Tesco PLCLSE: TSCO

Tesco Partners with Vontier to Elevate Forecourt Automation and Integration

· Issued by Tesco PLC via Business Wire

Summary by 6ix AI

Vontier Corporation, a technology company serving fuelling and convenience retail, said Tesco will integrate technologies from its businesses Gilbarco Veeder-Root and Invenco to create a fuelling system across Tesco's petrol stations.

Key details

  • The system will use Gilbarco Veeder-Root's DOMS PSS 5000 Forecourt Controller and Invenco's connected outdoor payment terminals. Vontier says these will enable fast and compliant transactions at the pump or at the kiosk. The forecourt is the area of a petrol station where the pumps are.
  • Vontier says the controller connects Tesco's point of sale (checkout) systems and software and provides real-time data on all aspects of the forecourt.
  • The arrangement builds on existing integration between Invenco's outdoor payment applications and Gilbarco Veeder-Root's fuelling and forecourt management systems. Vontier says Tesco will gain deeper operational insights and a smoother customer experience.

6ix AI wrote this summary from the release below and checked it against the release.

Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced that Tesco will integrate technologies from Gilbarco Veeder-Root and Invenco to create a scalable and efficient fuelling solution across the retailer’s petrol stations.

Building on the integration between Invenco’s outdoor payment applications and Gilbarco Veeder-Root’s fuelling and forecourt management systems, Tesco will gain deeper operational insights and a smoother customer experience.

“By leveraging the combined strengths of our market-leading businesses, Vontier is proud to deliver integrated solutions designed to best serve the unique needs of our customers,” said Andy Bennett, Group President of Convenience Retail at Vontier. “Today's announcement combines the retail expertise of Tesco with the best-in-fuelling from Gilbarco Veeder-Root and best-in-payment from Invenco to create a state-of-the-art solution.”

Gilbarco Veeder-Root’s DOMS PSS 5000 Forecourt Controller and Invenco’s connected outdoor payment terminals will enable fast and compliant transactions at the pump or at the kiosk. The controller provides specialised software that connects Tesco’s Point of Sale (POS) and software seamlessly, providing real-time data on all aspects of the forecourt.

The modular hardware and software architecture create a scalable solution for Tesco, helping the retailer enhance efficiency, improve customer experience and support future innovation. Together, Vontier’s integrated technologies are helping power a more connected and seamless mobility ecosystem.

About Vontier

Vontier (NYSE: VNT) is a global technology company uniting productivity, automation and multi-energy technologies to meet the needs of a rapidly evolving, more connected mobility ecosystem. Leveraging leading market positions, decades of domain expertise and unparalleled portfolio breadth, Vontier powers the way the world moves - delivering smart, safe and sustainable solutions to our customers and the planet. Vontier has a culture of continuous improvement and innovation worldwide. Additional information about Vontier is available on the Company’s website at www.vontier.com.

About Invenco

Invenco, a Vontier business, is a global leader in the convenience retail industry. Built to help customers adapt and innovate to stay ahead, Invenco is the operating system for convenience retail, producing agile solutions for accelerated growth and value. Invenco solutions can be found in nearly 165,000 connected devices across 50,000 convenience stores in more than 50 countries. To find out more about Invenco visit www.invenco.com.

About Gilbarco Veeder-Root

Gilbarco Veeder-Root, a Vontier business, is the worldwide technology leader for retail and commercial fueling operations, offering the broadest range of integrated solutions from the forecourt to the convenience store and head office. For over 150 years, Gilbarco has earned the trust of its customers by providing long-term partnership, uncompromising support, and proven reliability. Major product lines include fuel dispensers, tank gauges and fleet management systems. For more information, please visit: www.gilbarco.com.

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