Draft:PAR Technology
Submission declined on 28 June 2024 by Garsh2 (talk).
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| Submission declined on 17 June 2024 by HitroMilanese (talk). This submission appears to read more like an advertisement than an entry in an encyclopedia. Encyclopedia articles need to be written from a neutral point of view, and should refer to a range of independent, reliable, published sources, not just to materials produced by the creator of the subject being discussed. This is important so that the article can meet Wikipedia's verifiability policy and the notability of the subject can be established. If you still feel that this subject is worthy of inclusion in Wikipedia, please rewrite your submission to comply with these policies. Declined by HitroMilanese 5 months ago. | |
Comment: This organization had a page that was previously deleted for lacking notability. Those issues do not seem to be addressed by this new version of the article. The coverage of this company seems to be only related to one merger event, which does not show notability. See WP:INHERITORG and WP:CORPDEPTH Garsh (talk) 03:35, 28 June 2024 (UTC)
- Comment: I saw this discussed at Deletion Review and thought I'd take a look here. I agree with the previous reviewer that the article is still heavily promotional. My advice is to remove all the subheaders and focus on what is most important for an encyclopedia reader to know (hint: a list of acquired companies isn't it). Consider what secondary sources say about the subject and what those sources say about why the subject should be included in the encyclopedia. And avoid jargon as in the first graf (what are "labor and inventory solutions"?) Explain, don't just repeat corporate talking points. I'll add for the record that based on analyst reports and existing news coverage this topic would pass the bar of notability, both under the general notability guideline and the more rigorous test for companies. However, the promotional tone needs to be addressed before this can go successfully through AfC. Dclemens1971 (talk) 04:19, 18 June 2024 (UTC)
PAR Technology Corporation
[edit]| Company type | Public |
|---|---|
| NYSE: PAR | |
| Industry | Restaurant, Retail and Hospitality Technology |
| Founded | 1968 |
| Founder | John W. Sammon and Charlie Constantino |
| Headquarters | New Hartford, New York , USA |
Key people | Savneet Singh (President and CEO) |
| Products | POS systems, loyalty systems, restaurant back-office, payment services, digital ordering, hospitality hardware |
| Revenue | $415M (2023) |
Number of employees | 1,000+ |
| Website | www |
PAR Technology Corporation is an American B2B technology company providing software and hardware solutions for the hospitality industry. The company is headquartered in New Hartford, New York and is traded on the New York Stock Exchange.
History
[edit]PAR Technology Corporation was co-founded in 1968 by John W. Sammon and Charlie Constantino,.[1] initially focusing on developing systems for the US Department of Defense. Over the decades, PAR shifted its focus to the hospitality industry, supplying point of sale (POS) systems and other technology solutions.
In 2005, PAR Technology expanded into restaurant software by acquiring PixelPoint Technologies, a company specializing in restaurant POS software[2]. The acquisition of Brink Software in 2014 marked a milestone for PAR Technology, introducing a cloud-based POS system into PAR's portfolio.[3]
Since 2018, under the leadership of Savneet Singh[4] PAR Technology has focused on expanding its software offerings through acquisitions. Key acquisitions include Restaurant Magic in 2019,[5] which brought back-office management solutions, and Punchh, an AI-driven digital loyalty platform, in 2021.[6][7]
In 2024, PAR Technology divested its government business segment to concentrate on its core restaurant and hospitality technology sectors.[8]
References
[edit]- ^ "Charlie Constantino is remembered for philanthropy, global impact through PAR Technology". Rochester Business Journal. 29 November 2022. Retrieved 2024-06-16.
- ^ "PAR Technology Acquires PixelPoint Technologies". Mergr. Retrieved 2024-06-16.
- ^ "PAR Technology Acquires Privately Held Brink Software; Terms Not Disclosed". RTT News. Retrieved 2024-06-16.
- ^ "Savneet Singh on leadership: Listen, synthesize ideas, provide clarity, own the result". Syracuse.com. 29 March 2022. Retrieved 2024-06-15.
- ^ "Tampa-based restaurant software provider acquired in $42M deal". Tampa Bay Business Journal. Retrieved 2024-06-15.
- ^ "Par Technology could be a dominant force after $500 million acquisition, Panera founder says". CNBC. 14 April 2021. Retrieved 2024-06-15.
- ^ "Punchh raises $40 million for AI that promotes customer engagement and loyalty". VentureBeat. 14 November 2019. Retrieved 2024-06-15.
- ^ "Booz Allen Buys PAR Government Systems to Expand Defense Portfolio". GovConWire.com. Retrieved 2024-06-15.
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