The story for Tech Data (TECD) is a combination of shifting technology, margin compression, European growth, and the future of technological distribution. The days of old where technological distributors played a big role in helping to distribute servers, but as the market shifts to cloud computing the company is seeing its growth coming from lower margin products like mobile phones, tablets, and software for cloud servicing.
Tech Data is mainly a wholesale distributor of technology products in the Americas, Europe, the Middle East, and Africa. The company distributes servers, mobile phones/tablets, security products, hardware, and logistic management services. Additionally, the company works with cloud companies to provide software. The company's business works in that it...
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