Matterport Partners with Technology Distributor TD SYNNEX to Integrate 3D Digital Twin Platform Across Network of 150,000 Resellers
19 August 2022 - 6:05AM
Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company
driving the digital transformation of the built world, today
announced that it is expanding its presence in the North American
market, joining forces with TD SYNNEX (NYSE: SNX) as a key
distributor of Matterport solutions. TD SYNNEX has a large reseller
network of 150,000 that service industries including the technology
sector, government agencies, and more. These resellers and their
sales teams will now offer Matterport’s industry leading technology
to their customers to help deliver the value of digital twins to
their business. The partnership with TD SYNNEX marks a significant
opportunity for Matterport to reach more large enterprises as the
company continues to drive adoption of the technology across
industries including commercial and residential real estate,
facilities management, construction, and the retail sector.
TD SYNNEX is a leading distributor and IT solution aggregator
headquartered in Clearwater, Florida, and Fremont, California with
a workforce of 22,000 supporting over 150,000 customers. With this
partnership, Matterport joins more than 1,500 best-in-class
technology vendors in TD SYNNEX’s portfolio which focus on
high-growth technology segments including cloud, cybersecurity, big
data and analytics, IoT, mobility, and everything-as-a-service.
“The demand for 3D digital twins continues to surge, and more
and more companies have come to understand the power digital twins
bring when optimizing operations, fostering remote collaboration,
all while having the potential to drive down their business costs,”
said Scott C. Barker, Senior Vice President, Print Solutions, TD
SYNNEX. “We’re thrilled to bring Matterport to our customers to
serve this surging demand.”
There are nearly 1 billion physical spaces ready to be digitized
in the United States, making it one of the largest property markets
in the world. Working with TD SYNNEX as its distribution partner in
the region, Matterport will reach a vast customer base of new
enterprise and SMB customers along with agencies in the public
sector. Matterport’s market-leading spatial data platform
transforms any physical space into a dimensionally accurate and
photorealistic digital twin, providing unparalleled data insights
needed to manage and optimize spaces more effectively.
“Joining the TD SYNNEX network is a tremendous opportunity to
put Matterport in front of these larger businesses,” said Jay
Remley, Chief Revenue Officer, Matterport. “We’re seeing strong
adoption of Matterport technology across verticals and business
segments from SMB to Enterprise. What’s even more interesting is
the compelling data they are sharing with us. A single customer in
the retail sector was able to increase employee productivity by 200
percent while reducing travel costs by 30 percent and departmental
paper and ink costs by 95 percent. Through this partnership with TD
SYNNEX, their extensive network of resellers is equipped to offer
Matterport's platform to their marketplace and all the benefits it
can bring to their global customers.”
To learn more about Matterport for enterprise or connect with
the sales team, visit matterport.com/enterprise
About MatterportMatterport, Inc. (Nasdaq: MTTR)
is leading the digital transformation of the built world. Our
groundbreaking spatial data platform turns buildings into data to
make nearly every space more valuable and accessible. Millions of
buildings in more than 177 countries have been transformed into
immersive Matterport digital twins to improve every part of the
building lifecycle from planning, construction, and operations to
documentation, appraisal and marketing. Learn more at
Matterport.com and visit our Discover page to browse a collection
of digital twins captured by our customers
©2022 Matterport, Inc. All rights reserved. Matterport is a
registered trademark and the Matterport logo is a trademark of
Matterport, Inc. All other marks are the property of their
respective owners.
Media Contact:press@matterport.com
Investor Contact: Soohwan Kim, CFAVP, Investor
Relationsir@matterport.com
Forward-Looking Statements
This document contains certain forward-looking statements within
the meaning of the federal securities laws, including statements
regarding the benefits of the business combination, the services
offered by Matterport, Inc. (“Matterport”) and the markets in which
Matterport operates, business strategies, debt levels, industry
environment, potential growth opportunities, the effects of
regulations and Matterport’s projected future results. These
forward-looking statements generally are identified by the words
“believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,”
“strategy,” “future,” “forecast,” “opportunity,” “plan,” “may,”
“should,” “will,” “would,” “will be,” “will continue,” “will likely
result,” and similar expressions (including the negative versions
of such words or expressions).
Forward-looking statements are predictions, projections and
other statements about future events that are based on current
expectations and assumptions and, as a result, are subject to risks
and uncertainties. Many factors could cause actual future events to
differ materially from the forward-looking statements in this
document, including the expected benefits of Matterport’s
partnerships with TD SYNNEX, and Matterport’s ability to implement
business plans, forecasts, and other expectations in the industry
in which Matterport competes, and identify and realize additional
opportunities. The foregoing list of factors is not exhaustive. You
should carefully consider the foregoing factors and the other risks
and uncertainties described in documents filed by Matterport from
time to time with the U.S. Securities and Exchange Commission (the
“SEC”). These filings identify and address other important risks
and uncertainties that could cause actual events and results to
differ materially from those contained in the forward looking
statements. Forward-looking statements speak only as of the date
they are made. Readers are cautioned not to put undue reliance on
forward-looking statements, and Matterport assumes no obligation
and, except as required by law, does not intend to update or revise
these forward-looking statements, whether as a result of new
information, future events, or otherwise. Matterport does not give
any assurance that it will achieve its expectations.
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