DTiQ Accelerates Product Innovation, Publicizes Key Administration Appointments

BOSTON, Aug. 16, 2022 /PRNewswire/ — DTiQ, a Digital Alpha Advisors portfolio firm and the main supplier of next-generation video intelligence, analytics, and managed options for eating places and retail places, is asserting two options to assist purchasers optimize income and retain loyal prospects. 

DTiQ enhances its prospects’ skill to affect operation excellence by including new options comparable to velocity of service and multi-lane drive by means of (MLDT).

Pace of Service Answer

Our velocity of service resolution supplies real-time alerts and historic development studies. These assist your staff determine what KPIs are being met and which aren’t. Through the use of the most recent developments in synthetic intelligence and pc imaginative and prescient know-how, we will proceed bettering our resolution that will help you optimize income and buyer satisfaction.

Multi-lane Drive Via (MLDT)

To assist guarantee order accuracy, DTiQ presents a MLDT resolution. It supplies operators with an intuitive approach of confirming order accuracy. DTiQ’s resolution integrates POS gross sales day, pc imaginative and prescient and synthetic intelligence to match orders with autos. With MLDT, you can improve order accuracy, enhance velocity of service, and retain loyal prospects.

Along with increasing its resolution capabilities, the corporate has additionally invested in rising its staff and strategically hiring prime expertise to make sure prospects get the very best safety of their property. These embrace:

  • Steve Habermas – Chief Product & Expertise Officer
  • Michael Grimes – VP, Advertising and marketing
  • Ted Dolan– VP, Technique & Company Growth
  • Ryan Plescia – VP, Product Advertising and marketing
  • Matt Dollard – VP, Gross sales Operations
  • Morris Porter – VP, Enterprise Gross sales
  • Tim Pincelli – VP, Channel Partnerships and Strategic Alliances

Lastly, the corporate introduced that Mike Coffey is stepping away day-to-day CEO of DTiQ. Coffey has been CEO since January 2018 and has guided the group by means of a interval of unbelievable transformation, together with a world pandemic. He’s leaving to start the following thrilling chapter of his profession. Marc Litz, who has served as CFO of DTiQ since Could 2018, has assumed the position of interim CEO.

“Mike’s ardour for this enterprise has led us to the place we at the moment are. It is definitely a bittersweet time, however we want Mike all of the success as he embarks on a brand new journey,” Litz stated.

“Marc has been with DTiQ simply so long as I’ve and could be very nicely ready for this position. He is aware of every of you, our prospects, our lenders, our shareholders, and that may serve all of you,” Mike Coffey stated.

Litz stated that throughout the transition, DTiQ would stay dedicated to its workers and prospects, and constructing merchandise that improve shopper safety and safety. These values have been the corporate’s cornerstone and can proceed shifting ahead.

“I am proud to be main such a powerful firm with an skilled and devoted staff. We’re dedicated to our purchasers, companions, and workers and can proceed to offer the best requirements of service, assist and know-how,” Litz stated.

Rick Shrotri, Founder and Managing Companion of Digital Alpha, provides, “We wish to thank Mike Coffey for his management. We’re excited in regards to the technique, options, and the spectacular those that make up the corporate. Marc Litz has additionally been an integral a part of the DTIQ success and we’re happy to be partnering with him in his capability as CEO.”

About DTiQ

We provide state-of-the-art video surveillance to enhance loss prevention efforts for eating places and retail places. With over 20 years of expertise, we have efficiently enhanced over eight million shopper experiences a day, all whereas defending trillions of {dollars} in property. We work with over 45,000 companies, together with Adidas, Burger King, Dairy Queen, Golf City, Onerous Rock Café, KFC, McDonald’s, Pandora, Subway, Swarovski. Taco Bell, US Polo, Winery Vines and Yankee Candle. For extra info, go to www.dtiq.com

About Digital Alpha

Digital Alpha Advisors, LLC is an funding agency targeted on digital infrastructure and companies required by the digital financial system with whole property below administration of over $1.5B. The agency has a strategic collaboration settlement with Cisco Methods, Inc. As a part of this settlement, Digital Alpha has most popular entry to Cisco’s pipeline of economic alternatives requiring fairness financing. As well as, Digital Alpha has cultivated strategic partnerships with different Silicon Valley know-how leaders, with whom it has already executed offers. Digital Alpha believes that it’s the first agency targeted on making personal fairness investments within the vital development alternatives required to underpin the Digital Financial system, together with good cities, next-generation broadband networks, and enterprise information administration and communication options. Digital Alpha was based in 2017 by Rick Shrotri, former Head of the World Infrastructure Funds (GIF) staff at Cisco, and closed its newest Fund – Digital Alpha Fund II, LP – in early 2021. For extra info, please go to www.digitalalpha.web.


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