Business Services Industry
Fujitsu Named Top POS Software Vendor For Hard Goods Retailers; Company's GlobalSTORE Application Rated No. 1 in Recent Industry Report
Business Wire, May 31, 2005
FRISCO, Texas -- Fujitsu Transaction Solutions Inc. has been named the leading installed point-of-sale (POS) software provider among the largest 250 hard goods retailers in a recently released market study from IHL Consulting Group, a global research and advisory firm specializing in technologies for the retail and hospitality industries.
The report ranked retail POS software vendors based on three primary criteria:
--Total number of vendor accounts among the leading 250 hard goods retailers;
--The estimated number of POS systems running the vendor's software, based on store count and lanes per store data;
--The retail revenue represented by the vendor accounts.
The report, "Retailers Guide: POS Software for Hard Goods Retailers," by IHL analysts Greg Buzek and Jerry Sheldon, evaluated the top 25 software vendors that have multiple installations among the top 250 hard goods retailers.
"Fujitsu has a long history of solid solutions for both hardware and software," said Greg Buzek, president of IHL Consulting Group. "Their strength in market share has continued to grow with GlobalSTORE by upgrading existing customers and adding several more in the hard goods industry in recent years."
Fujitsu's GlobalSTORE application is a full-featured, customizable POS, cash management and back office platform. Numerous Fujitsu customers have cited the application as being, on average, "40 percent less expensive to own and customize than other solutions." GlobalSTORE has played a significant role in Fujitsu's growth over the past three years, as the company added about 40 new clients to its retail solutions roster. About one-fourth of those new accounts are GlobalSTORE customers, including Best Buy Inc., REI, OfficeMax Inc. and Sears Tire Group, among others.
"Our previous POS system was not easy to use, required an inordinate amount of time for training and could not accommodate the urgent issues we faced with Y2K," said Carol Uyeda, IS senior manager at REI. "GlobalSTORE enabled us to create an intuitive, easy to use POS interface. This allowed us to incorporate procedural business rules and add feature set functionality that provides flexibility as we move forward."
"The IHL report underscores our commitment to understanding our customers' requirements and building those features into current and future releases," said Keith McNamara, senior vice president of software operations for Fujitsu. "We expect to continue to invest in this core competence to create an integrated consumer transaction software framework across all of our strategic offerings."
About Fujitsu Transaction Solutions
Fujitsu Transaction Solutions Inc. is a wholly owned subsidiary of Fujitsu Limited (TSE:6702) and the IT "lifecycle solutions" provider for consumer transaction environments. The company creates and manages high availability store environments and collaborates with customers to reduce their costs and improve their profitability. Fujitsu's offerings include multi-vendor infrastructure management services, point-of-sale hardware and software, mobile devices and self service systems including U-Scan. The company has operated in North America for more than 30 years and has some 1,500 employees in the U.S., Canada and the Caribbean. Example customers include Canadian Tire, Chevron Corp., Loblaws, Nordstrom, Payless ShoeSource, Regal Cinema, Ross Dress for Less, REI, Staples, Stop & Shop and The TJX Companies, among others. The company also has a 50/50 joint venture with Retalix Ltd. (Nasdaq:RTLX) in StoreNext Retail Technologies LLC, the No. 1 supplier of retail technology to independent grocers and regional chains. Web site: www.ftxs.fujitsu.com
EDITOR'S NOTE: For sales and product information call 1-800-340-4425.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- Using object-oriented analysis and design over traditional structured analysis and design
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions



