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Global Distribution Systems in Present Times - Four Major GDS Systems; Amadeus, Galileo... - 1 views

www.hotel-online.com/...Oct02_GDS.html
shared by Chengcheng Feng on 26 Jan 12 - Cached
  • Among the “shelves” on which buyers search for travel services are world’s global distribution systems and the Internet distribution systems
  • The airlines realized that by automating the reservation process for travel agents, they could make the travel agents more productive and essentially turn into an extension of the airline’s sales force. It is these original, legacy GDSs that today provide the backbone to the Internet travel distribution system
  • Fang Shu on 26 Jan 12
     
    October 2002 - The travel marketplace is a global arena where millions of buyers (travel agents and the public) and sellers (hotels, airlines, car rental companies, etc.) work together to exchange travel services. This is a good article talking about four major GDS System companies in the world nowadays. When we do some research in GDS area, it is better for us to know some information about these four companies. They are Amadeus, Galileo, Sabre and Worldspan. The author said that Aadeus is Number 1 inlocations worldwide compared to other three companies, Galileo International is a cautions follower when it comes to technology when compared to other GDS companies. Sabre's competitive strenghs are market position, global reach, stable product line, diversification of revenue streams and intellectual capital. And Worldspan has successfully developed the strategies and solutions to ensure the company's long-tern success. After read this article, I think I have the big picture of what GDS System is. The author gave us the strength of different systems. I know what are these GDS companies doing right now in the world. And what is the best is that the author used some accurate data to support the point. So in my point of view, I don't only understand the knowledge related to GDS System, but also learn the way to write my paper, that is using lots of numbers.
  • ...9 more comments...
  • Fang Shu on 26 Jan 12
     
    I don't know why but I was failed to highlight this article. I did it in My Library.
  • YONGHE FAN on 27 Jan 12
     
    It is a great article that provides some detailed information on the four most famous GDS. and it was separated into four parts by explaining the four major GDS one by one. It is talking about the history, current status and development of these four major systems to help readers understand what exactly it is and how it works. I like this because it helps me create an overview of GDS systems.
  • Ligia Elizondo on 27 Jan 12
     
    Interesting article that summarize important information about major GDS companies. GDS companies such as Amadus, Galileo and Sabre are platforms in which a range of travel related services are offered through electronic switches and routers .
  • Jingyi Wen on 28 Jan 12
     
    This article introduces four major GDS systems' characteristics and strength. I think these information will be useful for hotels when they choose the GDS systems.
  • Yu Zhai on 30 Jan 12
     
    According to the World's Leading CRS/GDS System 2011, Sabre is the winner profile. And the Amadeus, Galileo, Worldspan and Zurich Systems were nominated.
  • Joe Cilli on 10 May 12
     
    This is about GDS!
  • paige rosenberg on 12 Jul 12
     
    In the travel marketplace it is global where buyers and sellers work together to exchange travel services. Global distribution systems and the internet distribution systems have become electronic supermarkets linking buyers to sellers and allowing reservations to be made quick and easy. Travel today is sold most on the internet, it is a vast networks of suppliers and a wide customer pool in a centralized maket. Currently today there are 4 major GDS and they are continuing to grow. This article pretty much summed up what we learned in the past 2 classes
  • Irine Wallace on 03 Sep 12
     
    SUMMARY A global distribution system (GDS) represents a computerized system used for managing different transactions within the air travel and hospitality industry There are currently four major GDS systems: 1. Amadeus (2) Galileo (3) Sabre (4) Worldspan Amadeus Founded in 1987 by Air France, Iberia, Lufthansa, and SAS, Amadeus is the youngest of the four GDS companies. Amadeus is a leading global distribution system and technology provider serving the marketing, sales, and distribution needs of the world's travel and tourism industries. Its comprehensive data network and database, among the largest of their kind in Europe, serve more than 57,000 travel agency locations and more than 10,500 airline sales offices in some 200 markets worldwide... Galileo International Galileo International was founded in 1993 by 11 major North American and European airlines: Aer Lingus, Air Canada, Alitalia, Austrian Airlines, British Airways, KLM Royal Dutch Airlines, Olympic Airlines, Swissair, TAP Air Portugal, United Airlines, and US Airways. It is a major player in the GDS business throughout the world: North America, Europe, the Middle East, Africa, and the Asia/Pacific region. Galileo International is a diversified, global technology leader. Sabre For more than 40 years, Sabre has been developing innovations and transforming the business of travel. From the original Sabre computer reservations system in the 1960s, to advanced airline yield management systems in the 1980s, to leading travel web sites today, Sabre technology has traveled through time, around the world, and has touched all points of the travel industry. Worldspan Founded February 7, 1990, Worldspan was originally owned by affiliates of Delta Air Lines, Inc., Northwest Airlines, and Trans World Airlines, Inc. It is currently owned by affiliates of Delta Air Lines, Inc. (40%), Northwest Airlines (34%), and American Airlines, Inc. (26%). Since its 1995 advance into the world of Internet technology fo
  • xiyu wang on 09 Sep 12
     
