Agilysys Inc
- Founded
- 1963-01-01 in Cleveland, Ohio
- Headquarters
- 1000 Windward Concourse, Suite 250, Alpharetta, Georgia 30005, USA
Agilysys Inc. (NASDAQ: AGYS) is a global provider of hospitality-focused enterprise software, delivering cloud-native property management (PMS), point-of-sale (POS), inventory and procurement, payment processing, analytics, and guest engagement solutions to hotels, resorts, casinos, cruise lines, restaurants, stadiums, healthcare facilities, and corporate foodservice operators. Originating from a 1963 merger of two Cleveland-area electronics distributors that became Pioneer-Standard Electronics, the company pivoted to software and services in 2003 under the Agilysys name and completed its transition to a pure-play hospitality technology company in 2013. Headquartered in Alpharetta, Georgia, Agilysys serves more than 2,200 customer locations across 30 countries, employing approximately 2,800 people. The company markets its integrated ecosystem under the banner of \"High Return Hospitality,\" aiming to personalize guest experiences and drive profitability. As of fiscal 2026, Agilysys has reported 17 consecutive quarters of record revenue, with subscription revenue growing above 20% year over year and nearing 67% of total recurring revenue.
Detailed Review
History & Corporate Evolution
Agilysys began as Pioneer-Standard Electronics, Inc., formed in 1963 through the merger of Standard Radio (established 1932) and Pioneer Electronics Supply (established 1946). The company went public on NASDAQ in 1971 under the ticker PIOS and operated as a broad-line electronics distributor for decades. In 2003, management decided to pivot toward software and services, rebranding the entity as Agilysys, Inc. (ticker changed to AGYS). Over the following decade, Agilysys divested its distribution and retail divisions, culminating in 2013 when it became exclusively focused on the hospitality industry. Since then, the company has built out a comprehensive suite of software solutions serving gaming, hotel, foodservice, and healthcare operators.
Leadership & Strategy
Ramesh Srinivasan was appointed President and Chief Executive Officer in January 2017. Prior to Agilysys, he served as CEO of Ooyala Inc., President and CEO of Innotrac Corporation (which merged with eBay Enterprise), and President and CEO of Bally Technologies (now Light and Wonder). Under Srinivasan, Agilysys has pursued a cloud-first, subscription-based model, driven organic growth, and executed selective acquisitions such as ALICE (guest experience platform) and Book4Time (spa and activity scheduling). Dave Wood serves as Senior Vice President and Chief Financial Officer, having joined Agilysys in 2011 as Controller of the Hospitality Division and being promoted through finance leadership roles before becoming CFO in May 2020.
Products & Platform
Agilysys offers an integrated ecosystem of hospitality management software modules, designed to work together or individually. Notable products include Agilysys PMS, a cloud-native property management system for hotels, resorts, and casinos; InfoGenesis POS, a leading point-of-sale system for food and beverage operations; Agilysys SPM / Book4Time, a spa, salon, golf, and activity management platform; Agilysys Inventory & Procurement for supply chain cost control; Agilysys Payments, an integrated payment gateway; Agilysys Analytics for business intelligence; ALICE for guest experience and operations; Agilysys RTP for restaurant technology including table and kitchen management; and Agilysys LMS, a legacy on-premise lodging management system still supported for certain clients.
Financial & Market Position
As of fiscal 2026 (ending March 31), Agilysys reported total revenue of $319.3 million, marking its 17th consecutive record quarter. Subscription revenue has been growing above 20% year-over-year, nearing 67% of total recurring revenue. The company employs approximately 2,800 people globally and serves customers in more than 30 countries. It competes with other hospitality technology vendors such as Oracle Hospitality, Infor (HMS), Mews, Cloudbeds, and Shift4.
Key Products
Agilysys PMS
Cloud property management system for hotels, resorts, and casinos; manages reservations, check-in/out, housekeeping, billing, and rate management.
InfoGenesis POS
Point-of-sale system for food and beverage operations, supporting tableside ordering, karma (tiered service), and special-diet management.
Agilysys SPM / Book4Time
Spa, salon, golf, and activity management platform for scheduling, inventory, and point-of-sale; includes the acquired Book4Time platform.
Agilysys Inventory & Procurement
Back-office solution for tracking inventory, managing supplier orders, and controlling costs across food and beverage and retail operations.
Agilysys Payments
Integrated payment processing module enabling in-room, point-of-sale, and mobile transactions with tokenization and fraud prevention.
Agilysys Analytics
Data-driven business intelligence and reporting module for operational and financial performance analysis.
ALICE
Guest experience and operations platform acquired in 2021, providing mobile check-in/out, keyless entry, in-stay messaging, and digital concierge capabilities.
Agilysys RTP
Restaurant technology suite including table management, online ordering, and kitchen display systems.
Agilysys LMS
Legacy on-premise property management solution still supported for certain client segments.
Offices & Headcount
2800 employees (approx.)
Key Persons
Ramesh SrinivasanPresident & CEO
- Dave Wood
SVP & CFO