BANGALORE, India, April 2, 2013 /PRNewswire/ -- IBM (NYSE: IBM) today announced that Avnet Technology Solutions, the global IT solutions distribution leader and an operating group of Avnet, Inc. (NYSE: AVT), has selected IBM SmartCloud as the foundation for Avnet Cloud Solutions, a portfolio of cloud offerings for small and midsize businesses in India. With IBM SmartCloud, Avnet offers compute and storage capabilities in a utility model and structures customized solutions such as disaster recovery and managed services. (Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO ) Avnet has a strong presence in India, where it is expanding its portfolio of services to include customized cloud solutions for small and midsize businesses across various industries, including retail, logistics, manufacturing, banking and financial services, public sector and education, among others. Cloud computing holds tremendous potential for a significant number of small and midsize Indian enterprises with limited IT resources. IBM SmartCloud will enable Avnet partners to offer their customers access to enterprise-level IT at affordable price points without additional investment in infrastructure, security, back-up, upgrades and maintenance. This partnership will help those customers derive benefits by adopting a robust cloud architecture and service model, leapfrogging the traditional investment in enterprise IT. "As the need for a robust, yet affordable, IT infrastructure rises, cloud computing presents a significant value proposition to customers and service providers," said Naresh Desai, general manager, Avnet Technology Solutions, India. "Powered by IBM SmartCloud, our portfolio of cloud solutions will help our clients address their business requirements and drive growth." An enterprise-class public cloud infrastructure-as-a-service (IaaS), IBM SmartCloud delivers secure and scalable hosted IT infrastructure with on-demand access to virtual server and storage resources. Leveraging the transformational capabilities of IBM SmartCloud, Avnet Cloud Solutions will enable companies to focus on their core operational activities without having to pay extra for ownership of IT systems or to invest large amounts of capital for IT projects. The organizations will also be able to reduce cost through a shift from capital expenditure (CAPEX) to monthly operation expense (OPEX) model.