Toshiba Global Commerce Solutions | August 09, 2022
The retail industry is evolving, and retailers seek new and innovative ways to meet consumer demands across channels. Toshiba Global Commerce Solutions is establishing a strategic presence in Frisco, Texas, to attract high-tech talent and technology partners for developing new solutions and incubating future innovation. As a hub for the company’s initiatives to meet the growing demand to reimagine the store of the future, the expanded footprint will:
Accelerate the company’s growth strategy through investments in cloud development, computer vision and retail IoT
Increase the company’s commitment to technology partnerships to incubate new retail innovation
Broaden capital investments, including a new team dedicated to mergers & acquisition
"As a recognized leader in digital transformation in the retail industry, we are focused on providing scalable, customer-centric solutions that deliver optimized experiences to meet consumers when, where and how they shop, While many tech companies are cutting back, we are investing significantly and expanding to meet new demand created by our commerce platform recognized for accelerating digital transformation to deliver an exceptional retail experience."
-Rance Poehler, president and CEO, Toshiba Global Commerce Solutions.
Supporting its investment in digital retail transformation, Toshiba is recruiting people with cloud, microservices, and edge computing skills to drive innovation and development of its ELERA™ unified commerce platform, enabling the evolving technology needs of the world's largest retailers. The company is also expanding its collaboration with innovators who have best-in-class solutions that demonstrate unique value to retailers.
"We are nurturing the incubation of ideas to innovate and advance our industry-recognized retail solutions like ELERA, Toshiba's open, modular platform for unified commerce. Its core value is its ability to help retailers become more agile and resilient in the face of change, Part of our strategy includes engaging emerging startups in the region to expand our ecosystem. Our investments in IoT, data analytics and computer vision enable retailers to provide a consistent, compelling experience for consumers, whether they shop in-store, at curbside, on their mobile device, or at home."
-Mike Yeung, Executive Vice President and CTO, Toshiba Global Commerce Solutions.
Toshiba will initially bring 50 new jobs to the area in 2022, with plans to triple that number over the next two years. "We are thrilled to welcome Toshiba Global Commerce Solutions to Frisco," said Frisco Mayor Jeff Cheney. "Toshiba's research and development expansion brings new corporate innovation jobs that will provide great opportunities for Frisco residents and further expand our tech ecosystem. This is a big win for Frisco and adds another internationally recognized brand to our rapidly growing portfolio of top-tier companies."
With 150 new jobs planned over the next two years, Toshiba Global Commerce Solutions’ new innovation hub in Frisco is great news for North Texans looking to capitalize on exceptional tech opportunities offered in our state, said Governor Greg Abbott. “Texas is the top state for high-value business investments because companies like Toshiba are attracted to our unmatched business climate and highly-skilled, diverse workforce. I look forward to working alongside Toshiba as we further cement Texas’ position as a global leader in technology and as the top state for tech jobs growth in the nation.
The company's Durham, North Carolina location continues to serve as the global headquarters driving these global investments and growth strategies. The greater Dallas area was a strategic choice for the company's expansion because it is a central hub enabling rapid connectivity to our other development centers in Raleigh/Durham, Guadalajara, Mexico, Singapore, Taipei, Tokyo, and cities across Europe.
The Toshiba Global Commerce Solutions office is in Hall Park – 3201 Dallas Parkway, Suite 600, Frisco, Texas 75034. The sixth-floor 14,341 square foot space features 15 offices, four conference rooms, 51 workstations, a break area, and a lounge. Additionally, employees will have access to Hall Park's amenities, including a state-of-the-art fitness facility, cafe, lounge, walking trails, electric vehicle charging stations, and more.
About Toshiba Global Commerce Solutions:
Toshiba Global Commerce Solutions is a global market share leader in retail store technology and retail’s first choice for unified commerce solutions. Together with a global team of dedicated business partners, we advance the future of retail with innovative commerce solutions that enhance customer engagement, transform the in-store experience, and accelerate digital transformation.
POS SOLUTIONS,POS RETAIL
HiStone | August 08, 2022
ERA HK960, its next-generation POS model, built to drastically improve customer satisfaction via enabling businesses with more flexible, efficient, and secure POS services. Enhanced feature-rich functionality of HK960 coupled with high-end design are geared to meet employees' and customers' expectations while driving better user and shopping experiences. The flagship HK960 POS product has been developed to achieve the core retail and hospitality business goal — to avoid long hours of operations making the customer service faster than ever.
"Customers evolve as they need more secure and personalized services that drive more value to their shopping experiences, This new paradigm stimulates us to deliver the most efficient, market-ready POS solutions that generate business growth and bring customer satisfaction."
-Alex Barannik, Business Development Director at HiStone.
Ultra-thin bezel combined with high brightness
The ultra-thin bezel of just 1.1 cm makes the screen look stylish and corresponds with the time.
The model edges are 1cm and 1.5 cm only; this is why the screen ratio is 82% — HiStone offers your staff the highest possible field of view.
The technology update is more comfortable for the eyes
Next-level power features inside a small, elegant box
The model gets Intel Tiger Lake UP3, the 11th generation of Intel's CPU. The i3-1115G4E with a clock speed from 2.2 GHz to 3.9 GHz is powerful enough, being much more efficient for everyday operations in the long run. HK960 has one of the highest turbo speed (up to 4.2 GHz).
