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Tech Data Ranked Among Top 100 Cloud Service Providers by Talkin' Cloud

CLEARWATER, Fla., Oct. 10, 2014 (GLOBE NEWSWIRE) -- Tech Data Corporation (Nasdaq:TECD) has been ranked No. 21 in the Talkin' Cloud 100. The fourth annual list, published by Penton's Technology Group, ranks the world's Top 100 cloud service providers (CSPs), aggregators, and brokers based on recurring cloud revenues, survey results from cloud companies, and other metrics. This year's Top 100 CSPs generated more than $23.4 billion in combined cloud services revenues in 2013, up 48% year over year. The full report is available now by visiting http://www.talkincloud.com/tc100.

"We are honored and proud to be recognized among the world's Top 100 CSPs," said Stacy Nethercoat, vice president, Product Marketing, TDCloud at Tech Data. "Our ranking on the Talkin' Cloud 100 reinforces TDCloud's commitment to enabling our partners' growth in the cloud and is a testament to the dedication of our team of cloud experts. As cloud computing continues to be a strategic focus for Tech Data, we remain committed to the success of our channel partners."

The Talkin' Cloud 100 report is based on data from Talkin' Cloud's online survey, conducted January through May 2014. The Talkin' Cloud 100 report recognizes top cloud service providers based on such metrics as annual cloud services revenue growth (both in actual dollars and in percentage growth rates).

"Penton and Talkin' Cloud congratulate Tech Data," said Charlene O'Hanlon, Senior Executive Editor and Executive Managing Editor of Talkin' Cloud. "The Talkin' Cloud 100 represents those companies leading the way in the cloud space at a critical point in the maturation of the market."

Recently, Tech Data's TDCloud business unit introduced a new cloud-focused education and enablement program. Offered as part of TDCloud Academy, the program offers customized education tracks for solution providers focused on launching, expanding, and maximizing cloud businesses. Additionally, Tech Data has further invested in TDCloud by appointing dedicated executive leadership, adding new sales, reseller enablement, field marketing, and operations resources to the team.

Tech Data's TDCloud business unit is a team of cloud experts dedicated to supporting its channel of solution providers through education, enablement, and adoption of cloud and subscription-based services. TDCloud is powered by Tech Data's StreamOne platform, an automated buying, selling, provisioning and billing system for cloud and subscription-based services technology that scales business and operational scope. To learn more about TDCloud, contact the TDCloud team at (800) 237-8931, ext. 87663, email tdcloud@techdata.com, or visit the TDCloud website.

The full 2014 Talkin' Cloud 100 report is available at: http://www.talkincloud.com/tc100. Talkin' Cloud, the first online media destination for channel partners working in the cloud, is the go-to resource for CSPs, VARs and MSPs profiting from cloud computing. Talkin' Cloud features a daily blog, research, Channel Expert Hour Webcasts and FastChat videos.

About Tech Data

Tech Data Corporation is one of the world's largest distributors of technology products, services and solutions. Its advanced logistics capabilities and value added services enable 115,000 resellers to efficiently and cost effectively support the diverse technology needs of end users in more than 100 countries. Tech Data generated $26.8 billion in net sales for the fiscal year ended January 31, 2014. It is ranked No. 111 on the Fortune 500® and one of Fortune's "World's Most Admired Companies." To learn more, visit www.techdata.com, or follow us on Facebook and Twitter.

About Penton's channel brands

Penton's channel brands (www.penton.com), define emerging IT markets and disrupt established IT markets. The brands' channel-centric online communities include MSPmentor (www.MSPmentor.net), The VAR Guy (www.TheVARguy.com) and Talkin' Cloud (www.TalkinCloud.com).

About Penton

For millions of business owners and decision-makers, Penton makes the difference every day. We engage our professional users by providing actionable ideas and insights, data and workflow tools, community and networking, both in person and virtually, all with deep relevance to their specific industries. We then activate this engagement by connecting users with tens of thousands of targeted providers of products and services to help drive business growth. Learn more about our company at www.penton.com.

Penton is a privately held company owned by MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP. For additional information on the company and its businesses, visit www.penton.com.

CONTACT: MEDIA CONTACT Amanda Lee Public Relations Manager (727) 538-5803 amanda.lee@techdata.com

Source:Tech Data Corporation