TD SYNNEX Strengthens Digital Platform Leadership with Addition of Tanuj Raja

Rhea-AI Summary

TD SYNNEX (NYSE: SNX) has appointed Tanuj Raja as Senior Vice President of North America Hyperscaler and Marketplace. Raja, formerly from Google, brings expertise in marketplace strategies and digital transformation. The company reports significant growth in its digital platforms, with over 8,000 North American resellers using their StreamOne platform for cloud transactions. The platform has seen its catalog triple in size over the past year, and third-party software sales through private offers have increased by 500% year-over-year from 2023 to 2024. More than 500 resellers have integrated StreamOne with primary PSA platforms like ConnectWise and Autotask.

Positive

• 500% year-over-year increase in third-party software sales through private offers
• Growing user base with 8,000+ North American resellers using StreamOne platform
• StreamOne Marketplace catalog expanded threefold in the last year
• Over 500 resellers have integrated StreamOne with primary PSA platforms

Negative

• None.

Raja Appointed Senior Vice President of Hyperscaler and Marketplace in North America

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)-- TD SYNNEX (NYSE: SNX) announced today the appointment of industry veteran Tanuj Raja as Senior Vice President, North America Hyperscaler and Marketplace. Raja joins TD SYNNEX from Google and brings a wealth of expertise in marketplace strategies, digital transformation, and Telecom and Edge ecosystems.

“We are thrilled to welcome Tanuj to TD SYNNEX and to help our partners capitalize on digital opportunities in new ways,” said Reyna Thompson, Incoming North America President at TD SYNNEX. “At TD SYNNEX, we empower our partners to scale across diverse customer segments by providing comprehensive enablement resources that drive cloud adoption and acceleration. Tanuj’s deep understanding of emerging technology solutions will significantly enhance our ability to deliver innovative go-to-market options to the channel.”

In 2024, TD SYNNEX has seen rapid adoption of digital platforms and new digital routes-to-market among its thousands of cloud resellers and MSPs in North America. The company now has more than 8,000 North American resellers transacting cloud consumption and SaaS sales through their StreamOne platform, with over 500 of those having integrated StreamOne with their primary PSA platforms, such as ConnectWise and Autotask. The StreamOne Marketplace catalog has expanded threefold in the last year, featuring a diverse array of solutions from established vendors to emerging startups collaborating with TD SYNNEX to enhance their channel reach. TD SYNNEX continues to invest its digital capabilities and is preparing to announce several new powerful, customer-centric capabilities for its global cloud platform that will empower partners to grow and scale in a rapidly evolving digital landscape.

“I’m tremendously excited to join TD SYNNEX and work directly with partners to better leverage hyperscaler and marketplace features to increase their business and better serve their end-users,” said Raja. “TD SYNNEX is uniquely positioned to help partners understand and capture the opportunities available.”

Raja most recently served as Global Director, Strategic Partnerships for Google, after also serving as Global Head of Cloud Commerce and Global Head of Android Enterprise Partnerships. He has also served as a Board Advisor or Board Member to cloud-based organizations including Identity Digital, Metrics.ca, Metaswitch Networks and others.

StreamOne is integrated with AWS, Azure, and Google Cloud Marketplace for fulfillment through Private Offer. Notably, third-party software sales through these private offers have increased by over 500% year-to-year from 2023 to 2024. TD SYNNEX also offers SaaS expand syndication features which simplify onboarding in the TD SYNNEX platforms, optimize go-to-market investments, and accelerate speed to market by leveraging strategic hyperscaler relationships and an extensive partner ecosystem. Reselling partners benefit from simplified procurement and full access to all Marketplace Listings through the comprehensive StreamOne platform.

TD SYNNEX partner and CEO of Abacus Group Anthony D’Ambrosi shared his thoughts on the impacts of TD SYNNEX resources on their business. "We are aligning with TD SYNNEX across an array of our strategic initiatives, from solutions aggregation and digital Bridge-enabled sourcing to next generation service offering development. The breadth and depth of their capabilities, and intimate partnership with us, are an integral part of our global growth agenda."

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/20241107705188/en/

Emily Moseley

Global Corporate Communications

727-538-5864

Emily.moseley@tdsynnex.com

Source: TD SYNNEX

FAQ

What is TD SYNNEX's (SNX) StreamOne platform adoption rate in North America?

TD SYNNEX has over 8,000 North American resellers transacting cloud consumption and SaaS sales through their StreamOne platform, with more than 500 having integrated it with primary PSA platforms.

How much has TD SYNNEX's (SNX) third-party software sales grown from 2023 to 2024?

TD SYNNEX's third-party software sales through private offers have increased by over 500% year-over-year from 2023 to 2024.

Who did TD SYNNEX (SNX) appoint as SVP of Hyperscaler and Marketplace in 2024?

TD SYNNEX appointed Tanuj Raja, former Global Director of Strategic Partnerships at Google, as Senior Vice President of North America Hyperscaler and Marketplace.