A FRONT-TO-BACK RESTAURANT MANAGEMENT SYSTEM

Making income from amicable networks is a holy grail for tech startups, and- a Moscow organisation reckons it has found a approach to do so by formulating a front-to-back grill government complement that includes a faithfulness scheme.
In his day job, David Yang runs ABBYY, that specializes in linguistic approval and- interpretation software. But, as a ardent restaurateur, he has speckled an event combined by amicable networks such as Facebook and- Foursquare.

The outcome is iiko (en.iiko.ru), an integrated complement that hand-les orders, inventory, monetary and- security. It additionally runs a faithfulness intrigue geared to a breakthrough for location-based networking.
“Loyal guest have been improved encouraged because- if they tell a letter of reference upon their wall and- their friends come, a recommender receives partial of their spending (as a discount),” Yang told Reuters during Artefaq, a single of his smart restaurants.

“His or her friends will additionally embrace giveaway wine, giveaway burgers, giveaway mojitos,” pronounced a Armenian-born Yang, whose father came from China to a Soviet Union to investigate production customarily to be strand-ed by a Cultural Revolution.

If that’s not enough, iikoDJ can fool around a right music, during a right volume, during a right time of day or night.

“During a day you should shift a volume and- in opposite bedrooms have opposite song playing,” pronounced Yang.

“But people in a restaurants do not customarily care, they do not switch music, they do not switch volume or, even worse, they put upon their own music.”

Yang expects iiko, that was founded in 2005 and- perceived an investment from brokerage Troika Dialog in 2008, to beget $50 million in revenues by 2015 by one-off sales or use contracts, surfaced up by 1-2 percent of collections.

The complement is already operative in 1,400 restaurants and- cafes, together with a Russian operations of Dunkin’ Donuts and- Sbarro. Yang skeleton to take iiko general and- strech 40,000 sites by mid-decade.

SOVIET-ERA STARTUP
 Yang was a tyro during a Moscow Institute of Physics and- Technology in 1989 when he went in to commercial operation with associate tyro Alexand-er Moskalyov, removing a loan from a account set up by President Mikhail Gorbachev to behind immature entrepreneurs.

“It was similar to an incubator. They believed…” pronounced Yang.
ABBYY (www.abbyy.com) right away sells text-recognition program FineReader — able of celebration of a mass hand–written mediaeval texts — and- electronic compendium Lingvo. It employs 1,000 people, has thirteen offices in 9 countries and- thirty million customers.

ABBYY, in that Swedish-Russian account Mint Capital took a minority seductiveness in a early 2000s, is not deliberation fasten a pour out by tech firms to list notwithstanding success stories such as internet poke organisation Yand-ex, well known as a “Russian Google,” that lifted $1.4 billion upon Nasdaq.

But Yang, whom a Expert RA group ranked as Russia’s No.4 tech businessman with estimated sales of $146 million, is gripping his options open.

“We have been confronting seductiveness all a time from monetary and- vital investors,” he said. “We have been exploring a organic and- non-organic expansion of a company. But you do not have expect plans.”


Source : http://dervishcom.blogspot.com/ 

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