KUALA LUMPUR, Nov 25 -- Retail Pro International announced that its Retail Pro® ranked in IHL’s latest Retail Executive Advisory Program Research Study as number one retail mid-market POS in market share, global reach, innovation and growth.
Retail Pro® is a cross-platform, cross-channel POS and retail management software.
“The study considers primary and secondary source data to evaluate and rank on-premise and SaaS POS for retailers with chains ranging from one to 100 locations – representing over nine million POS locations installed POS units worldwide,” said IHL Group vice-president, Jerry Sheldon.
In this hyper-competitive context, Retail Pro holds 5.9 per cent market share in the midmarket slice for general retail and also ranks as a top performer in IHL’s positioning map which measures vendors by innovation and market strength dimensions.
As retail in emerging markets continues to expand and enterprise retailers are rearchitecting systems for unified commerce, IHL projects the POS software market will grow 53 per cent from US$3.2 billion last year to US$4.9 billion in 2023, implying further growth opportunity for top POS providers. (US$1 = RM4.18)
Retail Pro International chief executive officer, Kerry Lemos said: “We thrive in the highly creative and demanding environments in all major markets worldwide. Striving together with our loyal customers drives us to keep honing our technology to be more efficient, more innovative and more adaptable to the diverse retail brands using Retail Pro worldwide.”
-- BERNAMA
No comments:
Post a Comment