Provenco to supply The Warehouse with new retail technology
Listed technology company Provenco (NZX: PVO) has announced a new contract with The Warehouse to provide point-of-sale
and payment technology across the retailer’s 85 stores nationwide.
The $3.3 million contract will see Provenco’s advanced point-of-sale and payment technology installed in more than 1,300
shopping lanes.
The contract includes installation of new point-of-sale terminals integrated with EMV-compliant EFTPOS payment
technology. Provenco and The Warehouse will complete the project within a tight timeframe in time for the Christmas
rush.
General Manager of Provenco’s Technology division, Andre van Duiven, said the contract was an exciting development for
Provenco’s retail technology business and reinforced the company’s leadership in design and supply of point-of-sale
technology.
“Our solution will meet The Warehouse’s current requirements and at the same time provide a pathway into the future.
“Consistency in point-of-sale systems and Provenco’s deployment methodology across the business was key for The
Warehouse, as was the ability to meet tight implementation timeframes,” said Mr van Duiven.
“The Warehouse previously used a mixture of technology across its stores. Having the technology standardised across all
outlets will allow the introduction of new applications more easily as well as maintaining technology efficiencies.
Additionally, it provides an important path to upgrading the EFTPOS technology to accommodate the new EMV smart cards
requirements, which are being phased in around the world.”
The Warehouse CIO, Owen McCall, said Provenco’s track record and overall technical expertise was a key factor in winning
the contract.
“The company has industry relationships and a track record that shows it can deliver on budget and within very tight
project timeframes. Provenco’s innovation and retail technical expertise is critical in delivering the right technology
solutions for our stores,” said Mr McCall.
Provenco chief executive, David Ritchie, said the contract extended a long-term relationship with The Warehouse and was
consistent with Provenco’s growth strategy of delivering value-added retail technology solutions to its large and
growing customer base in New Zealand.
“Provenco is a proven expert in retail technology and we are committed to building on existing relationships to provide
value to businesses as a technology partner, rather than simply a supplier,” he said.
“This is the third major point-of-sale contract win for Provenco in eight months and the largest for retail technology
in terms of the number of shopping lanes involved. Our contracts to supply retail and point-of-sale technology to
Farmers Trading Company and Foodstuffs South Island earlier this year were the largest point-of-sale projects in New
Zealand in recent years.
“Both projects reflected the quality of Provenco’s technology solutions, our people and their professionalism and we are
now pleased to work with The Warehouse to deliver Provenco technology across their store network,” said Mr Ritchie.
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For further information, please contact:
David Ritchie Chief executive officer Provenco Phone +64 (0) 21 220 9560
Gabrielle Domett Marketing communications manager Provenco Phone +64 (0) 21 574 154
Owen McCall CIO The Warehouse Phone +64 (0) 489 7000
About Provenco Provenco is a New Zealand-founded technology company operating globally with customers in 23 countries.
Listed on the New Zealand stock exchange (NZX: PVO), the company has a number of international offices including those
in Beijing, Kuala Lumpur, Melbourne and Sydney.
After more than 30 years on the technology scene, Provenco has evolved into a sound and diverse company. With a heritage
in Eftpos and payment solutions, Provenco’s business now extends across a range of technology applications for the
retail environment.
The company’s growing diversity is reflected in each of the key areas of its operations today – providing forecourt
solutions for the international retail oil industry; payment technology and Eftpos in the domestic New Zealand market;
and retail technology including mobile and wireless technology for the Australasian market.
Provenco’s tailored solutions for retail business environments use a combination of internally-developed software and
hardware, as well as top international brands. For more information, visit www.provenco.com
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