In a push to accelerate B2B digital commerce and transformation, Ingram Micro Holding Corp. has named a new executive, Sanjib Sahoo, as president of its global platform group.
Sahoo will oversee the development and implementation of Xvantage, the company’s AI-powered platform aimed at improving efficiency and simplifying B2B transactions.
Headquartered in Irvine, California, Ingram Micro operates in 57 countries and manages 134 logistics and service centers. The company collaborates with 1,500 vendors and serves over 161,000 customers worldwide, generating $48 billion in annual revenue.
New Ingram Micro executive
Sahoo joined the company in 2021 as executive vice president of global technology and chief digital officer. During his tenure, he led the creation of Xvantage. The platform is currently used in 16 countries. It integrates hardware, cloud services, and software to streamline business processes.
“Ingram Micro is evolving into a global platform company, and Sanjib’s leadership has been essential to this transformation,” says CEO Paul Bay. “His expertise will help us further simplify the technology supply chain and improve customer and vendor interactions.”
Xvantage incorporates AI, machine learning, and automation to address challenges in the B2B technology market. Key features include real-time interactions, business insights, cloud subscription management, and a recently launched mobile app.
“Ingram Micro is moving toward a platform-first model,” Sahoo says. “Xvantage allows customers and vendors to work more efficiently and supports the company’s shift from distributor to a technology platform provider.”
Ingram Micro in October filed for an initial public offering (IPO) to raise $400 million by offering 18.6 million shares priced at $20 to $23 each. This values the company at up to $5.42 billion and marks its return to the public markets after nearly a decade. Proceeds will be used to reduce debt and fund AI and digital transformation initiatives.
Its business spans three areas:
- Client and Endpoint Solutions: PCs, laptops, and peripherals.
- Advanced Solutions: Enterprise-grade hardware, networking, and cybersecurity.
- Cloud-Based Solutions: SaaS and IaaS products.
Over the past decade, the company has invested over $2 billion in digital platforms, advanced solutions, and services to support its transition from a traditional distributor to an integrated marketplace.
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