Vendor Updates

Oracle Hospitality Food and Beverage Solutions

2019 Summer
Columbia, MD
http://www.oracle.com/hospitality

Oracle Food and Beverage Releases Mobility Research
A new study on mobility in restaurants from Oracle Food and Beverage, released in April 2019, shows that restaurant operators see significant benefits in mobile technology, but 62 percent harbor concerns about their ability to keep up with the pace of change in this area. 
 
Oracle helps improve the dining experience:
86 percent of operators say branded mobile apps increase their speed of service and therefore revenue
93 percent believe their guest-facing apps enhance the guest experience, promote loyalty and drive repeat business
 
Oracle cuts costs and saves time to increase revenues:
84 percent of food and beverage executives believe the adoption of guest-facing apps drives down labor costs
96 percent agree, with 40 percent strongly agreeing that expanded mobile inventory management will drive time and money savings
 
Oracle perceives future benefits of mobile technology:
82 percent believe partnerships with third-party delivery services like Uber Eats and GrubHub will help grow their business
89 percent believe check averages will increase thanks to in-app recommendations
95 percent believe the guest experience and customer loyalty will continue to improve
 
Download the report at www.oracle.com/goto/restaurant-mobility
Rate your mobility at www.oracle.com/goto/rate-your-mobility
 
Oracle Recognized as Leader in IDC MarketScape for Restaurant POS
IDC announced that its first MarketScape for restaurant POS and Oracle Food and Beverage has been recognized as a leader.
 
The report evaluated POS software vendors on their commitment to delivering advanced and omni-channel POS services and capabilities to the QSR segment. In addition named Oracle a leader, the report recognized the company’s deep well of domain knowledge, technology and architecture expertise, investments in R&D and the fresh energy from the newly created Oracle Food and Beverage global business unit.
 
According to the IDC MarketScape report, “The Food and Beverage Global Business Unit’s strategy is twofold: to evolve the MICROS Simphony solution from a POS to a transaction platform – an ecosystem that can deliver greater value through the partners and network that the POS is integrated to and to focus the platform and ecosystem on three areas: ‘Make money,’ ‘Save money’ and ‘Save time.’ While the evolution to the platform is ongoing, Oracle continues to innovate in areas including applying data science to menu recommendations and optimized forecasting, providing better visibility to operational metrics, accelerating the payment process, and developing better APIs that drive more value from the partner network, analytics and visualization.” To read the excerpt visit, http://ora.cl/oP09p.   
 
Discover more about Oracle Food and Beverage’s products by visiting www.oracle.com/food-beverage.
 


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