PYMNTS-MonitorEdge-May-2024

Restaurant Technology

Robotics Took Center Stage in Restaurants in 2023, Despite Consumer Hesitation
Robotics Took Center Stage in Restaurants in 2023, Despite Consumer Hesitation
December 19, 2023  |  ResTech

Throughout 2023, more restaurants turned to kitchen automation to drive back-of-house efficiency, even as consumers have resisted the increasing automation of the industry. In October,...

READ MORE >
White Castle: QSR Voice AI Will See ‘Rapid Advance’ in 2024
White Castle: QSR Voice AI Will See ‘Rapid Advance’ in 2024
December 18, 2023  |  ResTech

In 2024, voice automation will continue to rapidly gain traction in the restaurant industry, boosting drive-thru efficiency and better meeting consumer demand for the channel,...

READ MORE >
SoundHound Pays $25 Million for Restaurant AI Firm SYNQ3 
SoundHound Pays $25 Million for Restaurant AI Firm SYNQ3 
December 07, 2023  |  Acquisitions

SoundHound is acquiring SYNQ3, a company providing restaurants with voice artificial intelligence (AI). “The deal will make SoundHound the preeminent U.S. provider of voice AI for restaurants, significantly extending...

READ MORE >
QSRs Add Hundreds of Kiosks to Increase Efficiency and Check Sizes
QSRs Add Hundreds of Kiosks to Increase Efficiency and Check Sizes
December 04, 2023  |  ResTech

Restaurants and solution providers are turning toward self-service kiosks to reduce their labor needs while driving higher-value purchases. Take, for instance, Carrols Restaurant Group, a...

READ MORE >
Mobile-Only Restaurants Rub Consumers the Wrong Way
Mobile-Only Restaurants Rub Consumers the Wrong Way
November 21, 2023  |  Consumer Insights

Even when consumers are ordering restaurant meals for pickup, PYMNTS Intelligence reveals, the majority would rather not be limited to exclusively making purchases via mobile...

READ MORE >
Digital Transformation Prompts Small Restaurants to Streamline Holiday Menus
Digital Transformation Prompts Small Restaurants to Streamline Holiday Menus
November 20, 2023  |  Restaurant innovation

As the rise of digital ordering has increased the popularity of restaurant takeout, independent restaurants are rethinking their holiday season menus for off-premises optimization. In...

READ MORE >
Remy Robotics CEO: Autonomous Tech Enables Growth of ‘Fast-Fine’ Dining
Remy Robotics CEO: Autonomous Tech Enables Growth of ‘Fast-Fine’ Dining
November 15, 2023  |  ResTech

As new technologies take over the restaurant industry, Remy Robotics is launching an autonomous ghost kitchen that leverages this efficiency to enter the burgeoning “fast-fine”...

READ MORE >
Olo Q3: Item-Level Guest Data Collection Is Launchpad for 6x Card-Present Opportunity
Olo Q3: Item-Level Guest Data Collection Is Launchpad for 6x Card-Present Opportunity
November 06, 2023  |  Earnings

Olo executives told investors on the company’s third quarter 2023 earnings call on Monday (Nov. 6) that they anticipate card-present transactions to become a key growth...

READ MORE >
Noodles & Co. Increases In-Store Digital Check-In 20%, Says CMO
Noodles & Co. Increases In-Store Digital Check-In 20%, Says CMO
October 23, 2023  |  Restaurant innovation

As restaurants look to gain a comprehensive understanding of their customers’ behavior across channels, Noodles & Company is focused on linking in-store transactions back to...

READ MORE >