ATMIA publishes 2nd edition of its Next Gen Business Case Matrix
SIOUX FALLS, SD (July 20, 2021) — The ATM Industry Association (ATMIA) has today published the 2nd edition of its Next Gen Business Case Matrix, increasing the number of opportunities presented by the Next Gen ATM ecosystem for either cost-savings or new revenue streams from 44 to 47. The Matrix presents the business case for each stakeholder segment of the ATM industry, providing budget worksheets for calculating the potential Return on Investment that can be achieved by embracing in this new API APP model for ATMs, with its standard interfaces.
Recently, industry leader NCR successfully certified as Next Gen ATM ready and compliant.
This expanded and updated document incorporates several additional features: an entirely new overview of Next Gen (page 4), additional positive Next Gen revenue impacts (page 16), an updated revenue scatter diagram (page 18), expanded stakeholder worksheets (pages 20-25), and a revised conclusion section that includes comments on lessons learned from the Covid-19 pandemic (page 26).
“There is a clear and undeniable business case for migrating to the Next Gen ATM ecosystem, with 47 opportunities identified in the matrix for cost-saving and increasing revenue,” explained Mike Lee, CEO of ATMIA and Chairperson of the Consortium for Next Gen ATMs, a future-proofing industry project involving over 400 participating companies in 56 countries. “I’d like to thank industry thought leader, Leland Englebardt, for this superb updated 2nd edition, which enables every company in the industry, across all sectors, to quantify the amazing benefits of migrating to Next Gen technology.”
In addition to the 47 opportunities discussed above, the 2nd edition outlines indirect and intangible benefits of Next Gen, as well as generic industry advantages.
“Next Gen is a win-win-win for the industry,” Lee said.
Enquiries on the Next Gen Business Case Matrix can be directed to Mike Lee, CEO of ATMIA and Chairperson of the Consortium for Next Gen ATMs or Hope Lerman, Event Sales Manager – US, Europe. Security, Australia and Canada.
ATMIA is the leading non-profit trade association representing the entire global ATM industry. ATMIA serves more than 10,000 members from over 650 participating companies in 70 countries spanning the whole ATM ecosphere, including financial institutions, independent ATM deployers, equipment manufacturers, processors and a plethora of ATM service and value-added solution providers. ATMIA provides education, advocacy and connections to help its members keep abreast of industry news and developments; increase knowledge and professionalism; improve operational efficiencies; understand and influence regulatory processes; participate in the local, regional and global ATM community; and forge new relationships to advance their businesses. Founded in 1997, ATMIA has active chapters in the United States, Canada, Europe, Latin America, Asia-Pacific, Asia, Africa, India and the Middle East focusing on the unique needs and issues of each region. For more information, please visit atmia.com. Follow us on LinkedIn, Twitter, Facebook or YouTube.