This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Avnet Recognized By CIO Magazine As A CIO 100 Award Winner

Global technology distributor Avnet, Inc. (NYSE: AVT) today announced that it was named to the 2014 CIO 100, which is developed by IDG’s CIO magazine. The 27th annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT). CIO selected Avnet as one of the recipients for this award based on the company’s continued development of its data storage management system, which significantly reduced backup and recovery times and improved business continuity capabilities for its main North American data center.

“Avnet manages more than 1.5 petabytes of business-critical data, and our IT team recognized that an innovative approach was needed to ensure the highest levels of business continuity,” said Steve Phillips, senior vice president and CIO, Avnet, Inc. “By leveraging new technologies to enhance our award-winning data storage management system, our team was able to effectively incorporate enhanced business continuity capabilities that will continue to meet our data storage needs for years to come. I applaud our IT team for their commitment to this project over the past two years, and their efforts in helping Avnet to mitigate risks.”

The amount of data Avnet stores in its data center more than quadrupled in the past four years. To manage this growth, Avnet implemented an extensive storage infrastructure to house its business-critical data while revolutionizing its data backup environment and processes. The new system marked the first time that Avnet implemented data deduplication across its entire server environment. Additionally, Avnet was among the first companies to leverage EMC’s Data Domain Boost in an Oracle environment, which accelerated backups while minimizing network impact. The two-year initiative substantially improved Avnet’s risk management, business continuity and disaster recovery capabilities by accelerating the data backup and recovery process, enhancing the virtual tape backup environment, and improving the productivity of Avnet’s IT team.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs