CPU-intensive 3-D calculations.
  • Number of companies working with Intel to deliver applications: over 200.
  • Planned Pentium III processor speeds: 450 MHz, 500 MHz, and 550 MHz.

Sources:

  • Intel Corporation, Paul Otellini, executive vice president and general manager of the Intel Architecture Business Group.
  • Intel Corporation, Albert Yu, senior vice president and general manager of the Intel Microprocessor Product Group.
  • Intel Developer Forum.
  • www.intel.com/procs/perf.
  • developer.intel.com/design/idf.
  • developer.intel.com/solutions.
  • www.intel.com/pressroom.

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