This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Tech Data Supports Cloud Adoption With New TDCloud Business Unit

CLEARWATER, Fla., Sept. 6, 2012 (GLOBE NEWSWIRE) -- Tech Data Corporation (Nasdaq:TECD) today announced the launch of its TDCloud business unit, a team of cloud experts dedicated to supporting Tech Data's channel of over 60,000 resellers in the United States through education, enablement, and adoption of cloud and subscription-based services. Launched a year ago, TDCloud has evolved into a dedicated business unit under the leadership of 17-year Tech Data veteran Stacy Nethercoat, whose new title of Vice President, Software and Cloud Services, encompasses her increased scope of responsibility. TDCloud is powered by Tech Data's StreamOne platform, an automated technology that scales the business and operational scope associated with cloud and subscription services.

"TDCloud makes Tech Data truly unique in delivering distribution value and scale," said Nethercoat. "By using cutting-edge technology, resellers are unburdened from major IT or business process changes, allowing a clearer focus on Cloud adoption and sale. We are excited about the opportunities that TDCloud present and we are confident that we have the right leadership in place to guide our resellers into the Cloud."

The TDCloud business unit will be led by Bharath Natarajan, who was recently appointed to Director, TDCloud and Software Services. Prior to joining Tech Data in 2006, he spent several years leading business and IT strategies in the healthcare, retail, software and value-add distribution verticals. Most recently, he served in a global IT role within Tech Data where he executed worldwide business strategies, including the development of the Company's StreamOne platform, specifically designed to address and draw cloud, hosted, and subscription models into the distribution channel. Natarajan will report to Nethercoat.

"I am excited to lead the next phase of Tech Data's comprehensive cloud computing strategy for the distribution channel," said Natarajan. "Over the last 18 months, Cloud computing and its adoption have matured to encompass the end user community. In anticipation of this, Tech Data has laid firm groundwork for a scalable, practical and value-added distribution channel for Cloud vendors and reseller partners alike. With the successful completion of the foundational phase of platform deployment, TDCloud's focus now shifts entirely to Cloud adoption and sales execution within the channel to deliver value for our resellers."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,203.37 -85.26 -0.47%
S&P 500 2,107.78 -9.61 -0.45%
NASDAQ 4,979.9010 -28.1950 -0.56%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs