PHOENIX, March 28: Avnet, a top worldwide expertise provider,
revealed the elevation of Lou Lutostanski to the position of vice president of
Internet of Things (IoT), in effect straightaway. Lutostanski will report straight
to Pete Bartolotta, foremost transformation officer for Avnet. In his recent responsibility,
Lutostanski will fortify Avnet’s IoT tactic and promote Avnet’s extent to producers,
businesspersons, startups and further IoT trendsetters, allowing them to transport
their IoT solutions to market, from perception to creation.
“Leading the
development of IoT is a core part of Avnet’s strategy for success. Lou brings
decades of experience and industry knowledge to this important role,” revealed Pete
Bartolotta, chief transformation officer for Avnet, commenting, “The ability to
reach a wider base of engineers earlier in the design process will be a key
part of our future growth. Lou will work across all of Avnet to identify and
create opportunities which further leverage our capabilities and address the
rapidly evolving landscape of IoT.”
Avnet persists to apply a tough policy to totally benefit
from on the high-growth prospective of IoT. As stated by a new McKinsey account,
IoT has a prospective economic effect of up to $11.1 trillion annually by 2025.
IDC expects that IoT will be consisted of of approximately 30 billion linked gadgets
by 2020, four times the worldwide populace.
“Avnet is in the driver’s seat of the Internet of Things,” revealed
Lutostanski, adding, “As one of the world’s largest technology distributors,
Avnet is in a unique position to overcome issues of scale and time-to-market
pressures faced by our customers. We will invest in reference designs and high
ROI integrated solutions across the device, gateway, network and cloud which
take IoT to the next level. I look forward to this exciting new role, and I am
committed to supporting our customers through every stage of the IoT product
lifecycle.”
Lutostanski’s selection marks Avnet’s newest effort to propel
the future of IoT.
In October 2016, Avnet accomplished its procurement of
Premier Farnell’s component 14 community, a digital platform that comprises
430,000 associates in 36 nations. One month afterward, in November 2016, Avnet procured
Hackster.io – an online community that aids customers around the world learn
how to create, generate and program Internet-linked hardware. These endeavors and
others have extended Avnet’s spread to comprise big, new audiences of
engineers, pacesetters and businesspersons. Furthermore, Avnet persists to associate
with companies similar to AT&T and IBM to exploit its expansion of IoT
solutions.
Lutostanski joined Avnet approximately 30 years before as a
system sales manager. Throughout the subsequent 13 years, he achieved growing duty
as a field applications engineer, sales manager, branch manager, and vice
president as well as area director. Lutostanski afterward joined Motorola where
he functioned as vice president of worldwide sales for the HP account, then the
Motorola account, and on to vice president of sales and marketing for the
Americas. Ever since his reappearance to Avnet in 2013, Lutostanski has functioned
as vice president of electronic component sales for the Americas and vice
president of demand formation for the Americas. Lutostanski advanced from
Purdue University with a bachelor of science in electrical engineering and an
MBA from Southern Illinois University - Edwardsville.
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