Avnet Recognized on the 2014 InformationWeek Elite 100 as a Top Business Technology Innovator

  Avnet Recognized on the 2014 InformationWeek Elite 100 as a Top Business
  Technology Innovator

Avnet honored for its use of automation to increase sales efficiency, and help
        its customers and supply chain partners grow their businesses

Business Wire

PHOENIX -- April 2, 2014

Global technology distributor Avnet, Inc. (NYSE: AVT)  today announced that it
was named to the InformationWeek Elite 100 – a list of the top business
technology innovators in the U.S. Avnet was recognized for automating the
processes around one of the most critical sales areas for its enterprise
computing operating group – performance-based incentive programs for its sales
teams, customers and supply chain partners.

“Avnet constantly looks for new technology ideas that we can use to make the
world a better place for our customers, employees and supply chain partners,”
said Steve Phillips, senior vice president and CIO, Avnet, Inc. “By automating
aspects of our incentive programs, we were able to make it much easier for
Avnet’s customers, employees and supply chain partners to monitor their
performance against key business goals. This enhanced visibility improves
efficiency and accelerates the success of those we work with, and it is an
honor to be recognized on the inaugural InformationWeek Elite 100 for this
technology innovation.”

Additionally, Avnet was acknowledged for its use of technology to positively
impact its employees’ work environment through its BYOD (bring your own
device) program. The company experienced a significant increase in wireless
network traffic at its global headquarters, driven by employees using personal
tablets and smartphones for business purposes. As a result, Avnet expanded its
network capabilities to securely accommodate traffic growth, empowering
employees to work on the devices they find most efficient.

“The digital business movement is a force CIOs can't ignore,” said
InformationWeek Editor-In-Chief Rob Preston. “Just as Amazon.com transformed
the retail industry, Netflix changed the face of movie distribution, and
Orbitz and others reinvented travel planning, new digital companies,
technologies, and business models will shake up a range of other industries,
from healthcare to manufacturing to higher education. Digital businesses
areadept at using the web in conjunction with mobile, social, analytics, and
other technologies to not only boost sales, but also change their
relationships with customers.The 2014 InformationWeek Elite 100 highlights
companies that are leading this digital business revolution, redefining
business models and reshaping industries.”

This is InformationWeek’s 26^th year identifying and honoring the nation’s
most innovative users of information technology.For 2014, this assessment was
narrowed to a more elite 100 organizations.The InformationWeek Elite 100
research tracks the technology-based investments, strategies, and results of
some of the best-known organizations in the country. Unique among corporate
rankings, the InformationWeek Elite 100 spotlights the power of business
technology innovation.

Additional details on the InformationWeek Elite 100 can be found online at
http://www.informationweek.com/elite100.

Read about Avnet's approach to IT on the Behind the Firewall blog:
http://blogging.avnet.com/weblog/cioinsights/

Follow Avnet on Twitter: @Avnet

Connect with Avnet on Facebook or LinkedIn:
http://www.facebook.com/pages/Avnet/111721912175548 or
http://www.linkedin.com/company/avnet

About InformationWeek

For more than 30 years, InformationWeek has provided millions of IT executives
worldwide with the insight and perspective they need to leverage the business
value of technology. InformationWeek provides CIOs and IT executives with
commentary, analysis and research through its thriving online community,
digital issues, webcasts, proprietary research and live, in-person events.
InformationWeek’s award-winning editorial coverage can be found at
www.informationweek.com.

InformationWeek is produced by UBM Tech, a global media business that brings
together the world's technology industry through live events and online
properties. For more information, go to http://tech.ubm.com.

About Avnet, Inc.

Avnet, Inc. (NYSE: AVT), a Fortune 500 company, is one of the largest
distributors of electronic components, computer 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.

Contact:

Media Contact for Avnet
Brodeur Partners
Marcia Chapman, +1 480-308-0284
mchapman@brodeur.com
or
Media Contact for InformationWeek
Winnie Ng Schuchman, +1 631-406-6507
Vice President, Marketing
wng@techweb.com
 
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