Earlier this week,
MICROS Systems, Inc.
) declared that its point-of-sale (POS) solutions platform has been
selected by the Village of Bridgeview, parent company of Toyota
Park. This was done with the clear intent of ameliorating
management and maintenance at an inexpensive price at the Chicago
Fire Soccer Club's home stadium of Toyota Park.
According to this contract, MICROS shall deploy its MICROS 9700
Hospitality Management System (HMS) with 92 Keyboard Workstation
270 (KW270) POS terminals, 5 Workstation 5A (WS5A) touchscreen
terminals and the MICROS Perpetual Inventory and Event Management
Solution. This prolific range of POS solutions is not only designed
to augment operational efficiencies pervasively in the stadium but
also provide state-of-the-art technologies at quite a reasonable
Undoubtedly, MICROS' renowned goodwill along with its
technologically advanced and flexible solutions platform has earned
it such a panegyric today. Management's constant desire to innovate
keeping the price factor in mind makes the company's products so
attractive for firms across industries today.
On May 15, 2012, MICROS was selected as the technology partner
of G1 Group plc for its large number of restaurants, bars, clubs
etc. across Scotland. Hence, contract wins are a perennial affair
for the company and is a major highlight of its quarterly
However, the company should not be complacent of such awards as
advances of this kind are prevalent across the industry it pertains
to. On June 5, 2012,
Mentor Graphics Corp.
) announced that its Olympus-SoC place and route system has been
selected by Hitachi, Ltd. for ASIC development on a large scale
basis. Thus, it would be wise for MICROS to remain wary of such
competitive moves in order to retain its formidable position in the
The company currently retains a Zacks #3 Rank, which translates
into a short-term 'Hold' rating. We also maintain a long-term
'Neutral' recommendation on the stock.
MICROS SYS (MCRS): Free Stock Analysis Report
MENTOR GRAPHICS (MENT): Free Stock Analysis
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