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Avnet and IBM Advance IoT Solutions with Joint Development Lab

Watson-based solutions lab will empower clients to transform IoT ideas into reality

Thursday, February 16, 2017 7:00 am MST

Dateline:

MUNICH

Public Company Information:

NYSE:
AVT
NYSE:
IBM
"In the lab, we will develop new electronic boards with enhanced cloud and software capabilities, giving our customers a huge boost in building smarter IoT solutions that can positively impact our world."

MUNICH--(BUSINESS WIRE)--Avnet, Inc. (NYSE: AVT) today announced a collaboration with IBM (NYSE: IBM) to accelerate the time to market for IoT solutions. Led by its Technology Solutions team, Avnet will team with IBM to establish a Watson Internet-of-Things (IoT) Joint Lab within IBM’s newly opened global Watson IoT Center in Munich, Germany. Avnet will use this unique environment to showcase, demonstrate, develop and sell innovative IoT solutions.

“There is no limit to how IoT can be used to improve the world. We’re already seeing tremendous potential in new IoT applications that we’re developing with our customers, which range from protecting our children to preventing Legionnaires’ disease,” said Patrick Zammit, global president of Avnet Technology Solutions. “Avnet’s latest collaboration with IBM will accelerate our ability to provide customers with the foundation they need to rapidly develop marketable IoT solutions.”

At the lab, clients from around the world will be able to engage with Avnet and IBM IoT experts to create working prototypes and solutions that draw on the business benefits of Watson IoT and the power of cognitive computing. They can also enhance their IoT technical expertise through hands-on, on-the-job learning in the lab. Additionally, Avnet and IBM will engage with clients on joint business opportunities.

“With almost 20 billion connected devices in the world today, the Internet of Things is rapidly becoming the biggest source of data on the planet,” said Harriet Green, global head of Watson IoT. “With Watson cognitive computing, we have the opportunity to convert that data into meaningful insight to transform companies, industries and society. We are proud to partner with Avnet at our new Watson IoT HQ in Munich in a new joint lab where our best minds can work together side by side. With this agreement, we are pooling our shared deep history and expertise to deliver on the potential of the Internet of Things.”

The joint lab will help enable and inspire clients to imagine the “art of the possible” with IoT – creating new business models and exploring innovative approaches to industry challenges. One way Avnet will achieve this is through its newly acquired Premier Farnell business, which will use the lab to develop proof-of-concept electronic boards embedded with IBM’s Watson IoT and Bluemix services at the device level. The aim is to create a seamless experience for customers, allowing them to rapidly exploit new use cases for customers.

“Our focus is on helping businesses to bring their ideas to market – proof-of-concepts are a critical aspect of that,” said Richard Curtin, senior director of strategic alliances for Premier Farnell. “In the lab, we will develop new electronic boards with enhanced cloud and software capabilities, giving our customers a huge boost in building smarter IoT solutions that can positively impact our world.”

In addition to the lab, Avnet and IBM are actively collaborating to build IoT offerings to accelerate solution development with the IBM Watson IoT and IBM Bluemix platforms. This includes IoT starter kits from Avnet’s Electronics Marketing and Premier Farnell businesses. Clients will gain access to an extensive catalog of over 150 IBM Bluemix cloud services, including the IBM Watson IoT platform, DevOps, mobile and analytics services through the Avnet Cloud Marketplace. Additionally, clients will have access to in-depth technical training on the IBM Bluemix and IBM Watson IoT Platform through Avnet’s training and education services.

“It often takes 10 or more partners to create a single IoT solution, and it can be a challenging and time-consuming task to find the right partners,” said Mark Martin, Avnet’s vice president, IBM global supplier executive. “We’re taking the guesswork out of this for our partners by continually building a solid ecosystem of known companies they can work with to develop their IoT solutions. The new joint lab will be a key place for customers and partners to come together to collaborate with experts to quickly advance their solution design, and it is a vital resource that will be a key asset of the Technology Solutions portfolio over the long term.”

To learn more about these initiatives or how Avnet can help partners grow their IoT businesses, contact your Avnet representative.

Click to tweet: @AvnetAdvantage & @IBM to establish an #IBMWatson #IoT Joint Lab within IBM’s global Watson IoT Center in Munich, Germany.

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About Avnet, Inc.
From components to cloud and from design to disposal, Avnet, Inc. (NYSE: AVT) accelerates the success of customers who build, sell and use technology by providing a comprehensive portfolio of innovative products, services and solutions. Avnet is a global company ranked on the FORTUNE 500 with revenues of $26.2 billion for the fiscal year 2016. For more information, visit www.avnet.com.

Contact:

Brodeur Partners, for Avnet, Inc.
Marcia Chapman, +1-480-308-0284
mchapman@brodeur.com
or
OneChocolate
Ellis Reid, +44 207 437 0227
avnetemea@onechocolatecomms.co.uk
or
IBM Watson IoT
Jonathan Batty, +44 7880 086571
Jonathanb@uk.ibm.com