    This article is about the GDS system, and it introduced four major GDS system in present times. GDS is a worldwide computerized reservarion network used as a single point of access for reserving airline sears, hotel rooms, rental cars, and other travel related items by travel agents, online reservation sites, and large corporations. The for major GDS systems, Amadeus, Galileo, Sabre, and Worldspan owned and operated as joint ventures by major airlines, car rental comopanies, and hotel groups. GDS is also called automated reservation system (ARS) or computerized reservation system (CRS). Among the four major GDS systems, Amadeus is the youngest one and has done remarkably well during its short tenure. With its strong company infrastructure worldwide, impressive product set, and growing customer base, Amadeus is one of the most significant players in shaping the future of the GDS. Galileo's competitive strengths include market share, well-balanced and global presence, relationships with diverse groups of travel vendors, technologically advanced information systems, highly skilled personnel, and a stable product line. Gralileo is a follower when it comes to technology, but is has established successful relationships with entities such as Go, UK's best low-cost airline. Sabre's competitive strengths include market position, global reach, stable product line, diversification of revenue streams, and intellectual capital. Sabre business model is a strong one, and continues to make significant progress in advancing both its electronic travel distribution and its information technology solutions businesses. The last one Worldspan has a legacy of industry firsts that are not well known. It continues to look at benefits of creating its own consumer brand and has been partnering with different companies to expand the services that it can provide to its customer base.
  • anonymous on 14 Sep 12
     
    GDS is started on the airline industry. And with it development, the airline company recognized that the GDS is becoming more and more important and necessary. And in my opinion, the GDS can not only focus on the airline. It can be on the internet. That is means they should built some sub-company around the world and it will help to form a kind of net that can cover all over the world. So that it is reduce the pressure of airline and increase the short distance distribution. it will be more efficiency for the guest and less human labor.
  • Chengcheng Feng on 20 Sep 13
     
    More and more customers rely on global distribution system to buy hospitality products in present time. This article introduces four major type global distribution systems, Ama dues, Galileo, Sabre and Worldspan. There are also some smaller GDS existed in the world. Amadeus is the youngest of the four GDS companies. Galileo International is a diversified, global technology leader. Galileo's competitive strengths include well-balanced and global presence, relationships with diverse groups of travel vendors, technologically advanced information systems and a stable product line. Sabre's competitive strengths include market position, global reach, stable product line, diversification of revenue streams, and intellectual capital. Worldspan provides worldwide electronic distribution of travel information, Internet products and connectivity, and e-commerce capabilities for travel agencies, travel service providers, and corporations.
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More foreign brands use China's Taobao for e-commerce | IT News - 1 views

www.itnews.com/...s-use-chinas-taobao-e-commerce B2C e-commerce e-business online-sale
shared by chunxia gao on 27 Jan 12 - No Cached
  • We are launching on Taobao to expand our reach to Chinese consumers given Taobao is the most trafficked e-commerce site in China,"
  • "(Taobao) allows us to reach millions of consumers in a very direct way, many of whom we could have difficulty reaching through brick-and-mortar storefronts,
  • Taobao, which started as a consumer-to-consumer platform, rose to the top of the China's online retail market after beating out e-commerce rivals like eBay in the country.
  • chunxia gao on 27 Jan 12
     
    This article showed more foreign brands like Adidas and Gap are expanding their reach into China's market by tapping the user base of the country's largest online retailer Taobao.com for e-commerce. A majority of domestic and well-known international brands have set up their own online stores on Taobao Mall for brand expanding and sales. Presence on Taobao Mall is complementary to their own e-commerce site, which is doing well, along with their stores. Through Taobao, international brands can reach millions of customers in a very direct way and Chinese customers are increasingly turning to the internet to do their shopping. But there are challenges with opportunities. They have to fight with counterfeit goods. Counterfeit goods are low price in Chinese e-commerce market. Taobao also launched actions to penalize selling counterfeit goods. In a word, e-commerce in China is not mature, it has a long way to be improved.
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NPD Receives Walmart POS Data - 0 views

apparel.edgl.com/...Receives-Walmart-POS-Data78454 software Business
shared by Bing Liu on 06 Feb 12 - No Cached
  • Bing Liu on 06 Feb 12
     
    The NPD Group, Inc., a global provider of consumer and retail market research for a wide range of industries, has reached an agreement with Walmart to receive and analyze its point-of-sale information in the U.S. This new agreetment will be based on the two companies sharing their point-of-sales system in order to analyze POS statistics about what kind of products people prefer to buy. After the analysis, the result will be sent to manufactors so that they can produce more prefered products. And Walmart will increase their sales too.
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Benefits of a Buying the Right Retail Point of Sale System - 0 views

www.retailsystems.com/its-of-a-retail-pos-system.cfm POS
shared by ying jiang on 21 Feb 12 - Cached
  • ying jiang on 21 Feb 12
     
    this article shows several benefit of POS. It could provide detailed sales reports which enable to make more informed purchasing. It could also help to identify peak selling hours and items that frequently sell in pairs which help to boost profits. Furthermore, it improves the efficiency of the business. Moreover, it could improve customer relationships.
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Data Security Basics: Five Security Issues All Hotel Operators Need to Know | hospitali... - 0 views

www.hospitalityupgrade.com/...magazine_Detail-ID-581.asp security data hotel
shared by Qianlin Wang on 14 Feb 12 - No Cached
  • This article looks at the top five issues facing hotel operators and what actionable steps can be taken to decrease the likelihood that your business will be stung by data thieves.
  • Franchise operators need to be aware, however, that an improperly configured RMA is vulnerable to data compromise attack by hackers. 
  • Transaction volume, brand recognition and the potential for sensitive data retention are all factors that make hotels (particularly franchise networks) juicy targets for hackers seeking to exploit insecure networks via the Internet. 
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  • Hotel operators need to know that passwords, designed to keep criminals out, can also be a vulnerability in the absence of proper controls
  • Thanks to wireless networks, guests can speed though the check-in process, expedite valet parking and send room service orders directly to the kitchen.  At the same time, hotel operators should recognize that criminals can leverage improperly secured wireless networks to steal cardholder data and should implement strategies to thwart these efforts. 
  • Despite all best efforts, data compromise events can occur and every hotel operator should have a plan in place. Prompt action must be taken by hotels or restaurants that have experienced a suspected or confirmed security breach to help prevent additional exposure of cardholder data and ensure compliance with the data security requirements. 
  • Ruth James on 14 Feb 12
     
