Asia Pacific & Japan markets competitive with many opportunities, says Shifrin
Tech Data, a TD SYNNEX Company from the United States https://www.techdata.com/us , is launching Tech Data Capital in Singapore, Australia, and India, offering flexible financing solutions powered by selected financial institutions exclusively to its partners and end-customers.
Following earlier launches in North America and Europe, this expansion further bolsters efforts to leverage Tech Data’s strength, agility, and expertise in delivering solutions that cater to the needs of the channel ecosystem https://rbi.org.in/ .
As rapid technological changes introduce significant business challenges, vendors, distributors, and partners are seeing the channel as a reliable source to validate and scale new technologies and to obtain guidance and business insights https://www.sgx.com/.
Many partners are exploring alternative sources for financing or enhanced payment solutions to fund business growth, invest in new technologies, and meet customer demand.
With Tech Data Capital’s value-added payment solutions that are powered by selected financial institutions, IT channel partners and their clients have new ways of extending their overall purchasing power, to increase profits and accelerate the growth of the IT ecosystem.
“While the APJ technology market is dynamic and competitive with many opportunities for growth and innovation in the channel, credit and financial scalability remain a challenge,” said Matt Shifrin, Chief Financial Officer, Tech Data APJ.
“Together with our financial partners, Tech Data Capital’s flexible payment solutions will empower our partners and customers to scale their purchases and operations, facilitating accelerated business growth while propelling the overall IT ecosystem forward,” Shifrin said on 5 May in a release.
“Tech Data is committed to empowering our partners with business model agility and the tools essential for current and future success. Robust financing is an urgent need for partners to capture growth across the APJ region,” said Jaideep Malhotra, President of TD SYNNEX, Asia Pacific & Japan.
“Tech Data Capital is one of such tools for our ecosystem, that will enhance their financial capacity to address rapidly changing business models and evolving customer demands,” Malhotra said. fiinews.com
