Intel is looking to get intelligent devices to the market quicker after announcing its own Internet of Things (IoT) platform.
The Intel IoT platform, which combines hardware, software and partnerships, is designed to make it easier for companies to deploy services and products to the market faster at reduced costs.
It includes the chip maker’s latest IoT gateway reference designs, which can collect and analyse data from sensors, wearables and other IoT devices at the edge of the network.
Intel also listed a slew of tech partners including Accenture, SAP, Dell, Wipro and Tata Consultancy in support of the IoT platform.
Doug Davis, VP and general manager of Intel’s IoT Group, said: "With this platform we are continuing to expand our IoT product family beyond silicon with enhancements to our pre-integrated solutions that make IoT more accessible to solution providers."
"IoT is a rapidly growing market but faces scalability hurdles. By simplifying the development process and making it easier to deploy new solutions that address market needs, we can help accelerate innovation."
The platform will also include the Wind Edge Management System, which provides cloud connectivity to help companies control IoT operations such as device configuration, file transfers, data capturing and data analysis.
Intel’s McAfee security business also introduced Enhanced Privacy Identity (EPID) technology to keep the IoT Gateways more secure.
The company pointed to Rudin Management, a New York City real estate company, as an example of company effectively using IoT.
In one year, the company saved nearly $1 million to its bottom line, which translates to savings of 50 cents for every square foot of real estate it owns and manages.
John Gilbert, COO, Rudin Management, said: "We are a real estate company that used to dabble in technology, but now because of IoT, we are a technology company that dabbles in real estate."
The release comes not too long after rival ARM introduced bed operating system for chips based on ARM’s Cortex-M designs that is said to use as little battery and memory as possible.