PAR Technology (NYSE:PAR) Corp is a provider of enterprise software and hardware solutions for the hospitality, foodservice and retail industries. The company’s platforms are designed to streamline front- and back-of-house operations, covering point-of-sale (POS) systems, kitchen display and dispatch, inventory and labor management, and reporting tools. PAR’s integrated approach enables operators of full-service restaurants, quick-service chains, bars, hotels, casinos and retail outlets to centralize data and automate workflows across multiple sites.
Key offerings include PAR Brink, a cloud-native POS application that supports touchscreen, mobile and tablet devices; PAR Cloud Services, which delivers software updates, reporting and analytics through a subscription model; and hardware solutions such as payment terminals, handheld devices and self-service kiosks. Complementary services encompass installation, training, technical support and consulting to help customers optimize system performance and drive operational efficiency. Recent innovations focus on contactless payment, online ordering integration and enhanced back-office functionality to address evolving industry trends.
Founded in 1968 and headquartered in New Hartford, New York, PAR Technology has grown through product development and strategic acquisitions to serve customers in North America, Europe, Asia-Pacific and the Middle East. The company’s solutions are deployed by single-unit operators and enterprise chains alike, supporting both independent venues and multi-location enterprises. PAR is led by President and CEO Martin A. Randolph, whose leadership has emphasized cloud migration and global expansion to position the business for long-term growth in the hospitality technology market.
