In Japan, for example, he said percentage growth of Itanium revenues surpassed that of the two leading 64-bit processors while in Russia, Itanium yielded thrice as that of SPARC and almost double that of IBM's Power chip.

"Clearly, this is a trend we are seeing," said Bailey, adding that there are now more vertical industries such as retail, research, education, and even space exploration, deploying Itanium-based solutions.

According to Intel, more than 70 percent of Fortune Global 100 companies have are running mission-critical applications on Itanium servers.