The World of Hospitality Issue 36 2019 | Page 62

62 THE WORLD OF HOSPITALITY TECHNOLOGY Data Driven Commerce With today’s customers being more tech savvy than ever before, the hospitality industry is having to accelerate the adoption of innovative technology to meet their needs. Hotels, restaurants, bars, cinemas, and casinos across the globe are all striving to become digitally enabled, and while front-end services such as e-loyalty, online booking and check-in are cool, innovation at the back end is often struggling to keep pace. The challenge for many businesses is bridging the gap between the consumer’s expectation and legacy technology; but companies of all sizes must find a way to update their systems to create that end-to-end solution; one single platform to empower a business to acquire new, engage current, and retain previous consumers. Indeed, one holistic combination of CRM, HR data, finance, ERP, digital marketing, all configured into one cohesive, overarching infrastructure, can increase efficiency, internal reporting, while reducing data risk and ensuring compliance.