Joe Finizio, the president and CEO of the RSPA (Retail Solutions Providers Association), provides his perspective on the state of the retail IT channel during his general session presentation at RetailNOW 2012. The event was held July 29-Aug. 1 at Mandalay Bay in Las Vegas.
“There’s a change going on in our industry equal to mechanical-to-electronic,” Finizio told the gathering of approximately 450 Retail IT executives. “Some businesses will get it; some won’t. The ones that get it and see the opportunity are going to be successful just like the guys that saw the opportunity with the electronics back in the 70s.”
Finizio also discussed trends in POS and payment processing. “We see an industry intersection right now,” he said. “We see payment processing intersecting with point of sale. We’re in the middle of it right now, guys. … This is going to be an opportunity or a massive collision. We’ve got to figure out how to embrace it.”
For more information on RetailNOW 2012, go to www.BSMinfo.com/InsideRetailNOW.