What Retailtech does

Retailtech (주식회사 리테일테크) is a Seoul/Seongnam-based Korean retail IT and IoT solutions provider founded in 2003-2004, operating as a privately held corporation under founder-CEO Ahn Jae-myung. The company builds and integrates software and IoT systems for retailers, logistics operators, financial institutions, and government agencies, with claimed delivery of 500-600 large-scale projects over a 17-year operating history.

Its core proprietary portfolio spans an integrated Smart Retail Solution (SRS) and Smart Retail Online (SRO) platform covering SCM, inventory, POS, membership, and WMS, plus a set of IoT modules: IPS (Indoor Positioning Service) using multi-signal positioning for customer-flow analytics; ESL (Electronic Shelf Labels); SCCM (Smart Cold Chain Management); Smart Ordering; and CMS/DID digital signage. Retailtech protects this stack with multiple registered Korean patents and one US patent around RFID, indoor positioning, and content management. The firm is also the exclusive Korean distributor for Ruckus Networks wireless equipment (since 2014, reaching No. 3 Korean network-equipment market share) and Point Mobile industrial PDAs, and has executed joint R&D with KAIST and the Czech Republic.

Retailtech monetizes through three streams: project-based system integration and system management (SI/SM) services for enterprise and public-sector clients; one-time licensing and implementation of its proprietary retail and IoT solutions; and hardware resale/distribution margins from the Ruckus and Point Mobile franchises. Pricing is custom and quote-based across all streams, with no public tiers. Go-to-market is direct enterprise field sales supplemented by channel/distributor motion through its hardware franchises, targeting Korean retail chains (E-Mart, Lotte Mart, HomePlus, GS Retail), banks (NH Nonghyup, IBK), government agencies (Transportation Safety Authority), and global brands operating in Korea (Starbucks Korea, LVMH Korea).

Name

Retailtech

Legal name

주식회사 리테일테크

Website

https://retailtech.co.kr

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Retailtech is a Korean retail IT and IoT solutions provider that builds POS, SCM, ESL, indoor positioning, and digital signage systems for major Korean retailers, banks, and logistics firms, and distributes Ruckus wireless and Point Mobile hardware.

Ownership category

akta.pro rank

Product category

Retail IT Software and IoT Solutions

NAICS

Furniture, Home Furnishings, Electronics, and Appliance Retailers (449)

SIC

Wholesale-Computers & Peripheral Equipment & Software (5045)

akta.pro primary industry

Electronic Shelf Labels (ESL) & Shelf-Edge Hardware (HDACAKAJ)

akta.pro secondary industry

Customer-Facing Displays & Digital Signage for Checkout (HDACAKAF)

Keywords

• Retail IT solutions
• Indoor positioning systems
• Electronic shelf labels
• Smart cold chain
• Point-of-sale software

Headquarters

HQ city

Gangneung

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. SI / SM (System Integration / System Management): System integration and system management services for retail, logistics, and transportation IT. Includes custom software development, project implementation, and ongoing maintenance/operations. Projects are delivered as customized solutions for each customer.
2. Retail and IoT Solutions: Sale of proprietary software solutions including SRS, SRO, CMS, POP, DID, ESL, SCCM, Smart Ordering, and Smart Store solutions. Revenue is generated from solution licensing, implementation, and associated services.
3. Ruckus Networks Distribution: As the Korean distributor of Ruckus Networks wireless equipment since 2014, RetailTech resells wireless networking hardware (indoor AP, outdoor AP) to retail, logistics, finance, education, and other sectors.
4. Point Mobile Distribution: Distribution of Point Mobile industrial PDA devices (PM 550, PM 85, PM 500) for logistics, retail, healthcare, and payment applications.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels2 records

Core offering

RetailTech (리테일테크) develops and sells proprietary retail IT and IoT software platforms including SRS (Smart Retail Solution), SRO (Smart Retail Online), IPS (Indoor Positioning Service), Electronic Shelf Labels (ESL), Smart Cold Chain Management (SCCM), Smart Ordering, and digital content/delivery management systems. The company also operates a System Integration/System Management (SI/SM) services business and serves as the Korean distributor for Ruckus Networks wireless equipment and Point Mobile rugged devices.

Product overview

Retailtech offers a comprehensive retail technology portfolio centered on Smart Store and IoT solutions. The core retail management platform SRS (Smart Retail Solution) and its online counterpart SRO provide integrated POS, supply chain, inventory, membership, and WMS capabilities. Supporting solutions include POPLUS for retail printing, CMS for digital signage, and a Delivery Management System integrated with ERP. The IoT portfolio encompasses SCCM (Smart Cold Chain Management) for temperature-controlled logistics, ESL (Electronic Shelf Labels) for digital pricing, Smart Ordering for automated checkout, and IPS (Indoor Positioning Service) for customer flow analysis and indoor navigation. This unified platform enables value-centered futuristic store management across the retail, logistics, and distribution industries.

Differentiator

Problem solved

Functional benefit

Products and services

• SRS (Smart Retail Solution) Proprietary retail store management platform for sales-force automation, store operations, and multi-location management for enterprise retailers.
• SRO (Smart Retail Online) Online retail management platform for digital storefronts and e-commerce operations.
• POPLUS (POP Output System) Solution for designing and outputting in-store POP (point-of-purchase) advertisements and marketing materials.
• CMS (Contents Management System) Digital content management system for retail marketing and digital signage operations.
• Delivery Management System Logistics delivery management platform for retailers and fulfillment operators.
• SCCM (Smart Cold Chain Management) IoT-based cold chain monitoring solution that tracks temperature, humidity, and door-status of refrigerated storage facilities to ensure food/pharma product integrity.
• ESL (Electronic Shelf Label) Electronic shelf label solution for automated, centralized in-store price and product information updates, including large-scale deployments such as GS25 convenience stores.
• Smart Ordering IoT-based automated ordering solution for retail operations.
• IPS (Indoor Positioning Service) Patented indoor positioning solution that uses multi-signal (Wi-Fi, BLE, RFID, lighting) technology to track customer/store flow, shopping cart location, and asset positioning inside retail spaces.
• SI/SM Services (System Integration / System Management) Professional IT services covering system integration, custom development, and ongoing system management for retail, logistics, finance, and government clients.
• Ruckus Networks Distribution Korean distribution and value-added reselling of Ruckus Networks enterprise wireless networking equipment to enterprise and government customers.
• Point Mobile Distribution Korean distribution of Point Mobile rugged handheld devices (PDA, scanners) and related accessories.

