The Restaurant Report

195. Off-Premise Technology Delivering Speed and Experience


Listen Later

In today’s episode of The Restaurant Report, host Paul Barron chats with Rajat Suri, chief executive officer of Presto about the future of where technology is going in foodservice.

Suri, an engineer by training, confounded Lyft and developed Presto while at M.I.T. in 2008. Presto over the years started building out a suite of products in three major areas, touch, vision, and voice which are all different ways of translating a physical action or physical event to digital data. Presto Voice is a human-like AI voice, an assistant to help manage labor shortage. Presto Vision, a smart AI-driven analytics to optimize your everyday restaurant operations, and Presto Touch, a guest facing technology.

Barron asks Suri if off-premise including drive-thru, pick-up and curbside, how it is today is the new normal, he says, he thinks off-premise is underpriced and will see a higher cost over the next few years. As companies like Uber Eats and DoorDash costs go up and you will see a decline in the off-premise business. Suri says, “I think drive-thrus are going to do gangbusters everywhere, I don’t know if the world of people going back into dining rooms of restaurants that’s going to come all the way back because I think people have realized that drive-thrus are very convenient a lot of people are more addicted to that channel. The future looks very good.”

Barron talks to Suri about what would be the technology that would immediately draw people back into the drive-thrus, Suri says, I think the drive-thru is set for a rocket transformation due to technology. Presto is working on a drive-thru experience where you can literally drive in and you don’t need to order or pay, you just pick up food. Presto’s computer vision cameras can recognize the person ordering, have your food order ready for you and send you a text message to confirm you are getting the same thing or if you would like to add or change your order. Suri adds that this can speed up the drive-thru process and make it a better experience.

Labor is getting more expensive and technology is getting less expensive, Suri says. He adds, automation is the strongest it’s ever been today but it’s going to look like nothing compared to five to ten years from now.

To hear more from Suri about innovation, the future of technology in foodservice, and virtual staff members, check out this episode of The Restaurant Report on Spotify.
...more
View all episodesView all episodes
Download on the App Store

The Restaurant ReportBy Savor.fm

  • 5
  • 5
  • 5
  • 5
  • 5

5

24 ratings


More shows like The Restaurant Report

View all
Restaurant Rockstars Podcast by Roger Beaudoin

Restaurant Rockstars Podcast

47 Listeners

Founders by David Senra

Founders

1,810 Listeners

The Restaurant Coach Podcast by Donald Burns

The Restaurant Coach Podcast

57 Listeners

The Daily by The New York Times

The Daily

111,102 Listeners

Up First from NPR by NPR

Up First from NPR

56,005 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

6,547 Listeners

Armchair Expert with Dax Shepard by Armchair Umbrella

Armchair Expert with Dax Shepard

68,722 Listeners

Restaurant Masterminds Podcast by Savor Podcast Network

Restaurant Masterminds Podcast

25 Listeners

A Deeper Dive by Restaurant Business Magazine

A Deeper Dive

71 Listeners

Chef & Rare Podcast by Savor Podcast Network

Chef & Rare Podcast

24 Listeners

RESTAURANT STRATEGY by Chip Klose

RESTAURANT STRATEGY

149 Listeners

Extra Serving: A restaurant industry podcast by Nation's Restaurant News

Extra Serving: A restaurant industry podcast

29 Listeners

Fast Casual Nation Podcast by Savor.fm

Fast Casual Nation Podcast

19 Listeners

Rock My Restaurant by Savor.fm

Rock My Restaurant

14 Listeners

SmartLess by Jason Bateman, Sean Hayes, Will Arnett

SmartLess

57,732 Listeners

Restaurant Daily by Restaurant Business Online

Restaurant Daily

18 Listeners

Fly on the Wall with Dana Carvey and David Spade by Audacy

Fly on the Wall with Dana Carvey and David Spade

12,741 Listeners

The Tech Report Podcast by Savor.fm

The Tech Report Podcast

0 Listeners