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NCR Voyix Corporation (VYX) is renowned for its innovative digital commerce solutions, catering specifically to the retail, restaurant, and digital banking sectors. The company excels in providing cutting-edge software, hardware, and service portfolios that facilitate seamless, high-volume consumer transactions.
In the Retail segment, NCR Voyix offers a broad range of software solutions designed to enhance operational efficiency and elevate the customer experience for retailers of all sizes. Their comprehensive systems ensure smoother transactions and better inventory management, ultimately improving bottom lines.
The Restaurants segment focuses on delivering end-to-end technology solutions for food service establishments. These solutions not only boost operational efficiency and customer satisfaction but also help in reducing overhead costs. The technology provided by NCR Voyix enables restaurants to handle orders, manage tables, and streamline kitchen operations more effectively.
In the Digital Banking segment, NCR Voyix supports financial institutions by offering cloud-based software solutions. These solutions facilitate a fully integrated digital banking experience, ensuring a seamless interaction across various channels. From mobile banking to online transactions, NCR Voyix's offerings are designed to meet the evolving needs of today's digital-first consumers.
With its headquarters in Duluth, Georgia, and a global workforce of over 30,000 employees, NCR Voyix's reach extends to more than 180 countries. This expansive footprint enables the company to support over 550 million transactions daily, making it a pivotal player in the global market.
Recently, NCR Voyix has made strides in expanding its product offerings and improving its financial performance. The company continues to form strategic partnerships and undertake significant projects that highlight its commitment to innovation and excellence in consumer transaction technologies.
For more information, visit their website or follow them on social media: Twitter, Facebook, LinkedIn, and YouTube.
NCR Voyix (NYSE: VYX) has launched the Aloha Kiosk, powered by GRUBBRR, aimed at assisting restaurant operators who are struggling with labor shortages and rising costs. The kiosk, integrated with the NCR Voyix Commerce Platform, provides a seamless data flow and enhanced omnichannel ordering. Benny Tadele, EVP & President of NCR Voyix, emphasized that the kiosk reduces staff stress and enhances customer experience. GRUBBRR CEO Sam Zietz highlighted its operational efficiencies and potential revenue boost. With two-thirds of Americans favoring self-service kiosks, this technology could significantly impact the restaurant industry. The Aloha Kiosk aims to address labor challenges and escalating costs by providing flexible workflows and improving order accuracy, potentially increasing ticket values by 12%-22%.
NCR Voyix (NYSE: VYX) has appointed James G. Kelly as its Executive Chair, moving from his previous role as Independent Chair. The company's Board of Directors also appointed Kevin Reddy as the lead independent director. This move aims to enhance the executive leadership team following the spin-off of its ATM-related businesses in October 2023.
NCR Voyix reported financial results for the first quarter of 2024, showing a decline in revenue and net income compared to the previous year. Despite this, the company highlighted positive growth in software and services revenue, total segment ARR, and software ARR. The CEO emphasized the focus on customer conversions and new client acquisitions to drive profitable growth. The company also provided financial outlook for the full year 2024, reiterating guidance for total revenue, software & services revenue, hardware revenue, adjusted EBITDA, and adjusted free cash flow. NCR Voyix emphasized non-GAAP measures in the release and announced an upcoming earnings conference call.
Pressed Juicery has chosen NCR Voyix to enhance guest experience through innovative technology. By adopting the Aloha Cloud platform, Pressed Juicery aims to streamline operations, elevate guest service, and modernize its tech infrastructure. The partnership with NCR Voyix empowers Pressed Juicery with a versatile platform that unifies brick-and-mortar outlets with e-commerce channels, providing comprehensive insights and enhancing decision-making capabilities.
NCR Voyix (NYSE: VYX) and Olo (NYSE: OLO) are expanding their partnership by integrating Olo solutions onto the NCR Voyix Commerce Platform. This collaboration aims to enhance the guest experience for restaurants of all sizes by simplifying ordering and payments through digital solutions. The integration will enable restaurants to deliver exceptional guest experiences by leveraging technology and data collection.
NCR Voyix (NYSE: VYX) will release its first quarter 2024 earnings results on May 9, 2024, before the market opens. The company, a global leader in digital commerce solutions, will host a conference call at 8:00 a.m. ET on the same day to discuss the financial results. Investors can join the call by dialing in or accessing the live webcast on the company's investor relations website.
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