    The article discusses five issues that hotel operations are facing, and how to decrease these issues in regards to data thieves. The first security issue discussed is "Remote Access", the article states "Many hotel operators and franchisors use remote management applications (RMAs)". This enable easy access to manage multiple locations downloads; conduct sales polls, and other systems within multiple companies. A advices to remote control issues are to change vendor default settings, in which you can create unique user IDs and complex passwords. Another advice is to "Configure the RMA", in which users are only allowed to connect to known MAC/IP. I personally don't think that creating a unique ID or account password may solve this issue, but allowing connection capability to a set IP/MAC is a wise intake. Although being able to just connect to a set MAC, will cause a limit on where and when you connect. The second security issue is "Network Security", many transaction volumes are being exposed, brand recognition as well; and that attract hackers. In order to reduce this problem, it is suggested that companies need to install and maintain a fire wall at all time. I agree with this other suggestion which is to Use outside resources to help identify new security vulnerabilities. This is great, because a company will be able to receive an outside outlook in regards to security. The last three issues that are on this list are: Password Management, Wireless Security, and Incident Response Plan. Overall it's evident that any system that has a password requirement is causing a major attraction towards security thieves. The suggestions within this article are great, but from my observation; many companies will have to put in time to track and monitor their systems. Systems can't allow to be left open without monitoring, and the internet is a lead way to all this, so any system that requires the internet must be monitored, and protected.
  • Qianlin Wang on 30 Oct 12
     
    Technology enables service. That's the idea, anyway. In the hotel industry, thousands of companies worldwide provide hundreds of software applications to help hotels and hotel companies manage operations to provide better guest service. However, the hospitality industry continues to find itself targeted for damaging data compromise events by hackers. There are some good ways to decrease the attack of hackers. For example, Remote Access, many hotel operators and franchisors use remote management applications (RMAs).  Their ease of use in managing multiple locations makes them ideally suited to disseminate business downloads, conduct sales polls or survey inventory. RMAs are often packaged from vendors with default or blank passwords. Creating unique user IDs and complex passwords can reduce the risk of data compromise and help facilitate compliance with the Payment Card Industry Data Security Standards (PCI DSS). Another example is about Network Security, transaction volume, brand recognition and the potential for sensitive data retention are all factors that make hotels (particularly franchise networks) juicy targets for hackers seeking to exploit insecure networks via the Internet. The hotel can install and maintain a firewall at all times.  Disabling a firewall can put a business at heightened risk of Internet attacks and potential system compromise.
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How mobile tech is changing the retail experience | SmartPlanet - 0 views

www.smartplanet.com/...6023
shared by Yekaterina Ponomareva on 24 Feb 12 - No Cached
  • How mobile tech is changing the retail experience
  • coffee shop in my neighborhood that handles all its customer transactions on an iPad,
  • mazon came out with an application that allows y
  • ...4 more annotations...
  • ou to get product information either by typing in a search, scanning a barcode, taking a picture of a product or speaking the name of the product.
  • You can scan a particular product and get recipes with the product. Or you can type a couple products and find recipes that use those products.
  • Whole Foods:
  • Speaking of Facebook: Social point-of-sale is another opt-in thing. So they check out, and the POS system can post to Facebook, Twitter and Foursquare what you bought. You go in and buy some jeans, and it could say, “Melanie Kaplan just shopped at X mall,”
  • Yekaterina Ponomareva on 24 Feb 12
     
    This is a great article about relatively new point-of-sales systems, that are implemented in a number of places worldwide. Have you ever experienced your card being swiped on iPad of a server when you ordered a coffee? No? And how about your iPhone to become a POS? You walk in a mall, scanning stuff, getting your groceries and the devise is offering you recipes with the food you're getting. The other trend is social POS. It post automatically on a facebook whatever you got in a mall in order for you to remember your shopping history in case you lose the track of your purchases.
  • Xin Jing on 24 Feb 12
     
    It is amazing that all the customer transactions can be done through Ipad or Iphone. This technology create new shopping experience and may attract more young customers.
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A Little Technology Helps Restaurants in Big Ways :: Restaurant News Resource - 0 views

www.restaurantnewsresource.com/article60720.html
shared by Gerson Dias on 26 Feb 12 - No Cached
  • From different marketing strategies to point-of-sale equipment, technology surrounds the restaurant industry. Utilizing the right technology can greatly increase the profits made,
  • Gerson Dias on 26 Feb 12
     
