Proppos FastPay's food-recognition technology decreases checkout times to 5-10 seconds and its AI-driven predictive consumption models optimizes operational efficiency.
Why
Resource mismanagement
Unable to predict customer demand, restaurants fail to optimize the purchase of ingredients accordingly.
Lack of awareness
Most customers are unaware of their nutritional needs and tend to over-order food.
Preventable food waste
Restaurants throw away 4 to 10% of the food they purchase without cooking it.
Market
$12bn
Global spending on AI services by retailers by 2023, up from US$3.6bn estimated in 2019, driven by better margins and service to customers. (Juniper Research)
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