) 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 its
The integrated solution, to be installed this month, will help
the university's venue staff to better manage, plan and run
events efficiently, thereby improving customer satisfaction.
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 gaining from increasing demand at regional
The company is also pursuing acquisitions for growth and to
attract new customers. The recently acquired Radiant System is
also making a meaningful contribution to its business volume.
This apart, the company is also tightening its grip on the ATM
and Point-of-Sale (POS) markets in Europe, particularly in
Germany. New orders are flowing from this geographic region as
NCR is also taking steps to improve profitability. Although
the restructuring initiatives have begun impacting results and
demand is picking up, we believe that it will take some more time
to have a meaningful impact on results.
We remain highly positive about NCR's broad exposure in the
ATM space. However the company faces competition from the likes
and Wincor Nixdorf.
Currently, NCR has a Zacks #3 Rank (short-term Hold
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