    It is well-know that utilizing the right technology can greatly increase profits, reduce inventory, help a manger (and a staff) to stay organized and efficient. Further to that Point of Sale Systems are good example of technology that can practically run a restaurant. It can record labor costs, inventory, 'enter' an order and send it back to the kitchen, tabulate the diner's bill and process payments. It is true that POS can be costly, but on the long run, it is an investment that pays back with interest. In addtion, it is to mention that today it is hard to imagine Point of Sales Systems without sophisticated Financial Software, Credit Card Readers, and Order-Entry Touch Screens. With technology that improves on a daily base, each and every restaurant manage should be ale to find POS that exactly satisfies his/her needs and his/her pocket.
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Will Self-Checkout Obliterate Traditional POS Systems? | Point of Sale News - 1 views

pointofsale.com/...e-traditional-pos-systems.html systems point sale technology Software business
shared by katya zelinskaya on 25 Feb 12 - No Cached
  • Even though the general trend towards self-checkout is positive, many customers are still wary.
  • The temptation to steal from self-checkout terminals is practically absent with the new buzz about the instillation of cameras, laser scanning, and weighted sensors.
  • hese people have an understanding of how they work and know how to check themselves out in the most efficient way possible (many times they check themselves out faster than a cashier).  
  • liang qian on 25 Feb 12
     
    It is knowledgeable why retailers would be skeptical over self-services in grocery stores, which include lack of floor space, the ability to lower labor cost, and the concerns of consumer acceptance and usage, but this has changed with the future of technology. The permutation of self-checkout technology now gives the retailer opportunities to reduce labor intendment, and it also orchestrates the front-end operations to offer state of the art customer service to the consumer Self- checkout allows retailers to save space and it easily fits into the store's existing layout. Five self-serve lanes can accommodate the floor space of only two conventional lanes. Cash balancing and reporting for each station remains the same as it was before the device was installed.
  • Mary White on 26 Feb 12
     
    I cannot imagine the human factor completely disappearing in stores. I have three young children and I cannot go through teh self check-out if I have more than a couple of items. There will always be those people who need the extra help. I do enjoy self check-out lines, so hopefully there will be a balance of machine and man in the stores.
  • katya zelinskaya on 26 Feb 12
     
    after the invention of the first POS system of 1974 and the self- check out counters of 1992 researchers projecting 430,000 of self check out counters to be opened by 2014.  The benefit of the Self Check out counters is very tempting for the owners.  Article mentions that some customers are still not too happy with the self check out counters, because of possible bad experience in the past.  Managers are delaying the installation of the automated check outs, because of the scare of the theft, but it's proven that theft is not as issue because usually losses occur from the cashier's negligence.  Article provides some of the proves that self check out counter , can help customers to lose weight, and check out faster, and provides extra privacy. 
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Revel Wants To Bring iPad-Powered Point Of Sale Systems To The Hospitality And Retail I... - 1 views

techcrunch.com/...pitality-and-retail-industries point sale systems hospitality
shared by Carolina Villa on 22 Feb 12 - No Cached
  • Many small businesses are swapping out traditional cash registers for iPads and credit card processors like Square.
  • Revel Systems hopes to be the go-to iPad-powered, comprehensive POS platform for restaurants.
  • Along with the iPad-friendly cash register, Revel Systems can be completely customized for payroll, inventory tracking, web ordering, email receipts and more.
  • ...2 more annotations...
  • Lisa Falzone, co-founder and CEO of Revel System, explains that the platform is going after chains and restaurants that have at least $500,000 in yearly revenue.
  • Currently Revel is seeing around $80 million in processing business with major brands. Beautiful Brands International has just tapped the startup to power POS systems at its multiple franchised locations nationwide under the Beautiful Brands International umbrella, including Camille’s Sidewalk Café, Dixie Cream, FreshBerry Frozen Yogurt Cafe and Rex’s Chicken.
  • Mirta Echazabal on 22 Feb 12
     
    Focusing on new trends, POS systems are being brought out and introduced in the new addition of IPAD. This new system called Revel hopes to be the go-to Ipad powered comprehensive POS system for restaurants. Revel systems can be used for payroll, inventory tracking, web ordering and email receipts. Lisa Falzone is the co founder and CEO of Revel System expressed how this new system is going after chains and restaurants that obtain at least $500,000 in yearly revenue. Launched in August 2011 Revel is seeing around $80 million in business processing with major brands and franchises ex: Freshberry frozen yogurt café, Rexs chicker, Dixie cream etc. This new trend with IPAD POS system is a great idea and a fantastic way to be more efficient. Usually POS systems are these screens that are not movable it mainly resides on one specific location while these ipads could be more convenient and mobile. This may help to bring out a better and faster customer satisfaction.
  • ...1 more comment...
  • Gyujin Chae on 23 Feb 12
     
    Cost-wise Revel system, which is a web-based POS system, might be better over a traditional POS system. However, it would be risky to install this new technology in restaurants. Unlike a traditional one, a web-based POS system totally relies on Internet. What if Internet server is down or unstable? There will be great confusion to the restaurants. If there is no problem regarding Internet connection or restaurants have backup plans in case of loss of Internet or power, it would be an efficient and effective tool for the restaurant business.
  • Carolina Villa on 25 Feb 12
     
    Revel Systems hopes to be the new POS platform for restaurants. This iPad works like a cash register, it can be customized for payroll, inventory tracking, web ordering, email receipts and more.The Revel system is going after chains and restaurants that have at least $500,000 in yearly revenue.
  • Mary White on 26 Feb 12
     
