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Managed Video as a Service

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One of the early adopters of MVaaS technology has been the restaurant industry.  As such, the economic strength of the segment is of particular importance to vendors in the space. 

On Friday the National Restaurant Association released its forecast for 2009.  It is encouraging.  While concerns about the overall economy continue, the NRA forecasts only a slight decrease in sales versus 2008 (1%, when adjusted for inflation).

Not surprisingly, certain segments of the industry are expected to out-perform others.  For example, quick-service restaurants are expected to post gains well ahead of the full-service and eating-and drinking segments. 

The bottom line is that the industry is expected to display resiliency in the coming year.  This is good news to those of us who serve them.

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Sandi said, December 22nd, 2008 at 9:47 pm

If I understand correctly – Restaurants with dollar menus will thrive in 2009. Tina Fey as Sara Palin would point out that the dollar menu helps struggling Americans deal with economic difficulties :)

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dloher said, December 23rd, 2008 at 7:25 pm

That seems like a reasonable expectation. However, I wouldn't be surprised if all segments of restaurant decline. (perhaps the mid-range full service places will still take the biggest hit) If you really want to save money, one might buy from the grocery store more often than in the past. In addition, eating healthy is pretty popular right now which may also lean consumers towards the grocery store more often.

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