Yum China Holdings Inc. (NYSE:YUMC) is one of the most undervalued large cap stocks to buy according to analysts. On June 20, Yum China commenced a pilot program for Q-Smart, which is an AI-enabled assistant designed for enhanced restaurant management. The tool is currently undergoing trials at select KFC outlets.
Q-Smart offers support for daily operational tasks, like inventory management and labor scheduling. The system uses natural language processing to enable direct voice commands and facilitates hands-free interactions through wearable devices like wireless earphones and smartwatches.
The iconic yellow and red roof of a franchise restaurant in the bustling streets of a city.
The Q-Smart launch was unveiled at Yum China’s first-ever AI Day event in Shanghai on the said date. During the event, the CEO of the company, Joey Wat, announced the establishment of a 100 million yuan (~$13.9 million) Frontline Innovation Fund, which aims to support frontline restaurant employees and fuel technological innovation, like making the “All-Staff Hackathon,” launched in March this year with ~200 participating teams.
Yum China Holdings Inc. (NYSE:YUMC) owns, operates, and franchises restaurants in China.
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Disclosure: None. This article is originally published at Insider Monkey.