    I had a doctor visit this past week and the office could barely function because their servers were down. If down systems can cause this much turmoil in a doctor's office where people expect to wait, imagine the trouble in a busy restaurant. The system sounds great, but there would need to be a back-up system or procedure in place. There are risks of a system crash, so why not have a more traditional processing system available if it is needed? The benefits of cyber storage can be considerable and likely down the road more safeguards will be in place to hedge against the negative effects of a system crash. This is definetely a technology worth researching (if your business is big enough to sustain it).
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NAVIS Interface To Resort Data Processing, Inc. Property Management Software Enables On... - 0 views

www.virtual-strategy.com/...ent-software-enables-onlineoff
shared by Ted Rood on 17 Jun 12 - No Cached
  • NAVIS, the leader in reservation sales systems for the North American lodging industry,
  • The interface will enable NAVIS clients using RDP software to accurately measure how much online revenue and how much offline (telephone) revenue were generated from their online marketing.
  • “NAVIS is the only company in the lodging industry capable of providing this level of online/offline revenue detail to hotels, resorts and vacation rental management companies
  • ...2 more annotations...
  • where to spend their marketing dollars and where not to.”
  • espective clients will be able to see a complete picture of their online and offline revenue – extremely valuable information that will help them to be more successful.”
  • Ted Rood on 17 Jun 12
     
    When working in a hotel, the majority of the reservations that come in are done through online booking but what about the reservations made over the phone? Are they still booked as a result of online marketing efforts?  This article from Virtual Strategy Magazine is discusses a brand new data interface developed by NAVIS, the leader in reservation sales systems in North America. NAVIS teamed up with RDP (Resort Data Processing) to create an interface that allows clients to measure how much online and offline revenue is generated from online marketing. Currently, NAVIS is the only company able to offer this service to its clients. The ability of NAVIS to provide this information gives clients the opportunity to decide on where exactly there marketing money needs to be spent and where it needs to be spent less. Having access to all of this new data and information regarding source of revenue will ultimately make a company more successful in the future. 
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Abacre Hotel Management System - CNET Download.com - 0 views

download.cnet.com/...3000-2066_4-75206862.html
shared by cbespinel on 29 Sep 12 - No Cached
  • Abacre Hotel Management System is a new generation of hotel or motel management software for Windows. It is a complete solution, beginning with reservations and check in or check out, and ending with billing and tax reports. The user interface is carefully optimized for high speed input and the prevention of common mistakes. It is designed for using on multiple computers, and contains reliable and secure authorization levels. The program can be set up for any currencies, taxes, and gratuities. Payments can be accepted by cash, credit cards, or checks. For managers, there is a rich set of reports that shows a complete picture of hotel operations and life cycles: sales by room, sales by room type, sales orders in restaurants or retail, payment methods, and automatic tax calculations. By standardizing the entire hotel management process, the software radically improves the quality of guest handling and accounting. It's easy to install and easy to use. Very affordable licensing allows this software to be used in any environment from small family-owned hotels to large chains.
  • cbespinel on 29 Sep 12
     
    The future of Hotel PMS is here already, online and cloud supported systems are becoming more attractive because of their convenience and lower costs.
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PAR Restaurant - EverServ TSR: Restaurant Point of Sale Solution - 0 views

www.partech.com/...tsr TSR in the hospitality industry
shared by Jouvens Jean on 05 Sep 13 - No Cached
  • Designed for any operation size, TSR enables even the smallest operator to access the same advanced capabilities that large chain restaurants have. TSR’s technology is structured around a boundless customer-centric approach with an integrated design to every aspect of guest service – wherever they are. The open and flexible architecture makes it easy to extend revenue generating opportunities beyond the restaurant to reach out to new customers or increase the loyalty of your existing customers. In addition to providing an end-to-end solution within the four walls of your restaurant, TSR offers sophisticated enterprise management for your operations which simplifies centralized support of remote sites. The enterprise tool set that lets you know what’s happening in your operations today, so you can manage it before tomorrow.
  • Jouvens Jean on 05 Sep 13
     
    "TSR is an enterprise grade restaurant point of sale solution that helps you provide exceptional customer service and efficiently manage your operations."
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Point of Sale Systems, POS Industry: Market Research Reports, Statistics and Analysis - 0 views

www.reportlinker.com/...Point-of-Sale-Systems-POS.html POS system
shared by Jouvens Jean on 16 Sep 13 - No Cached
  • The world POS hardware industry is expected to reach almost $31.5 billion in 2014, reports TechNavio. The market is driven by businesses adopting hardware interface standards. More recent market developmental trends include the incorporation of witnessing wireless POS hardware to accommodate a world where mobility is of increasing importance. High standards concerning data accuracy and the need for optimal compatibility present obstacles to market growth.
  • The world self-checkout (SCO) terminal market is expected to exceed 579 thousand units by 2017, according to Global Industry Analysts. The market is driven by retailer efforts to improve customer service and cut costs. Other advantages of SCO terminals include greater checkout process speed and control, and improved privacy. Rolling out the technology beyond developed Western nations to regions such as Latin America and Asia-Pacific can present market challenges.
    • Jouvens Jean
      Jouvens Jean on 16 Sep 13
       
