PAR Technology Corporation (PAR) Presents at UBS Global Technology and AI Conference 2025 Transcript

Patrick Ennis
UBS Investment Bank, Research Division

Great. Okay. So let’s just dive into kind of maybe an intro to PAR. So for those less familiar to the PAR story, it may be helpful for you to give a brief overview of the company, the different segments of the business, some of the high-level trends in the enterprise POS business and just the competitive landscape as well.

Savneet Singh
CEO, President & Director

There’s a lot there. Okay. So we sell software to large restaurant chains, primarily in the quick service, fast casual category. We’re — we sort of sell to 2 buyer personas, CIOs, which is point of sale and back office; and then Chief Digital Officers or CMOs, which is customer engagement software like loyalty and online ordering.

The sort of the foundational thesis of our company is that restaurants are becoming more digital, and we believe the way for them to become digital is through a more integrated solution as opposed to a bunch of point solutions.

So what restaurants have done over time has been, let me go buy a point-of-sale product here, let me go buy an online ordering product here, a loyalty product here, very disjointed