Intel Xeon E5 2689 's Advantages
Higher specification of memory (DDR3-1600 vs DDR3)
Higher base frequency (2.6GHz vs 2.2GHz)
Intel Xeon E5 2692 v2 's Advantages
Released 1 years and 6 months late
Larger L3 cache size (30MB vs 20MB)
More modern manufacturing process (22nm vs 32nm)
Lower TDP (100W vs 115W)