CLEARWATER, Fla., Sept. 19, 2012 (GLOBE NEWSWIRE) -- Tech Data Corporation (Nasdaq:TECD), today announced that it ranked No. 40 on this year's InformationWeek 500, a list of the top information technology innovators in the United States. The annual list was revealed at an awards ceremony at the InformationWeek 500 Conference on September 11 at the St. Regis Monarch Beach Resort in Dana Point, CA. Tech Data's selection to the InformationWeek 500 marks the third straight year that the company has been ranked in the top 100 on the list.
Tech Data was recognized for the introduction of its StreamOneTM Solutions Store in January 2012. The StreamOne Solutions Store is a revolutionary marketing, selling, provisioning and billing platform that changes the way business solutions are bought and sold by allowing cloud providers, software vendors and independent software vendors (ISVs) a route to the VAR channel with access to thousands of Tech Data reseller partners.
"Tech Data is proud to again be honored among the country's most innovative organizations," said Bob Dutkowsky, chief executive officer, Tech Data Corporation. "Tech Data's selection to the InformationWeek 500 for the third straight year reflects both our continued commitment to innovation and the success of our StreamOne platform. StreamOne represents one of the largest e-business tool investments in our company's history and has helped set the new standard for the IT channel in making software and cloud services more accessible, personalized and affordable. As we expand and enhance our cloud offerings, we look forward to continuing to provide our reseller customers and vendor partners with the innovative solutions they need to profitably grow their businesses."
Combined with StreamOne's Software License Selector, which guides resellers through a few easy steps to ensure they are purchasing the solution they need, the StreamOne Solution Store gives resellers the opportunity to offer their customers niche products and cloud services from Tech Data, receive one invoice for their end users, and benefit from instant product or service delivery – often cutting delivery from days to minutes. Tech Data's introduction of the StreamOne Software License Selector earned the company a no. 92 ranking on the 2011 InformationWeek 500.
"The InformationWeek 500 has recognized the most innovative users of business technology for 24 years, and this year's innovations were particularly impressive," said InformationWeek Editor In Chief Rob Preston. "What the editors looked for are unconventional approaches—new technologies, new models, new ways of grabbing business opportunities and solving complex business problems with IT."
InformationWeek identifies and honors the nation's most innovative users of information technology with its annual 500 listing, and also tracks the technology, strategies, investments, and administrative practices of America's best-known companies. The InformationWeek 500 rankings are unique among corporate rankings as it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders.
Additional details on the InformationWeek 500 can be found online at www.informationweek.com/iw500/.
About Tech Data
Tech Data Corporation is one of the world's largest wholesale distributors of technology products. Its advanced logistics capabilities and value added services enable 125,000 resellers in more than 100 countries to efficiently and cost effectively support the diverse technology needs of end users. Tech Data generated $26.5 billion in net sales for the fiscal year ended January 31, 2012, and is ranked 109th on the Fortune 500®. To learn more, visit www.techdata.com.
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The InformationWeek Business Technology Network provides IT executives with unique analysis and tools that parallel their work flow—from defining and framing objectives through to the evaluation and recommendation of solutions. Anchored by InformationWeek, the multimedia powerhouse that looks across the enterprise, the network scales across the most critical technology categories with online properties such as DarkReading.com (security), NetworkComputing.com (networking and communications) and BYTE (consumer technology). The network also provides focused content for key IT targets, such as CIOs, developers and SMBs via InformationWeek Global CIO, Dr. Dobb's and InformationWeek SMB, as well as vital vertical industries with InformationWeek Financial Services, Government, and Healthcare sites. Content is at the nucleus of our information distribution strategy—IT professionals turn to our experts and communities to stay informed, get advice and research technologies to make strategic business decisions.