Yoshinoya is committed to being at the forefront of digitalization by introducing mobile ordering and consistently enhancing its membership app. With the aid of generative artificial intelligence, this dedication has positioned Yoshinoya as a pioneer in the fast-food industry, utilizing innovative concepts and strategies. Recently, Yoshinoya unveiled the ground-breaking “Privilege Pass,” a game-changing monthly discount e-card on its app. By seamlessly integrating electronic coupons to its membership apps, Yoshinoya has further solidified its position as an industry leader, striving to provide customers with unparalleled convenience to access discounted prices.
Revolutionizing the F&B Industry: Cutting-Edge Monthly Discount e-Card Elevates Consumer Experience and Leads Market TrendsSince the introduction of the “Privilege Pass” on our membership app in 2023, we have observed a significant boost in the average sales of Yoshinoya members who have purchased the pass. In comparison to members who have not purchased the Privilege Pass, those who have experienced an impressive sales increase of over 50%, indicating the enthusiastic response of customers towards the monthly discount e-card. The increase in app membership numbers and positive feedback have motivated Yoshinoya to further enhance its digitalization efforts. Yoshinoya is committed to providing exceptional discounts and convenient access to exclusive offers, showing its gratitude to loyal members who have supported the brand during the challenging economic environment post-pandemic.
By introducing the mobile membership app, which allows customers to place in-store and takeaway orders and access various discount coupons, Yoshinoya is able to gain valuable insights into customers’ preferences and spending habits. It also helps address the long-standing issue of labor shortage in the food and beverage industry. To further promote digitalization, Yoshinoya has taken an unprecedented step by introducing the “Privilege Pass,” a monthly discount e-card. With the one-time purchase of the pass, customers can enjoy discounted prices on a selection of delicacies throughout the entire month. Yoshinoya aims to lead the industry in driving digitalization by integrating electronic membership cards and regular discount coupons, providing customers with a more convenient and affordable dining experience.
Yoshinoya is confident in its digital transformation, as evidenced by the positive reception of the Monthly Discount e-Pass. Despite the challenges posed by the pandemic, the number of members on the app continued to rise, with a growth rate in the second half of 2023 exceeding 20% compared to the first half. The highest-spending customer group consisted of members using the “Privilege Pass,” and the launch of the pass also led to a significant increase of over 10% in online ordering. This indicates that customers are gradually embracing digital services. Yoshinoya aims to further promote comprehensive digital transformation, enabling customers to enjoy a seamless digital dining experience and convenient access to promotional offers and information.
Revolutionizing Dining Services: Utilizing Innovative Technology for Faster and More Convenient ExperiencesContinuing its commitment to driving digital transformation in the F&B industry, Yoshinoya is dedicated to enhancing the dining experience. In addition to launching the mobile membership app and the “Privilege Pass,” Yoshinoya has strategic plans to expand the innovative “Delivery Line” concept from its +Woo branch to other locations, including the newly opened MOSTown branch in Ma On Shan. The objective is to provide customers with a revolutionary and seamless digital dining experience. Through their smartphones, customers can conveniently place orders and make payments, while comfortably enjoying their seats as they await the delivery of their food via the “Delivery Line.” This cutting-edge dining experience not only offers enhanced efficiency in catering services but also allows customers to embrace Yoshinoya’s spirit of innovation.
Digital transformation has the potential to revolutionize the customer dining experience while effectively addressing the long-standing issue of labor shortages in the food and beverage industry. Recognizing the growing significance of AI (Artificial Intelligence) applications, Yoshinoya has seamlessly integrated AI into its operational decision-making processes to enhance management efficiency and gain invaluable insights into the needs of its customers in Hong Kong. This strategic integration empowers the company to develop market-oriented strategies and cultivate better prospects for future growth. By utilizing advanced AI analysis techniques in operational decision-making, Yoshinoya conducts comprehensive data analysis on critical factors such as customer traffic trends, queue times, and seat utilization rates. This data-driven approach enables the company to formulate targeted operational and marketing plans, delivering higher-quality catering services and more enticing promotional offers to its valued customers.
