Wesco Expands Innovation Portfolio, Adds Illinois Facility - Modern Distribution Management

Log In

Wesco Expands Innovation Portfolio, Adds Illinois Facility

As part of an expanded portfolio of services, Wesco International has expanded its IoT advisory services and opened a new innovation center.
Collaboration space at Wesco's Innovation Center in Glenview, IL.
Author
Date

As part of an expanded portfolio of services, electrical and industrial products distributor Wesco International announced it has formed a consortium on innovation, expanded its internet of things (IoT) advisory services and opened an innovation center in Illinois.

The expanded portfolio for Pittsburgh-based Wesco is a synergy resulting from the combination of Wescon and Anixter, Wesco officials said in a news release.

“Our expanded set of services will enable new markets and business opportunities for our suppliers and strategic partners,” said Wesco Chairman, President and CEO John Engel. “Our customers will benefit from our scale and global technical resources to deliver dynamic solutions that drive innovation and together, we will unlock value across our entire ecosystem.”

The announcement comes after Wesco International logged a “record” first-quarter performance in 2023, posting 1Q net sales of $5.5 billion, a 12% year-over-year increase.

Wesco’s Innovation Partner Ecosystem 

Wesco has formed a consortium known as the Innovation Partner Ecosystem to develop solutions to help customers achieve goals around electrification, automation and IoT, grid modernization, security, supply chain consolidation and digitalization. 

Wesco will partner with its customers, installation partners and manufacturer community globally, to innovate and provide strategies that deliver meaningful return on investment, according to company officials. 

Comprising a group of product and software companies, the consortium currently includes: APC, Arcules, Axis Communications, Belden, Bosch, Cisco Meraki, Commscope, Corning, Crestron, DMI, Eaton, Leviton Manufacturing and Panduit.

In March, Wesco also announced the formation of a Data Center Solutions group to focus on solutions for data center lifecycle management.

Wesco Expands Global IoT Advisory Services

Wesco has expanded its global IoT advisory services. As information technology (IT) and operations technology (OT) come together, customers across every sector are looking to gain real-time, data-driven insights into their businesses, Wesco officials said.

Through the combination of IT and OT expertise, deployment support, installation enhancement services, broad portfolio of products and supply chain expertise, Wesco and its partners aim to help integrators and end-user customers define a clear path to solving their operational challenges by harnessing IoT.

Wesco Opens New Innovation Center in Illinois

Wesco will develop, co-innovate and demonstrate technologies and connected solutions from strategic suppliers and its Innovation Partner Ecosystem at a new facility in Glenview, Illinois.

Interactive displays at Wesco’s Innovation Center in Glenview, Illinois. (Photo credit: Wesco)

Wesco’s has other Innovation Centers located around the world in the United States, Mexico, Brazil, England and India. The facilities offer customers a place to view the company’s capabilities. 

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.