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TD SYNNEX CORPORATION

(SNX)
  Report
Real-time Estimate Cboe BZX  -  02:50:30 2023-02-01 pm EST
103.33 USD   +1.16%
01/31TD SYNNEX JOINS WITH CHORUS TO STRENGTHEN MANAGED SECURITY SERVICES OFFERING IN UK; Enables partners to offer advanced MXDR service, based on Microsoft Sentinel, without the need for significant upfront investments
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01/30Td Synnex Corp : Other Events, Financial Statements and Exhibits (form 8-K)
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01/30TD SYNNEX Announces Closing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase
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TD SYNNEX ADDS ONSITE WARRANTY TO OPENMPS MANAGED PRINT SERVICE

12/01/2022 | 07:41am EST

- Remote monitoring for faults as well as when replacement ink or toner needed

- All leading brands covered and installation & configuration services available

- New dashboard shows when devices are approaching end of life

Basingstoke -TD SYNNEX (NYSE: SNX) has added an onsite warranty option with full monitoring of devices to its successful OpenMPS managed print service. When combined with the existing installation and configuration services, partners have a complete end to end service proposition they can take to their customers.

In addition, as well as a full view of the status of all their customers' devices, an updated dashboard for OpenMPS now provides partners with advanced information on when printers or multi-function devices are nearing end of life and need to be upgraded or replaced. This gives partners an additional way to add value and engage customers.

With the move to hybrid working and the skills shortage, the onsite warranty option adds a significant new dimension to the service, said Peter Lunn, UK technical lead for OpenMPS at TD SYNNEX. "With the extended warranty and monitoring added into OpenMSP, partners can take a complete managed services proposition to their customers. They can provide active monitoring and cover for device faults and failures, as well as automated replenishment of ink and toner.

"With the option of installation services available as well, they can now offer a complete, end to end managed print service. It's simple to understand and sell, and ideal for partners that want to offer a managed option without investing in their own dedicated service and capability."

The OpenMPS Data Collection Agent (DCA) client software, which is installed on the customer's system to provide monitoring, will detect faults and alert TD SYNNEX's warranty services provider, allowing the latter to quickly identify and respond to any issues with no touch or intervention needed from the reseller's side.

This is particularly important now that many customers are embracing hybrid working, Lunn added. "Home workers can't call the IT department and ask them to come over and look at their printer. But if it's important to your work, you want to know that you can get the device up and running again quickly in the event of a break-down. With IT skills in short supply, this is an option that is also going to appeal to any organisation that wants to take the burden off their internal IT team."

The OpenMPS warranty and monitoring services can be applied to both new and existing devices, allowing partners to put forward proposals for a customer's entire printer and MFD estate. They are available on all popular makes of print device, including HP, Epson, Canon and Xerox as well as other well-known manufacturers.

Picture: Peter Lunn, TD SYNNEX.

--- ENDS ---

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' 22,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 1,500+ 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, 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, Twitter, Facebook and Instagram.

For further information contact:

Linda Patterson

Group Marketing Director

Tech Data UK

Tel: 01256 864611

Mob: 07801 925345

Email: linda.patterson@tdsynnex.com

Neville Street

Channelstar Media

T: 01743 246917

M: 07967 717259

E: nev@channelstar.co.uk

.

(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2023 64 561 M - -
Net income 2023 811 M - -
Net Debt 2023 2 688 M - -
P/E ratio 2023 11,7x
Yield 2023 1,37%
Capitalization 9 665 M 9 665 M -
EV / Sales 2023 0,19x
EV / Sales 2024 0,17x
Nbr of Employees 23 500
Free-Float 84,8%
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Number of Analysts 10
Last Close Price 102,15 $
Average target price 129,50 $
Spread / Average Target 26,8%
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Managers and Directors
Richard T. Hume President, Chief Executive Officer & Director
Marshall W. Witt Chief Financial Officer
Dennis J. Polk Executive Chairman
Bo Li Senior Vice President-Information Technology
Bonnie K. Smith Chief Information Officer
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