TD SYNNEX Elevates StreamOne® with New Commerce and Security Capabilities

Rhea-AI Summary

TD SYNNEX (NYSE: SNX) announces significant enhancements to its StreamOne® global cloud platform, introducing new commerce and security capabilities. The platform now features PSA Connectors and Commerce APIs that enable headless commerce and seamless integration with Professional Services Automation software. Key improvements include real-time IaaS consumption reporting, white-label storefronts, and marketplace syndication capabilities. TD SYNNEX is also piloting a Security Operations (SecOps) solution for Azure security management, with full availability planned for 2025. The platform currently serves over 30,000 partners globally.

Positive

• Platform serves over 30,000 partners globally
• Introduction of new revenue streams through headless commerce capabilities
• Real-time IaaS consumption reporting enables continuous billing
• White-label marketplace solutions reduce deployment and maintenance costs

Negative

• SecOps solution not fully available until 2025
• release of security features to select partners only

Insights

Tech Expert

The StreamOne® platform upgrades represent a significant advancement in TD SYNNEX's cloud services infrastructure. The new commerce APIs and PSA connectors address key operational pain points in cloud management and billing automation. The real-time IaaS consumption reporting and FinOps capabilities will particularly benefit partners by improving cash flow management and cost optimization.

The white-label marketplace functionality and upcoming SecOps solution demonstrate strategic positioning in the growing XaaS market. With 30,000+ partners already using the platform, these enhancements strengthen TD SYNNEX's competitive position in cloud distribution. The integration capabilities with major hyperscalers and PSA tools indicate strong potential for increased partner adoption and revenue growth through improved operational efficiency.

PSA Connectors and Commerce APIs Redefine Cloud Management Experience

FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)-- As part of its commitment to innovation and customer growth, TD SYNNEX (NYSE: SNX) is introducing several new powerful, customer-centric capabilities for StreamOne®, its global cloud platform. These features further solidify StreamOne® as the ultimate destination for Xaas innovation, empowering partners to grow and scale in a rapidly evolving digital landscape.

“StreamOne® is more than just a marketplace – it is where all clouds meet,” said Sergio Farache, Chief Strategy and Technology Officer at TD SYNNEX. “It is a complete platform that includes a marketplace function, and also adds functionality to enable a seamless, end-to-end journey for any user, at any level. By unifying and standardizing all vendor systems into a single, consistent format, we are increasing efficiency and reducing complexity for partners, ultimately empowering them to focus on driving growth through increased digitalization of their business.”

With comprehensive hyperscaler coverage, the new platform capabilities unlock efficiencies and opportunities for partners of all sizes. StreamOne® commerce API enables headless commerce, making it possible to add TD SYNNEX products to partner-built marketplaces and extend ordering and full order management for customers. StreamOne® PSA Connectors easily connect platform data with Professional Services Automation (PSA) software, providing differentiated functionality such as billing reconciliation. StreamOne® provides its users with the ability to integrate best-of-breed tools via its open API architecture, allowing them to scale and automate processes. Additionally, StreamOne® uniquely provides real-time synchronized reporting on infrastructure as a service (IaaS) consumption, enabling partners to bill continuously throughout the month rather than waiting until month-end. The robust IaaS visibility enables unique FinOps capabilities, including detailed consumption reporting and advanced cost optimization tools.

Another key feature offered through the platform are the white-label storefronts which provide partners with a pre-built marketplace to extend the commerce and capabilities of StreamOne® to customers, all under their own brand, and without deployment or maintenance costs.

StreamOne® is also capable of providing marketplace syndication, simplifying procurement processes for hyperscaler catalogs, starting with Microsoft Azure and AppSource SaaS solutions. This feature will be exclusively showcased for the first time at Microsoft Ignite, Nov. 18-21. TD SYNNEX is also piloting Security Operations (SecOps) solution that will provide partners with a more comprehensive view of their SMB customers’ Azure security postures. Currently available as a limited release to select partners, the SecOps functionality will provide an all-in-one view to detect potential threats, standardize deployment of security policies across customers, and recommend products to fill security gaps. Full general availability of the SecOps solution is planned for 2025.

“StreamOne® checks every box as far as being easy to use for both me and my team, increasing our ability to work efficiently,” said Andre Dowding, Managing Partner of Net Intellect and TD SYNNEX customer. “Specifically, being able to see accurate, real-time changes reflected through the new enhanced PSA integration has been tremendously helpful for our business.”

StreamOne® is a fully global platform with new capabilities available instantaneously across all regions and has empowered over 30,000 partners to drive digital transformation. The platform’s ongoing enhancements, including AI-powered tools and expanded security features, are supported by TD SYNNEX's commitment to providing the enablement and programs necessary for partners to thrive in the evolving technology market.

To learn more about the features and capabilities available through StreamOne®, visit the StreamOne Landing Page.

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 2024 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/20241112213300/en/

Emily Moseley

Global Corporate Communications

727-538-5864

Emily.moseley@tdsynnex.com

Source: TD SYNNEX

FAQ

What new features did TD SYNNEX (SNX) add to StreamOne platform?

TD SYNNEX added PSA Connectors, Commerce APIs, real-time IaaS consumption reporting, white-label storefronts, marketplace syndication, and is piloting a SecOps solution for Azure security management.

When will TD SYNNEX's (SNX) StreamOne SecOps solution be fully available?

The StreamOne SecOps solution is planned for full general availability in 2025.

How many partners currently use TD SYNNEX's (SNX) StreamOne platform?

StreamOne platform has empowered over 30,000 partners globally to drive digital transformation.

What are the key commerce features in TD SYNNEX's (SNX) StreamOne update?

Key commerce features include headless commerce through Commerce APIs, PSA Connectors for billing reconciliation, and white-label storefronts for partners.