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

CLEARWATER, Fla., Aug. 27, 2015 (GLOBE NEWSWIRE) -- Tech Data Corporation (NASDAQ:TECD) announced it has ranked No. 24 in the Talkin' Cloud 100. The fifth annual list, published by Penton's Technology Group, profiles the world's Top 100 cloud service providers (CSPs), aggregators, and brokers, as well as managed service providers (MSPs) and value-added resellers (VARs) with cloud expertise, based on recurring cloud revenues, survey results from cloud companies, and other metrics. The Top 100 CSPs generated more than $30 billion in combined cloud services revenues in 2014, up nearly 29 percent over what they reported the previous year. The full report is available now by visiting http://www.talkincloud.com/tc100.

"For the second consecutive year, we are proud to earn a top spot on the annual Talkin' Cloud 100 report," said John Tonnison, executive vice president, Cloud Computing and chief information officer at Tech Data. "The unique cloud value proposition we provide our partners is engineered to perform—delivering business transformation, scalability and optimized performance. Through Tech Data Cloud, we will continue to be a strategic partner for navigating the cloud and developing a sustainable business model for all of our partners' cloud offerings."

The Talkin' Cloud 100 report is based on data from Talkin' Cloud's online survey, conducted January through May 2015. 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) and input from Penton Technology's Channel editors.

"On behalf of Penton and Talkin' Cloud, I would like to congratulate Tech Data for its recognition as a Talkin' Cloud 100 honoree," said Nicole Henderson, Editor in Chief, Talkin' Cloud. "The industry is changing at a rapid pace and the Talkin' Cloud 100 companies consistently demonstrate an agility and flexibility that sets them apart. They do so with innovation, via strategic partnerships, and through their commitment to providing superior customer experiences."

Through Tech Data Cloud, the company provides resellers with the full capabilities to capitalize on cloud opportunities in the marketplace, including the tools to navigate and transform their businesses. The company offers education, marketing, business planning, demand creation, sales training and services offerings to enable partners to successfully sell cloud products and solutions. The company's dedicated cloud sales teams guide and assist reseller partners to master the new computing and selling era.

StreamOne, which powers Tech Data Cloud, inaugurates reseller partners to cloud configuration, quoting, selling, provisioning, billing and management platform. StreamOne provides a single pane-of-glass for the reseller to manage all of the cloud services they deliver to their customer. Additionally, because StreamOne is proprietary to Tech Data, the company is now able to offer the platform in various white label and service components so partners can present or include in their own systems and business capabilities.

To learn more about TDCloud, please visit techdata.com/TDCloud.

The full 2015 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 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.

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), Talkin' Cloud (www.TalkinCloud.com) and the WHIR (http://www.thewhir.com).

About Penton

Penton drives performance for more than eighteen million professionals each and every day. They rely on us to deliver: Insights, information, data & workflow tools to inform critical business decisions; networking & community to engage them with industry peers & partners; and marketing services to advance their business performance & deliver ROI.

Penton is a growth company with a track-record of strong performance and success and is backed by its co-owners: 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