Flextronics Announces Evolution Of IoT To A 'New Era Of Intelligence' At DLD15

MUNICH, Jan. 20, 2015 /PRNewswire/ -- Flextronics (NASDAQ: FLEX), an innovative supply chain solutions company, today announced a new 'era of intelligence' triggered by an increasing level of smart, connected activity. This new era will be as much about the creation and management of a growing intelligent network of sophisticated software and services as it is about intelligent products, even as it requires a thorough re-thinking and re-making of the objects, goods and products that surround us.

In a fireside chat titled "Connecting the Dots on IoT: Intelligence of Things" with Techonomy Media CEO,  David Kirkpatrick at DLD15, Michael Mendenhall, chief marketing and communications officer at Flextronics stated, "This new era of intelligence will disrupt every business and value chain that we know today."

"What a lot of people don't realize is that connected intelligence is going to be the biggest driver of corporate innovation in coming years," added Kirkpatrick.

Based on research commissioned by Flextronics, business leaders are just beginning to understand this new era of intelligence: 86 percent of business leaders are aware of the importance of IoT for a company's success. Yet, only 22 percent say that their company has prioritized an IoT strategy.

Flextronics partners with companies from startups to multinationals to co-innovate and help them go 'from sketch to scale'-- commercializing them globally. In line with its marketplace of innovation strategy, the company focuses on core underlying IoT technologies that further increase the value that it provides to its customers, while simultaneously increasing their competitiveness.

To view a video of today's fireside chat at DLD15, please visit: www.techonomy.com/flextronics

About Flextronics

Flextronics is a leading end-to-end supply chain solutions company that delivers innovative design, engineering, manufacturing and logistics services to a range of industries and end-markets, including data networking, telecom, enterprise computing and storage, industrial, capital equipment, appliances, automation, medical, automotive, aerospace and defense, energy, mobile, computing and other electronic product categories. Flextronics is an industry leader with $26 billion in sales, generated from helping customers design, build, ship, and service their products through an unparalleled network of facilities and innovation centers in approximately 30 countries and across four continents. Flextronics service offerings and vertically integrated component technologies optimize customer supply chains by lowering costs, reducing supply chain risk, increasing flexibility, and reducing time-to-market. For more information, visit www.flextronics.com or follow us on Twitter @Flextronics.

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