QSR POS applications are end-to-end software solutions that assist QSR operators to process customer transactions and drive digital transformation and operational efficiency. In addition to functions expected to complete a transaction, as well as the associated reporting (such as transaction logs), these applications are now centralized to facilitate key commerce and restaurant management activities. These include labor management, digital loyalty, kitchen production, menu management and off-premises delivery, as well as other functions that allow customers to interact with the brand across a QSR retailer’s ecosystem. The Tier 1 market for QSR POS solutions serves large QSR retailers that: Conduct business in any geography. Operate extensive restaurant real estate as one of many channels. Generate annual revenue of $3 billion or more per year. Many QSR retailers may include multigeographical franchise locations beyond their corporate-owned and corporate-managed estates. Vendors in this market are traditionally mature players with a well-established history of offering solutions for the QSR industry. They have a global presence in terms of sales, development and service locations, and primarily sell directly to retailers in this market.