Furthermore, the tech innovative model receives enhanced DDR characteristics: clock speed of 3200 MHz and bandwidth of 31 Gb/s. The response speed is among the core characteristics of POS machines - a few seconds are entirely enough to open the app, display pages, and complete settlement.
HiStone understands the importance of the highest, watertight security; this is why the flagship model utilizes a dual LAN Port connection. HiStone equipped its ultramodern POS machine with 50 000 hours of Mean Time Between Failure. And that sounds quite impressive.
HiStone is among the top world-known developers of retail and hospitality solutions with more than 30-year-experience on the market. All-in-one POSs, box and mobile POS systems, self-checkouts, and other products are available for business.
POS SOLUTIONS,POS RETAIL
InComm Payments | August 04, 2022
Real Time Technologies, Inc (RT²), a leading enterprise software platform company delivering retail activation, point-of-sale (POS), business intelligence and inventory management solutions to the wireless industry, has completed the strategic acquisition of InComm Agent Solutions, Inc (IAS), a subsidiary of InComm Payments, an innovative global payments technology provider.
IAS, formerly Qpay, originally launched in 2002 specializing in customizable payment and technology solutions. It quickly became the payment processor of choice for retailers, master agents and wireless carriers before being acquired by InComm Payments in 2010 and rebranded as IAS in 2015. IAS joins RT² having improved the prepaid and payment landscape for three very important groups over many years – retailers and agents, wireless carriers, and consumers. IAS is set to be elevated as a core pillar in RT²’s value proposition, augmenting its existing flagship POS, business intelligence, and inventory management solutions to bring innovation, choice, and certainty to wireless carriers, retailers and agents, and consumers in more places.
Real Time Technologies (RT²)
RT² started in 2001 as a proprietary POS solution for a national wireless retailer who sold all four U.S. National Carriers (AT&T, Sprint, T-Mobile, and Verizon). This national multi-carrier retailer faced unique challenges managing all of the different business rules and commissions reconciliation for each carrier. RT² was able to customize a solution that would later set the stage for its flagship POS product. Fast forward to the end of 2021 and RT² was ranked No. 1,981 by Inc. magazine on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies.
With the addition of IAS, RT² solutions will be provided in over 13,000 wireless retailer locations nationwide where $10 billion of commerce is done each year, making RT² the largest wireless retail management provider in the U.S. The purchase of IAS immediately expands RT²’s geographic serviceable areas with their technology solutions beyond the U.S. into Canada and Puerto Rico. This transaction catapults RT² into the leading position to deliver a fully integrated, real-time, software-defined solution for the thousands of wireless retailers and agents looking for an edge on operational efficiency and customer experience.
“We are both excited and grateful to have the opportunity to bring these two critical technologies together under the one roof. We now have end-to-end visibility of the customer transaction, closing an important gap in the market, This deal allows RT² to be a one-stop enterprise commerce solution for carriers, retailers and distributors alike, helping them productively ignite new business. One of our core commitments to customers is to enable them, through best-in-class real-time software solutions, to spend more time in their business than on their business. Adding this critical FinTech platform via IAS takes that commitment to a new level that we are excited to deliver, We would also like to welcome the team from IAS, who are joining us on the next part of their professional journey. RT² prides itself on having the strongest team in the business, and the IAS team is no different. I’d like to sincerely thank InComm Payments for their trust, support, and cooperation throughout this deal and I look forward to continuing our friendship well into the future.”
-Omar Azrag, CEO of RT².
This transaction brings us one step closer on our path to ubiquity in the wireless industry, said Ali Koumaiha, Founder of RT².
As we develop the next generation of financial technology solutions and grow our payments platforms into new industries, we sought a business that would enable IAS to continue delivering quality service and expertise to wireless carriers, agents and consumers, said Stefan Happ, President of InComm Payments. We thank the IAS team for their dedication and look forward to seeing them grow under RT2.
About Real Time Technologies (RT²):
RT² offers the most flexible cutting-edge Retail Management Solutions that encompass sales, inventory management, frontline employee management & engagement, business intelligence, and digital automation tools for the wireless space. We support Fortune 500 companies unify their customer experience and remove pain points across multiple retail touch points. RT² prides itself on fostering a family culture and a dynamic work environment where team members are set up to make meaningful contributions across the organization.
About InComm Payments:
InComm Payments is an innovative global payments technology provider. Leveraging dynamic technology and proven expertise, InComm Payments delivers enhanced end-to-end payment platforms and emerging financial technology solutions through a single integration, helping businesses grow across a wide range of industries including retail, healthcare, tolling & transit, incentives, mobile payments, digital currencies and financial services. By enabling omnichannel connections and alternative payment options to an ever-expanding consumer base in an increasingly digital ecosystem, InComm Payments creates seamless and valuable commerce experiences across the globe. With three decades of experience, over 525,000 points of retail and online distribution, 420 global patents and a presence in more than 30 countries, InComm Payments leads the payments industry from its headquarters in Atlanta, Ga.