Avnet to help its partners in the Middle East and North Africa identify and support Oracle’s Primavera opportunities in project-intensive vertical industries

Dubai, UAE – 9 July, 2012 – Avnet Technology Solutions, a global IT solutions distribution leader and operating group of Avnet, Inc. (NYSE: AVT), has extended its relationship with Oracle to offer Oracle’s Primavera Enterprise Project Portfolio Management (PPM) solutions in the Middle East and North Africa (MENA) region. Avnet was selected to distribute the full Primavera product portfolio based on its expertise in selling complete Oracle solutions including hardware, software and services that can help address the needs of end customers.

Oracle’s Primavera solution offers best-in-class solutions focused on the mission critical PPM requirements of key project-intensive vertical industries including engineering and construction, public sector, aerospace and defense, utilities, oil and gas, manufacturing and high tech, and IT and services.

Hani Barakat, senior director Oracle business MENA, Avnet Technology Solutions, said, “Oracle has been in the forefront of developing enterprise technology targeted at the needs of specific vertical industries. Oracle’s Primavera Enterprise Project Portfolio Management solutions provide users with easy access to timely information. Avnet will support its partners with sales and technical enablement capabilities, demand generation and financial services so that they can take advantage of the high-growth potential that exists in the MENA region for these solutions.”

Avnet helps enable its business partners to enter new markets, specialize in technology solutions and accelerate business growth. Avnet focuses its resources and investments on opportunities that can offer its partners increased growth, while providing support and enablement services to help them profit from these opportunities faster. To enable the rapid adoption of Oracle’s Primavera product portfolio in the MENA region, Avnet will offer expert pre-sales and technical support combined with logistics services, innovative marketing programs and financing solutions. These services will help Avnet’s partners gain a competitive edge.

Fadi Abdulkhalek, vice president, cluster leader, Gulf States, Oracle said, “Oracle’s Primavera PPM solutions, together with Oracle ERP solutions and Oracle Business Intelligence provides a comprehensive enterprise project portfolio management (EPPM) solution. We look forward to seeing Avnet leverage its knowledge and experience with Primavera to help its partner community effectively grow their businesses and keep pace with customer demand. This is part of the Partner Specialization program focused on developing skilled consultants and also on strengthening the IT ecosystem in general.”

Primavera products offer rich PPM functionality that helps customers manage their entire project portfolio, including all projects, resources, costs, risks, and project changes. Oracle’s Primavera Enterprise PPM is complementary to Oracle Financials, Human Resources, Product Lifecycle Management, Supply Chain Management, Business Intelligence and infrastructure software. This comprehensive EPPM solution is designed to help customers optimize resources, reduce costs, meet delivery dates and make better decisions, all by using real time data.

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