Traditional POS Meets Its Final Days

— June 03, 2014

One-third of retailers are deploying or planning to deploy the last traditional POS system, which lends the question: What is the future of POS in an omnichannel world? RIS News' latest custom research, "Your Last Traditional POS", quantifies how much can be gained or lost by becoming fully omnichannel, as well as how much IT budget is devoted to omnichannel projects and how long the journey will take. common in-store execution flubs are explored and possible solutions revealed.
 
Today's POS conducts billions of dollars in transactions every day, serves shoppers and retailers reliably, and sends data to dozens of enterprise applications in near-real time or, at the very least, every night. So why would retailers want to change an IT system so rock-solid and central to the financial health of their businesses? The quick answer is that a majority of retailers don't want to make a change – 53.8% tell us "it is too early to tell" if they plan to shift away from their current POS model. Another group (12.8%) is more definitive about their opinion and say they have no plans to even consider such a shift.
 

comments powered by Disqus

RATE THIS CONTENT (5 Being the Best)

12345
Current rating: 4 (1 ratings)

MOST READ STORIES

ReportsMore >

Prime-Time Printers: The Peripheral To Watch

11/3/2014
In VSR’s 2014 Printer Handbook, we sit down with six of the industry’s most influential printer manufacturers to discover the hottest trends in printing. At a time when hardware is suffering from increasingly diminished margins, the newest printers hit the ground running, with compelling features and functionality designed to do way more than just print receipts. How has the lowly printer made its way up the POS food chain, and how can you take a bite out of this product’s peripheral pie? Download Now >

VSR EVENTS

2015 Business Optimization Summit West

topicsMore >