NetworkNewsBreaks – Nightfood Holdings Inc. (NGT
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Posted On: 10/31/2024 4:49:30 PM
NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Subsidiary Leveraging RaaS Model to Solve Challenges in Leisure/Hospitality Space
Nightfood Holdings (OTCQB: NGTF),through its recently acquired subsidiary, Future Hospitality Ventures Holdings Inc., is solving an industry-wide problem in leisure/hospitality. While the sector has been devastated by the country’s perpetual labor shortage, NGTF is positioned with plug-and-play robotics and solutions that enhance service efficiency and consistency.
“By 2030, the market for professional service robots is expected to reach $170 billion, overtaking the demand for traditional industrial robots,” reads a recent article citing a report by AZ Robotics. “This growth will be driven by factors such as demographic shifts, labor shortages and an increasing focus on efficiency and automation… Nightfood’s Future Hospitality is pioneering the emerging Robots-as-a-Service (‘RaaS’) business model, solving both front-end and back-end challenges for labor-strapped operators. The company’s advanced serving robot works alongside front-end wait staff to ensure faster and more reliable service, streamlining service delivery, minimizing wait times, reducing human errors and enhancing guest experiences. On the back end, smart cooking bots support chefs and food prep staff, ensuring consistent food quality and enabling more efficient food prep and inventory management.”
NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://nnw.fm/NGTF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Nightfood Holdings (OTCQB: NGTF),through its recently acquired subsidiary, Future Hospitality Ventures Holdings Inc., is solving an industry-wide problem in leisure/hospitality. While the sector has been devastated by the country’s perpetual labor shortage, NGTF is positioned with plug-and-play robotics and solutions that enhance service efficiency and consistency.
“By 2030, the market for professional service robots is expected to reach $170 billion, overtaking the demand for traditional industrial robots,” reads a recent article citing a report by AZ Robotics. “This growth will be driven by factors such as demographic shifts, labor shortages and an increasing focus on efficiency and automation… Nightfood’s Future Hospitality is pioneering the emerging Robots-as-a-Service (‘RaaS’) business model, solving both front-end and back-end challenges for labor-strapped operators. The company’s advanced serving robot works alongside front-end wait staff to ensure faster and more reliable service, streamlining service delivery, minimizing wait times, reducing human errors and enhancing guest experiences. On the back end, smart cooking bots support chefs and food prep staff, ensuring consistent food quality and enabling more efficient food prep and inventory management.”
NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://nnw.fm/NGTF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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