Domino's Pizza moves forward with Dragontail Systems AI

Company News

by Rachael Jones

Domino's Pizza Enterprises (ASX:DMP) has provided Dragontail Systems (ASX: DTS) with purchase orders for over $1 million for their AI camera system to be based in its stores.

The orders were received as part of an existing agreement between the two companies.

The Algo System uses a sophisticated patented algorithm to optimise and manage the entire food preparation process from order to delivery.

It is the first system in the world to fully automate and streamline the kitchen flow to deliver an immediate and significant return on investment to fast food and quick service restaurants.

Dragontail is revolutionising the Quick Service Restaurant (QSR) and foodservice industry with its Algo System and computer-vision QT quality system that uses artificial intelligence (AI) machine learning.

Shares in Domino's Pizza Enterprises (ASX:DMP) are trading 0.59 per cent lower to $53.13.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.