Tech Data Announces Partnership with Keonn to Deliver Cloud-Based RFID Solutions for Retailers

CLEARWATER, Fla., July 18, 2018 /PRNewswire/ -- Tech Data (Nasdaq: TECD) today announced it has formed a strategic partnership with Keonn Technologies, a leading manufacturer of radio frequency identification (RFID) hardware and software products, to deliver inventory systems that can transform retail organizations into the shopping places of the future, complete with full omni-channel capabilities. Hosted on the Microsoft Azure cloud platform, the Keonn Intelligent Inventory Management system provides a comprehensive and easy-to-deploy system to encode, record, monitor and track item-level inventory.

"Using RFID can boost inventory accuracy up into the high nineties, which delivers many benefits for retailers, including stock reductions, sales uplifts, fewer markdowns and reduced stock holding," said Kevin Kennedy, senior vice president, Advanced Solutions, at Tech Data. "We are extremely pleased to partner with Keonn to combine the benefits of RFID with the power of cloud to deliver a complete end-to-end solution for improving consumers' shopping experiences."

The Keonn Intelligent Inventory Management from Tech Data can also be quickly extended into other retail applications, including cloud-based handheld readers, inventory robots and smart displays. The straightforward deployment is available for any size retail organization and is easily scaled, leveraging Azure-based cloud solutions, to support expanded use as retailers increase their businesses.

"Our team is thrilled to expand the distribution and support of our world-class inventory management systems through this partnership," said Ramir De Porrata-Doria, founder and CEO, at Keonn Technologies. "Tech Data, a true leader in the distribution of advanced technologies, can help Keonn leverage our knowledge and experience using the cloud to make complex systems easier to navigate for retailers. That is critical to increasing our success and delivering simplicity to the retail outlets of the future."

For more information, contact your Tech Data sales representative or call [phone].

Click to tweet: .@Tech_Data partners with @Keonntech to deliver cloud-based #RFID solutions for #retailers. Learn more at http://investor.techdata.com/news-releases.

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