article thumbnail

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.

article thumbnail

An Analysis of Marketing In the Restaurant POS Industry (2021)

Crayon

In recent years, point of sale ( POS) systems have become a key differentiator for restaurants across the globe. These systems allow restaurateurs to meet many practical needs such as growing profits, running more efficient and organized businesses, and improving bookkeeping.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Chipotle’s recipe for digital transformation: Cloud plus AI

CIO

When Curt Garner became Chipotle’s first CIO in 2015, the only technology used for online restaurant ordering was, “believe it or not,” a fax machine, he says. Chipotle’s digital business in 2022 was $3.5 Chipotle’s digital business in 2022 was $3.5 Seven years later, the Newport Beach, Calif.-based

article thumbnail

Cloud native platforms: To build or to buy?

CIO

Platforms support the software you’ve built to run your business. The main issue here is that it drags down the actual business because an organization’s apps are increasingly how the business functions, and even what the business is to customers. Is Kubernetes a platform? This is a lot of work.

article thumbnail

Panera CIO John Meister on mastering customer experience

CIO

John Meister is the senior vice president and CIO of Panera Bread, a chain of bakery-cafe fast casual restaurants with more than 2,000 locations across the United States and Canada. Our attrition is among the best in the industry, and we’re rated the number one restaurant to work at by Black Box — that’s amazing. Maybe it’s attrition.

article thumbnail

Selecting the Right AI Business Model for Your Startup

Smart Data Collective

Artificial intelligence is radically changing the future of many businesses. However, it is important to make sure that you understand the potential role of AI and what business model to build around it. However, even the most brilliant idea built around AI technology can fail without a proper business model.

Startups 226
article thumbnail

Automation for all—managing and scaling networks has never been easier

CIO

At this time of dynamic business and market changes, uncertainty, and quickly evolving consumption models for IT infrastructure, every IT executive understands the benefits and necessity of network agility. Yet most businesses haven’t tapped into two major capabilities of truly agile distributed networks: scale and automation.