Top 10 Retail POS Solution Companies - 2016

Top 10 Retail POS Solution Companies - 2016

E-commerce and online retail have long become the norms of shopping, and it is not too surprising to see retailers seeking a much-needed dose of technology to capture the millennial crowd. With the millennial generation expected to become the nation’s largest consumer buying group by the next decade, generating an estimated $1.4 trillion in spending by 2020, technology providers are gearing up with software platforms and systems aiming to retrofit the retail Point of Sale (POS) terminals.

With the power of big data, advanced analytics, and face detection, POS personnel can get a customer’s complete shopping history, customized preferences, and other intricate details so as to enhance the overall consumer experience. Reliable cloud-based retail platforms have replaced the legacy counter machines to monitor and control the end-to-end value chain, from inventory management to customer checkout. Technologies such as smart price tagging that can change prices dynamically, augmented reality aided trial rooms, and packaging techniques that track and alert shop owners about the end-of-life of perishable goods have also begun to surface the retail arena.

In an effort to facilitate the shift towards automated retail paradigms, a panel of prominent CEOs, CIOs, VCs, analysts, along with the Retail CIO Outlook editorial board has assessed scores of retail POS solution providers and picked out a list of prime choices.

We have considered the vendor’s ability in designing and building advanced POS solutions that cater to the retail needs, at the same time adding to its functional and productive flair. We present to you Retail CIO Outlook’s Top 10 Retail POS Solution Providers 2016.

Top Retail POS Solution Companies

Helps retail and hospitality businesses succeed through innovative point of sale systems

An innovator of secure solutions for the payments industry

Provides an easy-to-use, feature-rich POS solution that enables retailers to optimize business processes and increase profitability worldwide

Customer Engagement Tools for Data Driven Decisions in the retail POS space through a comprehensive platform

Provider of omni-channel solutions to build a cohesive retail ecosystem

A provider of audit, tax, and consulting services focused on the middle market

Award-winning POS provider to quick service restaurants and pizzerias and provider of managed, PCI compliant cyber-security solutions, with threat remediation and PCI simplification

Offers complete POS and inventory solutions that streamline customer checkout and inventory operations

Toast provides a cloud based POS system built specifically for restaurants

Connecting payment devices to the cloud for improved and advanced engagement between merchants and consumers