With this year’s restaurant technology conference MURTEC behind us, I’ve had some time to reflect on my many conversations with industry technology vendors and restaurant operators. A key takeaway this year—is a clear shift in the dining guest journey. What was once considered a point of differentiator has now become table stakes. In fact, digital and mobile technology investments are no longer means for success—but required for survival.
Below are six areas we expect to see prioritized for restaurant chains and operators in 2019.
The overarching message was clear from guests, vendors, and operators—digital transformation is critical for today’s hyper-competitive restaurant operations. One thing is for sure, if you aren’t moving fast enough toward this revolution—you will have a hard time keeping up with the industry, your guests, and your competition.
Restaurant operators, whether they are global brands, franchisees, or independents, are investing heavily in a wide variety of digital technologies. That’s great – but their customers really, REALLY wish they would speed these initiatives up. In fact, the race to satisfy these expanding digital expectations will directly impact restaurants’ ability to grow, or even maintain, customer loyalty and market share going forward.
That’s the conclusion of a recent study conducted by Incisiv and sponsored by Windstream Enterprise and BRP Consulting. The study’s survey of 1,225 restaurant patrons and 60 restaurant IT decision makers revealed a core issue: diner’s expectations for a quality digital experience – from selecting restaurants via research on their phones, to mobile order-ahead, to using guest Wi-Fi after they arrive – is outpacing the ability of restaurants to deploy digital solutions to meet these needs.
Key high-level findings of the study, titled Restaurant Digital Crossroads: The Race to Meet Guest Expectations include:
The gap between execution and expectations
The study’s unique methodology, which compares diner expectations to restaurants’ ability to deliver, reveals a wide and growing gap. Over the next 24 months, that gap will reach 29% in mobile/web order-ahead; 20% in contactless/mobile payment ability; and even 15% in simple Wi-Fi availability. Smaller gaps exist in every phase of the dining journey, and restaurants have a lot at stake in closing them. The good news is, many restaurant operators are making concerted investments in the right technologies.
Encouraging signs for restaurant operators
The overall good news is that restaurant operators are largely attuned to what’s happening in this digital evolution – and are planning, on average, a 2-4x increase in digital technology deployments over the next 24 months. This level of investment will put unprecedented (and unexpected) demands on a restaurant’s entire IT platform, especially their network and communications infrastructure.
It’s a fascinating and opportunistic time for key industry stakeholders. Every restaurant operator interested in seeing how their brand and technology strategy compares to guest expectations and competitors can download the complete Windstream Enterprise-BRP Consulting digital restaurant study, which includes details on both the survey methodology and survey findings.
Enter your business location zip code below for business solutions in your area.
Find business zip code