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AI Can Help Restaurants Survive Challenges with Inflation and the Coming Recession

Smart Data Collective

Inflation and an impending recession are two huge challenges facing the restaurant industry today. Let’s take a look at how AI could help restaurants survive and even thrive in spite of these challenges. In either case, it’s going to be difficult for restaurants to maintain their profit margins. But AI can help.

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What is predictive analytics? Transforming data into future insights

CIO

Predictive analytics has captured the support of wide range of organizations, with a global market size of $12.49 The report projects the market will reach $38 billion by 2028, growing at a compound annual growth rate (CAGR) of about 20.4% Forecast financial market trends. from 2022 to 2028.

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How Search Engines Work: A Guide to Search Engine Algorithms

SpyFu

To discover, categorize, and rank the billions of websites that make up the internet, search engines employ sophisticated algorithms that make decisions on the quality and relevancy of any page. These decisions are guided by an algorithm. Understanding how an algorithm works helps you create content that ranks better for each platform.

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Use AI to Get the Most Out of Your Social Media Marketing Strategy

Smart Data Collective

One of the biggest benefits of AI technology is in the realm of marketing. You can use AI to automate many parts of your marketing strategy. AI can be particularly helpful when it comes to social media marketing. AI is Invaluable to Social Media Marketing. Increase Traffic with Automated Content Generation.

Marketing 263
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Sysco’s recipe for growth centers on IT

CIO

We needed to transform ourselves … and grow faster than our competitors and faster than our markets required. We would be able to search and get feedback on restaurant or social trends about recipes and food and surf that back to us or to our customers.” Surviving the pandemic wasn’t enough,” Peck adds. “We

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10 Big Data Examples Showing The Great Value of Smart Analytics In Real Life At Restaurants, Bars, and Casinos

Datapine Blog

And while a mere 22% of marketers state that they have a data-driven marketing strategy that is achieving significant results – by leveraging the right insights in the right way, success is inevitable. Using this data, they could develop market-specific prices and discounts. What’s the motive?

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Big Data Drives Office Productivity into Overdrive

Smart Data Collective

This is one of the reasons the market for big data is expected to be worth $103 billion by 2027. Similar tools can offer superior lighting to keep the office illuminated in a way that maximizes employee engagement by adjusting with machine learning algorithms. One of the most significant benefits is with office productivity.