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MICROS Systems

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MICROS Systems

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MICROS' systems don't fold sheets or bus tables, but they do keep restaurants and hotels in order. MICROS Systems supplies point-of-sale terminals, central reservation systems, and other hardware and software for the hospitality and retail industry. Its products include touchscreen systems that restaurant employees use to register orders and bill customers. Its systems also keep track of inventory and enable management to analyze demand. MICROS offers similar systems that track inventory and reservations for the hotel industry. Customers include MGM Resorts, Hilton, and Marriott International, as well as Starbucks, Kodak, and Tommy Hilfiger. The company generates more than half of its sales outside the US.

Parent Company

A parent company is a company that has enough voting stock in another company to control management and/or operations.