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NCR Announces Strong Fourth Quarter Results

Stocks in this article: NCR

In the Hospitality vertical, NCR recently launched several new advanced hospitality solutions including its P1230 and P1530 POS terminals that deliver more processing power, higher reliability and ease-of-use in an energy-efficient and award-winning design. The new 30 series is available in multiple screen sizes and offers flexible mounting options and a small footprint that fits the unique needs of hospitality operations. NCR also introduced NCR Mobile Pay, a new solutions that enables restaurant patrons with a smartphone to browse their bill, re-order menu items and alert their servers. NCR Mobile Pay is designed for restaurants that use NCR Aloha POS technology, enabling cloud-based credit card processing on mobile devices. In the theater category, NCR launched NCR Movie Time, a new smartphone application that enables consumers to browse schedules, buy tickets and concessions, check loyalty profiles and conduct other theater-related mobile activities. NCR Movie Time can be utilized specifically for individual cinemas brands, enabling theater operators to maximize valuable marketing opportunities and build consumer loyalty.

In addition, NCR secured multiple deployments of its venue management platform. NCR Venue Manager provides operators with real-time sales information from all of its point-of-sale (POS) devices and retail outlets, enabling staff to plan, manage and run events more effectively, increase customer satisfaction and enhance operational visibility. NCR is implementing this solution at Hunter Stadium, Newcastle, following an agreement with Gema Group. NCR Venue Manager will provide the 33,000-capacity Newcastle Stadium with real-time sales and stock information from each of the 90 NCR POS terminals located throughout the venue's food and beverage outlets.

NCR also reached an agreement with VenuesWest, a Western Australia-based provider of premier sports, recreation and entertainment venues, to implement its venue management solution at Perth Arena. NCR's solution was chosen for its ability to streamline operations, increase speed of service and help deliver a world-class entertainment experience. The partnership includes the installation of 65 NCR touchscreen POS terminals installed through Perth Arena's general concession locations and VIP zones to ensure fast sales transactions. In addition, The University of Wisconsin-Madison is installing NCR Venue Manager at four of its athletic facilities to drive revenues and increase the efficiency of its concessions and suite catering operations.

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