Leveraging IoT Solutions to Protect Profit Margins

With profit margins ranging on average from three to nine percent,  restaurants are continually looking to keep costs down. How do restaurant operators find efficiencies to minimize costs without degrading quality or service? 

The industry has since entered recovery mode, but returning to pre-pandemic levels won’t be easy. Consumers have shown interest in returning to restaurants, but it’s a slow march, not a cavalcade. At the same time, restaurants are grappling with staffing issues, with recent research showing that one in three food service workers doesn’t want to stay in the industry. This puts even more pressure on restaurateurs to carefully calibrate costs and protect profit margins.

Restaurateurs, however, have options to mitigate these challenges with technological innovation. One desirable option is to leverage low-power IoT solutions to deliver energy and maintenance efficiencies and reduce operational expenses. Low-power IoT solutions are affordable, secure…