Intel’s data centric revenue grew 21% in Q4

Intel reported Q4 2017 revenue of $17.1 billion and record full-year revenue was $62.8 billion. Excluding McAfee, fourth-quarter revenue grew 8 percent year-over-year with data-centric revenue up 21 percent, and full-year revenue grew 9 percent year-over-year.

• Data-centric businesses, which accounted for 47% of Intel’s fourth-quarter revenue, an all-time high.
• The Data Center Group (DCG), Internet of Things Group (IOTG) and Programmable Solutions Group (PSG) all achieved record quarterly revenue. 

“2017 was a record year for Intel with record fourth-quarter results driven by strong growth of our data-centric businesses,” said Brian Krzanich, Intel CEO. “The strategic investments we’ve made in areas like memory, programmable solutions, communications and autonomous driving are starting to pay off and expand Intel’s growth opportunity. In 2018, our highest priorities will be executing to our data-centric strategy and meeting the commitments we make to our shareholders and our customers.”