Recent Study Finds GK Software Defends Top Position in New Worldwide Retail POS Installations
DGAP-News: GK Software SE
/ Key word(s): Study/Market Report
According to RBR's Global POS Software 2020 study, GK Software continued its worldwide growth and confirmed its market position. RBR found that GK Software rolled out more new POS installations in its target retail market (excluding gas stations and hospitality) during this period than any other vendor. The study, which was published October 2020, evaluated the number of new POS installations at retailers with more than 1,000 systems from June 2019 to June 2020. The report analyzes the global point-of-sale installation base of more than 75 vendors in six regions annually. In addition to the top position in new retail installations, GK Software is ranked sixth in the area of total worldwide POS installations (including gas stations and hospitality). Across Europe, GK Software was responsible for more new installations than any other competitor with a total share of 20 percent. The company is also the clear market leader in Central and Eastern Europe, and ranked second across Europe in regards to total installations. As part of its global expansion strategy, GK Software also installed the market-leading POS solution (The Forrester Wave(TM): Point Of Service, Q3 2018) in new regions and continued rollouts for major customers with branches in the USA, Mexico, Columbia, India, and the Asia-Pacific region. RBR is a strategic research and consulting firm with three decades of experience in banking and retail automation, cards, and payments. RBR supports its customers with independent advice and information through reports, consulting, newsletters, and events. About GK Software SE The company employs 1,071 members of staff (figures for 30 September 2020) across its headquarters in Schöneck (Germany) and other business locations in Germany, Czech Republic, Switzerland, South Africa, Russia, Ukraine and the USA. GK Software SE's customers include many well-known retailers from both Germany and beyond, including Edeka, Lidl, Aldi, Coop (Schweiz), Hornbach, Migros, Netto Marken-Discount and Walmart. The software is currently being used at 325,000 installations across approximately 59,800 stores in 63 countries. The company has grown rapidly in recent years and its sales revenues totaled EUR 115.4 million in 2019. Since launching the company in 1990, the two founders Rainer Gläß (CEO) and Stephan Kronmüller (deputy board member), together with the experienced management team, have shaped GK Software into a profitable company exhibiting strong growth. Further information about the company: https://www.gk-software.com Contact
30.11.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | GK Software SE |
Waldstraße 7 | |
08261 Schöneck | |
Germany | |
Phone: | +49 (0)3 74 64 84 - 0 |
Fax: | +49 (0)3 74 64 84 - 15 |
E-mail: | info@gk-software.com |
Internet: | www.gk-software.com |
ISIN: | DE0007571424 |
WKN: | 757142 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1151558 |
End of News | DGAP News Service |
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1151558 30.11.2020