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NCR Voyix (NYSE: VYX) has launched Aloha Pay-At-Table, a solution powered by sunday to simplify restaurant payments. This technology allows diners to pay using their smartphones by scanning a QR code, viewing their bill, splitting costs, and tipping within 10 seconds. Initially tested in 2021 across 23 European locations, the system now supports over 2,000 restaurants globally, impacting 50 million guests annually. It integrates seamlessly with NCR Voyix's Aloha POS, reducing wait times and improving efficiencies for guests, staff, and restaurant owners. Key benefits include a 10% increase in server tips, saving an average of 15 minutes per table, and valuable data insights for restaurant operators.
NCR Voyix (NYSE: VYX) has launched the Aloha Kiosk, powered by GRUBBRR, aimed at assisting restaurant operators who are struggling with labor shortages and rising costs. The kiosk, integrated with the NCR Voyix Commerce Platform, provides a seamless data flow and enhanced omnichannel ordering. Benny Tadele, EVP & President of NCR Voyix, emphasized that the kiosk reduces staff stress and enhances customer experience. GRUBBRR CEO Sam Zietz highlighted its operational efficiencies and potential revenue boost. With two-thirds of Americans favoring self-service kiosks, this technology could significantly impact the restaurant industry. The Aloha Kiosk aims to address labor challenges and escalating costs by providing flexible workflows and improving order accuracy, potentially increasing ticket values by 12%-22%.
NCR Voyix (NYSE: VYX) has appointed James G. Kelly as its Executive Chair, moving from his previous role as Independent Chair. The company's Board of Directors also appointed Kevin Reddy as the lead independent director. This move aims to enhance the executive leadership team following the spin-off of its ATM-related businesses in October 2023.
NCR Voyix reported financial results for the first quarter of 2024, showing a decline in revenue and net income compared to the previous year. Despite this, the company highlighted positive growth in software and services revenue, total segment ARR, and software ARR. The CEO emphasized the focus on customer conversions and new client acquisitions to drive profitable growth. The company also provided financial outlook for the full year 2024, reiterating guidance for total revenue, software & services revenue, hardware revenue, adjusted EBITDA, and adjusted free cash flow. NCR Voyix emphasized non-GAAP measures in the release and announced an upcoming earnings conference call.
Pressed Juicery has chosen NCR Voyix to enhance guest experience through innovative technology. By adopting the Aloha Cloud platform, Pressed Juicery aims to streamline operations, elevate guest service, and modernize its tech infrastructure. The partnership with NCR Voyix empowers Pressed Juicery with a versatile platform that unifies brick-and-mortar outlets with e-commerce channels, providing comprehensive insights and enhancing decision-making capabilities.
NCR Voyix (NYSE: VYX) and Olo (NYSE: OLO) are expanding their partnership by integrating Olo solutions onto the NCR Voyix Commerce Platform. This collaboration aims to enhance the guest experience for restaurants of all sizes by simplifying ordering and payments through digital solutions. The integration will enable restaurants to deliver exceptional guest experiences by leveraging technology and data collection.
NCR Voyix (NYSE: VYX) will release its first quarter 2024 earnings results on May 9, 2024, before the market opens. The company, a global leader in digital commerce solutions, will host a conference call at 8:00 a.m. ET on the same day to discuss the financial results. Investors can join the call by dialing in or accessing the live webcast on the company's investor relations website.
