Avnet (NASDAQ: AVT), Phoenix, has appointed Ernest Maddock to the company’s board of directors, effective immediately. Maddock will serve on the board’s audit and finance committees. Maddock retired from Micron Technology in 2018, having held the position of CFO and adviser. He previously served as CFO at Riverbed Technology (2013-2015) and LAM Research Corp. (2008-2013). […]
Category: Digitization
Advance Report: New Orders for Durable Goods Down 0.1% in July
New orders for manufactured durable goods in July decreased $0.4 billion, or 0.1%, to $257.2 billion, according to the U.S. Census Bureau. This decrease, down following two consecutive monthly increases, followed a 0.8% June increase. Excluding transportation, new orders increased 0.7%. Excluding defense, new orders decreased 1.2%. Transportation equipment, also down following two consecutive monthly […]
Why Now is the Right Time to Transform Your Sales Model
Distribution executives and sales managers have been lodging the same concerns about their sales models — and sales teams — for many years, says Mike Marks, managing partner of Indian River Consulting Group. And the pandemic has only amplified these all-too-familiar laments. “Salespeople don’t do what I want them to do.” “I’m trying to get […]
Who are Your Customers?
I hate to remind you of this, but we’re facing an election in 2020. And during the election process, each of us will be placed in our own little demographic silo, in the hopes that others in the same silo will think the same way, respond the same way, and most importantly vote the same […]
On-Prem, Hybrid, or Cloud: What Infrastructure is the Best Fit?
Whether opting for on-premise, cloud, or a hybrid, when it comes to software and applications, there are many factors to consider in finding the best fit. Here’s a quick look at what’s what: On-Premise An on-premise (on-prem) solution refers to a situation in which a company hosts its computing resources in their private data centers. […]
Best Practices on Harnessing Your Data
When I talk with NAED members, I am often asked advice on best practices for harnessing data. My answer is always the same – be patient and trust the process. Data is our friend, not the enemy. Invest in people and IT systems specifically for analytics and data science. Make sure you have a plan […]
Actions, Not Data
At a recent meeting I was asked about the difference between BI and AI. Surprisingly ‘they’re different letters’ wasn’t the desired answer. What’s the difference between Business Intelligence and Artificial Intelligence when applied to data analytics? I suggested that BI tells you who your top 50 customers are, AI tells you who your top 50 […]
Business Intelligence Platforms: 5 Best Practices
Google the term “Business intelligence (Bi) and you will find countless results. One solid definition we’ve found comes from Cio.com and reads, “Business intelligence (BI) leverages software and services to transform data into actionable intelligence that informs an organization’s strategic and tactical business decisions. BI tools access and analyze data sets and present analytical findings […]
