Restaurant Data Analytics – A Comprehensive Guide
In 2024, the restaurant industry is in the middle of a restructuring fuelled by data, AI, and analytics. The sector is favoring data-driven approaches and technologies that power up data analytics. The data-first mindset in the restaurant industry is gaining traction, especially after 2020. Today’s restaurant businesses are trying to find avenues to acquire insights such as restaurant location data , restaurant delivery analytics , and many more to decide future actions. This shift toward restaurant data analytics is healthy and proving to be highly profitable for restaurant owners relying on restaurant analytics to make key business decisions. The rise of third-party food delivery apps, cloud kitchens, and take-out-only restaurants (ghost kitchens) in the last few years points towards the shift from dining to delivery. To capitalize on this trend, even traditional restaurants have joined the delivery platforms to start online food deliveries. Many restaurant chains h...