At the start of the year, the physical store was regaining its competitive edge in the battle against online retail, in many cases as a result of the adoption of new technologies that supported customer experience. The brick & mortar Retail environment would have been in the midst of a digital transformation of course, had the coronavirus pandemic not disrupted the world 2 months ago. With massive worldwide lockdowns that spared essentials stores such as supermarkets and groceries, any retail vertical was stopped in its tracks and the image of our own daily lives as in-store customers was shifted.
Max Chan, Vice President, Global Information Solutions, Avnet Technology Solutions Asia Pacific
There have been a number of exciting developments around the Internet of Things at Avnet lately. First, we kicked off the calendar year 2016 announcing a newly created role of vice president, Internet of Things in the person of Eric Williams, who will steer the company’s global IoT strategy. The previous year, Tim FitzGerald who had led Avnet’s Cloud Solutions business, was appointed vice president of digital transformation. These key appointments underscore our steadfast commitment to investing in the right resources to capitalise on the opportunities in the rapidly growing IoT market.