Food delivery startup Deliveroo claims it has reduced its delivery times by 20% with a new algorithm called "Frank" that promises to put an end to late deliveries and food turning up cold.
The London-headquartered company, which is now competing with Amazon Restaurants and UberEats, announced on Wednesday that Frank has enabled it to reduce its average delivery time to 29 minutes in the UK.
A spokesperson for UberEats said the average time for one of its deliveries in the UK is 28 minutes.
Deliveroo said Frank uses machine learning — a technology that allows software to become more accurate in predicting outcomes without being explicitly programmed — to evaluate the most efficient way of distributing orders based on the location of restaurants, riders, and customers.
The algorithm can also tell Deliveroo’s 10,000 UK restaurants how long it will take them to prepare a meal based on the time of the day and the type of order, Deliveroo said. Deliveroo claims that its 15,000 UK riders are benefiting from Frank because it allows them to complete more deliveries per hour and earn more money.
Mike Hudack, CTO at Deliveroo said in a statement: "Deliveroo’s British-built technology is the most exciting thing being developed in Europe right now and we want our new London HQ to be where global innovations happen.
"We’re building an algorithm which can cope with millions of simultaneous orders, while continuously refining itself, improving the experience for our riders, restaurants and customers. Our investment in the engineering team is testament to that ambition, and we are working on new, trailblazing technology that will make that ambition a reality."
Deliveroo announced in January that it was planning hire 300 additional engineers in 2017.
Join the conversation about this story »
NOW WATCH: These size comparisons show the true scale of enormous things
from SAI http://read.bi/2tJ9Kqf
via IFTTT