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Avnet and ON Semiconductor Accelerate IoT Innovation with New Development Framework

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Avnet (Nasdaq: AVT) and ON Semiconductor (Nasdaq: ON) have collaborated to streamline the development of Internet of Things (IoT) devices. Their framework simplifies the creation of IoT-enabled products through rapid prototyping solutions and Avnet’s IoTConnect® Platform, powered by Microsoft® Azure. The initial offering includes the RSL10 Sensor Development Kit, featuring low-power Bluetooth® technology and various environmental sensors. This partnership aims to reduce complexity for original equipment manufacturers (OEMs), allowing faster market delivery and improved product differentiation.

Positive
  • Collaboration aims to simplify IoT development for OEMs.
  • Offers pre-integrated hardware and software solutions.
  • Initial offering includes RSL10 Sensor Development Kit promoting low power usage.
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  • None.

Leading global technology solutions provider Avnet (Nasdaq: AVT) and ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, have joined forces to create a framework that helps OEMs more rapidly develop end-to-end Internet of Things (IoT) devices. The collaboration simplifies the process of building IoT-enabled devices through rapid prototyping system solutions from ON Semiconductor that are preconfigured to connect to IoT application developers and service providers through the cloud. Avnet’s IoTConnect® Platform, powered by Microsoft® Azure and the associated Avnet IoT Partner Program facilitate this connection. The first supported solution from ON Semiconductor is the RSL10 Sensor Development Kit, which features the industry’s lowest power Flash-based Bluetooth® Low Energy radio and an array of advanced environmental sensors.

Through this collaboration, Avnet and ON Semiconductor remove as much complexity from the IoT development process as possible. This allows OEMs to easily build products and experiences around those products and bring them to market faster, while at the same time lowering risk. Avnet and ON Semiconductor offer a selection of pre-integrated hardware and software solutions with a range of connectivity options. Guidance on building the solution is also provided for the purposes of simplifying and speeding development and allowing the OEM to focus on building market-differentiated solutions.

“With innovative, low-power system solutions from ON Semiconductor alongside the robust IoTConnect platform, Avnet and ON Semiconductor provide a secure development environment for jumpstarting any IoT initiative,” said Wiren Perera, who heads IoT at ON Semiconductor. “IoT presents a huge opportunity for OEMs to add autonomy to their products via sensing, connectivity and actuation, which can create new revenue streams and improve efficiencies. ON Semiconductor and Avnet can help OEMs drive innovation forward by building smarter devices that address their customers’ needs.”

In addition, an OEM may need many new skillsets just to get an IoT project started, making it challenging for one company to get all the pieces to work together seamlessly. This includes dealing with the complexity of a diverse and global supply chain required to build then deliver IoT solutions.

“Avnet and ON Semiconductor are offering solutions to meet the changing needs of OEMs and their customers,” said Lou Lutostanski, vice president of IoT, Avnet. “We’re providing ways to help OEMs stay competitive, maximize revenue potential, and design with the right technologies to create secure IoT solutions.”

For more information on how OEMs can address their IoT design needs, please visit: http://Avnet.com/Iotwithon

About ON Semiconductor

ON Semiconductor (Nasdaq: ON) is driving energy efficient innovations, empowering customers to reduce global energy use. The company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy efficient, power management, analog, sensors, logic, timing, connectivity, discrete, SoC and custom devices. The company’s products help engineers solve their unique design challenges in automotive, communications, computing, consumer, industrial, medical, aerospace and defense applications. ON Semiconductor operates a responsive, reliable, world-class supply chain and quality program, a robust compliance and ethics program, and a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe and the Asia Pacific regions. For more information, visit http://www.onsemi.com. Follow @onsemi on Twitter.

About Avnet

As a leading global technology distributor and solutions provider, Avnet has served customers’ evolving needs for an entire century. We support customers at each stage of a product’s lifecycle, from idea to design and from prototype to production. Our unique position at the center of the technology value chain enables us to accelerate the design and supply stages of product development so customers can realize revenue faster. Decade after decade, Avnet helps its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at www.avnet.com.

Follow Avnet on Twitter: @Avnet

Follow Avnet on Instagram: http://www.instagram.com/Avnet

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FAQ

What is the collaboration between Avnet and ON Semiconductor?

Avnet and ON Semiconductor have teamed up to simplify the development of IoT devices, offering pre-integrated hardware and software solutions.

How does the Avnet IoTConnect® Platform benefit OEMs?

The IoTConnect® Platform accelerates product development for OEMs by providing a secure environment and facilitating connections in IoT applications.

What is the RSL10 Sensor Development Kit?

The RSL10 Sensor Development Kit is ON Semiconductor's initial offering in the collaboration, featuring low-power Bluetooth® technology and advanced environmental sensors.

When was the partnership between Avnet and ON Semiconductor announced?

The partnership was announced on February 8, 2021.

How does this partnership affect the stock symbols AVT and ON?

The collaboration is expected to enhance business prospects for both Avnet (AVT) and ON Semiconductor (ON) by enabling faster development of innovative IoT solutions.

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