Stagnant Vending Machine Companies are Turning Around

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Only a few years ago if a pundit had suggested that vending machines were the business of the future, most experts would have laughed. However, today the market is growing. For the longest time the vending machine industry in this country was stagnant.

Automatic vending has always been a huge industry in Japan and some parts of Europe, but it started to stagnate here. Part of that lies in the fact that even top business commentators in the domestic marketplace always assumed that vending machines could only dispense snacks and beverages.


Foreign machines were often geared toward providing a complete shopping experience, and some new domestic start up brands are heading toward this end of the spectrum. They're selling numerous products that people wouldn't have ever thought of being sold out of a vending machine.

Consumers have already seen the rise of movie rental machines, but far more exotic products are on the way. Traditional vending companies are also enjoying their moment, however. Innovations like touch screens and electronic payment systems have really helped to move even stagnant businesses forward.

Creative financing options have helped some of the start up firms, and these programs sometimes baffle those who went through the old fashioned programs. They need new types of MBA students, but all these innovations need other types of experts as well. Vending companies are now looking at technicians who understand IT management and information security, since their vending systems are completely tied to new types of networks.

A few are even looking at possible Web and mobile development technicians, since they want their systems to enjoy the benefits that come with connectivity. Students are rushing to attend UAB Online and other information systems programs so that they can meet the demands of the growing vending industry.

Information systems experts are also needed when it comes to spin off products that these companies are involved in. Check out terminals are becoming extremely common in stores, where people don't want to be bothered by having to go through a traditional register. These systems also rely on networks that need to be developed and maintained.

Regardless of what type of machine vending companies decide to specialize in, they need information systems experts to keep them running smoothly. One might hope that can provide some job security for those who have the skills to keep these businesses afloat. The marketplace is sure to be competitive.

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