Avnet has been named a 2025 CIO 100 Award winner for its ground-breaking AI-Enabled Product Catalogue project.
Recognising innovative ways to deliver business value, this prestigious award highlights Avnet’s commitment to leveraging cutting-edge technology to drive business success and enhance customer satisfaction.
The AI-Enabled Product Catalogue project was implemented to address a critical business challenge: ensuring accurate data within Avnet’s extensive and constantly evolving catalogue of more than 16 million components.
Avnet integrated advanced machine learning and generative AI techniques to improve data classification and description accuracy.
The impact of the AI-Enabled Product Catalogue project has been profound. Ensuring the greatest accuracy and level of detail in listings boosted advanced search and product recommendations, ultimately leading to increased sales and stronger partnerships with suppliers.
Additionally, Avnet has also reduced operating expenses due to decreased manual intervention. Overall, the project has resulted in a consistent monthly revenue increase, while reducing operating costs.
“This award is a testament to our team’s dedication to excellence and innovation,” said Max Chan, Chief Information Officer, Avnet. “By leveraging advanced AI techniques, we have revolutionised our approach to product catalogue management. This game-changing project sharpens our competitive edge and positions us for continued leadership in technological advancements and customer satisfaction.”
For almost 30 years, the CIO 100 Awards have recognised innovative organisations that exemplify the highest level of strategic and operational excellence in IT.
“The CIO 100 Awards recognise IT leaders who drive innovation, transformation and business success through technology,” said Elizabeth Cutler, Content Director, CIO 100 Symposium & Awards. “With an exceptionally high calibre of submissions each year, winning a CIO100 Award is a true honour, highlighting the bold vision, strategic excellence, and ground-breaking impact of the most influential CIOs shaping the future of digital enterprise.”