      The "and improved privacy" part of this article doesn't really come to mind to many of us when we think of self service point of sale systems right!
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Hotel firm upgrades accounting system - 0 views

www.hotelnewsresource.com/article73028.html
shared by Chris Cardoso on 24 Sep 13 - No Cached
  • LBA Hospitality Partners with M3 Accounting + Analytics to Enhance Accounting Processes and Increase Efficiencies July, 31 2013 M3 Accounting + Analytics Seeking to update and streamline accounting processes for its 70-plus Southeast properties, Dothan, Ala.-based Larry Blumberg & Associates, Inc. (LBA Hospitality) recently announced an expanded partnership with M3 Accounting + Analytics, the national leader in hotel-specific accounting software, operations reporting, and business analytics. “If we are to continue to be an industry leader, we must have the ability to meet the requirements of our stakeholders and provide accurate, real-time and relevant information for our management team and owners,” said LBA President Beau Benton.  LBA sought the ability to swiftly handle budgets, forecasts, and reports, and to dissect business data, all while insuring that the back-office accounting platform functionality was state-of-the-art and industry-specific.  In choosing M3, Benton cited how the company integrates accounting, business intelligence, and reporting, while eliminating most redundancy, software investment and annual hardware/software maintenance. In addition, Benton and LBA were looking for continual and automatic upgrades, backup and disaster protection, and minimized downtime.  LBA is implementing the full suite of M3 products: accounting through the AccKnowledge platform, time, attendance and labor management through the newly released RightTime solution and LaborWatch, and payroll services through RightPay. The company will also continue to use M3 Link business intelligence reporting, as LBA will be expanding it to bring financial data, operating stats, Smith Travel feeds and guest satisfaction data (including verbatim responses) into one completely customizable dashboard. LBA, which launched its business by developing a Sheraton Inn in 1973, is rapidly growing its management business and securing more and more agreements from sophisticated owners and investors.   Scott Watson, M3 Vice President of Sales & Marketing, said, “While our core product remains our accounting solution, we’ve continued to evolve and offer new products and services that meet the current and future needs of the hospitality industry. It is truly exciting that our product platform will help Beau and LBA achieve the aggressive growth they are anticipating over the next five years.”  The implementation and training process for all LBA properties is expected to be complete by December 1.  About LBA Hospitality Based in Dothan, Ala., LBA Hospitality is a hospitality management company focused on maximizing return, safeguarding assets and enhancing value. Founded in 1973, the company now manages 70 properties throughout the Southeast, from Texas to Virginia. More information is available at http://www.LBAHospitality.com.  About M3 Accounting + Analytics M3 is the national leader in hotel-specific accounting software, operations reporting, business intelligence and analytics, processing more than $8 billion in financial transactions for more than 3,000 properties. M3’s integrated suite of hospitality accounting products includes: AccKnowledge, Link, payroll and labor management services, and document imaging and retrieval – all designed to help provide hotel operators, owners and managers unsurpassed access to the information they need in the most integrated and cost-effective manner. The company was founded in Gainesville, Ga. in 1998, and also has a base of operations in Tampa, Fla. More information is available at www.M3AS.com. 
  • “If we are to continue to be an industry leader, we must have the ability to meet the requirements of our stakeholders and provide accurate, real-time and relevant information for our management team and owners,” said LBA President Beau Benton.  
  • continue to be an industry leader, we must have the ability to meet the requirements of our stakeholders and provide accurate, real-time and relevant information for our management team and owners,” said LBA President Beau Benton.  
  • ...1 more annotation...
  • “If we are to continue to be an industry leader, we must have the ability to meet the requirements of our stakeholders and provide accurate, real-time and relevant information for our management team and owners,” said LBA President Beau Benton
  • Michaela Gave on 24 Sep 13
     
    LBA Hospitality Partners with M3 Accounting plus Analytics to enhance accounting processes and increase efficiencies." As an industry leader LBA's Presidents feels they need to ability to meet requirements of their stakeholders and provide accurate real-time information for management and owners. When choosing M3 LBA's president noted how the company integrated accounting, business intelligence, and reporting while removing redundancy, software investment and annual hardware/software maintenance. Part of the requirements for choosing a company was continuous automatic upgrades, backup, disaster protection and limited downtime. LBA chose to implement a full suite of M3 products: Accounting through the AccKnowlege platform, time, attendance and labor management through RightTime solution and LaborWatch and payroll through RightPay. LBA will be expanding to bring financial data, operating costs, Smith Travel feeds and guest satisfaction data in one customized dashboard using M3 Link business intelligence reporting. LBA continues to grow after developing the Sheraton in 1973. Scott Watson of M3d is happy that M3 can meet the needs of their customers even though their core product is accounting solutions. They continues to help companies as they grow. Through this partnership they hope to continue to grow as meet the needs of their guest, investors and team. While it is important to have a core product to offer, I think it's also important to have additional products that meet the needs of your customer much like S. Watson said about M3 continuing to evolve and meet the needs of the hospitality industry. I feel this would make the company more marketing. It looks as if the President of LBA reviewed what the company's needs were and then chose to partner who leads the company in hotel specific accounting software. The president recognized the need to be able to report numbers accurately and forecast real data to its team, owners and investors. When I m
  • Chris Cardoso on 21 Oct 13
     
