Distributor Tech Data Europe has strengthened its Smartforce IoT Solutions offering with technology for the smart retail, logistics and asset management sectors, following a Europe-wide distribution agreement with Keonn, manufacturer of radio frequency identification (RFID) hardware and software products.
Victor Paradell, vice president, Tech Data Smart IoT & Analytics, EMEA, said: "Tech Data's Smart IoT Solutions practice is focused on developing solutions that cut through the perceived complexity of IoT and enable our channel partners to access and grow with this fast-emerging and transformational market opportunity.
"In the retail sector alone, analysts are predicting that IoT solutions could be worth up to $1.16 trillion by 2025."
Ramir De Porrata-Doria, founder and CEO of Keonn, added: "We speak with customers across different industries every day, and many organisations - in particular in retail - are currently developing their digitisation journey to transform their businesses."