Reforming Retail

Why the POS Industry Will Consolidate

The worst kept secret is that POS has become commoditized. The cost and time to bring a POS solution to market is rapidly approaching a relative zero. There are the cloud entrants, the payments entrants, and the retailer’s nephew at Carnegie Mellon who needs to do something for his master’s program.

In the years since POS arrived, the market has grown into an absolute spattering of solutions. I’ll admit I’m not nearly as intelligent on the retail side of the market as I am in restaurants, but there are nearly 200 known restaurant POS softwares in the US. I venture there are hundreds – if not thousands – of others that are so obscure nobody has bothered to track them. And given that retail is much more stratified than food service, there are most assuredly thousands of retail POS softwares.

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