Blog
December 11, 2019
With more than 1 million restaurant locations in the US in 2019, it becomes more important than ever to think about what your restaurant’s unique value proposition among your competition is. But think about value not just in terms of lower prices and higher discounts. Today, guests who dine out want more than a meal, and are looking for a total dining experience that they can enjoy with family and […]
December 9, 2019
In the restaurant industry today, server turnover is not the only problem on the minds of restaurant owners and operators. Another major pain point is the fact that the available labor pool is dwindling due to the low unemployment rate, and at higher costs. Why Is There a Labor Shortage in the Restaurant Industry? The US restaurant industry has relied on a relatively cheap and plentiful labor source because of […]
November 19, 2019
Presto has been selected to deploy its industry-leading pay-at-table tablets at participating Denny’s restaurants across America Presto, the restaurant industry’s end-to-end front-of-house (FOH) technology platform, has been selected by Denny’s, one of America’s largest full-service family restaurant chains, as the exclusive provider of its guest-facing pay-at-table solution. The solution is designed to provide a superior guest experience, real time payments, and a range of operational benefits. This partnership with Presto […]
November 12, 2019
Presto’s Payment Data Security Earns Payment Card Industry’s Point-to-Point Encryption Certification
Presto is the only comprehensive pay-at-table system to receive this certification. The Point-to-Point Encryption (P2PE) certification is amongst the strictest in the industry. Presto, provider of the restaurant industry’s next generation front-of-house (FOH) technology platform, has been recognized as an official Payment Card Security Council’s Point-to-Point (P2PE) full solution provider, making the company the only comprehensive pay-at-table system to meet the strict PCI P2PE standards required for payment solutions. Established […]
October 16, 2019
Presto Vision enables real-time alerts and optimization of restaurant operations, thanks to its powerful application of AI video processing. Presto, the creator of the restaurant industry’s only end-to-end FOH technology platform, announced today the launch of Presto Vision—the first comprehensive computer vision product for restaurants. Cameras are discreetly placed in restaurant lobbies and dining areas to analyze real-time behavior of staff and guests, while the system uses AI to alert […]
October 10, 2019
Presto joins other Y Combinator alumni such as Stripe, Airbnb, and Dropbox on the Y Combinator’s Top Companies List for 2019. Y Combinator—the largest startup accelerator in the world—first published their list of the top companies that went through the accelerator in October 2018, as sorted by valuation. They recently updated their website with a 2019 edition of the top 101 companies. While Y Combinator recognizes that “valuation is a […]
April 29, 2019
For quite a while now, off-premise sales growth has been getting the majority of the attention for restaurant enterprise management teams. Yet there is a stronger case for investment in FOH innovation vs an exclusive focus on off-premise. There are only a few levers outside food quality / menu that really move the needle for restaurants to drive EBITDA growth: Improve dine-in guest service, which drives up Guest Satisfaction / […]
March 15, 2019
REDWOOD CITY, Calif., Feb. 27th, 2019 – Presto, the leading enterprise front-office software platform for the $900B hospitality industry, today announced $30M in growth funding led by Recruit Holdings and Romulus Capital with participation from I2BF Global Ventures, EG Capital and Brainchild Holdings. Presto provides a cutting-edge technology suite to top foodservice and hospitality chains that expands operating profits by speeding consumer experiences and improving labor productivity. With national unemployment […]
February 21, 2019
Presto Adds First-of-its-Kind Wearable Technology and A.I. to Suite of Front of House Tech Solutions
Presto’s innovative products reshaping the industry, maximizing labor productivity, speeding up service and delivering critical insights for operators REDWOOD CITY, Calif., Jan. 14, 2019 – Presto, the creator of the only comprehensive front of house platform solution for restaurant operators, announced today the launch of two new cutting edge products that will shift the landscape of the industry: Presto Wearables, a smartwatch-like device that notifies servers of guests’ needs and […]
November 10, 2018
Earlier this month, Amazon dropped a bombshell on the restaurant industry – it was increasing the minimum wage of its 500,000 strong workforce, including all its low-skilled warehouse staff, to $15 per hour. In the tightest labor market in the post-war era with unemployment at 3.7%, this was a hammer blow. Restaurants are already deep in the trenches fighting off competition from Uber, Lyft, Instacart and a multitude of other […]
May 31, 2018
Did you know the number of data breaches increased by over 40% since 2016? Restaurants are key victims for these attacks, so how important is it to have the most up-to-date and secure restaurant technology today?
February 15, 2018
Six-time Pro Bowler Chad Johnson paid a visit to Applebees recently, and he was in awe by the PrestoPrime EMV Terminal tablets that you used to pay your bills. Exclaiming he would stop raising the tip amount after his finger cramped, he left a tip of $207.50. You can hear servers in the video below, proclaiming their astonishment and shock after he left his server a tip of 342 percent […]