28.11.2012 Views

Vectron Systems AG

Vectron Systems AG

Vectron Systems AG

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Vectron</strong> <strong>Systems</strong> <strong>AG</strong><br />

Strategy<br />

With its unique business focus and sophisticated product portfolio, <strong>Vectron</strong> brings<br />

almost two decades of experience to the development of intelligent POS systems.<br />

<strong>Vectron</strong> offers a sophisticated product portfolio and is positioned as premium<br />

provider with special emphasis on SMEs. The company embarked multi-pronged<br />

strategy based on <strong>Vectron</strong>´s dual platform approach.<br />

Strategic elements<br />

Product portfolio<br />

enhancement:<br />

� New product<br />

innovations<br />

� Improved version of<br />

existing products<br />

� Value adding features<br />

and suplementary<br />

innovations<br />

Source: CBS Research <strong>AG</strong><br />

Product portfolio enhancement<br />

The diversification of the product portfolio with new innovations as well as the<br />

introduction of new versions of its existing products is one of the key elements of<br />

<strong>Vectron</strong>´s strategy. In doing so, the company intends to tap new niche segments<br />

and price categories which have been neglected by <strong>Vectron</strong> in the past. With the<br />

expansion of its product portfolio <strong>Vectron</strong> aims to expand and diversify its customer<br />

basis by entering new niche segments.<br />

New innovations and further value adding product improvements shall not only<br />

attract new customer, but also increase the incentives for existing customers to<br />

replace their existing systems. Given an installation basis of more than 100,000<br />

systems, the company aims to monetise on this hidden potential within its existing<br />

customer basis. Therefore, a reduction of the overall product life cycle by means of<br />

revolutionary innovations would result in significant revenue streams in the midterm.<br />

Main innovations are expected to occur predominantly in following fields:<br />

� Internet-based applications: The integration of internet into the POS<br />

<strong>Systems</strong> enabling online reservation or online orders etc.<br />

� New hybrid and mobile devices allowing for a higher flexibility in service<br />

� New supplementary innovations such as <strong>Vectron</strong> Service Call – An<br />

innovation which allows the guests in a restaurant to call for the waitress<br />

by pressing the button on the battery-operated, wireless table transmitters<br />

suffices. Moreover, it is able to improve the communication between the<br />

kitchen and the service staff<br />

� Security and tax related product improvements (e.g. Fiscal memory chip)<br />

www.cbseydlerresearch.ag<br />

<strong>Vectron</strong> <strong>Systems</strong> <strong>AG</strong><br />

International business<br />

expansion:<br />

� Pan-European<br />

business expansion<br />

� Mid-term objective:<br />

Leading European<br />

market player<br />

Dual platform strategy: One software for various industries and applications<br />

Distribution and<br />

Marketing:<br />

� Implementation of<br />

an international<br />

disttribution network<br />

� Improved product<br />

awerness<br />

Three-pillar strategy<br />

<strong>Vectron</strong> intends to tap<br />

new product and<br />

customer niches<br />

Revenue potentials<br />

within existing<br />

installation basis<br />

Close Brothers Seydler Research <strong>AG</strong> | 17

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!