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OMNIQ expands hospitality tech to Israeli market

EditorEmilio Ghigini
Published 18/03/2024, 13:00
© Reuters.

SALT LAKE CITY - OMNIQ Corp. (NASDAQ: NASDAQ:OMQS), a provider of advanced technological solutions for the hospitality sector, has secured a contract to supply a prominent American hamburger chain with its innovative equipment for their new Israeli branches. The first location has already opened in Tel Aviv, with plans to outfit an additional four branches by the end of the year.

The agreement involves equipping the chain's Israeli outlets with OMNIQ's full suite of technology, including a Kitchen Display System (KDS) designed to improve kitchen efficiency and order accuracy. The introduction of specialized Fintech self-order kiosks aims to streamline the ordering process, potentially reducing customer wait times and enhancing the overall dining experience.

Shai Lustgarten, CEO of OMNIQ, expressed excitement about the partnership, emphasizing the alignment with the company's mission to drive efficiency and improve customer service through innovation. The move into the Israeli market represents a strategic expansion for OMNIQ, reflecting a commitment to setting new industry standards globally.

OMNIQ's portfolio includes computerized and machine vision image processing technologies, often incorporating proprietary artificial intelligence. The company serves a broad range of industries, offering data collection systems, real-time surveillance, and monitoring solutions. Its client base spans government entities and Fortune 500 companies across manufacturing, retail, healthcare, logistics, and more.

This partnership underscores OMNIQ's strategic focus on industries that increasingly depend on advanced AI technology solutions. With the fast-casual restaurant industry alone projected to grow significantly in the coming years, OMNIQ's role in enhancing operational efficiency through technology is poised to become more critical.

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The information for this article is based on a press release statement from OMNIQ Corp.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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