Yoshinoya emphasizes its ability to leverage AI technology to identify dining areas with lower population density and gain valuable insights into seat utilization rates. This enables the company to optimize seat arrangements and enhance the overall dining experience. Data analysis has revealed that certain seating areas have lower utilization rates during specific time slots. Yoshinoya has responded by adjusting seat arrangements based on customer preferences. As a result, seat utilization rates have significantly increased to over 80%, effectively improving seat occupancy rates and operational efficiency at each branch. With its comprehensive digital transformation, Yoshinoya is committed to instilling confidence and leading the industry into a fully digitized era. This will reshape the food and beverage industry, offering customers a more innovative and high-quality dining experience.
The post Yoshinoya Sets the Pace in Digital Dining Transformation appeared first on HIPTHER Alerts.
Temporary Wall Systems Las Vegas to announce grand opening at the NAHB International Builders’ Show
Temporary Wall Systems (TWS), the first and leading full-service, temporary containment wall provider in the United States, will announce the grand opening of its new Las Vegas, Nevada, location at the National Association of Home Builders’ (NAHB) International Builders’ Show (IBS) at the Las Vegas Convention Center Feb. 27-29.
“I’m on a mission to transform the local construction landscape,” owner Jennifer Dice said. “Temporary Wall Systems has the perfect solution to elevate the standard of renovation projects in the Las Vegas area. They’re safer, more convenient and more visually appealing than temporary walls made of permanent material. To top it off, they can be reused, so that material doesn’t end up in our landfills.”
Dice will be at the IBS show at Booth No. C8315 and will showcase her Temporary Wall Systems Las Vegas containment wall solutions.
Dice and her husband, Skylar, moved to the area two years ago, and her professional experience includes casino marketing and operations and economic development. She brings the skills she learned at these positions to her Temporary Wall Systems venture.
“Starting a new business will provide me with an ever-evolving learning experience to foster personal and professional growth,” she said. “I’m committed to making a positive impact in my local community by providing a superior containment wall solution. Las Vegas is always growing and expanding, and these walls are perfect for an area that sees a lot of construction and renovation.”
Dice said she chose HomeFront Brands, Temporary Wall Systems’ parent company, as her franchising partner because of its alignment with her goals.
“The TWS team shares my vision, values and goals,” she said. “Working with their team has been both exciting and rewarding.”
Temporary Wall Systems Las Vegas serves the Boulder City, Enterprise, Henderson, Las Vegas, Paradise, Spring Valley, Summerlin, Whitney and Winchester areas.
TWS is part of HomeFront Brands, a family of emerging, franchised residential and commercial property service brands that offers integrated technology, data support, lead generation, business intelligence systems and training to its partners.
The post Temporary Wall Systems Las Vegas to announce grand opening at the NAHB International Builders’ Show appeared first on HIPTHER Alerts.
ITRI Partners with Mexico’s Sonora to Foster Science Park Development
ITRI has signed a consulting service agreement with the state of Sonora in Mexico for science park planning and counseling, deepening Mexico–Taiwan cooperation in the fields of technology and industry. The effort includes regional coopetition analysis, strategy consulting, business development, capability enabling, and implementation support, aiming to create a competitive and sustainable science park in Sonora. This venture also extends its benefits to Taiwanese manufacturers eyeing expansion opportunities in Mexico.
ITRI’s Senior Vice President Stephen Su emphasized the strategic significance of Mexico in the global supply chain, particularly in the burgeoning electric vehicle industry. He highlighted Mexico’s advantageous geographical location, coupled with competitive production costs and labor expenses, comprehensive automotive manufacturing clusters, rich mineral resources, as well as the privilege of zero tariffs under the United States-Mexico-Canada Agreement (USMCA). This collaboration emerges against the backdrop of Mexico as Taiwan’s largest export market and trading partner in Latin America. Through this partnership, bilateral exchanges in sectors such as semiconductors, electric vehicles, artificial intelligence, and automation industries will be deepened, supporting Taiwanese companies seeking to expand their operations in the thriving Mexican market.
Governor of Sonora Francisco Alfonso Durazo Montaño expressed his pleasure in partnering with ITRI, recognizing ITRI’s role as a key driver in Taiwan’s semiconductor and ICT industries. Sonora, aligning its vision with “Plan Sonora,” the state’s sustainability development strategy, has noted the surge in international companies relocating their supply chains to Mexico. In response, the state has launched the development of the Sonora Science and Technology Park to meet the growing demands of emerging industries such as ICT and electric vehicles. The Governor articulated his hopes that the collaboration with ITRI will enable both entities to leverage their strengths and jointly explore international markets.
