SoftBank Group-backed Arm Ltd, has released Neoverse V2, its next generation of data center chip technology, to keep up with the exponential expansion of data from 5G and internet-connected devices.
Arm develops the underlying intellectual property that other companies, like Qualcomm or Apple, then license to make their own processor chips. Although Intel Corp. INTC.O and Advanced Micro Devices AMD.O have long dominated the data center processor market, Arm’s technology now powers the majority of mobile phones.
For their data centers, Arm said that organizations like Ampere, Amazon, Fujitsu, and Alibaba already create processor chips based on Arm technology. Although it declined to give exact figures, it claimed that Neoverse V2 increases power efficiency.
According to Dermot O’Driscoll, Arm’s vice president for product solutions, their partners are using this during production to create really effective solutions that specifically target the problem spaces they’re after. Thus, when they transition from V1 to V2, they anticipate seeing some fairly compelling data points.
Arm said that the Neoverse V2 architecture is used in the latest data center processor Grace from chip giant Nvidia Corp.
The Internet of Things can benefit from 5G network technology, which increases the performance and dependability of IoT devices. A 5G-enabled Internet of Things is expected to expand sensor-based IoT capabilities to actuators, robotics, and drones enabling dispersed coordination and reliable, low-latency task execution in the field.
The landscape of many sectors is radically shifting as a result of Internet of Things technologies like machine-to-machine interactions with cognitive data analytics in the age of 5G network technology. Additionally, the availability of high-speed networks is increasing, allowing IoT devices to communicate and share data more quickly. This is driving the growth of the global 5G IoT market.
In the upcoming years, the 5G IoT industry is anticipated to experience significant market expansion. Additionally, one of the key reasons propelling the market expansion is the global release of a vast 5G IoT ecosystem.