Radiant Systems, Inc. Q3 2009 Earnings Call Transcript

  • download
  • Print
  • Recommend
  • 0

2009-10-29 17:13:08.0

Tags: Radiant Systems Inc., Call Transcript, Earnings, Application Service Providers (ASPs), Internet, Seeking Alpha

Question-and-Answer Session

Operator

(Operator instructions)

Our first question will come from Terry Tillman from Raymond James. Your line is now open.

Terry Tillman – Raymond James

First question, I do not know if it is for John or Andy. Maybe it is just an update on actual pool of restaurant sites that have the Radiant and/or Aloha technology and then maybe the attached rate, how many of these sites actually have at least one of these hosted offerings and maybe how many of these sites you have actually fully penetrated, where they pretty much uptake everything?

John Heyman

Basically you are asking about the install-based, Terry, in the restaurant business and then the attached rate of one or more of our hosted solutions offerings and then a separate question around where we fully penetrated the site [Inaudible]?

Terry Tillman – Raymond James

That is right.

John Heyman

Okay. Andy? We may not have all that at our disposal, Andy?

Andy Heyman

Yes, roughly on a global basis we have about 75,000 restaurants using some Radiant products and that could be anything from Orderman to Aloha to a variety of other products. In terms of how of them has some kind of a hosted solution products, it is a little bit more than 15,000, probably closer to about 16,000 at this point that have one or more hosted solutions products. What was the third question John? How many have all of them?

John Heyman

Yes.

Andy Heyman

It is a very small number. You are probably talking about 1,000 to 1,500 that might have everything.

Terry Tillman – Raymond James

Okay.

Andy Heyman

And remember our whole methodology is that we are always bringing new products to market. So our intention is that there is always going to be a slight gap in terms of who has everything.

Terry Tillman – Raymond James

What, as we get into next?

Andy Heyman

Terry, it is a very small number of that. That is a tremendous piece of upside force as we are looking at driving full penetration.

John Heyman

And let me just add to that, not each one of the products is suitable for each restaurant offering.

Terry Tillman – Raymond James

Okay. As we get into next year and you guys have at least highlighted some visibility and feeling like there is going to be some, at least, reasonable growth next year. Considering how many sites you have, is next year in growth in the restaurant business running hosted offerings more about just getting attached rate of the plethora of products that you have now or is it going to be contingent on some of this new e-services or new hosted products coming into the market next year?

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here