The post ITRI Partners with Mexico’s Sonora to Foster Science Park Development appeared first on HIPTHER Alerts.
ASTRI sets up FinTech and ESG Alliance
The Hong Kong Applied Science and Technology Research Institute (ASTRI) has inaugurated a “FinTech and ESG Alliance” on 22 February to foster a dynamic platform for exchange and knowledge-sharing. This alliance aims to enhance engagement with regulators, policymakers, incubators and accelerators, FinTech start-ups and enterprises, as well as other stakeholders to promote technological collaboration and commercialisation, bolstering Hong Kong’s role as a world-leading green FinTech hub.
ASTRI was honoured to have the Hon Jeffrey Lam, Member, Executive Council and Legislative Council, HKSAR Government, as our Guest-of-Honour, together with over 400 experts and leaders from the academia, FinTech and the green sectors witness this special occasion. Distinguished representatives from the Hong Kong Monetary Authority, Invest Hong Kong and several financial institutions were invited to address the seminar. The discussion covered various topics such as the digital transformation of banking and insurance industries, digital asset, sustainable finance and related policy, heralding a new era of digital innovation in financial industry.
In the Policy Address 2023, the HKSAR Chief Executive highlighted the government’s commitment to driving green and sustainable finance in Hong Kong. In addition, Financial Secretary said earlier that building Hong Kong as an international green tech and green finance hub is one of the main goals in the coming year, as sustainability is a global agenda. “Alongside promoting the development of technological solutions and providing early-stage funding support for pre-commercialised green FinTech, we’re dedicated to expanding the green FinTech ecosystem and developing Hong Kong into a green FinTech hub,” said the Hon Jeffrey Lam, who also commended ASTRI for its significant contribution in this initiative.
“Our expertise in the financial sector spans a broad spectrum, providing diversified financial products and services in banking, investment, insurance and others, which exemplifies our role as Asia’s green FinTech hub,” he added.
Technology transforms financial services
The financial sector has long been a vital pillar of Hong Kong economy, contributing to over 20% of the city’s GDP. As Hong Kong continues to evolve into an international innovation and technology hub, there is an explosive expansion in the FinTech community.
Ir Sunny Lee, Chairman, ASTRI stressed that national policy supports Hong Kong’s journey to become a global innovation and technology (I&T) hub, with FinTech playing a crucial role in smart city development. “The Alliance serves as an effective communication platform for the industry to explore the utilisation of emerging technologies such as AI and blockchain to revolutionise financial services, enhance operational efficiency, and expedite the I&T adoption to benefit businesses and the public, cementing Hong Kong’s leading role as a financial hub,” he said.
Promote FinTech adoption for ESG
To foster the development of a knowledge-based economy and enhance accessibility to financial services for both the public and businesses, the HKSAR Government actively supports the growth of financial technology. This includes promoting more FinTech services and products to undergo proof-of-concept trials, alongside the enhancement of innovative FinTech infrastructure.
Mr Joseph Chan, Under Secretary for Financial Services and the Treasury, HKSAR Government said:”To better integrate Fintech with green finance and actively expand the green Fintech ecosystem, we will launch a dedicated proof-of-concept subsidy scheme for green Fintech in the first half of this year. This pioneering scheme is designed to stimulate the development of innovative technological solutions in the green sector and to offer early-stage funding support for pre-commercial green Fintech initiatives.”
Aligned with the HKSAR Government’s initiatives, ASTRI has commercialised several self-developed technologies in FinTech & ESG fields. Key projects include: (1) collaborating with Bank for International Settlements (BIS) and Hong Kong Monetary Authority to establish a proof-of-concept CBDC system focusing on safety, flexibility and privacy; (2) creating a privacy-preserving Federated Learning model to enable banks to utilise alternative data for developing new credit models and aiding SMEs in obtaining financing; (3) establishing a sandbox environment to offer private, controlled and quorum-based runtimes for assessing the performance and security of smart contracts.
With the escalation of global climate change, there is a growing demand for environmental, social and governance (ESG) information disclosure from listed companies worldwide. ASTRI’s “Artificial Intelligence ESG Report Analysis” technology leverages artificial intelligence (AI) and deep learning technologies to assist financial institutions in enhancing the efficiency of processing ESG report data. This innovative solution aids in meeting regulatory compliance requirements and information disclosure standard, while minimising compliance cost.
