GK SOFTWARE AG Presents The First POS Solution for Retail Stores Worldwide Leveraging SAP HANA®

(PresseBox) ( Schöneck, )
GK SOFTWARE AG, an SAP® software solution and technology partner in the retail sector, will be exhibiting the first Point-of-Sale (POS) solution worldwide on the SAP HANA® platform at the SAPPHIRE® NOW conference being held in Madrid, November 13-15. This solution will enable retail customers to use the latest technologies down to the POS system level. This will result in a wide variety of potential savings and opportunities for optimizing performance, helping customers to address business-critical challenges in the retail sector.

At SAPPHIRE NOW, GK SOFTWARE (booth 1018) will be holding several roundtable discussions, a microforum and a presentation highlighting the benefits resulting from the cooperation with SAP in extending solutions from GK SOFTWARE. One presentation will highlight the SAP Point-of-Sale application by GK leveraging the capabilities and benefits of SAP HANA. By integrating with SAP HANA, the application will reduce the time needed to access information critical to a retailer's business, leading to better optimized retail operations.

Michael Jaszczyk, CTO at GK SOFTWARE, commented: "SAP HANA will have a massive impact on retail. We believe it is truly the enabling platform that will unleash the power of omni-channel services in cloud environments."

SAP HANA is a completely re-imagined platform for real-time business. It transforms business by streamlining transactions, analytics, planning, predictive and sentiment data processing on a single, in-memory database so business can operate in real time.

"The utilization of SAP HANA provides our retail customers with the tools needed to positively impact and effectively run their retail operations in a way that best serves their customers," said Thomas Vetter, senior vice president, Retail & Multichannel Product Management, and Lori Mitchell-Keller, senior vice president and head of Global Retail Industry Business Unit, SAP. "Our partnership with GK Software is an important component of the SAP Retail solution portfolio. Our strategic relationship has been further strengthened by the development investment GK Software has made in integrating SAP HANA with its solutions. Leveraging SAP HANA is yet another step to optimize our end-to-end solution portfolio for retail customers."

SAP, SAP HANA, SAPPHIRE and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.

All other product and service names mentioned are the trademarks of their respective companies.

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Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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