Press Release

Cloud Computing and Point-of-Sale: A revolution is underway as payments industry explores new options for solution delivery


March 26th, 2010

Global Information would like to present a new market research report, "Cloud Computing and Innovation at the Point-of-Sale: Toward the Cloud-Based vECR" by Mercator Advisory Group, Inc..

A revolution is underway as merchants make the transition towards cloud-based point-of-sale (POS) systems and applications. In this study, Mercator Advisory Group, Inc. focuses on vendor solutions operating on hosted technology in its evaluation of the ongoing shift toward cloud-based point-of-sales (POS) systems and application. In contrast with the generation of point-of-sale (POS) systems, which operated locally at the merchant level, new solutions for the point-of-sale (POS) market will increasingly depend on services and applications hosted within the secure data centers of providers.

This report also focuses on:

  • How the electronics payments industry have utilized network services and models since the early days of EDC machines
  • Security as the primary focus of payments solutions providers as "infrastructure increasingly migrates to the clouds".
  • Vendor solutions driving the point-of-sale are typically being brought to market via Software as a Service (SaaS) model, whereas card networks and merchant acquirers present their model of cloud computing services in either Infrastructure as a Service (IaaS) or Platform as a Service (PaaS) configurations.

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Global Information Inc.(GII) - specializing in market research provision for the vertical industries, GII offers expert independent recommendations of publications from hundreds of the globe's leading market research firms.

Product Code : 116195