Intel's Paul Otellini outlined a number of developments taking place behind the walls of the chip-maker's research center on Tuesday, including an advancement promising lower costs in datacenters and high-end workstations.

Following the release of its new Penryn processors yesterday, the Santa Clara Calif.-based chip maker told over 40,000 registered guests of Oracle's Openworld conference that it aims to support virtualization not just in its CPU's, but across its whole platform.

As an example, the Intel chief noted that some tasks will slow down performance even with the best virtualization software.

"Without hardware support, IO (input-output) for virtualization becomes a tremendous task," Otellini explained.

The company said it will add virtualization support inside its motherboard chipsets, which connect the CPU to the memory, and other devices.

Virtualization is becoming a popular buzz-word across many IT circles as the technique promises to leverage today's faster computing power more efficiently. Without it, high performance servers can spend a majority of time waiting for their next instructions, putting to waste the money spent buying the machines in the first place.

Read the rest of this article from International Business Times, here.