The Dedicated (Local) Cloud Infrastructure-as-a-Service Market Will Grow Revenues More Than 100x Over the Next Five Years, According to IDC
NEEDHAM, Mass. – Digital transformation (DX) is one of the trends shaping the enterprise world and driving the investments organizations are making to modernize their IT infrastructures and processes. Migration to service-based IT is one of the significant elements of DX initiatives as it enables organizations to utilize IT more efficiently for achieving business goals, […]
TTI Announces New Chief Financial Officer and Promotion of Company Ethics Vice President
Fort Worth, Texas – TTI, Inc. a leading specialty distributor of electronic components, today announced the appointment of Ashish Bhuskute, to the position of Chief Financial Officer. In making the announcement, Mike Morton, CEO, commented, “Ashish’s knowledge and strength in the areas of financial planning and analysis along with mergers and acquisitions, offers an impressive […]
Americans Embrace the Importance of Semiconductors to National Security
As Congress considers legislation that would fund domestic semiconductor manufacturing, design, and research initiatives, a new poll finds a strong majority of Americans understand the critical role semiconductors play in advancing U.S. national security. Two-thirds of Americans (66%) say having a strong semiconductor manufacturing base is either “very important” (45%) or “somewhat important” (21%) to national security, […]
IEC Receives Contract Award Valued in Excess of $45 Million
Newark, New York – IEC Electronics Corp. (Nasdaq: IEC) today announced that it has been awarded a multi-year contract, valued in excess of $45 million, from a Tier 2 Department of Defense contractor. This award is a follow-on order extending IEC’s participation with a program it has supported for several years. In 2019 the contractor awarded […]
ECIA GIPC Design Registration Initiative Update
Atlanta – The ECIA’s Global Industry Practices Committee (GIPC) has reached a milestone in its Design Registration program initiative. Design Registration is a program to encourage, reward, and support engineering services in product design and demand creation activity from Authorized Distributors and guaranteeing revenue capture wherever the order is fulfilled. One critical objective of the initiative […]