Arrow Electronics Expands Managed Services Portfolio in North America to Complement Channel Partner AI Practices
New offerings for channel partners help fuel accelerated growth and recurring revenue streams.
Arrow Electronics (NYSE:ARW), a leading global technology provider, announced the expansion of its private label managed, professional and implementation services portfolio in North America. This expansion aims to assist channel partners with providing comprehensive solutions throughout the entire service lifecycle, addressing the growing demands for AI, cloud and security technologies.
Arrow's services portfolio is designed to tackle the key challenges faced by IT providers by addressing issues such as the shortage of specialized skill sets, the high costs of developing managed services platforms, and the need to maintain steady cash flow while achieving a higher return on investment.
The expanded managed services portfolio is heavily AI-focused, featuring solutions for management and maintenance of Large Language Models (LLMs), and full AI deployments, as well as individual AI services that range from use case discovery, readiness assessments, and creating minimum viable products, to app modernization and code-as-a-service. These additions build on existing services offerings for cloud, security and data center technologies, such as round-the-clock storage monitoring, secure cloud backup, networking and security enhancements, and cloud orchestration services to streamline operations and elevate performance.
"Continuous innovation and delivering cutting-edge services are vital for our channel partners to remain competitive," said Ben Klay, president of Arrow's North America enterprise computing solutions business. "Our services provide them with the agility to explore new strategic areas while maintaining successful business outcomes. This expansion is a significant step in our commitment to help our channel partners boost recurring revenue streams without the burdens typically associated with maintaining an extensive services portfolio."
The expansion of these private label services in North America further cements Arrow's commitment to providing greater value, enabling channel partners to extend their services offerings under their own brand name. This provides flexibility and enables competitive pricing, which is crucial for mid-market and small business channel partners to thrive in today's volatile environment.
As part of its strategic initiative, Arrow is focused on enabling channel partners to monetize technology trends effectively. The expanded services offerings align with Arrow's broader vision to support its channel partners' AI, cloud and security journeys, and open new doors to transform business opportunities.
For more information on Arrow's private label services, visit the services webpage.
About Arrow Electronics
Arrow Electronics (NYSE:ARW) sources and engineers technology solutions for thousands of leading manufacturers and service providers. With global 2024 sales of $28 billion, Arrow's portfolio enables technology across major industries and markets. Learn more at arrow.com.
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John Hourigan
jhourigan@arrow.com