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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Intel Corporation    INTC


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05:55aINTEL : Invests Additional $475 Million in Vietnam Business
05:53aIntel Invests $475 Million More in Facility in Vietnam
01/26INTEL : Invests Additional $475 Million in Vietnam
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Intel : New Intel-Powered Retail Experiences to Hit Stores This Year

01/18/2016 | 08:03am EST

Includes Virtual Reality, 3-D Scanning Featuring Boulanger*, Brooks Brothers*, Coop*, Levi Strauss & Co.*, Nordstrom*;

Intel Announces First IoT Platform Designed for Retail

Intel Corporation today unveiled a range of technological innovations that are driving new retail experiences for consumers and enabling retailers to better understand and connect with customers. The solutions feature popular brands including Boulanger*, Brooks Brothers*, Coop*, Levi Strauss & Co.*, and Nordstrom*. The company also announced the Intel® Retail Sensor Platform, the first vertical solution based on the Intel® IoT Platform, designed to enable future retail systems with analytics.

New Retail Experiences

Intel is driving the future of the Internet of Things (IoT) for retail by powering solutions that are behind several new and exciting shopping experiences for customers. These include:

  • Digital scanning with Intel® RealSense™ technology for body measurement to make a custom Brooks Brothers shirt using Size Stream*.
  • Precise foot scanning solution at Nordstrom* using Volumental* technology to give recommendations for shoes that are a great fit.
  • A Capgemini* solution that uses Intel® RealSense™ and Intel® Core™ processors to instantly translate small-scale physical building blocks into customizable 3-D room or store layouts to allow customers to enter a virtual reality model and design their spaces how they want.
  • Coop*, a leading Italian grocer, is showcasing the supermarket of the future, developed by Accenture* in collaboration with Avanade*, featuring Intel technology to recreate the atmosphere of an open-air market with a digital, interactive twist.

"Retailers seem to be turning a corner in terms of using new technologies to better understand their business and connect with customers," said Joe Jensen, vice president of Intel’s Retail Solutions Division. “In fact, Lightspeed POS recently found that, compared to last year, twice as many independent retailers are currently investing in technology that uses data analytics and software to make smarter buying decisions.”

“We want to serve customers in new and unique ways and we’re constantly testing how technology can enhance our service experience,” Scott Meden, Executive Vice President, GMM of Shoes, Nordstrom. “In our shoe business, fit is a critical component of serving customers and we’re excited to explore improving the accuracy and convenience of finding the right size.”

Understand and Connect with the Customer

Intel technology has been helping retailers lower operating costs, increase sales and secure consumer data for many years. Now, with increased data analytics, retailers are able to better understand and connect with their customers by having more visibility about inventory and customer shopping patterns.

  • WestRock*, a leading retail display provider, is now able to gain real-time inventory insights using conductive ink technology from T+ink* in its intelligent smart shelves and pegs. The technology will enable real-time information about on-shelf product availability and gives retailers the necessary data to ensure they have the right product at the right time.
  • French retailer Boulanger* worked with Capgemini and Intel to create new digital retail spaces in-store. The interactive and content rich environment helps engage customers with virtual walls, and allows employees and stores to perform better using analytics technologies.
  • Intel continues to drive security for the evolving retail customer experience, with growing ecosystem support for Intel® Data Protection Technology for Transactions, including HP*, Ingenico* and Panasonic*.

New IoT Platforms for Retail

Available today, the new Intel Retail Sensor Platform is the first vertical end-to-end Intel® IoT Platform solution that combines an Intel-based retail sensor, an Intel-based gateway, and the Intel Trusted Analytics Platform (TAP) to provide a simple, affordable way for retailers to gather actionable, near-real-time intelligence – saving money and converting more sales. Levi Strauss and Co. is currently piloting the platform in three stores in the United States.

Demonstrations of the solutions are on display at Intel’s NRF booth (#2543) in New York City’s Jacob K. Javits Convention Center.

About Intel

Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com, and about Intel’s conflict-free efforts at conflictfree.intel.com.

Intel, the Intel logo, Intel Core and Intel RealSense are trademarks of Intel Corporation in the United States and other countries.

*Other names and brands may be claimed as the property of others.

© Business Wire 2016
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Financials (USD)
Sales 2021 73 437 M - -
Net income 2021 18 241 M - -
Net Debt 2021 9 540 M - -
P/E ratio 2021 12,4x
Yield 2021 2,49%
Capitalization 224 B 224 B -
EV / Sales 2021 3,18x
EV / Sales 2022 3,12x
Nbr of Employees 110 600
Free-Float 99,9%
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Mean consensus HOLD
Number of Analysts 42
Average target price 62,90 $
Last Close Price 55,21 $
Spread / Highest target 63,0%
Spread / Average Target 13,9%
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Robert Holmes Swan Chief Executive Officer & Director
Omar S. Ishrak Independent Chairman
Ann-Marie Holmes Vice President-Operations & Manufacturing
George S. Davis Chief Financial Officer & Executive Vice President
Daniel J. McKeon Vice President-Information Technology Group
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