Over the last few years, the retail automation/POS equipment market has turned into a hotbed of change. Retail in-store POS systems continue to evolve as an increasing number of retailers embrace wireless technology, new operating systems, thin client architectures, and retail standards to support increased POS system functionality/flexibility, improved customer service, greater operational efficiency, and quicker access to POS information. Although often considered a mature and saturated industry, GISIL is expecting the retail automation/POS equipment market to provide substantial growth opportunities in the coming years.

DoS driven Low Cost Devices

Using its DOS technology, GISIL aims to revolutionize the POS and retail automation market by providing devices at a much lower cost while ensuring that quality and functionality are not compromised. Low-end POS devices presently available in the market are in the excess of USD 200 per unit. GISIL aims to make the same devices available for a sub USD 100 price point by using its patentable Device Optimization through Software technology. GISIL reduces the hardware Bill of Materials by over 30% and replaces them with soft-chips or software components while ensuring that the functionality and reliability of the POS is not compromised.

This price point can be further brought down on the basis of a “volume commitment” for large volume requirements where a price point of in the range of USD 70 per unit is also achievable. These figures translate to staggering amounts of savings for the end users of the POS terminals worldwide. In a scenario where a million low-end devices are sold in the international market every year, the retail market will save over a billion dollars annually!

Low Footprint Application Micro-Browser

Using its proprietary technology, GISIL provides a low footprint micro-browser capable of delivering application content on the devices.

GISIL’s Application Micro-Browser is optimised so as to display content most effectively for small screens on portable devices. Application Micro-Browser compresses and strips down content to accommodate the low memory capacity and low-bandwidth of wireless devices.

GISIL’s Application Micro-Browser has been designed keeping usability as a primary goal and to ensure speedy delivery of content in a secure, user friendly manner. It also supports encryption of data using either SSL 3 or TLS, both of which are highly secure encryption protocols