DGAP-Media / 2020-01-29 / 17:02
_GK Software SE is reinforcing its claim to be the world's leading provider
of software solutions for the retail sector with its cloud4retail platform.
cloud4retail combines what is absolutely essential for a forward-looking
solution in one platform: various cloud options, ranging from private to
hybrid and even multi-tenant, offer flexibility and the highest levels of
performance for innovative retailers. _
GK Software will be demonstrating this enormous flexibility and the
expansion opportunities, which the world's leading cloud platform,
*cloud4retail*, offers in conjunction with artificial intelligence, at the
EuroShop retail trade fair on booth G42 in hall 6. cloud4retail brings
together the leading solutions for large retailers with international
operations through its OmniPOS, Mobile Customer Assistant and AIR
(Artificial Intelligence for Retail) components. cloud4retail provides
essential services like a shopping basket, price calculations or loyalty &
promotions, within its open platform. It is possible to supplement the
overall solution with additional functions directly from the OmniPOS
standard software or as micro-services, which are simple and quick to
implement and can come from a variety of different sources. The open
platform enables retailers to test new concepts very quickly by using
various enhancement opportunities - ranging from APIs to HTML-based app
enablement - without having to change the software core in the process. This
means that innovative solutions for item detection with the help of cameras
or even intelligent shelves can be integrated quickly and tested in
practice, for example. The classic cashier-operated checkout plays less and
less of a role in these scenarios, but all the checkout functions still have
to be made available as a top-quality service. Whether you need a
frictionless store, self-scanning with smartphones or mobile applications on
each possible device - the cloud4retail platform integrates all the touch
points in an all-embracing, end-to-end IT concept.
GK is inviting programmers to a *hackathon* at the EuroShop fair to
demonstrate its product; this will enable users to test how easy it is to
develop new functions on the basis of the cloud4retail platform. One example
of how to quickly introduce new concepts will be a *fashion pop-up store* on
the GK booth; this will demonstrate how innovative concepts can be quickly
handled by open services architecture in order to inspire customers as well
as seamlessly network all the channels and formats.
The issue of *cloud services* is one of the most important items on the
agenda for the retail sector. cloud4retail has already been fully designed
for use in a cloud and SAP is already selling it. GK Software will be
presenting the new cloud services at the EuroShop fair; as a result of them,
it is even possible for very large, international organisations to use the
OmniPOS leading enterprise solution in a cloud. All the options, ranging
from private to hybrid and even a multi-tenant cloud, are feasible here in
order to satisfy what retailers of different sizes require.
Another major issue at the EuroShop fair will be the topic of *artificial
intelligence*. The major focus will be on consistent, individualised
services for all the channels as well as automated, dynamic pricing on the
basis of machine learning. Artificial intelligence forms an integral part of
cloud4retail on the basis of AIR platform (the Artificial Intelligence for
Retail). AIR makes available the tools and additional means for specific
solutions to meet precise retail requirements like dynamic pricing or
personalisation.
GK Software SE will also be presenting the latest version of its *mobile
merchandise management* solution at the EuroShop fair. It provides all the
merchandise management processes in a store directly out of a cloud on an
extremely modern technological basis; this is available as an end-to-end
service, online and offline, on different mobile devices and with a direct
link to the central systems.
Another major topic this year will be the issue of *fiscalisation*. Deutsche
Fiskal, a subsidiary of GK Software, will be presenting its Fiskal Cloud
solution on the GK booth; it enables retailers to meet the challenges of the
German "Kassensicherungsverordnung" (Cash Register Security rules) by using
a low-cost and future-proof cloud solution.
*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 a study published by RBR
2019, 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 1,173 members of staff (figures for 30 September 2019)
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 Parfümerie Douglas, Coop (Switzerland),
EDEKA, Hornbach, Lidl, Migros, Netto Marken-Discount and Tchibo. The
software is currently being used at 304,000 installations across
approximately 56,400 stores in 60 countries. The company has grown rapidly
in recent years and its sales revenues totaled EUR 106.2 million in 2018.
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: http://www.gk-software.com
*Contact:*
GK Software SE
Dr. René Schiller
Tel.: +49 (0)37464-84-264
Fax: +49 (0)37464-84-15
E-Mail: rschiller@gk-software.com
End of Media Release
Issuer: GK Software SE
Key word(s): Events
2020-01-29 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
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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: 963421
End of News DGAP Media
963421 2020-01-29
(END) Dow Jones Newswires
January 29, 2020 11:02 ET (16:02 GMT)
