Intel’s Kim Stevenson replaces Doug Davis To Lead IoT Business

Intel’s Kim Stevenson replaces Doug Davis To Lead IoT Business

Kim Stevenson

Former Intel’s CIO, Kim Stevenson, was given the name of chief operating Officer for Client and Internet of Things(IoT) Businesses and Systems Architecture Group (CISA).She took the place of previously headed person of Intel’s IoT group and unveiled his retirement last April.

Stevenson responsibilities include technology, engineering, product design, and business direction of the group.Now she has to report to Dr. Venkata “Murthy” Rendchintala and will remain on Intel’s management committe. Intel employed Renduchintala away from Qualcomm last fall to create the CISA Group.

During her time as CIO, Stevenson and her team succeded in developing a sales analytics platform that generated $1 billion from incremental revenue and productivity gains and also designed, built, and managed two data centers in Santa Clara, California.

Stevenson is the subcommittee chair for external thought leadership and outreach for Intel’s Network of Executive Woman and has the ability to speak on the topic both internally and externally. She was also named the 2015 Women of Excellence Digital Trailblazer by the National Association for Female Executives (NAFE).

Before joining Intel, Stevenson worked at EDS and she also spent 18 years at IBM.

Stevenson will have a big challenge ahead of her. Intel executives are counting on IoT to help the company offset the declines in the PC business. As of the end of the second quarter, the company invistigated revenues of $13.5 billion. But that pointed out the third consecutive quarter of declining revenues as the PC market continues to shrink.

The company’s IoT group invistigated second-quarter revenues of $572 million, up slightly from $559 million in the same quarter a year ago.