Graybar Implements Innovolt's® Technology Platform Fortune 500 Company Leverages Intelligent Electronics Management Technology to Guard Equipment from Bad Power
ATLANTA, March 27, 2013 /PRNewswire/ -- Innovolt® Inc., the industry leading provider of intelligent electronics management technology, today announces a relationship with Graybar, a Fortune 500 company, to distribute Innovolt's technology through the company's North American distribution network. Graybar is a leader in the distribution of high quality electrical, communications and networking products, and specializes in related supply chain management and logistics services.
Since 2009, Innovolt has provided patented and proven electronics management technology for hundreds of millions of dollars of installed systems, mainly in the commercial and industrial markets. Responding to the increasing need for enhanced power protection, Innovolt expanded its reach to new geographies and industries that rely on valuable electronic equipment which, if left unprotected, is extremely vulnerable to external and internal power disturbances.
"Adding Graybar to our impressive portfolio of distribution channels is proof that many industries are quickly realizing the negative impact that power imperfections have on the bottom line," states Jeff Spence, president and COO for Innovolt. "Power disturbances can create a wide range of problems for a business and result in lost revenue and customers, decreased profitability and shortened asset life. By implementing the Innovolt technology platform, manufacturers and distributors increase the lifespan and value of their equipment, which leads to increased reliability and brand reputation."
Power Related Disturbances: Electronic Equipment Silent Killers
Even the highly sophisticated technology being developed and deployed in today's marketplace is still at the mercy of a faulty and unreliable power supply. According to the Electrical Power Research Institute (EPRI), power disturbances cost U.S. industries as much as $188 billion per year in lost data, material and productivity.
"At Graybar, we are dedicated to helping our customers power and network their facilities with speed, intelligence and efficiency," states Garry Acker, Graybar Vice President, Product Management. "By offering Innovolt's technology platform, we give our customers another way to better protect their equipment."
Intelligent Power Management Improves Equipment Reputation, Decreases Costs
Innovolt's solution proactively manages electronic assets at the outlet level and prevents costly service issues before they negatively impact business. Additionally, the solution equates to maximum equipment reliability and performance rates, as well as decreasing customer service calls, labor and part costs and overhead.
Innovolt has deployed its technology to Konica Minolta, Katun Corporation, and First Distribution, as well as top Fortune Global 500 companies, including Ricoh and Toshiba, to increase the reliability of their equipment and optimize service to their end-users.
For more information on Innovolt, visit www.innovolt.com.
Atlanta-based Innovolt® is the industry leading provider of intelligent electronics management technology, powering businesses through the creation of high-performance business environments. The Innovolt technology platform, a combination of appliance based hardware and business intelligence software, significantly reduces the cost of electronics ownership by protecting, managing and analyzing vital electronics environments. The company's proven technology guards against 99.5 percent of power disturbances and enables businesses to have more sustainable and better performing electronic equipment with fewer service interruptions. Innovolt has also been acknowledged as a fastest growing technology company by the Technology Association of Georgia, Atlanta Business Chronicle, American Business Awards, Lead411 and is also a finalist for Forbes list of America's Most Promising Companies. For more information, visit www.innovolt.com.
Graybar Electric Company, Inc., a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, communications and networking products, and specializes in related supply chain management and logistics services. Through its network of nearly 240 North American distribution facilities, it stocks and sells products from thousands of manufacturers, serving as the vital link to hundreds of thousands of customers. For more information, visit www.graybar.com or call 1-800-GRAYBAR.
SOURCE Innovolt Inc.