    The Larry Blumberg & Associates hospitality firm (LBA Hospitality) partnered with a management company, M3 Accounting & Analytics, to integrate new software in it's 70 properties throughout the southwest, fro Texas to Virginia. The services that will be provided by M3 will range from Accounts Payable, to General Ledger, Daily Sales Report, Labor Cost, Check Writing, Cash Management, Forecast, Budget, etc. M3 provides products and services that will continue to evolve and improve to be cutting edge in hospitality. LBA is using M3 to streamline an aggressive five year growth plan. Other hospitality business will begin to incorporate a service provider that can encompass all accounting needs.
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Page 2 - Avero Partners With BinWise To Automate Beverage Inventory Management - TheStreet - 0 views

www.thestreet.com/...rage-inventory-management.html Avero inventory management restaurant beverage
shared by Alyssa Westmeyer on 15 Oct 13 - No Cached
  • Avero is the leading provider of cloud-based insights and solutions to the hospitality industry having seamless integration with more than 40 of the largest POS systems worldwide
  • The cloud-based software links purchasing, barcode inventory management, point of sales and real-time wine lists, available on pdf, html or iPad, on one platform
  • Alyssa Westmeyer on 15 Oct 13
     
    Avero, one of the top analytic tools in the industry, has partnered with BinWise, the leading beverage inventory management system. Together, they provide great value to restaurants in that they ensure the most current inventory levels and accurate sales information at all times. The streamlining of these processes saves the property time, money and space while controlling inventory and beverage costs. It is clear that, while many companies use one or the other (or both), they will now benefit even more from the partnership between these two systems that have both been proven to save money and improve efficiency.
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Eventbrite Launches 'Neon' App, An Event Planner's Mobile Command Center - Forbes - 1 views

www.forbes.com/...planners-mobile-command-center neon app event planner mobile
shared by natalieemmanuel on 08 Oct 14 - No Cached
  • Neon allows event organizers to sell tickets as the event—be it concert, lecture, educational class, etc.—is about to happen or after it has already begun, on the spot. In fact, if showtime is closing in, the app allows those in charge to offer special last-minute deals to help fill the venue. The program can accept mobile payments as well, making a manager or booker’s iPhone an all-in-one command center.
  • Neon also collects all kinds of data connected to the event, with information on ticket sales, check-ins, and everything in between accessible at any time. This data is important to venue owners and those booking events, as it can help when planning future events, dictating times, prices, and showing what kinds of events are most popular.
  • natalieemmanuel on 08 Oct 14
     
    Neon is a new app designed by Eventbrite to be used by Event Planners in order to help organize the events they are coordinating. The app is available for iPod, iPad and the iPhone making it conveniently accessible through one's mobile device. The app allows event organizers to sell tickets in advance to an even as well as provide last minute deals to fill all remaining spots. The app even allows payment to be taken right from the event organizer's mobile device. The app also allows the user to manage guest lists and even helps those who have access to the app to make customer service decisions so that disgruntled guests are not sent to a different location to settle ticket disputes. With all the data the app collects even organizers are able to see important data pertaining to popularity of certain events as well as price variations. The app was designed to be used in dark places. This feature, along with many others makes it user friendly and it is helping event organizers to keep track of important data that will allow them to better assist customers in the future.
  • danalbert on 08 Oct 14
     
    I think I'd need to see it in action. The Forbes article sounds a lot like an Eventbrite press release. I like the idea in principal, but it almost sounds like too much to jam into a single app. Tickets sales, venue status, customer service, revenue tracking.,,, Deployed and linked across multiple tablets, each with it's own purpose and/or scattered across the event venue (with users in some sort of identifiable uniform), I can see it being useful. This also seems like a bit of a departure from straight tickets sales. Who else is in the market space? I'd be interested if Ticket Master is also coming online with event software.
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iPad, Tablet Point-of-Sale Systems Gain Popularity - 1 views

www.entrepreneur.com/...226874
shared by tkasischke on 13 Oct 13 - No Cached
  • An iPad looks modern and sleek, the device’s mobility gives a merchant greater flexibility in serving customers, and the cash-register software available for a tablet costs considerably less.
  • Jennifer Koren on 13 Oct 13
     
    In this article, mobile POS systems are discussed. Popularity of these devices such as iPad and other tablets are constantly growing. Point of sale computers can cost upwards of $20,000 which is a pretty penny for a restaurant. If restaurants were to switch to tablets and mobile POS systems, the cost wouldn't be the only benefit. With the iPads and tablets, owners and managers can track how many guests enter the restaurant on a daily basis. Inventory is kept up-to-date and is easily accessible for corporations. An interesting point made in the article is "In the same way that some customers continue to write checks in an age of online banking, some merchants will continue to use the older point-of-sale systems out of habit." The times are changing and technology is improving every day. The mobile POS systems allow for small businesses especially to use the money saved for something that can benefit the restaurant- perhaps new equipment for the kitchen. This article describes a program that PayPal recently began to offer. PayPal agreed " to waive transaction fees for the remainder of the year if a business replaces its cash register with an iPad operating PayPal's free mobile-payment technology." The top three tablet POS systems are Groupon, Square and NCR. Each of these have their pros and cons, but over all, they are significantly less expensive than the only bulky POS system.
  • tkasischke on 03 Jun 15
     
