TT Electronics prepares to accelerate IoT business growth with new VP appointment

TT Electronics, a global provider of engineered electronics for performance critical applications, has announced the immediate appointment of Steve Carr to the role of VP of Sales and Marketing for the company’s IoT Solutions business unit (formerly Stadium Group). IoT Solutions offers design and manufacturing capabilities in wireless connectivity, power supplies  and human machine interface (HMI) technologies, as well as electronics assembly services, with skilled teams operating in the UK, Sweden and China.

This new position has been created to spearhead business opportunities and to drive future growth for TT in the fast-paced global internet of things (IoT) market, which is forecast to reach $745 billion in 2019 and surpass the $1 trillion mark by 2022, according to market intelligence firm IDC.

Steve joins TT with a highly relevant portfolio of industry experience in the electronics, IoT and power sectors. Most recently he was Global Head of Marketing at electronics distribution specialist Premier Farnell, focused on artificial intelligence (AI), machine learning and neural networks for IoT, and was a member of the IoT Council at Farnell. During his three years at Premier Farnell, Steve was also VP of the Technology Product Group, responsible for the design and manufacturing organisation, and for marketing new technologies across multiple geographies including in China and North America, with a strong orientation towards IoT. He also worked with the Raspberry Pi Foundation and BBC micro:bit to launch these highly popular single board computers, and established a programme to build early stage design development kits for industrial IoT solutions.

Steve’s former roles in electronics distribution include five years as VP Engineering and Vertical Markets EMEA at Future Electronics, and a 10-year period as Managing Director at Acal Technology.

For the past two years, Steve has also been a partner and mentor at Startupbootcamp IoT, an acceleration programme designed to make the journey of building a connected hardware start-up clearer, shorter, and more successful for entrepreneurs.

Charlie Peppiatt, EVP IoT Solutions, commented: “Steve’s deep experience and understanding of the IoT sector, both at a commercial and technology level, plus his strong leadership skills, will be invaluable in driving and achieving our strategic goals for growth, with the aim of positioning TT as a prevalent player in IoT. We extend him a very warm welcome to our management team.”