GK Software announced today that IHL Group, a global research and advisory firm, positioned GK Software as a leader in innovation, market strength and market share in its latest report, "Retail POS/mPOS Software Market.”
In the IHL Insight Market View Positioning Map, GK Software was recognized in the upper quadrant for POS Software and SaaS in the Total Retail, General Retail and Food, Drug and Convenience segments.
IHL determines company positions on each axis by identifying and evaluating not only market strength and market share, but also growth, direction and resilience, including factors like revenue trends, customer satisfaction, commitment to research and development, and unified commerce capabilities. For both General Retail and Food, Drug and Convenience segments, GK Software earned the highest placement on the growth, direction and resilience axis. IHL Group also ranked the company fourth in worldwide retail POS revenue with $114 million POS revenue in 2017.
“The POS software market is rapidly growing as retailers expand to account for unified commerce,” said Jerry Sheldon, Vice President, IHL Group. “Although many of the worlds best-known vendors are competing for POS market share in the U.S. and globally, GK Software differentiates itself with a robust solution suite designed for the future demands of high-profile retail accounts and an exclusive vendor agreement with SAP. Its market share, focus on innovation and continued revenue growth should position GK Software as a notable market force for years to come.”
GK Softwares point of sale solutions, including Omnichannel POS and Mobile POS, allow retailers to more effectively blend together brick-and-mortar sales with digital commerce. Whats more, GK Software offers a highly flexible deployment, whether offline, on-premises or in the cloud.
“As retail channels become less distinct and consumer demands continue to evolve, retailers need vendor partners that provide robust, scalable and flexible solutions that help them adapt,” said Michael Jaszczyk, CEO, GK Software USA. “At GK Software, were dedicated to creating solutions that go beyond the baseline of omnichannel commerce, and our ranking in IHLs report validates our efforts.”
GK Softwares omnichannel solutions will be on display at NRFs Big Show, on Jan. 13-15 in booth #3267.
Exhibitor Data Sheet