NCR's latest acquisition will expand its hospitality business

earnings that it plans to launch a full-service restaurant-software solution. Acquiring providers with specific regional experience could give NCR an edge to onboard more merchants and build out a presence throughout different markets.new solutions to manage and analyze their data in the same platform they accept orders and payments, creating a huge need for restaurant-specific POS solutions.

NCR could build upon its existing solutions to cater them toward the restaurant industry: It could develop a restaurant-specific version of NCR Silver, its cloud-based POS system intended for small businesses, for example, to address the needs of that industry with over-the-top features like business management tools. And as people increasingly prefer noncash payment methods, demand for new technology will increase among restaurants owners, which will open up more room for NCR to grow.1.

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