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Article by: Sead Fadilpasic The recent discussion at the Snowflake Data Cloud Summit highlighted the transformative potential of data-driven solutions, particularly for industries facing complex challenges. The pandemic disrupted traditional business models across various industries, prompting a reevaluation of how data is used to navigate new market realities and provide insights for pricing, Jayne Strickland [...]

In our previous discussion, we highlighted the crucial role of infrastructure in revenue management, especially for quick-service restaurants. Here, we’ll delve deeper into the three main components of infrastructure: data, systems, and culture, and how they form the backbone of effective revenue management. Data Accurate, granular, and timely data is the cornerstone of successful revenue [...]

The latest episode of the Restaurant Technology Guys podcast dives deep into the world of data-driven decisions in the restaurant industry. Jeremy is joined by Mike Lukianoff, a seasoned veteran in restaurant operations and technology, currently spearheading SignalFlare.ai. This insightful conversation covers Mike’s career journey, the evolution of data analytics in the restaurant industry, and [...]

SignalFlare.ai, the exclusive provider of decision intelligence for multi-unit restaurants, is the winner of the 2024 Snowflake Startup Challenge. Now in its fourth year, the Snowflake Startup Challenge recognizes early-stage startups for their innovation in building software that relies on the Snowflake AI Data Cloud. NEW YORK, June 12, 2024 /PRNewswire-PRWeb/ — SignalFlare.ai, the exclusive [...]

What’s today’s special? It’s SignalFlare.ai, the decision intelligence platform for chain restaurants and newly crowned 2024 Snowflake Startup Challenge winner! SignalFlare.ai seeks to help restaurant chains manage their pricing and profit without alienating customers. Driven by algorithms developed by CEO and company founder Michael Lukianoff, SignalFlare offers machine learning (ML) models that prepare price and [...]

The idea behind fast-food restaurants is pretty simple: You don’t wait long, you don’t make it yourself, and you don’t pay that much. However, expense has become an issue with several of the largest chains. Roughly a quarter of low-income consumers, defined as those making less than $50,000 a year, said they were eating less fast [...]

Leader in Decision Intelligence rebrands to better reflect the value it delivers for multi-unit restaurants including First Watch, Freebirds World Burrito, and Authentic Restaurant Brands NEW YORK, April 11, 2024 /PRNewswire-PRWeb/ — Extropy 360, the market leader in decision intelligence and data science for multi-unit restaurant decision makers, today announced it is operating under the [...]

Over the past week there has been a lot of commotion over Wendy’s who first announced a ‘Dynamic Pricing’ initiative, then retrenched describing an initiative that sounded like either day-part pricing or discount automation. Announcing a ‘Dynamic Pricing’ initiative 6 months ago wouldn’t have created a firestorm, but circumstances have changed. We are now on [...]

Mike is CEO and co-founder of Extropy 360, which specializes in decision intelligence. As a data science expert and entrepreneur specializing in geo-spatial analytics & consumer demand patterns, he pioneered the use of data driven solutions in the restaurant industry. Mike has created multiple analytical methods for price, promotion, marketing optimization and site selection, many [...]