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NCR Ranked #1 In Retail Self-Checkout Technology And Gaining Share According To Leading Consulting Firm

Stocks in this article: NCR

Please replace the release dated June 13, 2013 with the following corrected version due to multiple revisions.

The corrected release reads:

NCR RANKED #1 IN RETAIL SELF-CHECKOUT TECHNOLOGY AND GAINING SHARE ACCORDING TO LEADING CONSULTING FIRM

NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, is the world’s largest supplier of retail self-checkout (SCO) technology, according to new research published by strategic research and consulting firm RBR.

RBR’s “Global EPOS and Self-Checkout 2013” report shows that 2012 was another record year for SCO shipments. According to RBR, NCR is the leader in SCO shipments with a total of 70 percent share, an increase of six percent in 2012. The nearest competitor had a 13.5 percent share, and the research found that NCR had more than double the number of SCO shipments of all other competitors combined.

The 53-country study is based on in-depth primary research with retail technology vendors around the world, complemented with extensive secondary research.

The report notes that North America remained the strongest market for SCO technology shipments, with about 11,000 units delivered, accounting for 41 percent of the world market. Asia-Pacific saw the greatest percentage growth in SCO technology shipments, up 9 percent year-over-year as adoption of the technology continues accelerating in that market.

“The demand for NCR’s self-checkout solution continues to grow as shoppers and retailers seek technology solutions that enable exceptional consumer experiences,” said Scott Kingsfield, senior vice president and general manager, NCR Retail. “NCR is leading the way with our innovative technology solutions and portfolio of services that make everyday easier for retailers of all sizes and their customers.”

RBR’s report also noted that NCR is gaining share in the global market for retail electronic point-of-sale (EPOS) technology. The global technology company is number two in the EPOS technology rankings.

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