LS Retail Named One Of The 15 Largest Point Of Sale Software Suppliers In The World
LS Retail is among the top fifteen point of sale (POS) software vendors in the world per number of POS installations, according to research and consulting firm RBR’s annual “Global POS Software” report. LS Retail accounts for one in 20 new point of sale installations.
RBR provides global research and consulting services. They have three decades of experience in banking and retail technology, cards, and payments.
The Global POS Software 2022 report is based on analysis of projects with at least 1,000 POS software installations globally. The study covers more than 2,350 projects. The report analyzed over 120 suppliers across 48 country markets, looking at sectors within retail and hospitality including grocery, apparel, electronics, DIY, department stores, hotels, and restaurants.
The report found that new POS software deployments increased in the year between June 2021 and June 2022, with nearly 390,000 new installations taking place in those twelve months. The study also found that many large-scale grocery and convenience retailers are moving to a different POS supplier to expand the availability and range of in-store touchpoints.
“Operators in retail and hospitality need innovative technology that keeps them ahead of consumer demands,” says Kristjan Johannsson, Chief Commercial Officer at LS Retail. “LS Retail solutions are successful for three main reasons: they are built around deep industry knowledge and deliver specialized functionality. They are SaaS solutions, keeping businesses always up to date and on the latest version. And they can support retailers’ needs globally: we currently have customers in over 150 countries, and the number just keeps on growing.”
By LS Retail
POS System For Ferry Liners And Cruise Boats Time is of the essence in retail, and nowhere as much as in the travel sector. Every time a new contingent of passengers comes onto your vessel, you want t…February 13, 2023
Kitchen Display System (KDS): Why Your Restaurant Kitchen Needs It How do you run your kitchen operation today? If you’re still using handwritten paper notes or printed tickets to process orders, th…December 8, 2022
How To Give Holiday Shoppers The Most Satisfying E-Commerce Experience Even if more consumers will venture to stores this holiday season compared to last year, online purchases are still expected to m…
NaviWorld Australia is a leading provider of end-to-end integrated and flexible business management solutions for mid-sized companies in Australia and the surrounding region. With offerings tailored to various industries, from Distribution to Retail, Services to Manufacturing, NaviWorld brings a portfolio of globally successful, fully integrated technology-driven business solutions to our valued customers.