Innovation

Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method". Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.

Source: en.wikipedia.org

How QSRs Can Satisfy Customers’ Appetite For Innovation

How QSRs Can Satisfy Customers’ Appetite For Innovation
How QSRs Can Satisfy Customers’ Appetite For Innovation
October 16, 2018  |  ResTech

A quick look at the latest edition of the PYMNTS Restaurant Readiness Index strongly drives home the point that consumers are, pardon the pun, starving for...

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NEW DATA: Why Two-Thirds Of Small Merchants Struggle To Innovate
NEW DATA: Why Two-Thirds Of Small Merchants Struggle To Innovate
October 16, 2018  |  Retail

Small and medium-sized businesses (SMBs) must possess a long list of attributes if they want to stay competitive in today’s day and age. To maintain...

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Amazon Patent Enables Alexa To Detect Illness Via Voice
Amazon Patent Enables Alexa To Detect Illness Via Voice
October 15, 2018  |  Amazon

Amazon is trying to make Alexa, its voice-activated personal assistant, act as a doctor or nurse, detecting illness by a change in the user’s voice....

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Startups Take On Porch Pirates With Neighborhood Networks
Startups Take On Porch Pirates With Neighborhood Networks
October 15, 2018  |  Retail

With consumers turning to eCommerce retailers to order all sorts of valuable merchandise, package theft has become a pervasive problem. According to one estimate, a...

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Today In Data: Offering Innovations In Risk-Rich Environments
Today In Data: Offering Innovations In Risk-Rich Environments
October 15, 2018  |  Today In Data

Where there are underserved consumers looking to enter the digital ecosystem, there are innovators big (and, in some cases, very big) and small looking to serve them. But...

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It’s Not Smart Tech If It’s Foolish
It’s Not Smart Tech If It’s Foolish
October 13, 2018  |  Artificial Intelligence

When English mountaineer George Mallory was asked in 1923 by The New York Times why he wanted to attempt to climb Mount Everest again (after having...

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Deep Dive: Single Vs. Multiple-Location QSR Customers
Deep Dive: Single Vs. Multiple-Location QSR Customers
October 12, 2018  |  QSR & Mobile

Why do some customers visit the same QSR location every day, and some will visit multiple locations of the same chain? The latest Restaurant Readiness...

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Subway Seeks To Innovate, Reworking Kiosks, Loyalty And Mobile
Subway Seeks To Innovate, Reworking Kiosks, Loyalty And Mobile
October 11, 2018  |  QSR & Mobile

For insight on how QSRs are responding to changing customer expectations, PYMNTS caught up with Carissa Ganelli, chief digital officer at Subway. She discussed the...

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