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by callmeed 4672 days ago
In the POS 2.0 space (referring to new, tablet/cloud services), how many players will survive 5 years down the road?

Is this a "winner take all" or "winner + 2nd place take all" space?

I feel bad for the local cafe that hitches their wagon to an eventual loser–especially if their data is locked in.

2 comments

I think most of the newfangled POS vendors will help migrate data across. Maybe not historical sales data, but certainly inventory. I also think it's not long before everyone can search local inventories nearby. Unless one of them dominates from the beginning, I can see many POS + web front ends competing for a long time.
My counter to your first argument is this: if someone's proprietary digital wallet service takes off (like Square's) or someone with a huge base of users with payment data (read: Apple or Amazon) gets in the space, all other POS vendors will get hammered by churn.
Speaking of the space. Are there any card readers that lets you bring you own payment processing? Would love roll my own POS software but have yet to find a card reader that has an open API.