Volumatic:
Industry: Retail & CPG
Delivery Center: Europe
Industry: Retail & CPG
Delivery Center: Europe
In an era dominated by digital transactions, the continued significance of cash, especially in the retail and consumer packaged goods (CPG) sector, is often underestimated. Despite the surge in digital payment methods, cash remains crucial, with 21% of people in the UK preferring it as their primary payment method and around US $40 trillion in circulation globally. The retail industry requires modern and secure cash-handling solutions.
In the evolving retail industry, Volumatic recognized the importance of modern digital devices, but they faced significant internal obstacles. A primary challenge was the lack of in-house expertise in digital engineering, UX design, and cloud infrastructure. Compounding this issue was the difficulty in attracting skilled software engineers in Coventry, UK. Additionally, Volumatic realized the potential for growth if they could offer cash-handling devices enhanced with technologies like cloud computing, IoT, and APIs.
Addressing Volumatic’s challenges required a multifaceted approach, harnessing the power of end-to-end digital platform engineering and leveraging advanced technologies. Our strategy encompassed everything from initial ideation to the deployment and ongoing support of the solutions.
Key milestones included the launch of enhanced middleware and a cloud-native device management platform, as well as integrations with major third-party cash logistics platforms, all of which boosted operational efficiency and diversified offerings.
The new middleware represented the necessary foundation for the new Applications layer and created new business perspectives. While the middleware is not necessarily “visible” to the end user, it was critical for the development of essential, revenue-generating GUI that Retailers can use to manage Volumatic’s proprietary CCi equipment in stores around the world.
We helped develop a new IoT architecture and designed the whole Applications layer, significantly improving the user interface. Our consulting services covered tools, licensing, and cloud infrastructure. These efforts enabled Volumatic to offer smart, integrated solutions leveraging IoT, cloud, and mobile experiences, thus positioning them for further innovation and growth.
Santa Clara, CA
+1 (480) 991 3635
letstalk@encora.com
Innovation Acceleration
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Santa Clara, CA
+1 (480) 991 3635
letstalk@encora.com
Innovation Acceleration
Follow Us: