Intel CEO's Vision for Company's Software Revenue Growth by 2027

Friday, 12 July 2024, 17:22
Intel's CEO projects a substantial increase in the company's software revenue, aiming for a remarkable $1 billion cumulative by 2027. The strategic moves, including the appointment of the current CTO from VMware, have already shown promising results with over $100 million generated in 2021. With an optimistic outlook, Intel is focusing on expanding its software offerings to drive significant financial growth in the coming years.
Ibtimes
Intel CEO's Vision for Company's Software Revenue Growth by 2027

Intel CEO's Vision for Software Revenue

Intel aims to achieve $1 billion in cumulative software revenue by 2027.

Strategic Appointment

Intel's current CTO from VMware is helping steer the company's software strategy.

Financial Performance

In 2021, Intel generated over $100 million in software revenue.

Future Outlook

The company is optimistic about expanding its software offerings for significant financial growth.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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