With more than 45 years in the AV industry, Randy Klein has played a significant role in driving growth and profit in the global enterprise and residential technology channels. Thirty-one of those years were spent at Crestron Electronics as president and CEO until 2021. Under Klein’s leadership, Crestron shaped the AV industry.
Klein will now apply his knowledge and experience to Xyte’s business strategy by supporting the company in its pursuit to allow device manufacturers to cloudify their devices, enhance support for customers and channels, and introduce new subscription-based business models.
Xyte’s Connected Device Management Platform (CDMP) provides a single suite of tools to turn products into services, quickly go to market with as-a-Service offerings and transact recurring revenue at scale.
With Klein’s guidance and support, the company aims to lead the way for hardware manufacturers and system integrators in their transition to the Hardware-as-a-Service business model by integrating with Xyte’s plug-and-play platform.
As Klein explained: “I have always been driven by one simple goal – to make a difference in our industry. The world we live in today has changed. We use subscription models throughout our daily lives. Our industry is no exception.
“I am so thrilled to join Xyte. It is the future of our industry and has intelligently engineered a platform to adopt the Hardware-as-a-Service concept and ‘cloudify’ connected devices.”
Xyte was founded by CEO Omer Brookstein and CTO Boris Dinkevich in 2020 to provide the AV industry with an integrated solution to manage, service and commercialise connected devices – all in one place via the cloud.
Commenting on Klein’s appointment, Brookstein said: “We welcome Klein and his industry insight at this time of rapid growth for Xyte. By providing manufacturers with a platform to offer end-users a more financially stable way to buy and refresh technology, we will start to see innovations develop faster.
“Klein steered Crestron through the move from analogue to digital and many periods of rapid change and innovation in his three decades with the company, so we’re pleased to have his support as we navigate the same seismic change with our partners.”
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