Nory, AI-Powered Hospitality OS, Wins KPMG Global Tech Innovator Ireland

Date:

Nory, an AI-Powered Hospitality OS, emerged victorious in the KPMG Global Tech Innovator Ireland final. The founder and CEO of Nory, Conor Sheridan, will now compete against 22 other country finalists in the global final in Lisbon on November 15.

In the KPMG Global Tech Innovator Ireland competition, Conor faced tough competition from seven other innovative startups across Ireland. These startups presented solutions addressing diversity and inclusion, influencer marketing, child protection, and women’s health.

The Head of Technology & Media at KPMG, Anna Scally, praised the high quality of the entries in this year’s competition. The judges had a challenging task in selecting a winner, but ultimately they chose Nory for its outstanding performance.

The KPMG team in Ireland congratulated Conor and wished him the best for the global competition. They emphasized the invaluable opportunity for Conor to engage with investors, receive mentorship from top-tier CEOs, network with industry peers, and compete for the global prize.

Conor’s journey from being a restaurateur to a tech entrepreneur laid the foundation for Nory’s creation. Initially working in finance, Conor later ventured into the culinary field and established the successful Mad Egg restaurant group. During this time, he recognized the need for an intelligent restaurant management system that could optimize frontline team performance.

Nory’s platform is specifically designed to empower hospitality venues by optimizing cost management and ensuring smooth daily operations. By consolidating essential restaurant functions into a single control hub, Nory offers a comprehensive suite of tools including sales analytics, forecasting, workforce management, and inventory oversight.

Through the use of proprietary AI models, Nory analyzes business data for each restaurant, providing actionable insights to enhance cost control, productivity, and employee engagement.

See also  Investigation into Sam Altman's Ouster at OpenAI Aims to Restore Credibility and Rebuild Investor Confidence

Nory has partnered with renowned brands across Ireland, continental Europe, and the UK, including Stonegate Pubs, Jamie Oliver Group, Freshly Chopped, and Dr. Juice. The platform has consistently delivered remarkable results, with its clients experiencing over a 50% increase in net profit, making a transformative impact on their businesses.

Earlier this year, Nory secured €7 million in a seed funding round, co-led by Triple Point Ventures and Samaipata VC. Prominent investors such as Playfair Capital, Cavalry VC, and Circlerock Capital also participated in the funding. The investment will be utilized to enhance Nory’s proprietary technology and accelerate its go-to-market strategy.

Conor Sheridan expressed his delight at winning the KPMG Global Tech Innovator Ireland title and highlighted Nory’s mission to revolutionize global hospitality operations through the power of AI. Despite the operational challenges faced by the industry, Conor is determined to bring this accolade home for the thriving Irish ecosystem as he prepares to represent Ireland in Lisbon.

In conclusion, Nory’s AI-powered operating system tailored for the hospitality sector has clinched the title of KPMG Global Tech Innovator Ireland, setting the stage for its participation in the global final. With its innovative approach and transformative impact on the industry, Nory is poised to revolutionize hospitality operations with the power of AI.

Frequently Asked Questions (FAQs) Related to the Above News

) What is Nory? (

) Nory is an AI-powered operating system designed for the hospitality industry, specifically for restaurants and hospitality venues, to optimize cost management and ensure smooth daily operations. (

) What does Nory offer? (

) Nory offers a comprehensive suite of tools including sales analytics, forecasting, workforce management, and inventory oversight. By consolidating essential restaurant functions into a single control hub, Nory empowers hospitality venues to enhance their performance and profitability. (

) How does Nory use AI? (

) Nory utilizes proprietary AI models to analyze business data for each restaurant, providing actionable insights to enhance cost control, productivity, and employee engagement. The AI-powered system helps identify opportunities for improvement and optimization within the hospitality operations. (

) Which brands has Nory partnered with? (

) Nory has partnered with renowned brands across Ireland, continental Europe, and the UK, including Stonegate Pubs, Jamie Oliver Group, Freshly Chopped, and Dr. Juice. These partnerships demonstrate Nory's ability to deliver remarkable results and make a transformative impact on businesses. (

) How has Nory performed so far? (

) Nory has consistently delivered exceptional results, with its clients experiencing over a 50% increase in net profit. The platform has proven its value by optimizing operations and driving profitability for restaurants and hospitality venues. (

) What funding has Nory secured? (

) Nory recently secured €7 million in a seed funding round, co-led by Triple Point Ventures and Samaipata VC. Other prominent investors such as Playfair Capital, Cavalry VC, and Circlerock Capital also participated in the funding. This investment will be used to enhance Nory's proprietary technology and accelerate its go-to-market strategy. (

) What is Nory's founder's background? (

) Conor Sheridan, the founder and CEO of Nory, initially worked in finance before venturing into the culinary field and establishing the successful Mad Egg restaurant group. His firsthand experience in the industry led him to recognize the need for an intelligent restaurant management system, which laid the foundation for the creation of Nory. (

) How has Conor's journey influenced Nory's development? (

) Conor's journey from being a restaurateur to a tech entrepreneur has influenced Nory's development. His experience in the industry allowed him to understand the pain points and challenges faced by hospitality venues, leading to the creation of an AI-powered system specifically tailored to optimize their operations. (

) How has Nory been recognized for its innovation? (

) Nory emerged as the winner in the KPMG Global Tech Innovator Ireland competition. The judges selected Nory for its outstanding performance and innovative approach to revolutionizing hospitality operations. This recognition showcases Nory's potential to transform the industry with the power of AI. (

) What is Nory's mission? (

) Nory's mission is to revolutionize global hospitality operations through the power of AI. The platform aims to optimize cost management, enhance productivity, and improve employee engagement for restaurants and hospitality venues worldwide.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Share post:

Subscribe

Popular

More like this
Related

New Nothing Ear Buds Revolutionize Sound Quality and AI Integration

Revolutionize your audio experience with Nothing's new Ear and Ear (a) earbuds, offering premium sound quality and AI integration.

Nothing Launches Highly-Anticipated TWS Earbuds at Unbeatable Prices

Discover Nothing's highly-anticipated TWS Earbuds with ChatGPT integration, exceptional sound quality, and unbeatable prices. Shop now!

DALL-E 2 Sunset: How AI Art Revolution Ended – An Inside Story

Discover the inside story of the end of AI art revolution with DALL-E 2 Sunset. Learn about OpenAI's decision and the impact on artists and tech enthusiasts.

Nvidia vs. Amazon: The AI Stock Showdown

Investors, choose wisely in the AI sector with Nvidia vs. Amazon - find out which company is the more attractively valued stock to capitalize on AI's growth.