The Restaurant Tech Dilemma: 3 Fixes for a More Profitable 2025
I haven’t met with a corporate restaurant team that isn’t dealing with a tech roadmap that is at capacity.?
As 2025 priorities get underway, getting creative with tech efficiencies can help operators navigate the headwinds of various cost centers in the business. Here are some of the most common issues our team hears:
?? 1. “We have partnerships that we’re not getting the most out of.”?
Every restaurant operator panel I’ve attended has touched on this in one way or another. A story from the 858 Partners build vs. buy panel at Food On Demand ‘24 comes to mind: Deena DePhilips told a story about two tech companies with HQs in the same city that were not communicating and resolving issues well. Deena ended up personally flying in to facilitate a meeting.
There is sometimes tremendous overhead for restaurant operators in making a tech stack work well together if various partners are not aligned to the brand’s roadmap. Fellow tech founders and CEOs, these solutions are on us to facilitate.?
Solutions for 2025:
?? 2. “We’ve already licensed tech that is sitting on the shelf.”
Matt Haselhoff and I had a conversation recently about restaurants licensing tech that doesn’t work well with other parts of the tech stack. There are plenty of reasons why this can happen, but the most important solution is finding a path to make the most of your investments in tech.?
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Solutions for 2025:?
?? 3. “We don’t need more tech – we need to get more out of our existing tech.”
More tech isn't always the answer. Sometimes making the tech that you already have work that needs to be optimized to work more efficiently is the key.
Making the most of the tech already in place will be a key theme next year. In the integrations world. We heard recently from both James Vitrano and Jarrod Bravo that systems integration is extremely important and an area for growth across the restaurant tech community.?
Solutions for 2025:
Would love to hear your thoughts below. And of course, if you feel like your tech stack is siloed and not as integrated as you think it could be, my team would love to have a conversation with you.?
Rahul Musunuri is the CEO of Khumbu, an integrations services provider. Khumbu helps connect the restaurant tech world by making integrations simple for both restaurant brands and tech platforms. The largest restaurant platforms and brands in the U.S. trust Khumbu to integrate their digital platforms. For more information, visit khumbu.com.?
Great info and those 3 issues can be found in every brand I talk with and represent. Technology fatigue- the issue when you bring something new to your tech stack and it "taxes or breaks" your current environment- is tough to identify and resolve as most of the brands I connect with are working way too fast and without the staff to support the expectations. Love the fixes.
Founder @ Bikky | Helping restaurants use data to increase frequency and reduce churn
1 个月Thanks for the shoutout Rahul Musunuri! Three very good callouts. The framing that a lot of folks are using is "consolidation" for restaurant technology this year. I have a slightly more nuanced view. Restaurants were overloaded with technology solutions during the pandemic. But as we start to "normalize" as an industry, there is "consolidation" around the tools that have proven themselves essential over the last few years. That could be POS, ordering, loyalty, integrations, kiosk, etc. - so yes, it's "consolidation" in that the number of vendors in the stack are being reduced, but it's not consolidation for consolidation's sake. It's a rallying around what operators believe to be the most essential technology for their business in the "new era." For that reason, I'm bullish on products that can solve a "10x problem" (like how we help restaurants understand their traffic and frequency drivers at Bikky and how you integrate the entire tech stack at Khumbu Systems) - something that is an essential capability for a blended digital / physical world and for which there's no real analogue in the prior era of restaurants and restaurant technology.
Great insights from all featured. ??? Juan, Deena, Matt, Jon, James, Jarrod, Abhinav, Figure 8, 858 Partners, ONE GOAL CONSULTING, Food On Demand Conference etc.
Founder, CEO, CRO, Restaurant Technology, Head of Sales, Business Development and Partnerships
1 个月Great article Rahul Musunuri! ONE GOAL CONSULTING is proud to be partnered Khumbu Systems. 2025 is going to be a great year!