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Avnet Electronics Marketing Americas Looks to “Internet of Things” as a Top Technology Trend in 2014

The Internet of Things (IoT) is expected to grow to 26 billion units installed in 2020, according to Gartner. Avnet Electronics Marketing Americas, a business region of Avnet, Inc. (NYSE: AVT), sees opportunity in the key technologies that make the connected devices revolution a reality. From sensors to wireless solutions and processors, engineers can leverage Avnet’s broad portfolio of products and in-house technical expertise to stay ahead of the IoT wave.

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Avnet offers engineers design chain and supply chain services to efficiently manage the complexity of wireless connectivity product development, speeding their time to market. With wireless connectivity driving innovation and application diversity, machine-to-machine communications is becoming pervasive, helping connect billions of new devices, from light bulbs to cars and refrigerators.

“In 2014 we’ll see more consumer technology infiltrate the markets we serve, including industrial, automotive, medical, military and defense,” said Rondekka Moore, vice president, demand creation, Avnet Electronics Marketing Americas. “We’ll see growth in demand for systems that will feature various kinds of sensors and connectivity to the Internet. Wearable and touchscreen technology will also bring opportunities for Avnet and our customers.”

“Avnet is driven by innovation, and that’s why we’ve been in business for more than 90 years. As our customers build next-generation designs, we can help them every step of the way,” said Ed Smith, president, Avnet Electronics Marketing Americas. “Whether a customer is focused on LEDs, the medical or automotive markets, visionary machines, or other major industry trends, we can deliver the technical offerings and the most efficient and adaptable global supply chain structure to serve their needs.”

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About Avnet Electronics Marketing

Avnet Electronics Marketing is an operating group of Phoenix-based Avnet, Inc. that serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in more than 80 countries, distributing electronic components and embedded systems from leading manufacturers and providing associated design-chain, supply-chain and value-added integration services. The group's website is located at www.em.avnet.com.

About Avnet, Inc.

Avnet, Inc. (NYSE: AVT), a Fortune 500 company, is one of the largest distributors of electronic components, memory products and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 29, 2013, Avnet generated revenue of $25.5 billion. For more information, visit www.avnet.com.

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