This startup is developing a restaurant management platform using machine learning and computer vision technology for restaurants to see where food orders are going wrong
Artificial intelligence has taken over a variety of businesses, with the restaurant industry being one of the latest to do so, due to the global pandemic and the need to convert to online ordering. This demand is only increasing. According to the market research report, the global restaurant management software industry is expected to grow approximately 15% annually to reach $6.95 billion by 2025. In 2021, 60% of Americans purchased takeout or delivery at least once a week, with 31% using a third party delivery service.
Agot AI is a foodservice-focused forerunner in the computer vision (AI) technology revolution that is reshaping industries around the world. The Pennsylvania-based company says it has created a solution that verifies order accuracy in real time for online orders and alerts staff if an order needs to be corrected. For example, if a key ingredient like cheese or ketchup is forgotten. With the rise of Internet ordering and drive-thru, this technology could become increasingly advantageous.
Agot AI’s latest $12 million fundraising will allow the company to expand its engineering team and pilot programs with some of the leading QSR (Quick Service Restaurant) companies. Agot says it will also add more features to its product to improve the customer and employee experience in-store, at the drive-thru and behind the counter.
To improve order accuracy and customer happiness, Agot uses computer vision technologies. Employees are aided by the system, which uses computer vision technology in restaurant kitchens to ensure meals are prepared with precision. Agot technology can help restaurant teams become more productive by ensuring order accuracy, which benefits both employees and consumers.