Intel Xeon E5 2690 's Advantages
Higher base frequency (2.9GHz vs 2GHz)
Larger L3 cache size (20MB vs 8MB)
Intel Xeon E3 1240L v3 's Advantages
Released 2 years and 2 months late
Higher specification of memory (1600 vs 3)
More modern manufacturing process (22nm vs 32nm)
Lower TDP (25W vs 135W)