GK Software SE, DE0007571424

GK Software SE, DE0007571424

13.09.2018 - 12:24:43

SAP Omnichannel POS by GK rated as the leading solution in the Forrester Wave for Point of Service solutions

13 September 2018 | Schöneck

SAP Omnichannel POS by GK Named Strongest Current Offering in the Forrester Wave for Point of Service Solutions

- GK Software provides SAP with exclusive omnichannel POS solution identified as a market 'leader'

GK Software announced today that Forrester Research, a leading global research and advisory firm, rated SAP Omnichannel POS by GK as a "leader" in its latest report, "The Forrester Wave: Point of Service, Q3 2018." The report ranked SAP as the POS provider with the strongest current offering. The report also noted that SAP has the strongest overall presence in the market with a perfect 5.00 in this category, which includes installed base, implementation scale and geographic deployment.

GK Software, which offers its own suite of branded omnichannel solutions worldwide, is the exclusive omnichannel POS provider for SAP. The report found that the Omnichannel POS by GK delivers a compelling omnichannel retail capability and highlights client references stating that "the POS team is well structured and delivers functional well-tested software." GK Software's Omnichannel POS is an integrated piece of SAP's Omnichannel suite for retail, and it allows providers to more effectively blend together brick-and-mortar sales with digital commerce. Combined with SAP's Omnichannel Customer Experience tools, it provides a coherent and personalized experience for consumers and retailers alike.

Forrester emphasizes that leading POS vendors excel at exploiting "...new capabilities to provide both mobility and secure distribution of enterprise data and logic for resilient offline trading." SAP Omnichannel POS by GK contributes to this experience as an important component of the SAP Commerce Cloud. The entire solution enables retailers to optimize their IT landscape while offering consumers a consistent and uncomplicated shopping experience in every channel and at every touchpoint.

"With the increasingly complex network of shopping channels available to consumers, retailers are finding robust omnichannel solutions to be an essential part of their sustained growth potential," said Michael Jaszczyk, CEO, GK Software USA. " Forrester's recognition of GK Software solutions sold by SAP validates the strength of GK's product suite and value of its service offerings."

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. 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. In 2013, GK Software acquired Awek GmbH and, in 2015, the retail segment of DBS Data Business Systems Inc. More recently, in 2017, the company acquired a majority shareholding in prudsys AG, a company focused on artificial intelligence for retail, and finally in 2018, valuephone GmbH was acquired, which develops leading solutions for mobile consumers.

The company employs 1,147 members of staff (figures for 30 June 2018) 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 Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA, Hornbach, JYSK Nordic, Lidl, Loblaw, Migros, Netto Marken-Discount and Tchibo. The software is currently being used at 279,000 installations across approximately 46,000 stores in 50 countries. The company has grown rapidly in recent years and its sales revenues totaled EUR 90.5 million in 2017. 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

Investor Relations GK Software SE Dr. René Schiller Phone: +49 (0)37464-84-264 Fax: +49 (0)37464-84-15 E-mail: rschiller@gk-software.com

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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   End of News DGAP News Service

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