How Restaurants are Leveraging Technology to Succeed During Covid
October 01, 2020
by 4Q Consulting
How Restaurants are Leveraging Technology to Succeed During Covid
October 01, 2020
by 4Q Consulting
How Restaurants are Leveraging Technology to Succeed During Covid
During turbulent times, we tend to focus on the negative trends happening in a specific field, and the Covid pandemic has hit the restaurant industry particular hard. The restaurant industry is expected to lose $240 billion by the end of 2020, according to the National Restaurant Association. However, there are a few operators and brands that are succeeding and thriving during Covid. What all of these brand have in common is that they either fully embraced digital technology pre-Covid or quickly pivoted to upgraded their technology platforms amid the Covid crisis. This trend of operators embracing digital technology in the restaurant industry, had started pre-Covid, and appears to have been accelerated due to the Covid pandemic.
How Restaurants are Leveraging Technology to Succeed During Covid
During turbulent times, we tend to focus on the negative trends happening in a specific field, and the Covid pandemic has hit the restaurant industry particular hard. The restaurant industry is expected to lose $240 billion by the end of 2020, according to the National Restaurant Association. However, there are a few operators and brands that are succeeding and thriving during Covid. What all of these brand have in common is that they either fully embraced digital technology pre-Covid or quickly pivoted to upgraded their technology platforms amid the Covid crisis. This trend of operators embracing digital technology in the restaurant industry, had started pre-Covid, and appears to have been accelerated due to the Covid pandemic.