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FT Partners Proprietary FinTech Research:

Restaurant Tech: A Strong Technology Backbone is Becoming Table Stakes

Executive Summary:

While the masks may be fading, the COVID-19 pandemic left an indelible mark on the restaurant industry. COVID's impact continues to be felt across all facets of the industry including reservations, takeout and delivery, staffing, input pricing, marketing, and payments. Even as consumers have returned to in-person dining, demand for off-premise interactions and omni-channel experiences is not dissipating given the degree of convenience they provide.

To solve these challenges, restaurants must turn to technology solutions in greater ways than ever before. In fact, a strong technology backbone is becoming table stakes across the industry. Fortunately, FinTech and other technology providers are rising to the occasion with tailored solutions that simplify complexity, streamline operations, reduce operating costs, and create a more seamless customer experience.

Key discussion topics of the report include:

  • Key challenges restaurants are facing and how technology solutions are easing these burdens
  • A detailed company landscape of key Restaurant Tech solution providers
  • Recent financing, M&A and IPO transactions in the space, and stock market performance of key public companies
  • Individual profiles of companies playing a significant role in the Restaurant Tech universe
  • Detailed transaction overviews of notable M&A deals in the space
  • CEO interviews with seven key players impacting the Restaurant Tech landscape

 

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