Freelancer Ltd., the operator of online staffing firm Freelancer.com, launched “ArrowPlus powered by Freelancer.com,” a human cloud, electronics and electrical engineering marketplace.

The platform is a collaboration with Arrow Electronics, a Fortune 500 company with 2018 sales of $30 billion.

Freelancer.com stated the marketplace will reduce research and development times “through access to a global network of highly diverse technical skills and reduce cost to market.”

ArrowPlus powered by Freelancer provides Fortune 500 companies and technology creators that design and build hardware products with access to more than 500,000 electronic and electrical engineers. Businesses that need technology help can leverage ArrowPlus powered by Freelancer to find qualified experts, utilize Arrow technology concierge services, and go to market faster and more cost effectively, according to Freelancer.com.

The strategic alliance with Arrow Electronics represents the first launch of Freelancer Enterprise.

Arrow’s existing demand from Fortune 500 and large enterprises across the US, Europe and Asia will be fed into the new platform, Freelancer.com CEO and Chairman Matt Barrie told told Telangana Today. “The engineers will be global, with strong representation across India and Asia,” he said.