PRESS RELEASE : 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 
Recent Study Finds GK Software Defends Top Position in New Worldwide Retail 
POS Installations 
 
2020-11-30 / 16:23 
The issuer is solely responsible for the content of this announcement. 
 
· The leading provider of retail software continues to expand its global 
market presence over the past year 
 
According to RBR's Global POS Software 2020 study [1], 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 [2]) 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* 
GK Software SE is a leading developer and provider of standard software for 
the retail sector, and currently counts 22 percent of the world's 50 largest 
retailers among its customer base. According to RBR Research, the Company is 
one of the leading international providers of POS software and is the 
second-fastest growing business in the industry in terms of the number of 
installations worldwide. The company offers an extensive range of solutions 
for stores and enterprise headquarters as well as for the implementation of 
contemporary omni-channel retail concepts. Thanks to its open and 
platform-independent software solutions in the GK/Retail Suite, the company 
has established itself as one of the market's leading providers of 
technology and innovations. Its solutions enable retail chains with numerous 
stores to optimize their business processes and to benefit from significant 
potential for saving costs and implementing customer loyalty programs in 
order to improve their competitiveness. In addition to its own software 
solutions, GK Software SE also offers customers a comprehensive range of 
implementation and maintenance services. Having been acquired in 2013, AWEK 
GmbH and in 2015, the retail segment of DBS Data Business Systems Inc. In 
2017, the company acquired a majority shareholding in prudsys AG, a company 
focused on artificial intelligence. In 2018, the valuephone GmbH was 
acquired, which develops leading solutions for mobile consumers. 
 
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* 
Investor Relations 
GK Software SE 
Dr. René Schiller 
Phone: [phone] 
Fax: [phone] 
E-mail: [e-mail] 
 
2020-11-30 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
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Archive at www.dgap.de 
Language:    English 
Company:     GK Software SE 
             Waldstraße 7 
             08261 Schöneck 
             Germany 
Phone:       [phone] - 0 
Fax:         [phone] - 15 
E-mail:      [e-mail] 
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 
 
1151558 2020-11-30 
 
 
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(END) Dow Jones Newswires

November 30, 2020 10:23 ET (15:23 GMT)