Intelligent SME.tech Issue 56 | Page 19

// INFOGRAPHIC // robots are being rapidly integrated into hotels, restaurants and cafes to enhance operational efficiency, reduce costs and elevate the guest experience. Market Research Future forecasts that the hospitality robot market will see a compound annual growth rate( CAGR) of 17.89 % between now and 2032. The market growth is attributed to the increasing adoption of service, delivery, cleaning, disinfection and security robots in restaurants and other hospitality establishments.
Executing robust acquisition plan
NGTF finalised its acquisition of Skytech Automated Solutions, a recognised expert in Artificial-Intelligence-driven service technologies for the hotel industry. Skytech may be best known for its Laundry Helper robot, which is being deployed across a growing number of hotel properties. The integration of Skytech’ s technology into Nightfood’ s platform will enable comprehensive automation services, from back-end operations to guest-facing solutions.
“ Closing the Skytech acquisition represents a transformative leap forward for Nightfood,” said NGTF Chair, Jamie Steigerwald.“ This strengthens our ability to scale automation across the hospitality industry, addressing key operational pain points such as labour shortages and rising costs.”
The Skytech transition follows NGTF’ s recent announcement regarding the closing of its all-stock acquisition of SWC Group or CarryoutSupplies. com. CarryOut is a leading wholesaler and distributor of custom takeout packaging for the foodservice industry.
According to the company, the acquisition of CarryOut offers key strategic benefits including enhancing operational efficiencies, expanding its customer base and bolstering its product offerings.“ We are thrilled to announce the successful acquisition of CarryoutSupplies. com and excited for what we believe this acquisition will allow Nightfood to accomplish,” said NGTF’ s CEO, Sonny Wang.“ This deal not only strengthens our position in the food service industry but also can drive immense value through operational efficiencies and the integration of complementary products and services across Nightfood’ s subsidiaries.” �
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