Intel’s Data Center Group generated revenues of US$3.1bn in Q1 2014, up 11% from last year in its Q1 2014 results.

The company’s total capital spending for Q1 2014 totalled $2,689m which is up from $2,174m in Q1 2013.

Intel said in the first three months of this year it formed the Internet of Things Group and additionally changed its organizational structure to align critical objectives, which changed is Chief Operating Decision Maker reviews.

After the changes the company was left width nine operating groups- PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communication Group, McAfee, Software and Services Group, Non-Volatile Memory Solutions Group, Netbook Group, and New Devices Group.

Its Data Center Group delivers platforms designed for the server, workstation, networking and storage computing market segments.

The results dating up to March 31 show the company generated overall net income of $1.9bn in Q1 2014 which is down by 5% from last year.

Last month Intel became the largest shareholder in open source Hadoop distribution vendor Cloudera, where it said it made a “significant equity investment”.

Intel’s predictions for Q2 2014 reveal it aims to generate revenue of $13bn plus or minus $500m. It also predicts that its full-year capital spending will total $11bn plus or minus $500m.

Intel plans to report its earning for Q2 2014 on July 15.