The division of NCR into two companies, NCR Voyix and NCR Atleos, continues to see milestones, according to a press release from NCR Voyix, with NCR Voyix debuting on the NYSE.
NCR Voyix is focused on digital commerce while NCR Atleos is focused on ATMs. When the plan to split the company was originally announced, Frank R. Martire, executive chairman, NCR board of directors, said “By creating two best-in-class independent companies, we should be able to accelerate the pace of transformation by enabling each to execute its own growth strategies and better capture the value-creation opportunities ahead.”
The new NCR Voyix offers platform-driven technology and solutions that serve a diversified customer base, ranging from small to medium-sized businesses (SMBs) to large multinational organizations, around the world. The company says that the streamlining will enable NCR Voyix to accelerate its platform conversions, expand its services and deepen customer relationships, while also capturing additional market share.
“NCR Voyix launches from a position of strength as the market-leading provider of mission-critical digital commerce solutions for retailers, restaurants and financial institutions,” said NCR Voyix CEO David Wilkinson. “Our strong base of blue-chip customers will continue to benefit from our end-to-end solutions, which will be further enhanced by the strategic focus and operational agility of our new organization. As we enter this next phase and execute on our strategy, we will be able to deliver solid growth, profitability and value creation for our shareholders.”