TD SYNNEX AI Programs Reach New Milestones to Support Channel Partner Readiness for Copilot for Microsoft 365

Rhea-AI Summary

TD SYNNEX (NYSE: SNX) has recently reached a significant milestone with over 2,000 partners engaged in the Enablement Journey for Copilot for Microsoft 365. This program has also been expanded to be available to cloud solution providers, with over 500 individuals certified in the TD SYNNEX program. The industry's enthusiasm for developing expertise in generative AI is evident, as shown by the recent milestones and the expansion of Copilot for Microsoft 365, which offers enhanced user productivity and creativity across popular Microsoft apps with enterprise-grade security and responsible AI.

Insights

Market Research Analyst

The announcement by TD SYNNEX about surpassing 2,000 partners in its Enablement Journey for Copilot for Microsoft 365 signifies a growing trend in the adoption of generative AI within enterprise solutions. From a market perspective, this adoption rate is an indicator of the potential increase in demand for AI-integrated productivity tools. As businesses seek to enhance efficiency and creativity, tools like Copilot for Microsoft 365 could become integral to enterprise ecosystems, potentially leading to increased revenue streams for providers like TD SYNNEX.

Moreover, the certification of over 500 individuals in the TD SYNNEX program reflects a commitment to education and expertise in the field of AI, which could translate into higher-quality service and support for end-users. This investment in human capital is an essential component of sustaining long-term growth and maintaining a competitive edge in the rapidly evolving tech landscape.

Financial Analyst

TD SYNNEX's engagement with over 2,000 partners on its Enablement Journey may have positive implications for the company's financial performance. By expanding the availability of Copilot for Microsoft 365 to cloud solution providers, TD SYNNEX is tapping into a broader market, which could lead to an increase in sales and, consequently, revenue. This expansion reflects a strategic move to capitalize on the burgeoning AI market, which is poised for significant growth.

Investors should note that the adoption of Copilot by a large number of partners could signal future revenue growth. However, it is also essential to consider the costs associated with scaling up these operations and the potential impact on profit margins. The long-term financial benefits will depend on the company's ability to manage these costs effectively while maximizing sales growth.

Technology Analyst

The integration of generative AI into widely used Microsoft applications through Copilot for Microsoft 365 represents a significant technological advancement in the realm of enterprise software. The emphasis on enterprise-grade security, privacy, compliance and responsible AI is particularly noteworthy, as it addresses key concerns businesses have about adopting AI technologies.

By ensuring that all data processing happens within a Microsoft 365 tenant, TD SYNNEX is reinforcing its commitment to data protection, which is a critical factor for enterprises. The ability to maintain high standards of security while providing advanced AI capabilities could give TD SYNNEX a competitive advantage in the market. As generative AI continues to evolve, the company's early investment in this technology and its focus on security could set a precedent for industry standards.

More than 2,000 partners have engaged in the TD SYNNEX Enablement Journey, as Microsoft expands Copilot for Microsoft 365 availability for Cloud Solution Providers

FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)-- TD SYNNEX (NYSE: SNX) recently surpassed the milestone of more than 2,000 partners engaged in its Enablement Journey for Copilot for Microsoft 365, which has now been expanded to be available to cloud solution providers. In addition, more than 500 individuals have received certification in the TD SYNNEX program.

These recent milestones demonstrate industry eagerness to develop expertise and resources that will help partners capitalize on the transformative opportunity behind generative AI, fueled by industry accomplishments like the Copilot availability expansion announced yesterday. Copilot for Microsoft 365 unlocks user productivity and unleashes creativity across widely used Microsoft apps including Word, Excel, PowerPoint, Outlook, and Teams. It also includes enterprise-grade security, privacy, compliance, and responsible AI to ensure all data processing happens inside a Microsoft 365 tenant.

"We're ecstatic about the overwhelming interest in our Enablement Journey for Copilot thus far and the forthcoming availability in CSP that will enable more businesses and end-users to access this transformative tool," said Reza Honarmand, Global Senior Vice President, Cloud, TD SYNNEX. "As Microsoft extends Copilot availability to all partners, TD SYNNEX is proud to lead AI transformation in the channel. Our Enablement Journey is providing not only deep technical and operational expertise to partners but also guidance for embracing an organizational culture shift that redefines efficiency and productivity."

The TD SYNNEX Enablement Journey lays a foundation for a seamless transition, offering partners the support they need to help their customers achieve the promise of enhanced collaboration, streamlined processes, and unparalleled productivity gains. TD SYNNEX and Microsoft's collaboration intensifies as Copilot for Microsoft 365 becomes available across the channel and promises innovations that will reshape how partners and their customers approach work in the digital landscape.

“We are thrilled to be expanding our availability of Copilot for Microsoft 365 to Cloud Service Providers and we commend TD SYNNEX’s dedication to empowering partners to leverage this transformational technology across a wider audience than ever before,” said David Smith, Vice President, Worldwide Channel Sales, Microsoft. “Together, Microsoft and TD SYNNEX are helping businesses harness the power of AI, reshaping how work gets done in the digital age.”

Mark Phillips, Chief Commercial Officer of Wavenet, a rapidly growing UK-based Microsoft MSP and TD SYNNEX partner has begun exploring Copilot capabilities. “Clearly the potential is extremely significant but customers need help in working out where to start and how to execute in ways that have a material commercial impact, it is our intention to invest strongly in this area. The enablement resources from TD SYNNEX support this effort, and we are already working on a number of AI related initiatives focused on preparation for Microsoft 365 Copilot.”

Customers who are interested in learning more about the TD SYNNEX Enablement Journey for Copilot for Microsoft 365 can contact their local TD SYNNEX Microsoft Cloud Specialist or visit regional landing pages for Asia, Europe, Latin America and the Caribbean, and North America.

About TD SYNNEX

TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We’re an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX’s 23,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 2,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, AI, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.TDSYNNEX.com or follow us on LinkedIn, Facebook and Instagram.

Safe Harbor Statement

Statements in this news release that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward-looking statements contained in this release.

Copyright 2023 TD SYNNEX Corporation. All rights reserved. TD SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company, product and services names and slogans are trademarks of TD SYNNEX Corporation. Other names and trademarks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240116073977/en/

Emily Moseley

Global Corporate Communications

727-538-5864

Emily.moseley@tdsynnex.com

Source: TD SYNNEX

FAQ

How many partners are engaged in the TD SYNNEX Enablement Journey for Copilot for Microsoft 365?

More than 2,000 partners are engaged in the TD SYNNEX Enablement Journey for Copilot for Microsoft 365.

What is the ticker symbol for TD SYNNEX?

The ticker symbol for TD SYNNEX is SNX.

What does Copilot for Microsoft 365 offer?

Copilot for Microsoft 365 unlocks user productivity and creativity across widely used Microsoft apps with enhanced security, privacy, compliance, and responsible AI.

How many individuals are certified in the TD SYNNEX program?

More than 500 individuals are certified in the TD SYNNEX program.

What does the expansion of Copilot for Microsoft 365 mean for cloud solution providers?

The program has been expanded to be available to cloud solution providers, providing them with the opportunity to develop expertise in generative AI and capitalize on transformative opportunities.

What are the benefits of Copilot for Microsoft 365?

Copilot for Microsoft 365 offers enhanced user productivity and creativity across popular Microsoft apps with enterprise-grade security, privacy, compliance, and responsible AI.

What industry accomplishments are driving the industry's eagerness to develop expertise in generative AI?

Industry accomplishments like the expansion of Copilot for Microsoft 365, which offers enhanced user productivity and creativity across popular Microsoft apps with enterprise-grade security and responsible AI, are driving the industry's eagerness to develop expertise in generative AI.