It’s an exciting day for us at People Report and Black Box Intelligence. We are delighted to introduce some new enhancements to Black Box Intelligence.
As the Black Box Intelligence (BBI) consortium continues to grow, we are able to define areas, segments and sub segments more specifically. This allows our members, to quickly access the financial and operational data most relevant to their organization, segment and the restaurant industry as a whole.
Last week we announced that future dashboards would show a breakout of Fast Casual and Family Dining segments. This week’s release further refines the Casual Dining segment. The Casual Dining segment now includes two sub segments: “varied menu” made up of bar and grill concepts, and “other” represented by those concepts based on a particular type of cuisine (such as Italian, Mexican or Steak) and not typically classified as part of the bar and grill family.
Members are still able to benchmark their companies against the Casual Dining segment overall, but will now have the added capability and power to dive deeper into richer analytics that track, benchmark and analyze operational initiatives at a highly targeted level. Casual Dining is just the beginning of these enhancements. Our team continues to work toward breaking out our other segments for a vastly detailed view of industry data.
BBI is consistently adding 4-5 companies per quarter allowing us to proudly boast weekly reporting on over 10,000 units in over 150 DMAs. This number will increase to 13,000+ as we on-board new members in progress now.
Our Chief Operating Officer, Bill Schaffler, stated “These new enhancements continue to reinforce our relentless approach to innovation and speed. We are also excited to add these new member companies to the ever growing list of partners in our Black Box consortium.”
These enhancements contribute to solidifying Black Box Intelligence as a best in class product. Our team is always available to address any questions you may have regarding any of these new and uniquely valuable additions to our products.
The Team at Black Box Intelligence & People Report