TD SYNNEX SNX, a leading partner of Microsoft MSFT, has continued to make strides in the tech space. The company recently launched the Global AI Enablement Journey for Microsoft 365 Copilot and has successfully added over 2,000 new partners to the program. This milestone is a testament to the company’s commitment to fostering innovation and supporting its channel partners.
In its efforts to democratize AI support, TD SYNNEX integrated Microsoft 365 Copilot into its Destination AI program. This initiative was designed to provide AI-based assistance, training, and guidance to SNX’s channel partners, empowering them to deliver superior solutions to their customers across a spectrum of Microsoft tools and security offerings.
The company now extends its Global AI Enablement program to include cloud solution providers, marking a significant expansion in its reach. Notably, over 500 individuals have earned certification through the TD SYNNEX program, further enhancing the capabilities and expertise of its partners to drive superior teamwork, productivity, and workflows for their clients.
TD SYNNEX’s Impact in the AI Space
Amid the rapid adoption of generative AI technologies worldwide, TD SYNNEX’s achievements in the Global AI Enablement Journey stand out as a pivotal development. With Gartner predicting that 90% of companies will utilize generative AI for support within the next few years, TD SYNNEX’s strategic expansion positions the company at the vanguard of the AI revolution, propelling small and medium businesses to new heights in the digital era.
As a solution aggregator, TD SYNNEX is well-aligned to harness the advantages of its robust vendor portfolio in the AI market. The company has cultivated partnerships with industry-leading providers in both on and off-premises infrastructure, essential for AI model training and deployment.
Furthermore, with several software vendors incorporating embedded AI capabilities into their product lines, TD SYNNEX is strategically positioned to capitalize on this trend. The company is also actively seeking to strengthen its alliances with Personal Computer Original Equipment Manufacturers to introduce AI-enabled PCs in the market.
An Analytical Perspective
As of now, both TD SYNNEX and Microsoft are rated as Zacks Rank #3 (Hold). While shares of SNX have seen a 3.9% decline over the past year, MSFT has exhibited strong growth, with shares rising by 65.5% during the same period.
Promising Technology Stocks
In addition to TD SYNNEX and Microsoft, other notable players in the technology sector are Apple AAPL and BlackLine BL, each holding a Zacks Rank #1 (Strong Buy) at present. Apple’s stock has seen a commendable 35.8% growth in the past year, while BlackLine’s Zacks Consensus Estimate for its fourth-quarter 2023 earnings has shown upward movement, reflecting positive sentiment in the market.
