DGAP-News: GK Software Announces Support of SAP"s Industry Cloud Solutions for the Retail Industry

2020. október 22., csütörtök, 15:26

DGAP-News: GK Software SE

/ Key word(s): Alliance

GK Software Announces Support of SAP"s Industry Cloud Solutions for the Retail Industry

22.10.2020 / 15:26

The issuer is solely responsible for the content of this announcement.

22 October 2020 | Schöneck 

GK Software"s cloud4retail solutions are now an integral part of SAP"s industry cloud solutions for retail, delivering value for the intelligent enterprise

GK Software announced the availability of its products for SAP"s industry cloud today. Building on the Intelligent Enterprise strategy, SAP is expanding its vertical solutions to fill the whitespace in its portfolio with an ecosystem of industry cloud applications. These applications leverage SAP(R) Cloud Platform, with advanced technologies, and are interoperable with SAP Business Network and the intelligent suite. As a partner, GK Software is working to deliver comprehensive solutions that are part of SAP"s extensive solution extensions portfolio, delivering simplicity, mitigating risk, and accelerating transformation in the retail industry.

GK Software offers a broad portfolio of leading retail solutions, operating natively in the cloud as part of the cloud4retail platform. The integration of these solutions into SAP"s industry cloud solutions for retail strengthens SAP"s retail industry offering. It is, at the same time, proof of GK Software"s successful cloud strategy. This strategy aims to deliver innovative, vertical solutions that help customers achieve cost-effective transformation and sustainable growth, provide new opportunities for better business processes, and give them a competitive advantage in their industries. For more than ten years SAP has been selling GK Software"s solutions as SAP Solution Extensions to a global customer base. The entire portfolio is available as a native cloud solution and is offered as Software-as-a-Service. Some solutions of GK Software, such as SAP Dynamic Pricing by GK or SAP Mobile Consumer Assistant by GK, are exclusively provided as cloud offers. Cutting-edge SAP Store Management applications by GK can be used on the same technological basis, either in the cloud or on-premise.

"We are very proud to be part of SAP"s industry cloud initiative for the retail industry. This reflects our cloud4retail strategy"s success and our strategic partnership with SAP that has grown over many years to deliver value to our joint customers through innovative cloud native solutions. We look forward to helping our joint customers on their way to the cloud with the best solutions available. Our applications, developed in close collaboration with SAP, enable retailers to support an authentic omnichannel consumer experience and provide the data and optimized processes to manage retail systems centrally. This gives retailers real-time visibility and transactional capabilities to deliver a seamless and personalized shopping experience. Our portfolio of solutions, also available in SAP App Center, enables customers to secure digital experiences across multiple devices and channels."

said Michael Scheibner, Chief Strategy Officer at GK Software. "With our key insights and knowledge in the development of purpose-built solutions for the retail industry, we are collaborating with SAP to deliver high-value, vertical solutions to help businesses adapt and succeed."

"The SAP Omnichannel Point-of-Sale by GK application, developed by GK Software, fills critical whitespace in our portfolio and enables a true omnichannel experience for our customers," said Achim Schneider, SVP and global head, Industry Business Unit Retail for SAP. "This is a prime example of how co-innovation between our organizations can deliver value for customers. We look forward to continued collaboration with GK Software and the creation of innovative cloud solutions and applications for customers who want to drive cost-effective and sustainable growth in their industry."

The official SAP News can be found here.

For more information on industry cloud solutions from SAP, read here.

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. According to a study published by RBR 2019, the Company is one of the leading international providers of POS software and is the second-fastest growing business in the industry in terms of the number of installations worldwide. 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. Having been acquired in 2013, AWEK GmbH and in 2015, the retail segment of DBS Data Business Systems Inc. In 2017, the company acquired a majority shareholding in prudsys AG, a company focused on artificial intelligence. In 2018, the valuephone GmbH was acquired, which develops leading solutions for mobile consumers.

The company employs 1,123 members of staff (figures for 30 June 2020) 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 Edeka, Lidl, Aldi, Coop (Schweiz), Hornbach, Migros, Netto Marken-Discount and Walmart. The software is currently being used at 325,000 installations across approximately 59,800 stores in 63 countries. The company has grown rapidly in recent years and its sales revenues totaled EUR 115.4 million in 2019. 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: https://www.gk-software.com



Investor Relations

GK Software SE

Dr. René Schiller

Ph.: +49 (0)37464-84-264

Fax: +49 (0)37464-84-15

E-mail: rschiller@gk-software.com

22.10.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: GK Software SE

Waldstraße 7

08261 Schöneck

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
EQS News ID: 1142521

End of News DGAP News Service

1142521  22.10.2020 

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