Fast Food Giant or Tech Leader？快餐巨擘还是科技领导者

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Fast Food Giant or Tech Leader？快餐巨擘还是科技领导者？

Why McDonald’s bought a little-known startup for $300 million

麦当劳为何以3亿美元买下一家鲜为人知的新创公司

McDonald’s stunned a lot of people when it announced its biggest acquisition in 20 years.

No, McDonald’s didn’t buy a competitor.

It bought a tech company.

That’s right-McDonald’s has reached an agreement to acquire Dynamic Yield an Israeli startup that specializes in “decision logic” technology. This tech uses data acquired from previous purchases to recommend additional purchases. (Think: the “customers like you also bought” suggestions when shopping on Amazon, for example.)

Streamlining the drive-thru experience

McDonald's stated it will use its new technology to provide more personalized customer experiences. For example, the company has tested digital drive-thru screens that show food based on various factors, including time of day, weather and trending menu items. Additionally, the technology can instantly suggest and display items customers might want, based on their current selections.

Just think of the implications of this. When you're at a McDonald's drive-thru, your order screen could suggest items that are especially popular with other McDonald's customers. If it's a cold day, the menu could feature a coffee or tea, front and center.

And what about rush hour, when the drive-thru line tends to get out of control? Well, then the order screen could feature items that are especially quick to prepare, which could help reduce overall wait time.

These developments are already potential game changers. But we've barely scratched the surface.

McDonald's—tech innovator?

This move was surprising for many, but it shouldn't be.

If you've been following the company the past few years, you know that it has invested heavily in technology by bringing stores up-to-date with self-serve kiosks, building a very popular mobile app and even providing delivery.

The acquisition of Dynamic Yield will further serve McDonald's overall strategy as a tech innovator.

"What we hadn't done is begun to connect the technology together and get the various pieces talking to each other," McDonald's CEO Steve Easterbrook told Wired in a recent interview.

"We've never had an issue in this business with a lack of data," says Easterbrook. "It's drawing the insight and the intelligence out of it."

And while many customers are hesitant to offer personal data to companies, others aren't. So imagine what McDonald's could do if customers are willing to let stores personalize the experience even further.

Here are just a few ideas, all of which Easterbrook himself has floated:

·using license-plate recognition to identify a specific customer as he or she approaches a store, and then adjusting the digital menu based on that customer's purchase history

·making personalized offers to customers via McDonald's' mobile app

·using predictive analytics to inform kitchen and supply chain decisions.

Greater application

Now, imagine how profitable changes like these would influence the fast food industry as a whole.

Then, there's one more interesting factor about the plans McDonald's has for Dynamic Yield.

According to Wired, the company will continue to run independently after the acquisition. On its website, Dynamic Yield has a client list of over 180 companies, including Ikea, Sephora, Fendi and a number of other major retailers.

With the resources of the world's most popular fast food restaurant, Dynamic Yield could take its product to new levels. That means, not only would McDonald's benefit from a host of retailers' experiences, but that those retailers would essentially be getting their tech insights from a company owned by McDonald's.

Now, who would have seen that coming?

As for exactly how far-reaching the new McDonald's acquisition will prove to be, I guess we'll just have to wait and see.

But one thing's for certain:

McDonald's is ready to spend to find out.

Vocabulary Focus:

acquisition获得物/获得/收购

kiosk凉亭/公用电话亭/报摊/小卖部/一体机/自助服务终端

a host of许多/一大群/众多/大量

far-reaching深远的/广泛的/深至远处的/影响长远的

float漂浮/浮动/漂流/救生圈/飘移

up-to-date最新的/最近的/现代的/新式的/跟上时代的

innovator改革者/创新者/变革者

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北京市科技英语优秀指导教师，所带学生在各级英语口语、作文竞赛中多次获奖；刘凯老师将扎实的英语基本功和严谨的学术思想作为教学的基础，课堂上善于寓教于乐，信息量大，内容丰富，使学生在和谐的课堂气氛下欣赏英语、享受英语、掌握英语、运用英语。曾多次参加高考阅卷工作，参与人民教育出版社、北京教育出版社、外研社等各类高考教学用书的编写工作，有丰富的备考经验，国际核心期刊发表多篇论文。