Shinsegae I&C Presents a New Vision for Future Retail Technology with CloudPOS at the EuroShop 2020
February 17, 2020 at 09:00 am EST
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Shinsegae I&C announced that it will unveil a new vision for the future of retail technology at the EuroShop 2020, one of the largest global exposition on the retail business, set to take place in Dusseldorf, Germany for five days from February 16 – 20. Shinsegae I&C exhibits a wide array of retail technology at EuroShop 2020, including the four key thematic items of CloudPOS (Cloud based POS) and Cloud Membership, Smart Vending Machine, Self-Checkout (SCO), and Shelf-Scanning Robot. The leading product that Shinsegae I&C is highlighting at this exposition is CloudPOS which received a lot of attention at NRF 2020 held in January in the U.S. It is a cloud-based solution that offers POS technology essential to the retail business. CloudPOS places various business logics of the POS such as credit card payment functions, mobile payment functions, membership services, and global payment services on the cloud server and allows corporate clients to pick and choose only the function they wish to use. Shinsegae I&C’s Self-Checkout has been developed to take various payment methods including credit cards, cash, and gift cards, while the Smart Vending Machine will allow the sale of a wide range of products from fresh produce, cosmetics to smart devices. These items will be exhibited in the experience zone configured by theme.
SHINSEGAE INFORMATION & COMMUNICATION Inc. is a Korean company mainly engaged in the information technology (IT) industry. The Company operates in three business divisions: IT outsourcing division, which provides system management services for Shinsegae group companies, and involves in the system development business; IT service division, which provides system integration (SI) services, system construction and operation services, and others, and distribution division, which provides game machines, game software, information equipment, mobile phones, as well as electronic data interchange (EDI) services and others. It also engages in the office rental business.