Olo Launches Olo Connect to Accelerate Innovation for the Restaurant Industry

Rhea-AI Summary

Olo Inc. (NYSE:OLO) has launched Olo Connect, a partner program aimed at enhancing hospitality for its 600+ restaurant brands. This initiative is designed to provide integrated technology and services, helping restaurants optimize their digital solutions.

Olo Connect partners, including notable providers like Thanx and FlyBuy, must meet specific criteria to join, ensuring a high standard of service and customer satisfaction. The program offers various benefits, such as marketing support and product implementation, tailored to the needs of restaurant brands. The launch reflects Olo's commitment to being an open platform and fostering new partnerships to meet industry demands.

Positive

• Launch of Olo Connect enhances partner engagement and hospitality for over 600 brands.
• Diverse network of partners providing integrated tech solutions increases operational efficiency.
• Strategic partnerships may lead to increased market share and improved customer satisfaction.

Negative

• None.

Value-based partner program designed to foster hospitality and increase partner engagement

NEW YORK--(BUSINESS WIRE)-- Olo Inc. (NYSE:OLO), a leading open SaaS platform for restaurants, today announced the debut of Olo Connect, a growing ecosystem of integrated technology and service partners, primed to deliver a best-in-class dining experience powered by the Olo platform. Built to meet the ever-evolving needs of the industry, Olo Connect empowers Olo’s network of 600+ restaurant brands with the actionable insights needed to identify the best digital solutions to drive efficiency and enable hospitality.

Olo Connect works with a wide range of technology and service providers demonstrating excellence across various categories to provide an easy path for developers to build on the Olo platform and give restaurant brands complete control over a comprehensive set of proven solutions to leverage. Its partnership ecosystem is an agile and flexible way for brands to adopt new and existing technology, without the hassle of building in-house or settling for a siloed technology stack. Meeting a transparent set of qualifications, which include tenure on the Olo platform, number of brands and locations currently supported and proven customer satisfaction, Olo Connect partners gain valuable benefits that span sales, marketing, product, implementation, and support. Additional benefits are rewarded on a tiered structure based on the strength of their credentials.

“We are thrilled to launch our first ever partner program with Olo Connect,” said Diego Panama, Chief Revenue Officer at Olo. “Since its founding, Olo has committed to being an open platform, with the firm belief that our technology partners help Olo better serve our restaurant customers. With Olo Connect, we’re opening the door for new and expanded relationships and providing our network of over 600 restaurant brands the data driven insights they need to confidently choose the right digital tools for their brand in an increasingly crowded landscape. As we continue to add valuable partners to our ecosystem, we look forward to leading with value and accelerating our drive towards 100 percent digital.”

Current Olo Connect partners include leading industry providers such as Bite, Bounteous, 5&5, FlyBuy, Kea, and Thanx. With an extensive range in product offerings, including custom front end development, geolocation, implementation, kiosks, loyalty, and voice, Olo Connect partners meet the changing needs of any restaurant concept aiming to grow their digital presence, increase operational efficiency, and improve the guest experience.

"Thanx is thrilled to be Olo's first Gold Olo Connect loyalty partner. Through this strategic partnership, we are positioned to provide even more value to our mutual restaurant customers,” said Zach Goldstein, CEO and Founder of Thanx. “We have built a strong integration through years of partnership. We look forward to the additional exposure and support from Olo as we continue to broaden our customer base and provide innovative digital solutions at scale.”

Visit partners.olo.com to learn more about Olo Connect, and sign up for an introductory call with the Partner Ecosystem Team.

About Olo

Olo Inc. (NYSE: OLO) is a leading open SaaS platform for restaurants that enables hospitality at every guest touchpoint. Millions of orders per day run on Olo’s on-demand commerce engine, providing restaurants a single source to understand and serve every guest from every channel, whether direct or third-party. With integrations to over 300 technology partners, Olo customers can build personalized guest experiences in and outside of their four walls, utilizing one of the largest and most flexible restaurant tech ecosystems on the market. Over 600 restaurant brands trust Olo to grow their digital sales, do more with less, and make every guest feel like a regular. Learn more at olo.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230411005477/en/

Media:

olo@icrinc.com

Source: Olo Inc.

FAQ

What is Olo Connect?

Olo Connect is a partner program designed to enhance hospitality and provide integrated technology solutions to over 600 restaurant brands.

Who are the partners of Olo Connect?

Olo Connect partners include industry leaders like Thanx, FlyBuy, and others, offering various technology and services.

How does Olo Connect benefit restaurants?

Olo Connect empowers restaurants with actionable insights and a range of digital solutions to drive efficiency and improve guest experiences.

When was Olo Connect launched?

Olo Connect was officially launched as part of Olo's ongoing commitment to enhancing partner engagement and restaurant hospitality.

What is the goal of Olo's partner program?

The goal of Olo's partner program is to create a collaborative ecosystem that simplifies technology integration for restaurant brands.