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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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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.

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AI & the enterprise: protect your data, protect your enterprise value

CIO

Ransomware attacks Recall the ransomware hack on MGM Resorts International hotel reservation systems, digital room keys, casino gaming systems, and restaurant point-of-sale systems. Combating these threats and protecting enterprise value, means businesses must prioritize safeguarding their data.

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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

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Wonderla Holidays goes digital to enhance business and customer fun

CIO

If we could provide real-time information about the occupancy at various zones, land rides, water rides, pools, restaurants, and changing rooms, it would help guests to decide their route to maximize enjoyment at the park. One band delivers multiple business benefits.

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5 Ways to Utilize Data Analytics to Grow Your Business

Smart Data Collective

Data is often perceived as a luxury of big business. However, small business owners can still learn a lot from numbers that are easy to interpret and use. In this article, we take a look at how you can use data to grow your business. Using the numbers, you can better interpret tangible things that are happening in your business.

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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.

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