Intel Xeon E5 2648L v3 's Advantages
Higher specification of memory (DDR4-2133 vs DDR4)
Lower TDP (75W vs 350W)
Intel Xeon Platinum 9242 's Advantages
Released 4 years and 7 months late
Higher base frequency (2.3GHz vs 1.8GHz)
Larger L3 cache size (71.5MB vs 30MB)
More modern manufacturing process (14nm vs 22nm)