Toast Reveals Restaurant Technology in 2017 Industry Report

October 29 13:00 2017 Print This Article

BOSTON, Oct. 30, 2017 (GLOBE NEWSWIRE) — Toast, the all-in-one restaurant technology platform and one of the fastest-growing SaaS companies in the U.S., today unveiled its third annual Restaurant Technology in 2017 Industry Report. The findings cover both diner preferences and restaurateur perspectives.

Key findings include:

  • 95 percent of restaurateurs agree that technology improves business efficiency;
  • 81 percent of diners used a restaurant’s website to place an online order; and,
  • 82 percent of diners go out to eat at least once a week.

Commenting on what will have the greatest future impact on restaurant technology, David Scott Peters, founder of TheRestaurantExpert.com, said, “As technology gets less expensive and more systems talk with each other, software will get smarter and not only provide analytics, it will automatically tell the restaurant owner where the problems are and what they need to fix.”

To access the full report, visit Restaurant Technology in 2017.

Survey Methodology:
2,206 individuals gave complete responses to the 2017 Restaurant Technology survey.
Of the respondents, 3% were under age 18, 69% were 18-39, 22% were 40-59, and 6% were age 60+. 59% were female, 37% were male, and 4% identified as other or preferred not to respond.

ABOUT TOAST
Founded by Steve Fredette, Aman Narang and Jonathan Grimm, Toast is a restaurant technology platform that enables customers to simplify and streamline all elements of their operation and deliver a better guest experience. Toast offers a mobile, cloud-based point of sale system (POS) that easily integrates with front-of-house, back-of-house, online ordering, gift card and loyalty programs, as well as labor and sales reporting. Since launching in 2013, the company has grown to over 500 employees. In 2017, Toast was named one of the world’s hottest cloud computing companies in the Forbes Cloud 100 and it announced raising over $100 million as part of its Series C financing. Learn more at www.toasttab.com.

CONTACT
Karen DeVincent
PR and Branding Manager
[email protected]
857-301-6074

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Jonathan Yaniv
Jonathan Yaniv

Jonathan is the founder and editor-in-chief of TrustedNerd.com. Covering major tech shows such as CES, Jonathan is always there for the latest tech news. Want your gadget to be reviewed or have a release you’d like to be considered for publishing? Send Jonathan an email, jonathan [at] trustednerd.com

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