Arrow Electronics eyes Aussie IoT market
FYI, this story is more than a year old
Arrow Electronics will use Melbourne’s Connect Expo to showcase its internet of things solutions, as the company seeks to capitalise on increasing IoT spend in Australia.
The distributor, which acquired Distribution Central last month, says research shows that by 2021 as many as one million IoT devices will be purchased and installed every hour, with Australia predicted to be among the top five Asia Pacific countries in terms of IoT spending and penetration.
Natarajan MM, vice president of South Asia sales for Arrow’s Asia Pacific components business, says it is encouraging to see that Australia has intensified its focus on IoT with a regulatory framework being established by the Australian Communications Alliance.
“With our world-class design engineering support and supply chain expertise, we look forward to working with Australian IoT pioneers, enthusiasts, practitioners and implementers in guiding IoT innovation forward and accelerating deployment,” he says.
The company says it’s IoT solutions include intelligent control and sensing capabilities and robust connectivity and will enable ‘innovators and developers’ to simplify IoT deployment for a range of next generation applications including robotics, cameras, medical devices, vending machines, smart home lighting, building automation, digital signage and casino gaming consoles.
Arrow acquired Distribution Central in March in an effort to further increase its presence in the region in the value-added distribution market.
The United States-based company, which provides products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions, had earlier acquired Observatory Crest in October 2014.