With Edeka's Netto, another German discounter is testing self-scanning with customers' smartphones. The team of IT Managing Director Claus Leitl deliberately relies on a proprietary development that is fully integrated into Netto's customer app.
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GK Software SE is a leading global provider of cloud solutions for the international retail industry and one of the fastest growing companies in its field. The cornerstones of the company are self developed, open and platform-independent solutions. Thanks to its comprehensive product portfolio, 22 percent of the world’s 50 largest retailers currently rely on solutions from GK. The company’s customers include Adidas, Aldi, Coop (Switzerland), Edeka, Grupo Kuo, Hornbach, HyVee, Lidl, Migros, Netto Marken-Discount and Walmart International. GK has subsidiaries in the U.S., France, Czech Republic, Switzerland, South Africa, Singapore, Australia and holds ownership or majority stakes in DF Deutsche Fiskal GmbH, GK Artificial Intelligence for Retail AG and retail7, among others.
GK was founded in 1990 and was listed on the German stock exchange from 2008 to 2023. During this time, the company grew more than tenfold. GK generated revenues of 152.1 million EURO in 2022. In addition to its headquarters in Schöneck, the group now operates 16 sites worldwide. GK’s goal is to become the leading cloud solutions company in the retail industry worldwide, enabling consumers on all continents to enjoy the best possible shopping experiences.
In 2023, GK entered into a strategic partnership with the Japanese technology group Fujitsu. Under the partnership, GK and its more than 1,200 employees will remain independent and continue to pursue their entrepreneurial goals. At the same time, the partnership creates significant growth opportunities for both sides, which will be jointly pursued to develop an even more robust ecosystem for unbeatable trading technology that is innovative and sustainable.
Further information about the company: www.gk-software.com
Although the retail industry in Germany has enough problems with the temporary reduction of sales tax, the Federal Ministry of Finance is refusing to extend the first deadline for the difficult conversion of the cash register system to tamper-proof security against tax fraud. Against the will of five federal states, which are now extending the deadline at least in exceptions.
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