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Tech Data Announces Global Availability of TDCloud

CLEARWATER, Fla., June 17, 2015 (GLOBE NEWSWIRE) -- Tech Data Corporation (Nasdaq:TECD) today announced that it has further advanced its cloud strategy with the official global launch of TDCloud, powered by StreamOne™, the company's end-to-end provisioning, billing, and marketing engine providing scale and operational scope to solution providers. The award-winning Tech Data Cloud Solutions Store will now be available to partners in Canada, France and the UK, and will be introduced across Europe in a phased introduction over the coming weeks. The Tech Data Cloud Solutions Store is part of TDCloud, a dedicated business within the company that provides education, enablement and assistance with transitioning to cloud- and subscription-based models.

Through the Tech Data Cloud Solutions Store, solution providers and managed service providers (MSPs) can administer and control the entire cloud services delivery process in an app store-like environment. Everything from initial assessment and quoting to the provisioning and ongoing management of Infrastructure-as-a-Service (IaaS) and Software-as- a-Service (SaaS) from trusted technology providers can be done quickly, efficiently and cost-effectively in one place.

"As we complete the phased rollout of the Tech Data Cloud Solutions Store, our partners in Europe will have simplified access to the very best cloud services from trusted providers, enabling them to manage business processes and billing smoothly," said Michael Urban, senior vice president, Broadline, CE, Services & Procurement, Tech Data Europe. "Tech Data can help our partners reinvent their businesses in the cloud era and, with StreamOne, provide the essential business processes to facilitate that transformation. Our experienced cloud and managed services consultants within our new Europe-wide cloud business unit will provide the professional expertise and support that enable both broadline and enterprise-focused resellers to feel confident offering cloud-based services to their customers."

"We are extremely excited to also be launching the Tech Data Cloud Solutions Store in Canada," said Sukh Randhawa, vice president, Business Operations, Tech Data Canada, whose responsibilities include expanding Tech Data Canada's cloud practice through consultation and enablement of service providers and channel partners. "It will help Canadian solution providers and vendor partners integrate and transition to cloud, opening up new revenue and profit streams for our reseller partners."

The Tech Data Cloud Solutions Store is highly scalable and can be used to manage multiple revenue models and billing cycles, including pre-pay subscriptions, licensing and renewals, and consumption-based usage. As part of its focus on constantly expanding the capabilities available to partners, Tech Data recently added full support for Microsoft's Cloud Solution Provider program through the Solutions Store, making it easier for solution providers and MSPs to offer, provision, manage and support Microsoft cloud products and services such as Office 365 and Azure.

"The Tech Data Cloud Solutions Store and our global StreamOne platform were developed and built exclusively by Tech Data with a focus on creating an innovative experience of the highest quality for our channel partners," said Stacy Nethercoat, vice president, Product Marketing, TDCloud. "With the power of our StreamOne platform, solution providers and MSPs can expect the industry's highest service levels, streamlined access to all the right vendors, and easy-to-use capabilities in a single, fully integrated platform. We will continue to make significant investments in the platform's technical capabilities so solution providers can leverage our ecosystem without having to make those large investments themselves."

About Tech Data

Tech Data Corporation is one of the world's largest wholesale 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 $27.7 billion in net sales for the fiscal year ended January 31, 2015. It is ranked No. 107 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.

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

Source:Tech Data Corporation