NCR is a Leading SaaS Provider in Retail According to IHL
ATLANTA, January 4, 2020 – NCR Corporation (NYSE: NCR), a leading provider of retail solutions that run the store, is among the top providers of Worldwide Unified Commerce SaaS and Software and SaaS for the retail industry according to the Unified Commerce Market Research Report conducted by the IHL Retail Executive Advisory Program (REAP). The IHL rankings highlight NCR’s exceptional industry accomplishments in the face of an increasingly competitive market.
“2020 presented many challenges for retailers, and NCR is committed to help as many of these businesses adapt to a digital-first approach,” said David Wilkinson, president and general manager of NCR’s Retail division. “Today’s retailer needs technology that provides capabilities that run the store from end to end, and is available as a predictable, recurring subscription model rather than at a steep upfront cost. Our ranking by IHL illustrates the strides NCR has made to enhance the cloud offering of our Next Generation Retail Store platform and support retailers in all facets of their business."
In this year’s report, IHL identified NCR as a leader based on market strength, evaluated amongst others through global reach and innovation, on growth, direction and resilience as well as market share. These factors suggest NCR is well aligned with the state of commerce moving forward and well positioned to meet a broad range of needs.
The IHL REAP Unified Commerce Study represents the overall worldwide retail and hospitality Software and Software-as-a-Service market. The study is based on primary and secondary data sources with the purpose to provide the retail community with a detailed overview of the retail technology landscape.
“Unifying disparate systems and ensuring a single version of the truth for buy, fulfill and return processes, a focus of Unified Commerce, has been a key area of heightened concern for retail and hospitality providers over the last several months,” explained Jerry Sheldon, IHL analyst and lead author of the report. “With Covid as an accelerant, this will no doubt continue. Retailer’s previous and ongoing commitment to upgrading and unifying systems has been a lifeline to ensure business continuity. NCR’s performance in our rankings highlights their ongoing commitment and investment, helping customers effectively meet these many challenges.”
According to IHL, those vendors that have invested in cloud-based solutions were likely much more adaptable to changing business requirements. Those vendors that have invested in the technologies necessary to support these rapidly evolving changes are key cogs in the global economic recovery.
For more information and to access the full report, visit https://www.ihlservices.com/product/unifiedcommerce/
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading software- and services-led enterprise provider in the financial, retail and hospitality industries. NCR is headquartered in Atlanta, Ga., with 36,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.
Website: www.ncr.com
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NCR Media Contact
Ortrud Wenzel
NCR Public Relations
+49 821 405 8191
ortrud.wenzel@ncr.com
NCR Corporation (NYSE: NCR) is a leader in transforming, connecting, and running technology platforms for self-directed banking, stores, and restaurants. NCR is headquartered in Atlanta, Georgia, with 35,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.
NCR VOYIX Corporation (NYSE: VYX) is a leading global provider of digital commerce solutions for the retail, restaurant and digital banking industries. NCR VOYIX transforms retail stores, restaurant systems and digital banking experiences with comprehensive, platform-led SaaS and services capabilities. NCR VOYIX is headquartered in Atlanta, Georgia, with approximately 16,000 employees in 35 countries across the globe.
This release contains forward-looking statements. Forward-looking statements use words such as “expect,” “anticipate,” “outlook,” “intend,” “plan,” “confident,” “believe,” “will,” “should,” “would,” “potential,” “positioning,” “proposed,” “planned,” “objective,” “likely,” “could,” “may,” and words of similar meaning, as well as other words or expressions referencing future events, conditions or circumstances. Statements that describe or relate to NCR’s or NCR VOYIX’s plans, goals, intentions, strategies, financial outlook, NCR’s or NCR VOYIX’s expectations regarding the Spin-Off, NCR’s or NCR VOYIX’s intention to consummate the offering and issue the Notes or the intended use of proceeds from the offering of the Notes and enter into the new senior secured credit facilities, and statements that do not relate to historical or current fact, are examples of forward-looking statements. Forward-looking statements are based on our current beliefs, expectations and assumptions, which may not prove to be accurate, and involve a number of known and unknown risks and uncertainties, many of which are out of the NCR’s and NCR VOYIX’s control. Forward-looking statements are not guarantees of future performance, and there are a number of important factors that could cause actual outcomes and results to differ materially from the results contemplated by such forward-looking statements. Additional information concerning these and other factors can be found in NCR and NCR VOYIX’s filings with the U.S. Securities and Exchange Commission, including NCR’s most recent annual report on Form 10-K, most recent quarterly report on Form 10-Q and current reports on Form 8-K and NCR VOYIX’s registration statement on Form 10, most recent quarterly report on Form 10-Q and current reports on Form 8-K. Any forward-looking statement speaks only as of the date on which it is made. Neither NCR nor NCR VOYIX undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Michael Nelson
NCR Corporation
678-808-6995
michael.nelson@ncr.com
Scott Sykes
NCR Corporation
scott.sykes@ncr.com