Press release BoxID: 554286 (GK Software AG)
  • GK Software AG
  • Waldstraße 7
  • 08261 Schöneck
  • Contact person
  • René Schiller
  • +49 (37464) 84264

GK SOFTWARE AG Presents The First POS Solution for Retail Stores Worldwide Leveraging SAP HANA®

(PresseBox) (Schöneck, ) GK SOFTWARE AG, an SAP® software solution and technology partner in the retail sector, will be exhibiting the first Point-of-Sale (POS) solution worldwide on the SAP HANA® platform at the SAPPHIRE® NOW conference being held in Madrid, November 13-15. This solution will enable retail customers to use the latest technologies down to the POS system level. This will result in a wide variety of potential savings and opportunities for optimizing performance, helping customers to address business-critical challenges in the retail sector.

At SAPPHIRE NOW, GK SOFTWARE (booth 1018) will be holding several roundtable discussions, a microforum and a presentation highlighting the benefits resulting from the cooperation with SAP in extending solutions from GK SOFTWARE. One presentation will highlight the SAP Point-of-Sale application by GK leveraging the capabilities and benefits of SAP HANA. By integrating with SAP HANA, the application will reduce the time needed to access information critical to a retailer's business, leading to better optimized retail operations.

Michael Jaszczyk, CTO at GK SOFTWARE, commented: "SAP HANA will have a massive impact on retail. We believe it is truly the enabling platform that will unleash the power of omni-channel services in cloud environments."

SAP HANA is a completely re-imagined platform for real-time business. It transforms business by streamlining transactions, analytics, planning, predictive and sentiment data processing on a single, in-memory database so business can operate in real time.

"The utilization of SAP HANA provides our retail customers with the tools needed to positively impact and effectively run their retail operations in a way that best serves their customers," said Thomas Vetter, senior vice president, Retail & Multichannel Product Management, and Lori Mitchell-Keller, senior vice president and head of Global Retail Industry Business Unit, SAP. "Our partnership with GK Software is an important component of the SAP Retail solution portfolio. Our strategic relationship has been further strengthened by the development investment GK Software has made in integrating SAP HANA with its solutions. Leveraging SAP HANA is yet another step to optimize our end-to-end solution portfolio for retail customers."

SAP, SAP HANA, SAPPHIRE and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.

All other product and service names mentioned are the trademarks of their respective companies.

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GK Software AG

GK SOFTWARE AG is one of Europe's leading technology developers and providers of standard software for the retail sector, and offers an extensive range of products for stores and enterprise headquarters. Thanks to its open software solutions in the GK/Retail Suite, which can be used with any platform and is fully programmed in Java, the company has established itself as one of the retail market's leading providers of technology and innovations. Its software enables retail chains with numerous stores to optimally manage their business operations, offering them significant potential for saving costs and implementing customer loyalty programs and hence helping them to improve their competitiveness.

The company employs 428 members of staff (figures for 31 December 2011) across its headquarters in Schöneck (Germany) and five other business locations in Berlin, St. Ingbert, Cologne, Plzen (CZ) and Basel/Riehen (CH). GK SOFTWARE AG's customers include many well-known retailers from both Germany and beyond, including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA, Hornbach, JYSK Nordic, Lidl, Netto Marken-Discount and Tchibo. The software is currently being used at 140,000 installations across approximately 27,500 stores in more than 30 countries. The company has grown rapidly in recent years and its sales revenues totaled EUR 31.8 million in 2011. GK SOFTWARE AG achieved EBIT of EUR 6.65 million (EBIT margin of 21.0% on sales). 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 AG into a profitable company exhibiting strong growth.