PAR Technology Corp at Needham Growth Conference Transcript
Hey. Good afternoon, guys. Welcome to the Needham Growth Conference. My name is Kyle Peterson. I'm on the fintech research team here at Needham.
Up next, we have PAR Technology. I'm going to turn it to CEO, Savneet Singh. So Savneet, take it away.
Thank you. So I think before I start, it's probably helpful to give you some context on who PAR Technology is as it's a company in the midst of rapid change. And to kind of understand that change, I think you have to have a little bit of grounding where it came from.
The company was founded 50 years ago, originally as a government contractor to the Department of Defense, effectively doing IT projects for the U.S. government. And 10 years into its journey, it transformed into a point-of-sale company. One of the founders' mother was a McDonald's franchisee, convinced her kid to make a point-of-sale system and it very rapidly became the leading point
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