--- title: iasset.com | Blog | Nick Verykios description: Nick Verykios has been involved with the IT industry for more than 30 years and has successfully blended entrepreneurial ventures with a career spanning marketing, product development, sales, executive/general management and director’s duties. As the multi award winning and Industry Hall of Fame inductee, as the CEO of Distribution Central, he steered growth from a start-up business in 2004 to exceed $700 million in revenue in FY 2019, post-acquisition and integration of Arrow Inc.’s ANZ assets. This tremendous growth cemented Arrow ECS ANZ as one of the largest and most profitable IT&T distributors in the ANZ & APAC regions. Nick managed the successful sale of Distribution Central to Arrow Electronics, Inc. Prior to this, in 1994 Nick founded the IT distributor, 1World Systems Pty Ltd and later, co-directed LAN Systems Pty Ltd, both highly profitable ventures, sold to international IT companies. Both companies were considered to be at the forefront of IT distribution and service procurement with their unique business models further deployed in international companies spanning more than twenty countries. LAN Systems was transformed from a $4m distributor into a highly profitable $160m services organisation in just over five years. --- [![mix](https://www.iasset.com/hubfs/mix.svg) ![mix-1](https://www.iasset.com/hubfs/mix-1.svg) ](https://www.iasset.com) - Platform - [Platform Overview](https://www.iasset.com/platform) - [How it Works](https://www.iasset.com/platform/how-it-works) - [Integrations](https://www.iasset.com/integrations) - [Products Quoted](https://www.iasset.com/hardware-software-quoted-through-iasset.com) - [Book a Demo](https://www.iasset.com/book-a-demo) - Solutions for - [IT Vendors](https://www.iasset.com/vendors) - [IT Distributors](https://www.iasset.com/distributors) - [IT Resellers + MSPs](https://www.iasset.com/service-providers-vars) - [Methodology](https://www.iasset.com/lips-strategy) - [Resources](https://www.iasset.com/blog) - [Case Studies](https://www.iasset.com/blog?type=case+study) - [Guides](https://www.iasset.com/blog?type=ebook) - [Videos](https://www.iasset.com/blog?type=video) - [Blogs and Articles](https://www.iasset.com/blog?type=blog) - [FAQs](https://www.iasset.com/channel-revenue-automation-faq) - [Our Company](https://www.iasset.com/about-us) [![Chat to us](https://no-cache.hubspot.com/cta/default/538985/f70b3f34-d06a-4687-bc8f-d9fce275c316.png)](https://cta-redirect.hubspot.com/cta/redirect/538985/f70b3f34-d06a-4687-bc8f-d9fce275c316) [![mix](https://www.iasset.com/hubfs/mix.svg) ![mix-1](https://www.iasset.com/hubfs/mix-1.svg) ](https://www.iasset.com) - Platform - [Platform Overview](https://www.iasset.com/platform) - [How it Works](https://www.iasset.com/platform/how-it-works) - [Integrations](https://www.iasset.com/integrations) - [Products Quoted](https://www.iasset.com/hardware-software-quoted-through-iasset.com) - [Book a Demo](https://www.iasset.com/book-a-demo) - Solutions for - [IT Vendors](https://www.iasset.com/vendors) - [IT Distributors](https://www.iasset.com/distributors) - [IT Resellers + MSPs](https://www.iasset.com/service-providers-vars) - [Methodology](https://www.iasset.com/lips-strategy) - [Resources](https://www.iasset.com/blog) - [Case Studies](https://www.iasset.com/blog?type=case+study) - [Guides](https://www.iasset.com/blog?type=ebook) - [Videos](https://www.iasset.com/blog?type=video) - [Blogs and Articles](https://www.iasset.com/blog?type=blog) - [FAQs](https://www.iasset.com/channel-revenue-automation-faq) - [Our Company](https://www.iasset.com/about-us) [![Chat to us](https://no-cache.hubspot.com/cta/default/538985/f70b3f34-d06a-4687-bc8f-d9fce275c316.png)](https://cta-redirect.hubspot.com/cta/redirect/538985/f70b3f34-d06a-4687-bc8f-d9fce275c316) [![](https://www.iasset.com/hubfs/Scott%20Frew%20-%20what%20is%20iasset.png) Video ](https://www.iasset.com/blog/iasset-explained-by-scott-frew) ## What is iasset.com? Our CEO Scott Frew provides a quick overview of iasset.com and how it helps address some of the challenges faced by... [Read more](https://www.iasset.com/blog/iasset-explained-by-scott-frew) [![](https://www.iasset.com/hubfs/InGRID-agentic.png) News ](https://www.iasset.com/blog/iassets-ingrid-offers-agentic-ai-driven-installed-base-intelligence) ## iasset's InGRID now offers agentic AI driven installed base intelligence iasset has expanded its AI capabilities through its collaboration with Atlastix - specialists in AI agents and digital workforce... 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