The Restaurant Table(t) is Getting Crowded

Square opened its point-of-sale platform to competitors. There are rumors that IBM will buy Revel. For anyone following the changes in payments and the restaurant industry, these are interesting strategic moves. Many of us have tried new services, like online food ordering, subscription meals and signing with your finger on a tablet-based point-of-sale system; but the reality is that we are still in the early phases of restaurant industry disruption.

I believe that’s about to change. In a few years we will look back on these announcements as a major shift in the pace of disruption and the time we started to “cross the chasm” into a chapter of rapid deployment, consolidation and breakaway winners.

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