Quantifiable outcome

• 500+ large-scale retail/logistics/transportation IT projects completed
• +3 more outcomes

Named customers18 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature7 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Ruckus NetworkscoreChannel Partner/ Reseller/ Distributor · 1 January 2014RetailTech is the exclusive Korean distributor of Ruckus Networks wireless equipment (indoor/outdoor access points) since 2014. Ruckus holds No. 1 market share in hospitality and SP globally, and No. 3 globally in Enterprise Wireless AP. RetailTech combines Ruckus hardware with its IoT and retail solutions for Korean retail, logistics, finance, education, and hospitality sectors. Won Ruckus 'Distributor of the Year - Korea' award multiple times (2017, 2019).
• Point MobilecoreChannel Partner/ Reseller/ DistributorRetailTech distributes Point Mobile industrial PDA devices (PM 550, PM 85, PM 500) in Korea. Point Mobile is the No. 1 industrial PDA company in the Korean market since its founding in 2006. Products serve logistics, retail, healthcare, and payment sectors.
• KAIST (Korea Advanced Institute of Science and Technology)minorStrategic or Co-development PartnerCollaboration with KAIST on u-Library system development and Smart Book Truck project. The smart book truck with display-enabled cart indicates book placement locations and paths, allowing librarians to place books correctly and use electronic tags for return/security checking.
• Hancom CorevelminorStrategic or Co-development PartnerPartnership in retail robotics sector - Hancom Corevel's robotics business partner for the retail sector.
• JDA SoftwareminorStrategic or Co-development PartnerPartnership agreement signed with JDA in the retail IT field for supply chain and inventory management solutions.
• Samsung ElectronicsminorStrategic or Co-development PartnerSamsung Electronics Pyeongtaek P2 facility DID menu board and congestion status display project. Partnership for DID technology deployment.
• LVMH Korea (코스메틱)minorStrategic or Co-development PartnerOMS (Order Management System) operation and maintenance contract for LVMH cosmetics brands, ongoing since contract signing.
• Kakao PayminorStrategic or Co-development PartnerPartnership for Kakao Pay offline payment integration into GS Retail convenience store/super self-checkout systems.
• Alipay PlusminorStrategic or Co-development PartnerIntroduction and deployment of Alipay Plus for Korean retailers, enabling international payment for Chinese consumers at partner stores.
• WeChat Pay (위챗페이)minorStrategic or Co-development PartnerWeChat Pay introduction and POS system upgrade for GS Retail stores, enabling Chinese mobile payment.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Toshiba Global Commerce Solutions: Provider of retail POS, store automation, and digital signage solutions globally. Comparable as a competing enterprise retail-tech vendor with overlapping POS/DID capabilities targeting large multi-national retailers.
• Diebold Nixdorf: Global provider of POS, self-checkout, and banking/retail hardware and software. Direct technology overlap with RetailTech's POS, SCO, and payment-integration work for GS Retail and other Korean chains.
• Manhattan Associates: Global vendor of supply-chain, inventory, and omnichannel commerce software. Comparable as a global incumbent selling into large specialty and grocery retailers that overlap with RetailTech's WMS/SCM and SRS deployments.
• SAP: Global enterprise software leader with SAP Retail, CAR, and S/4HANA offerings embedded across large Korean retailers. Comparable as a broad incumbent platform whose retail and supply-chain solutions compete against RetailTech's SRS/SRO roadmaps at the largest accounts.
• NCR Voyix: Global leader in retail POS, self-checkout, and unified commerce software. Comparable as an enterprise retail technology vendor actively expanding into Asia-Pacific and competing for the same class of large-retailer contracts RetailTech targets.

Direct peers

• LG CNS: Korean IT services and SI company with a strong retail/logistics vertical that delivers enterprise systems, cloud, and digital transformation to Korean conglomerates. Closely comparable as a large-scale domestic SI/SM competitor bidding on the same Korean retail, finance, and public-sector contracts RetailTech serves.
• Lotte Data Communication: IT services arm of Lotte Group providing retail IT, ERP, and digital platform services primarily to Lotte affiliates. Comparable as a vertically-integrated retail-IT peer that competes for Korean retail deployments including those RetailTech performs for Lotte Mart and Lotte Tower.
• Samsung SDS: Korea's largest IT services/SI firm, offering Nexplant retail and logistics solutions to large Korean enterprises. Direct head-to-head competitor for SI/SM and retail technology contracts at customers such as E-Mart, Lotte, and NH Bank.
• Douzone: Korean enterprise software vendor with retail/ERP and cloud POS offerings (e.g., iCUBE, WE:HOME) widely deployed among Korean SMB retailers. Comparable as a domestic Korean retail-software peer with overlapping POS and store-management product lines.
• POSCO DX: Korean IT services and solutions provider serving industrial, retail, and public-sector clients with SI and digital transformation offerings. Comparable as a domestic SI competitor bidding on similar Korean enterprise and government modernization engagements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Retailtech