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The most important investment that a small restaurant or retailer must make is in a decent point-of-sale (POS) system to keep track of trends, orders and inventory. The rub is that any company in start-up mode probably doesn't have the upfront cash to spend on one. That's why Harbortouch Systems is giving its POS hardware and software away -- in exchange for a five-year commitment to its transaction processing services. You knew there was a catch, right? Especially since typical merchant agreements are usually in the three-year range.
Hanna-Barbera The foodservice industry is poised to outpace the economy for the 12th consecutive year with sales expected to reach $632 billion, a 3.5 percent increase over 2011, according to the National Restaurant Association. And restaurants will reinvest a lot of this money in technology that gives them an edge.
Apple has launched a countdown to its 25 billionth app downloaded from the App Store, but more is at stake than the glory of a historic download. The company is giving away a $10,000 gift card to spend in the App Store. Think of all the Zynga games — without the frequent pop-up ads of the free editions — you could by with that kind of money! What's strange about the giveaway is that you don't need to download anything to enter the contest. You can fill out an online form to be entered to win. The winner must agree to publicity, such as sharing your name, photo and some of your App Store picks with the Apple community.
In the latest monthly report from app analytics firm Distimo , the company delved into the revenue generating possibilites for apps sold through both Google’s Android Market and the Amazon Appstore. Looking at the top 110 apps available in both marketplaces, Distimo found some surprising data: 42 of those top apps made more money on Amazon’s store than in the more widely available Android Market. That the Android Market has its challenges when it comes to paid applications , is widely known. In fact, just the other day a friend was telling me how when she went to buy her first new smartphone, the Verizon rep was pushing Android devices because they “have more free apps” than the iPhone.
Antonio Bolfo/Reportage for The New York Times Pole has a master’s degree in statistics and another in economics, and has been obsessed with the intersection of data and human behavior most of his life. His parents were teachers in North Dakota, and while other kids were going to 4-H, Pole was doing algebra and writing computer programs.
Late last year I posted a blog item about big data and if/when it would present opportunities for storage vendors. I concluded by saying that, while it was a bit early for next-year prognostications, I expected to see the number of storage devices aimed at analytics applications blossom in 2011 with more storage vendors pursuing the opportunity. It's now 2011 and I stand by that prediction. However, at least three definitions of big data have blossomed since that posting: Big-data storage: systems that store really big (as in humongous) amounts of data Big-data analytics: systems that use new analytics processes to crunch really big amounts of data from multiple sources and deliver information in real or near real time Big-data storage that supports big-data analytics.
(Credit: Facebook) CAMBRIDGE, Mass.--Armies of entrepreneurs are trying to make money sifting through mountains of data from the Web and other sources, but one of the biggest challenges is simply getting control of the data in the first place Entrepreneurs at an event here this week said that the trend of "big data," or collecting and analyzing reams of information from varied sources, threatens incumbent technology providers and enables applications once considered impossible. Startups are harnessing massive amounts of data to generate personalized entertainment ideas, predict how media coverage will affect company stock prices, or analyze genomes in the search of new medical treatments.
The amount of stuff we trust to fly in and out of our smartphones is astounding . Just look at what happened when a couple of reporters got access to an unwitting (and rather unlucky) Apple employee’s iMessages alone — within days, they learned more about him than most people know about their closest friends. Now, imagine all the stuff that could fly in and out of a government official’s phone, or that of a highly-ranked member of the military. Forget saucy texts and booty pictures — we’re talking about state secrets, here. Looking to keep their secrets underwraps while on the go, the U.S government is working on a build of Android custom-tailored to meet their security requirements.
The recent news about Starbucks accepting mobile payments got me thinking about how merchants are starting to personalize the retail payment experience just like so many online merchants have done for the online shopping experience. Square is doing this for P2P in many ways: if you listen to Jack Dorsey speak on Charlie Rose, he talks about how " It's really complex to Make Something Simple. " What do you think the average order value is for a Starbucks Mobile user?
The days of the $500 college textbook bills are, it seems, over. With Apple’s announcement of iBooks 2 , the world of textbooks is changed forever. Education is a hard nut to crack. There are bright spots and clever new ideas, but technology hasn’t quite figured out how to do a better job than the “old ways.” That’s why Apple’s decision to launch iBooks 2 and the attendant editing tools is so important: it tears down a number of entrenched technologies while maintaining the scaffolding of familiarity.
Public Data Sets on AWS provides a centralized repository of public data sets that can be seamlessly integrated into AWS cloud-based applications. AWS is hosting the public data sets at no charge for the community, and like all AWS services, users pay only for the compute and storage they use for their own applications. Previously, large data sets such as the mapping of the Human Genome and the US Census data required hours or days to locate, download, customize, and analyze. Now, anyone can access these data sets from their Amazon Elastic Compute Cloud (Amazon EC2) instances and start computing on the data within minutes. Users can also leverage the entire AWS ecosystem and easily collaborate with other AWS users.
Rajat Suri was excelling at the Massachusetts Institute of Technology when he dropped out and became a waiter — not the typical direct path to fame and fortune in the technology industry. But then Suri took his restaurant and technology expertise to Palo Alto, raised three rounds of venture capital, including $4 million from the founders of Groupon, and took a seat at the increasingly crowded table of entrepreneurs mixing technology with food. Suri used his time as a waiter to study restaurant inefficiencies and to devise technological solutions. The result: his company, E la Carte , and an iPad-like tablet called Presto that allows diners to order and pay at their tables without server interaction and play games while they wait.
E la Carte , a company that develops a tableside tablet for the restaurant and related hospitality industries, has raised $4 million in funding from Lightbank, the venture fund created by Groupon co-founders Eric Lefkofsky and Brad Keywell. The Y Combinator-backed startup previously raised more than $1 million from angel investors including SV Angel, Dave McClure, Joshua Schachter, Roy Rodenstein, and Skip Sack, a former board member and SVP at Applebee’s chain of restaurants. As we’ve written in the past, E la Carte launched ‘Presto,’ earlier this year to bring user-friendly tablets to restaurants to bring efficiency to the tableside and ordering experience. The 7-inch tablet includes a digital menu that lets you sift through the restaurant’s food and drink selection via photos and detailed descriptions using a touch-screen interface. There’s also a section for Games, including trivia and a drawing app. And, finally, there’s a tab for paying.
Points of sale at a Target store Point of sale ( POS ) or checkout is the place where a retail transaction is completed. It is the point at which a customer makes a payment to a merchant in exchange for goods or services. At the point of sale the merchant would use any of a range of possible methods to calculate the amount owing - such as a manual system, weighing machines, scanners or an electronic cash register. The merchant will usually provide hardware and options for use by the customer to make payment - such as an EFTPOS terminal.