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Bringing Home the Big Data Bacon

Big Data. The two words are practically inescapable. And for good reason. Fortune 500 companies have been leveraging big data to operate with more intelligence and more speed than at any other time in history. Cloud companies like Salesforce, NetSuite, Workday and LinkedIn are now household names The food service industry is no stranger to […]

Big Data. The two words are practically inescapable. And for good reason. Fortune 500 companies have been leveraging big data to operate with more intelligence and more speed than at any other time in history.

Cloud companies like Salesforce, NetSuite, Workday and LinkedIn are now household names

The food service industry is no stranger to Big Data. There’s always been sales data, customer data, workforce data, and inventory data. The problem has been in connecting the fragmented information in a meaningful way that impacts the bottom line.

All that’s changed with the Big Data movement. Now our information is connected in ways spreadsheets simply can’t touch.

The Internet of Things

Today, we are becoming (if we aren’t already) a network of networks. By 2020, technology research firm Gartner expects 25 billion devices will be connected, largely fueled by the nexus of the cloud, mobile, social and information apps. Not to mention a bunch of really smart people.

A “thing,” in the Internet of things, can be an employee trading their shift, a guest making a kiosk purchase, an online maintenance indicator for an oven hood, the weather, or the amount of bacon used during football season.

The connections are seemingly limitless as long as there is data to be stored and used.

“What the restaurant industry needs is a democratization of data,” says Brian Gaffney, Senior Vice President of Engineering at Red Book Connect.

“When the data is stored in the cloud, businesses will be able to monitor, analyze and automate in ways that will improve the bottom line – in near real-time.”

Big Margins

So what do all of those delicious bytes of bacon add up to? When large organizations partner with a cloud platform, big strides can be made with less cost.

Take a minute to count all the different vendors you use in your business today. A cloud platform eliminates those disparate software and legacy systems.

It’s a standardized ecosystem where an operation’s information flows freely and securely into a central hub that is accessible across the enterprise. Then the information can be chopped up into many different bytes of tasty bacon bytes.

“Organizations don’t have to carry the burden or the cost of innovation, scale or security,” Gaffney explains.

A cloud-based approach is also attractive from the perspective that organizations can deploy an inexpensive restaurant operation solution across global operations quickly.

“Imagine having every single data point your company could ever need to track and then being able to build reports and models that instantly show you the health of your business – the way YOU want to see it,” adds Gaffney.

That’s next generation visualization that gives restaurant operations complete control.”

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