    Being a technology kid it is interesting to see how things use to be even just a few short years ago. The different 10 years can make in the POS systems restaurants use is a huge. As times continue to change, most restaurants will be going from POS terminals to POS tablets. Changing to tablets is much more cost effective especially for smaller businesses that need to save wherever possible. Just like when POS terminals came out, there are now a number of tablet POS systems to choose from. Big companies like Groupon and Square have POS systems created for different hospitality segments. Although there are some wonderful creations with the tablets, this form of technology is not made for every business. It gave an example of a company who opened with tablets but within a year forked over much more for the traditional POS system.
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Point-of-Sale Attacks Leverage Weak Remote Security and Passwords - Blog - Duo Security - 0 views

www.duosecurity.com/...-remote-security-and-passwords POS PointOfSale System Hospitality Hacks Remote Security Food&Beverage Restaurants
shared by dstro007 on 20 Sep 15 - No Cached
  • Weak remote security and passwords contribute to 94 percent of point-of-sale (PoS) breaches
  • The report found that much of the food and beverage and hospitality compromises were due to the dependence on remote access software to remotely manage locations and payment systems.
  • But many times, remote access software were deployed with weak or default credentials, making them a prime target for criminals.
  • ...4 more annotations...
  • In a breakdown of types of IT environments most frequently compromised, POS systems and assets were associated with 95 percent of breaches in the food and beverage industry
  • One example is the breach of Eataly,
  • The company reported that their Manhattan retail location was hacked and malware was installed to capture payment card transaction data.
  • The conclusion is, remote access credentials appear to be a common theme among most POS breach cases, which calls for a specific technical approach to eliminating this risk and the liability of weak authentication security for remote application logins.
  • dstro007 on 20 Sep 15
     
    In a report generated by Trustwave Global Security shows that about 94% of POS hacks are contributed by weak remote access. The hospitality industry seems to have taken the hardest hit. We know of the grueling schedules that come with working in our industry and how we all can't be there seven days a week. So when management are in the comfort of their relaxation area and remotely access the POS systems, they seem to be leaving the doors open for hackers to enter, as well. "In a breakdown of types of IT environments most frequently compromised, POS systems and assets were associated with 95 percent of breaches in the food and beverage industry" (Pham). One popular hospitality establishment that has reported a breach is the New York location of Eataly. The thought process behind why these hacks are happening has not been figured out yet, but the idea has been tossed around that it is because of the credentials used to remote access. The temporary solution is to create a double layer security system, also known as two-factor authentication. By doing it this way, you can log in using your credentials, but then have a second login that needs to be verified by way of sending codes and authentications to technologies that you would have in your possession (cell phones, emails, etc.) so no one else can access that information.
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Use proximity marketing without alienating potential customers - The Business Journals - 0 views

www.bizjournals.com/...ity-marketing-effectively.html
shared by anonymous on 30 Sep 15 - No Cached
  • How to use proximity marketing without alienating potential customers
  • In the past couple of years, several advertising networks have begun offering location-based ads in the form of proximity marketing
  • This strategy involves serving content to potential customers when they're near a certain location, and it can be tricky to create relevant content that doesn't feel intrusive to users.
  • ...7 more annotations...
  • It's very likely that U.S. marketers are planning to invest in proximity marketing at comparable rates.
  • If people aren't automatically happy about location-based targeting, marketers can compensate by including the things they do like in the ads.
  • For example, 76 percent say they browse in-store because they want to see and touch the item before buying online, and 65 percent say they browse online but purchase in the store because they don't want to pay shipping costs.
  • A clever way to combine these facts for a proximity ad is to keep popular items that people want to try in stock and have them at a price that is lower than the price they would pay with shipping from an online retailer.
  • One thing marketers should avoid doing is drawing attention to the fact that they're using location-based marketing. An ad that says, "We know you're nearby," overtly or subtly, can be off-putting to customers.
  • Proximity marketing is a great tool for businesses that want to use the Internet and mobile marketing to boost foot traffic and sales to their business.
  • However, like all marketing tactics, it's important to use these tools wisely to boost profitability without making people feel that their privacy was intruded.
  • anonymous on 30 Sep 15
     
    Greetings everyone! Proximity marketing is a great success for the companies to share their items available for sale or use. This is also a great way to communicate with the customers from a distance and to have them feel part of the family, an important part. it is interesting how it works and detects users on a radius, but it is also very important to yet be a little distanced and keep customer's confidence safe at the same time. I found this article interesting ...
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Apple Point-of-Sale Upgrade Signals Better Security, NFC Access - 0 views

www.forbes.com/...als-better-security-nfc-access apple POS technology NFC
shared by ypere044 on 02 Jun 14 - No Cached
  • EasyPay mobile point-of-sale (POS) system
  • the company has taken a pre-emptive strike to ensure the security of customer credit card transactions and prepare for the future possibility of contact-less credit card purchases
  • the device accepts chip-and-pin (EMV) cards, which offer the current maximum level of account security.
  • ...1 more annotation...
  • NFC-equipped smartphone might be tapped to exchange information with the EasyPay device.
  • ypere044 on 02 Jun 14
     
    This article introduces the upgrade to the EasyPay mobile POS system used in the US by Apple. The company has improved it's POS system by choosing to use new hardware (the iPhone 5s) and enhancing the hardware with a hard shell, accepting chip-and-pin (EMV) cards as well as a pin pad, and a Near Field Communications (NFC) feature in which smart phones may exchange information with the EasyPay. The article also talks about the future of chip-and-pin cards, Visa and MasterCard may be forced to begin using chip-and-pin cards by October of 2015. There is also talks of Apple including NFC features in their phones making it easier for guests to pay, share pictures and documents. 
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