Introducing Fourth iQ

Summary

Clinton Anderson, CEO of Fourth, unveils Fourth iQ, the first AI built specifically for the hospitality industry. Learn how this groundbreaking technology maximizes profitability by embedding AI into solutions for scheduling, inventory, payroll, and recruitment.

Discover how companies like Chili’s and Noodles & Co. are already benefiting from Fourth iQ’s ability to improve forecasting accuracy, reduce labor costs, and drive real-time insights for better decision-making. Transform your restaurant with Fourth iQ, the next frontier in restaurant technology.

Transcript

Hi, I’m Clinton Anderson, the CEO of Fourth, the industry leader in restaurant technology.

At Fourth, our legacy is innovation, and our future is AI. That’s why I’m thrilled to announce Fourth iQ, the next frontier of Restaurant Technology.

Fourth IQ is the first artificial intelligence built for hospitality, designed to maximize profitability at each and every location you operate.

Now for over 25 years, we’ve been your trusted partner, helping you tackle the day-to-day challenges of successfully managing your business.

Now with rising costs, shortage of skilled labor, and increasing regulation, it isn’t easy to stay on top of things, but we’re here to help.

Fourth iQ is our answer.

Built on four years of development, two decades of restaurant and hotel data— the most in the industry, by the way— and over $30 million of technology investment.

It’s an AI powered profit engine for your entire business.

So what makes Fourth IQ unique and just how does it work?

Simply said, it embeds AI models into our industry leading solutions that help you manage forecasting, scheduling, inventory, payroll, and also recruitment.

Our AI engine consumes insights from over 100,000 stores globally to provide operators with real-time store recommendations, and then it delivers these insights to your manager, giving them the next best action for every shift.

In summary, you get real-time insights driving in-store actions to maximize profit.

With Fourth iQ, we’re setting a new standard for success.

It’s not just another tool, it’s a profit engine that’s going to revolutionize how you run your restaurants.

We already have dozens of customers who’ve taken the Fourth iQ plunge and are leveraging our AI technology in their operations today.

At Chili’s, Fourth iQ is forecasting store-level demand, improving forecast accuracy by over 20%, and thus saving 600 labor hours nationally every single week, freeing up managers to do what they do best: training their teams and providing a great guest experience.

Another example is Noodles & Co, where AI powered scheduling has reduced labor costs by over $4 million, while better matching team members with customer demand.

Whether you have one location or over 1,000, Fourth iQ ensures every decision is powered by the best possible data.

Now is the time for AI. Start your journey with Fourth.