Frost & Sullivan Recognizes HP for Robust Growth in the Highly Competitive POS Systems Market

Frost & Sullivan Recognizes HP for Robust Growth in the Highly Competitive POS Systems Market PR Newswire MOUNTAIN VIEW, California, Oct. 10, 2012 - The company's well thought-out strategy has helped edge out fierce competition for customers and service provider relationships MOUNTAIN VIEW, California, Oct. 10, 2012 /PRNewswire/ -- Based on its recent analysis of the point of sale (POS) systems market, Frost & Sullivan recognizes HP with the 2012 Global Frost & Sullivan Award for Product Line Strategy. In a challenging economic environment, HP has steadily grown its market share and created strong inroads into the POS systems market by leveraging a strong product line and distribution strategies to grow its client base and build synergistic partnerships. Click here for the full multimedia experience of this release - http://bit.ly/Q9eQP1 "Very few companies in the POS market have been able to balance their business and product strategies to match customer expectations across different verticals and geographies," said Frost & Sullivan Research Analyst Aravindh Vanchesan. "Through its unique value proposition of being able to appeal to retailers looking for affordable, industry standard, PC-based technology combined with retail hardening, necessary for POS, HP has rapidly grown in its market share in this space even under challenging economic conditions to just over twelve percent.