PAR Technology

PAR Technology builds unified, purpose-built technology platforms for restaurants and retailers, integrating point-of-sale systems, omnichannel ordering, loyalty programmes, back-office operations, payment processing and hardware. The company's technical roots run deep: founded in 1968 by five engineers and mathematicians under the name Pattern Recognition Technology, it was established to tackle complex technical problems, and pattern recognition remains among its stated technical domains alongside cloud software and hardware engineering.

The company serves more than 100,000 restaurants in over 110 countries across the restaurant, retail, hospitality and food-service sectors. Its unified restaurant technology platform combines POS, ordering, loyalty, back-office and payments in a single system. Punchh, a loyalty and customer-engagement platform acquired by PAR, extends that offering, while the firm's hardware solutions represent an evolution of its original hardware business. PAR's hardware engineering capabilities sit alongside its cloud software work.

PAR has undergone significant change in recent years. Beginning in 2021, under chief executive Savneet Singh, the company executed a turnaround that transformed it from a struggling legacy hardware business into a cloud software provider. The firm describes its culture as growth-oriented and focused on streamlining operations and improving customer experiences, with a stated emphasis on innovation.