Article content
Lightspeed POS Inc. is moving to broaden its acquisition strategy beyond its point-of-sale origins as it aims to push deeper into e-commerce in the post-pandemic world.
The Montreal-based software provider, which makes cloud-based products for small and independent retail, restaurant and golf businesses, has grown rapidly since going public two years ago, fuelled in large part by acquisitions. Since November, Lightspeed has integrated three global rivals but is now looking to different segments and geographical markets in an attempt to scale up to compete more directly with online retail giants such as Amazon.
We apologize, but this video has failed to load.
Lightspeed acquires New Zealand retail-tech company for US$350-million, extending acquisition spree theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Restaurant Management Software Market by Deployment and Geography - Forecast and Analysis 2020-2024
The growing focus on improving customer relationships is one of the major factors propelling the market growth. However, complications associated with transitioning from traditional systems might challenge growth.
Global Restaurant Management Software Market: Deployment
Based on the deployment, the market generated maximum revenue in the on-premise segment in 2019. On-premise deployments allow real-time monitoring of restaurant management software solutions and ensure complete security of enterprise data, such as source codes, version enhancements, and source code change histories. These factors are fueling the growth of the on-premise segment. The market growth in this segment will be significant over the forecast period.
Horizon Technology Finance Announces Fourth Quarter and Full Year 2020 Financial Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Rather than retreat during the COVID-19 crisis, retailers and restaurants realized they needed technology of the kind that Lightspeed provides more than ever