NCR Voyix Corp - Company Profile
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Business Description
NCR Voyix Corp (NCR), formerly NCR Corp, is a software and services led enterprise that provides consumer transaction systems and technologies. The company’s products and services include software and services and hardware, for the retail, financial, hospitality, and telecommunication and technology industries. NCR generates revenue from two sources, including products and services. In FY2023, services accounted for 67.7% of the company’s total revenue, followed by products (32.3%).
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R&D Overview
NCR's R&D focuses on designing and developing solutions in anticipation of changing technological needs and consumer preferences. As of December 2023, the company owned approximately 850 patents in the US and numerous other patents in other countries. The company has registered certain trademarks, including service marks, in the US and other countries. It operates four research and development and manufacturing facilities over an area of 0.2 million square feet. In FY2023, the company invested US$185 million on its R&D activities, which as a percentage of revenue stood at 4.8%.
Business Segments
Overview
Offers cloud-based and platform-based digital banking, sales and service solutions, account opening, and transactions and servicing solutions to financial institutions.
Performance
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Overview
Includes income and expenses associate with corporate functions.
Performance
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Overview
Offers technology solutions that improve operational performance, enhance customer satisfaction, simplify order and transaction management, and reduce operating expenses. It offer solutions for table-service restaurants, quick-service restaurants, and fast-casual restaurants.
Performance
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Overview
Offers cloud-based and platform-based software and services which includes store operations, consumer engagement, back-office data processing and insights, payments, third party API integration for partner ecosystems, physical endpoints in the form of hardware, point of sale software, self-checkout, frictionless software, and retail-specific edge application infrastructure management platform.
Performance
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Product Categories
Capital Expenditure
Reported revenue of US$1,077 million for FY2023, which decreased 5.9% YoY, and reported a CAGR of 0.4% during 2021-23. Accounted for 28.1% of the company's revenue in FY2023.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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