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The Drive For Different Types of Innovation

The Drive For Different Types of Innovation

How do you measure innovation? That’s a question that takes on fresh importance in today’s mobile and data age – and answers are coming, of all places, via food menus. Innovation and change also stand as constant factors in payments – including purchase financing – and in online marketplaces, where trust is becoming a more vital factor. Meanwhile, in the connected vehicle ecosystem, voice is becoming a much bigger agent for innovation.

Data:

44 percent: Top increase in average C-store order size with the combination of mobile payments and digital marketing.

140 million: Total number of weekly Walmart shoppers.

52 percent: QSRs’ share of all restaurant orders.

100 billion: Number of dinners eaten in U.S. homes in 2018.

51 minutes: Length of average round-trip U.S. commute.

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