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In: Feature Story, News

Avnet, Inc. the leading global technology distributor, announced that Rick Hamada has succeeded Roy Vallee as the company’s Chief Executive Officer. Roy Vallee will continue to serve as Avnet’s Executive Chairman of the company’s Board of Directors. “Avnet is performing well, and we have significantly expanded our global footprint, firmly establishing our company as a global leader in value-added technology distribution,” said Vallee. “We continue to grow much faster than the markets we serve, while meeting or exceeding our stated return on capital goals. Rick is more than ready to become CEO with the skills, experience, passion and values needed to lead Avnet to the next level of performance. Read More…

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In: Africa Focus, Feature Story, News

Avnet Technology Solutions, a global distributor leader and part of Avnet, Inc has extended its focus on the fast growing African market by investing heavily in the resources with a dedicated team of highly skilled sales, technical, financial and marketing professionals to expand its footprint across the continent. Avnet is also expanding its portfolio of products, solutions and services for solution providers on the African continent. A recent IDC forecast states that IT spending on the African continent will grow by 10% to touch US$ 25 Billion in 2011. South Africa is expected to grow by 7.5% in 2011, while Egypt will continue to grow rapidly at over 15% and the spending in the rest of Africa will grow at 12% to go past US$ 10 Billion in 2011.Read More…

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In: Feature Story, Networking, News

Avnet Technology Solutions signed an distribution agreement with HP, to distribute networking products in the Middle East, including Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, UAE and Yemen. As an authorised value-added distributor for HP’s networking products, Avnet will be responsible for providing HP’s reseller partners with sales and technical enablement, logistics and operational support, and programs and services to develop business growth opportunities in the region. In addition to this support, Avnet is investing in channel initiatives and will hold a series of road shows aimed at growing the market for HP networking solutions. Avnet will also offer training and educational programs designed to further increase the data center and networking skills of its channel partners across the region.Read More…

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In: Distributor Watch, Feature Story, News, Software

Avnet Technology Solutions, a VAD in the Middle East and Africa region recently held a special training programme called “HP Software Academy” in association with HP to educate its Preferred Partners in Jeddah and Riyadh in the Kingdom of Saudi Arabia. Emad Aboukhater, channel manager for HP Software Solutions at Avnet Technology Solutions says the HP Software Academy is an initiative designed specifically to inform partners about the vendor’s software portfolio and increase awareness about the benefits of key software products and solutions offered by it.
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Avnet achieved a fifth consecutive quarter of double-digit year over year revenue growth. Revenue of $6.7 billion USD increased 40% year over year. Whereas, Avnet Technology Solutions, the value added distribution arm of Avnet, Inc. reported the revenue of $2.74 USD billion which was much higher then expectations with a growth 47% year over year. The company claims to be supporting the global technology market, and its investments in global scale and scope enhance its position as a premier service provider to the industry.Read More…

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In: Enterprise, Feature Story, News, Storage

Avnet added yet another feather in its cap by acquiring the rights to distribute complete suite of Oracle Software (Technology Stack) and Oracle Hardware including the wide range of Oracle Applications, Hardware and Technology products in all the countries of MENA region – KSA, UAE, Qatar, Kuwait, Oman, Bahrain, Yemen, Iraq, Egypt, Jordan, Palestine, Lebanon, Libya, Tunisia, Algeria, and Morocco.Read More…

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Avnet, Inc. recorded a revenue of $6.8 billion in the 2nd quarter of fiscal year 2011, an 40% year over year increase in its turnover. Whereas, the value added distribution arm, Avnet Technology Solutions’ revenue grew to $3.21 billion across the globe, which was mostly driven by hardware refresh investments, including spending on industry standard servers, storage and networking products.Read More…

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In: Africa Focus, Feature Story, Storage

Leading Value added Distributor, Avnet Technology Solutions in association with HP will be holding Storage Academy in Johannesburg on 2nd March 2011 to train its partners from the Southern Africa after it received the overwhelming response from its partners from Cairo, Beirut, Kuwait and Riyadh. Avnet will also introduce its unique flexible financial solutions its channel partners intended to add more value to their businesses.Read More…

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In: News, Uncategorized

Avnet will become one of the only few companies in the history of NYSE to complete 50-years, since its listing on NYSE in December 30, 1960. Ever since, Avnet has worked to create and sustain a culture that centers on profitable growth, operational excellence, people development and shareholder value creation. This has held true even as the company evolved from a diversified conglomerate to a focused technology distributor that is a global leader in its industry. It was not too long ago that Avnet sold decanters and musical instruments, among a wide range of other products.

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In: Storage

Avnet Technology Solutions recently launched its “Storage Academy” in association with HP to educate its channel partners the importance of designing efficient storage solutions and enhancing their skill-sets. With data growing at an explosive rate, storage has become a main component of HP’s Converged Infrastructure model. Avnet took Storage Academy to Kuwait, Riyadh, Beirut, Cairo and was overwhelmed by the large participation of HP Channel Partners everywhere. During the program both Avnet and HP highlighted various techniques that can be used to design an effective storage infrastructure, such as data tiering, thin provisioning, data de-duplication, archiving and backup strategies to protect precious data. Brocade added value to the academy with a presentation about the latest developments in SAN infrastructure. It also covered key topics like cost competitiveness, margins. Another important topic was Storage Virtualization and the advantages of this technology compared to others.
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