Encourage I&T collaboration
The “FinTech and ESG Alliance” marks ASTRI’s third alliance formation. Dr Denis Yip, Chief Executive Officer of ASTRI said: “Building on our previous achievements, our goal is to engage with all stakeholders to develop a holistic ecosystem that paves the way for an innovative era of financial services and sustainability. ASTRI remains committed in advancing knowledge transfer and technological innovation, fostering collaboration among Alliance members and the global industry through a range of networking and matchmaking initiatives.”
ASTRI is dedicated to promoting collaboration among government, industry, universities and research sectors. This commitment aims to enhance cooperation across the I&T industry’s upstream, midstream, and downstream segments, while also nurturing Hong Kong’s financial talent pool. Over the past two years, ASTRI has entered into Memorandum of Understanding (MoUs) with six local universities (HKU, CUHK, HKUST, City U, PolyU and BU) and formed two industry alliances: the “Microelectronics Technology Consortium” (November 2022) and “Smart Mobility Technology (C-V2X) Alliance” (April 2023).
The newly established “FinTech and ESG Alliance” is backed by banks, financial institutions and businesses. It aims to foster the convergence of emerging FinTech solutions and drive the digital transformation of conventional financial and insurance services to enhance operational efficiency. The Alliance is set to host a series of events for its members including talks, seminars, technology showcases, overseas missions, to facilitate collaboration among stakeholders and tap into fresh opportunities in the Mainland China and overseas, injecting new impetus into Hong Kong’s economy.
The post ASTRI sets up FinTech and ESG Alliance appeared first on HIPTHER Alerts.
- ZTE set to bring brilliant 5G-A highlights to MWC 2024, unfolding the intelligent future
- Temporary Wall Systems Las Vegas to announce grand opening at the NAHB International Builders’ Show
- MIAMI INVESTOR SUMMIT KICKS OFF TODAY WITH GLOBAL LEADERS DISCUSSING HUMANITY’S BIGGEST CHALLENGES
- Securitas issues a MEUR 500 Eurobond
- Zeki Research Publishes State of AI Talent 2024 Report
- Flow Studio Takes Another Step Forward with CES 2024 Win
- ITRI Partners with Mexico’s Sonora to Foster Science Park Development
- ASTRI sets up FinTech and ESG Alliance
- Lancet Digital Health Publishes Study Confirming MAGENTIQ-COLO™ AI-aided Colonoscopy Technology Improves Adenoma Detection Rates
- Clarivate Recognized in the WTR 1000 2024 for Trademark Business
- United Imaging Showcases AI-Driven Innovations and Expands European Presence at ECR 2024
- IDTechEx Discusses Advanced Semiconductor Packaging Trends in AI and HPC
- Two thirds of PR Pros can’t prove their work helps their business or client: CoverageBook
- IDTechEx Discusses New Trends: Radar Modules and ToF Cameras for In-Cabin Sensing
- Hawk AI welcomes new general manager Robin Lee
Artificial Intelligence6 days ago
Yango Unveils Yango Play in MENA: An AI-Powered Entertainment Super App with Movies, Series, Music, and Mini-Games
Artificial Intelligence6 days ago
Blending AI with Market Expertise – InternationalReserve Launches New Analysis Tool
Artificial Intelligence5 days ago
‘The Cloud’ Secures $12 Million in Series B Funding, Acquires Leading UK Food Tech Startup KBOX, Aiming for Expansion in Europe
Artificial Intelligence5 days ago
MWC 2024 | 5.5G Intelligent Core Empowers Carrier Business
Artificial Intelligence5 days ago
Translation Management Systems Market worth $5.7 billion by 2030 – Exclusive Report by MarketsandMarkets™
Artificial Intelligence4 days ago
BST Global Earns Frost & Sullivan’s 2024 Global Company of the Year Award for Driving Digital Transformation in the AEC Industry
Artificial Intelligence6 days ago
Revolutionizing Market Analysis: TheRevenueCenterPro Unveils New AI-powered Analysis Tool
Uncategorized5 days ago
Integrit Unveils ‘Stella’: Pioneering AI Hardware Generating Dynamic Interactions with LLMs