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Patrick Ennis
UBS Funding Financial institution, Analysis Division
Nice. Okay. So let’s simply dive into type of possibly an intro to PAR. So for these much less acquainted to the PAR story, it could be useful so that you can give a quick overview of the corporate, the completely different segments of the enterprise, among the high-level developments within the enterprise POS enterprise and simply the aggressive panorama as nicely.
Savneet Singh
CEO, President & Director
There’s loads there. Okay. So we promote software program to massive restaurant chains, primarily within the fast service, quick informal class. We’re — we kind of promote to 2 purchaser personas, CIOs, which is level of sale and again workplace; after which Chief Digital Officers or CMOs, which is buyer engagement software program like loyalty and on-line ordering.
The kind of the foundational thesis of our firm is that eating places have gotten extra digital, and we consider the way in which for them to turn out to be digital is thru a extra built-in resolution versus a bunch of level options.
So what eating places have performed over time has been, let me go purchase a point-of-sale product right here, let me go purchase an internet ordering product right here, a loyalty product right here, very disjointed
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