Intel Xeon E5 2690 's Advantages
Higher base frequency (2.9GHz vs 2GHz)
Larger L3 cache size (20MB vs 8MB)
Intel Xeon E3 1505L v5 's Advantages
Released 3 years and 7 months late
Higher specification of memory (DDR3 vs DDR3)
More modern manufacturing process (14nm vs 32nm)
Lower TDP (25W vs 135W)