INTEL Industrial Analytics Software

Intel Corporation is an eminent player in the industrial analytics market. The company has expanded its geographical footprint in various countries including, China, the US, Singapore, and Taiwan. Intel has adopted organic and inorganic strategies in order to cater to its customers in a better manner. Intel invests heavily in its research and development activities to come up with new upgradation in its products and services. In 2016, the company has invested 21.5% of its total revenue in the research and development activities. Further, as a part of organic strategy, the company has introduced various products in the industrial analytics market. For instance, in November 2016, Intel has come up with new product, namely, HARMAN Quick Predict in collaboration with Harman International. The new product helps users in reducing process downtime and minimizes the cost. Similarly, as part of its inorganic strategy, the company has entered into partnerships and collaborations with various companies. For instance, in August 2016, Intel partnered with General Electric in order to integrate GE’s software Predix, an industrial internet software with Intel’s devices and develop a joint offering to rationalize its fab process across the world.