IoT is an Opportunity to Preface New Level of Experience in Restaurant Business

There has always been pressure upon the companies or individuals to adapt to the latest technology. These technologies always create doubt for its success, and we think that why we adopt it, until and unless we see its benefits. Similarly, with the proliferation of the Internet of Things (IoT) in our daily lives hesitated users initially but, later it created a tsunami of change that formed a boom in our economy and changed the way of working of restaurants business. 

It made food and restaurants business affordable and accessible to all kind of customers. Also, restaurants became more focused on quick-service and technology. In short, by adopting the IoT, the food and restaurants business runs to its highest potential.

The benefits offered by IoT technology in the food and restaurants business is to monitor food safety, maintain the food stocks, cut-down food wastage, reduce costs and risks in the business, and deliver high-quality food to the end consumer.

According to statistics by ReportLinker, “The Internet of Things (IoT) and traceability for food and beverage (F&B) manufacturing market was valued at 4.08 billion dollars in market revenue in 2017. And, it is expected to reach 8.43 billion dollars by 2025, growing at a compound annual growth rate (CAGR) of 9.5%”.

Internet of Things (IoT)

The Internet of Things is the possibility of connecting anything with the World Wide Web. It is a system that connects physical objects accessible through the Internet. It gathers and shares the collected data according to the way they are used by things and people.

How does the Internet of Things (IoT) work?

Devices and objects with built-in sensors are connected to an Internet of Things platform, which integrates data from the different devices, and implements analytics into it. Then shares the most valuable information with applications built to address specific needs.

The main objective of IoT is to share valuable information with applications meant for any specific user need. This information is taken from devices and objects, which have built-in sensors that connected to the IoT platform. These platforms are capable enough to choose relevant data or ignore irrelevant data.

Google Home and Amazon Alexa are the latest examples of IoT. With this, you feel the power of the Internet that how smoothly the Internet interacts with a human. Another example is- you just came into your room, and the sensors automatically feel your presence in the room, and switch on the lights and air conditioner as per your preference level. This level of personal satisfaction is possible only with the IoT, and we wish for more IoT innovations that add comfort in our daily life.

When we are applying IoT in Food and Restaurants business, then it serves in the following pattern:

• First, it uses sensors to detect which areas in the restaurants need to be the focus (Kitchen area, restaurants area, reception area, etc.).
• Breaks the information into chunks to identify which components are consuming fastest.
• Automatically sends information to the authorized person, so that popular items don’t go out of stock.

Based on the real-time information, IoT helps a business to save time and money. It also enables the business owner to make smart decisions about their business and stocks.

Benefits Offered by IoT

On-Demand Delivery

Restaurants can track data in the restaurant space where the sensors are placed. With the help of IoT, it can easily get the data of oil level, monitor vegetables, utensils, and other cooking tools, and notifies accordingly. This will saves the restaurants time and ensures that the restaurants have enough stock to run their business.

Monitoring based on Mobile Application

The restaurant is the place where the owners’ physical presence is more important than anything. But IoT makes sure that the owner can access his restaurants through Smartphone and app-based monitoring. With IoT, the owner can get data about their sales, the number of employees present, the number of customers in the restaurant area, and also monitor the entire system.

Assets Tracking & Monitoring

IoT helps to monitor the food items and sends alerts if any of the food is out of stock. That ensures minimal food waste. It also checks the expiry dates of the food items so that the reputation of the business is maintained.

Customer Location Tracking

Customer location tracking via IoT increases customers’ interaction with the restaurant. You can check their data and easily find out the time they spent in your restaurants. This information will enhance the customer experience.

Ordering/ Payment directly from the table

Use of IoT will help the user in case of the unavailability of waiter for taking the order or for cash-less bill payment. If the waiter is busy somewhere in work and you need to take orders from the customer, then you can provide the IoT technology to the customer for taking the order directly from the table. And, similar way you can take your bill payment through app.

Effective Stock Management

Maintaining the stock and lower the wastage in the restaurants is the main issue in the food business. Being in the hospitality business, you have the responsibility to satisfy your customer’s varying demands and choices. The IoT based sensors connected system can easily control and manage the stock management. IoT application development facilitates restaurant business a food delivery app that keeps checking on available stock time-to-time.

Operational Efficiency & Additional Systems

This is one of the important parameters that every business need to consider first. Tracking the employees’ daily activities helps the owner to recognize its effectiveness towards business. With IoT, you can track their in/ out time, location, speed of food delivery, etc. This results in a better scheduling system, improved time logging, and a prioritization of tasks that benefit both operations and customer service.

Final Words

As a restaurant owner, you want to offer the best experience to your customers. IoT technology implementation is an effective way to take maximum advantage from the resources you cost-effectively applied in your business. The internet of Things (IoT) makes your life more predictable that put even minute details of your business under your control.

When changes are essential for your app, then you have to enhance your restaurant mobile app with the flow of demand. The restaurant mobile app development based on IoT is not that much expensive, but the cost of IoT app depends upon your requirements. So, want to develop or modify an IoT-based app for your business? There are many development companies available in the market. Just pick one and enjoy the facility of IoT technology.