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Cloud-Based POS's - They're Here to Stay

Cloud-Based POS's - They're Here to Stay


In the late 90’s, as the general manager of the Oakland Athletic's baseball team, Billie Beane introduced an unprecedented management style that relied more on data and statistics than on intangibles like athleticism and passion for the game. In those few years, he changed the landscape of how owners and GMs managed their baseball team and their respective rosters in today's game. In the movie, Moneyball, Beane tells one of his doubters to "Adapt or die". In the service industry, we are starting to see a paradigm shift as businesses have started using cloud-based POS's.
In July of 2018, Toast secured a $115M round of funding led by T. Rowe Price. Toast is currently valued at $2.7B. The emergence of cloud-based tech in the restaurant industry could no longer be kept a secret and the adoption of this type of thinking has been evident as cloud-based POS's have become ubiquitous. While Toast is the unofficial innova…
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