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AMD CEO Hector Ruiz Addresses Global CXOs at ICT World Forum at CeBIT; Highlights Customer Focus as the Foundation for True Innovation.


Business Editors/High-Tech Writers

CeBIT 2003

HANNOVER, Germany--(BUSINESS WIRE)--March 10, 2003

In a keynote address keynote address
n.
An opening address, as at a political convention, that outlines the issues to be considered. Also called keynote speech.

Noun 1.
 to leaders of global information and communication technology (ICT (1) (Information and Communications Technology) An umbrella term for the information technology field. See IT.

(2) (International Computers and Tabulators) See ICL.

1. (testing) ICT - In Circuit Test.
) companies at the ICT World Forum at CeBIT today, AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips.  (NYSE NYSE

See: New York Stock Exchange
:AMD) President and Chief Executive Officer Hector Ruiz highlighted the need for technology companies to reexamine re·ex·am·ine also re-ex·am·ine  
tr.v. re·ex·am·ined, re·ex·am·in·ing, re·ex·am·ines
1. To examine again or anew; review.

2. Law To question (a witness) again after cross-examination.
 their relationships with partners and customers and consider a new, more collaborative and connected business model promoting shared success in order to deliver truly innovative technology solutions that are applicable and accessible to the widest possible group of users.

"Software and silicon have become the 'plastic and steel' of today's economy," said Ruiz. "The information and communication technology industry is rapidly becoming the DNA DNA: see nucleic acid.
DNA
 or deoxyribonucleic acid

One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes.
 of every industry -- and changing the competitive dynamics of everything it touches."

"With this change comes great responsibility," continued Ruiz. "We, as an industry, must move away from technology advances for the sake of technology advances. We must ground every aspect of our business in delivering true, customer-centric innovation through the migration to a connected business model."

Sharing some of the insights AMD has gained as a result of its connections with partners and users, Ruiz pointed to enhanced connectivity capabilities and the proliferation proliferation /pro·lif·er·a·tion/ (pro-lif?er-a´shun) the reproduction or multiplication of similar forms, especially of cells.prolif´erativeprolif´erous

pro·lif·er·a·tion
n.
 of increasingly data-intensive applications as key drivers of next phase of growth and change for the ICT world. Over the past decade, the combination of a universal connection medium, the Internet, with pervasive, intelligent data capture devices such as personal computers (PCs), personal digital assistants (PDAs) and high-end mobile phones, has increased users' capability to generate and compile vast quantities of data. As a result of this trend, end users are generating ever-growing volumes of increasingly complex datasets that push the limits of today's computing computing - computer  models.

"It became very clear to AMD that if we are going to meet evolving user needs, we must free users from the limitations imposed by today's 32-bit processors, but also allow them to take advantage of all the current investment and energy dedicated to today's 32-bit processing platform," said Ruiz. "Based on this customer feedback, AMD designed its upcoming next-generation 64-bit-capable AMD Opteron(TM) and AMD Athlon(TM) 64 processors to provide a graceful and seamless upgrade path for everyone in the ecosystem."

Ruiz concluded the keynote with a call to action for fellow executives.

"When we look for ways to restore the direction of our industry today, I don't see any reason to look beyond an approach that keeps that focus on providing real innovation that people can use -- customer-centric innovation delivered through a connected business model," said Ruiz.

About AMD

AMD is a global supplier of integrated circuits Integrated circuits

Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1.
 for the personal and networked computer and communications markets with manufacturing facilities in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe, Japan, and Asia. AMD, a Fortune 500 and Standard & Poor's 500 company, produces microprocessors, Flash memory devices, and support circuitry for communications and networking applications. Founded in 1969 and based in Sunnyvale, California Sunnyvale ([sʌniveil]) is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley. As of the 2000 census, the city population was 131,760. , AMD had revenues of approximately $2.7 billion in 2002. (NYSE:AMD).

AMD on the Web

For more AMD news and product information, please visit our virtual pressroom at www.amd.com/news/virtualpress/index.html. Additional press releases are available at www.amd.com/news/news.html.

Note to Editors: AMD, the AMD Arrow logo, AMD Athlon, AMD Opteron, and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other company and product names used in this publication are for identification purposes only and may be trademarks of their respective companies.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 10, 2003
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