This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
TheStreet Open House

Tech Data Supports Cloud Adoption With New TDCloud Business Unit

Stocks in this article: TECD

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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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