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Tech Data Announces European Distribution Agreement with Worldsensing for Smart City Solution


Distributor strengthens smart city offering with specialist Internet of Things-based solution for intelligent parking

Barcelona, 13 July 2017:

Tech Data Corporation (Nasdaq: TECD) today announced a European distribution agreement with Worldsensing, a recognised specialist in wireless technology and smart software solutions. Through the agreement, Tech Data will offer FastPrk, an Internet of Things (IoT)-based smart parking management system through its Smart IoT Solutions business practice, which offers validated, end-to-end solutions for systems integrators and service providers, enabling them to identify and drive new revenue opportunities.

FastPrk is an intelligent parking management system that allows cities and operators to manage parking resources more efficiently and parking operators to generate additional revenue. The wireless system uses smart sensors installed in parking spaces, enabling parking operators to direct drivers to areas with vacancies via electronic panels and mobile applications. Fastprk also enables cities and operators to gain control over parking utilization, while implementing better strategies on monetization of parking in line with demand.

“As our cities continue to grow rapidly, there is an increasing need to invest in smart technology to become more efficient, better connected and more environmentally friendly. For example, helping drivers find parking spots quickly reduces traffic and lowers carbon dioxide emissions with less fuel wasted,” said Victor Paradell, vice president, Tech Data Smart IoT & Analytics, EMEA. "Our agreement with a global IoT pioneer in smart cities and wireless infrastructure sensor networks like Worldsensing adds a game-changing component to our portfolio, allowing our partners provide connected operational intelligence solutions to their clients.”

Ignasi Vilajosana, CEO and co-founder of Worldsensing, said: "Welcoming Tech Data as a strategic partner is a great step forward for us and a huge milestone for our commercial expansion. We are looking forward to working closely with the Tech Data team and enriching our sales process with their experience and know-how."

For more information on Worldsensing solutions through Tech Data’s Smart IoT Solutions business practice in Europe, contact iot@techdata.eu.


About Tech Data

Tech Data Corporation is one of the world's largest wholesale distributors of technology products, services and solutions. Its advanced logistics capabilities and value-added services enable 115,000 resellers to efficiently and cost-effectively support the diverse technology needs of end users in more than 100 countries. Tech Data generated $26.2 billion in net sales for the fiscal year ended January 31, 2017. It is ranked No. 107 on the Fortune 500® and one of Fortune's "World's Most Admired Companies." To learn more, visit www.techdata.com, or follow us on Facebook and Twitter.


About Worldsensing

Worldsensing provides customers with the tools to make the right operational decisions based on real-time intelligence. Their insights enable operators to understand the performance of distributed infrastructure, make predictions and improve efficiency in more than 50 countries across 5 continents, reinventing the world we will live and work in tomorrow. Worldsensing uses wireless sensor technology and real-time software solutions to provide operational intelligence to operators and decision makers.


For further information contact:

George Troughton
Communications Manager
Tech Data Europe
george.troughton@techdata.eu

0034 932970222

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