) has recently won a contract from the University of
Wisconsin-Madison (UW-Madison). The university will be using NCR
Venue Manager in four athletic facilities. NCR's solution is
expected to increase the university's revenue and improve the
The integrated solution is expected to be installed in January
2013. This will help the university's venue staff to better
manage, plan and run events efficiently, thereby improving
NCR continues to roll out new products to attract customers
and win new deals. The company is also focusing on its core ATM
business, which is seeing an improvement in business volume as
regional banks are upgrading their ATMs. This is another way in
which the company is expected to attract more customers.
Moreover, the company is also pursuing acquisitions to attract
new customers and grow the business overall. The
recently-acquired Radiant Systems is making a meaningful
contribution. This apart, the company is also tightening its grip
on the ATM and Point-of-Sale (POS) markets in Europe,
particularly in Germany, as is evident from the flow of new
orders from this region.
The company is constantly evolving its business strategy to
increase profitability. Moreover, given the integration of
Radiant Systems and favorable position in Germany, the company's
revenue is expected to increase going forward. Although the
restructuring initiatives have begun impacting results and demand
is picking up, we believe that it will be some time before this
has a meaningful impact on results.
We remain highly positive about NCR's position in the ATM
market. However, the company faces competition from the likes of
Currently, NCR has a Zacks #3 Rank (Hold).
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