Intel Xeon E3 1270 's Advantages
Higher base frequency (3.4GHz vs 2GHz)
Lower TDP (80W vs 350W)
Intel Xeon Platinum 8470 's Advantages
Released 11 years and 9 months late
Higher specification of memory (4800 vs 3)
Newer PCIe version (5 vs 3)
Larger L3 cache size (105MB vs 8MB)
More modern manufacturing process (10nm vs 32nm)