GK Software SE is a listed technology company headquartered in Schöneck/Vogtland. The company specializes in software and services for the operation of large retail company branches. GK employs about 1,114 individuals at sixteen locations worldwide. The name stands for the initials of the two founders of the company, Rainer Gläß and Stephan Kronmüller. According to the fiscal year 2021 annual report, GK Software achieved revenue of €130.8 million.

History

Rainer Gläß and Stephan Kronmüller founded G&K Datensysteme GmbH in Schöneck/Vogtland in 1990. After successful growth, the company was converted into a stock corporation in 2001 and in 2008 went public in the

Prime Standard The Prime Standard is a market segment of the Frankfurt Stock Exchange that includes companies which comply with transparency standards higher than those of the General Standard, which is regulated by law. The Prime Standard includes quarterly repor ...

of Deutsche Börse. Solquest Gmbh was acquired by GK in 2009. In 2012, the acquisition of the AWEK Group considerably reinforced the services business segment of the company. GK Software acquired the retail segment of DB
Data Business Systems Inc
, a US-based

Point of Sale The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice f ...

software specialist, in 2015. In the fall of 2017, GK Software announced that it would acquire a majority stake in AG's prudsys. The company with Chemnitz and Berlin locations is specialized in creating real-time personalization solutions in retail software. Artificial intelligence is used for this purpose. Since September 2022, prudsys AG has been trading as GK Artificial Intelligence for Retail AG within the GK Group. Deutsche Fiskal is a wholly-owned subsidiary of GK Software and was founded in 2019 to develop and operate an open cloud solution to implement legal requirements within the framework of German fiscalization. The Berlin-based company draws on the development resources and expertise of GK Software, whose solutions meet the legal requirements of local tax authorities in over 20 countries. The Fiskal Cloud and Fiskal Cloud Offline solutions are developed in close partnership with

Bundesdruckerei Bundesdruckerei ("Federal Press", short form: BDr) produces documents and devices for secure identification and offers corresponding services. It is based in the Berlin district of Kreuzberg. In addition to complete passport and ID card syste ...

and are available to all retailers and providers of recording systems (e.g., cash registers). 2020 saw the founding of retail7 GmbH, which develops and sells a cloud POS system optimized for small and medium-sized companies. In addition to the Berlin headquarters, there are additional locations in Jena, Pilsen, and Schöneck. In 2010, CEO Rainer Gläß was awarded the

Ernst & Young Ernst & Young Global Limited, trade name EY, is a multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and Pricewaterh ...

business award as entrepreneur of the year. The Munich Strategy Group awarded GK Software a third place rank on the list of the most successful German mid-size enterprises in 2013. The company maintains sixteen locations in

Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...

, as well as in

South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countri ...

, the

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Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...

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and in the

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. The company distributes standard and cloud-based software solutions for the retail industry under the name GK CLOUD4RETAIL. This includes software for

(POS), Backoffice, merchandise management, Store Device Control,

sales promotion Sales promotion is one of the elements of the promotional mix. The primary elements in the promotional mix are advertising, personal selling, direct marketing and publicity/public relations. Sales promotion uses both media and non-media marketing ...

, administration of

vouchers A voucher is a bond of the redeemable transaction type which is worth a certain money, monetary value and which may be spent only for specific reasons or on specific goods. Examples include house, housing, travel, and food vouchers. The term vouc ...

, automatic

label A label (as distinct from signage) is a piece of paper, plastic film, cloth, metal, or other material affixed to a container or product, on which is written or printed information or symbols about the product or item. Information printed dir ...

printing, Open Scale and Monitoring. In 2009,

SAP Sap is a fluid transported in xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant. Sap is distinct from latex, resin, or cell sap; it is a separa ...

initially took over the

distribution Distribution may refer to: Mathematics *Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations * Probability distribution, the probability of a particular value or value range of a vari ...

of two products. This has now extended to five products, whose distribution is aimed globally since 2013. In January 2020, GK Software announced a technology partnership with Kronos Incorporated to embed Workforce Dimensions suite into the OmniPOS platform.

References

{{Reflist, colwidth=30em Software companies of Germany Companies based in Saxony Multinational companies headquartered in Germany German companies established in 1990