Software is Eating the Restaurant World
Marc Andreesen, the front man and founder behind one of Silicon Valley's most sought after venture capital firms, Andreesen Horowitz, coined the most popular phrase in the technology world: "Software is eating the world." As it turns out, restaurants and the foodservice industry at large are no exception to this rule.
In this session, Rory and Tommy will provide a brief history of technological innovation in restaurants and also summarize the 'tech du jour' in the industry today, including delivery services, reservation systems, point-of-sale and inventory schemes, mobile checkout, and more. Their talk will also cover emerging technologies and trends likely to impact operators in the next five to ten years and finish by explaining some of the more long-term possibilities being prophesied by foodservice futurists.
Technological innovation is seen by many in the restaurant industry to be an unnecessary and negative disruptive force, but there is no doubt that the operators who maintain an open mind and keep an eye towards the future will be in a good position to weather the oncoming storm. Tommy and Rory hope to give a brief, yet cohesive, view into the software that will eat the restaurant world.
Rory is a cofounder of NickelCommerce and leads product development. He lived in London and worked in financial compliance at RWC Partners, a hedge fund, prior to moving home to Texas to work on NickelCommerce. At RWC, he was instrumental in the operation of funds totaling $14B in assets under management. Rory holds a degree in Electrical Engineering from Rensselaer Polytechnic Institute. When not working, you can find Rory playing piano, traveling, or grabbing a cheeky pint with mates.
Tommy is the founder and CEO of NickelCommerce, a digital marketplace that tracks restaurant costs and brings transparency to purchasing by allowing operators to share invoice data. Prior to NickelCommerce, he worked as a consultant to large hospital chains and the military, helping develop innovative, cost-effective solutions for healthcare delivery. Tommy holds a Masters in Economics from Boston University and a degree in Management from the University of Texas at Austin. He is a self-taught computer programmer and a craft beer lover.