Throughout history, human beings have recognized the potential of technology as a means of progress. A new and improved version of industry 4.0, industry 5.0 has been promoted as a model that will bring businesses further prosperity and competitiveness while promoting a human-centric economic model. This Industry 5.0 series dives into the principal characteristics of Industry 5.0, its benefits, and how it changes the present paradigm of emphasis on technology.
Fashion technology scaleup PlatformE is enabling brands to move away from wasteful systems of mass production to more sustainable on-demand manufacturing. It has acquired Catalyst AI to strengthen its artificial intelligence capabilities and add machine learning tools for optimising fashion supply chain processes to its platform. The company is working with leading brands including Dior, Gucci, Puma, Farfetch and The North Face.
Customization has been a centerpiece of the fashion industry for a long time, although only accessible to very few. Once a privilege of the very wealthy, personalized products is currently becoming accessible to the masses.
Overstocking and pollution damage the business and reputation of the fashion and textile industry. The root of the problem is that manufacturing is still based on the outdated inventory model and works on predicted demand.
When the covid-19 pandemic forced the entire world into lockdown, the fashion industry went into despair with the shutdown of stores, offices, factories, revealing an inconvenient truth: fashion is trapped in an old-fashioned business model.
The COVID19 pandemic has caused serious disruptions in global supply chains, especially in industries such as fashion where labor, materials, and customers are often all located in different locations.
In this ever-evolving world, the latest trend in Product Personalization is the incorporation of 3D product customization. In today's world, thanks to the development of technology and further simplification of its use, every cell phone, and computer is able to render 3D graphics.
Here we cover details so you can consider this amazing concept of mass customization and use it to help increase your company's sales.
A revolution is in the making, renewing manufacturing along many industries, including fashion, opening the era of fully-digitized factories. Welcome to Industry 5.0, where factories will be smarter and agile, leveraging sustainability and ethics.
Today we're living in the 5th Industrial Revolution, and fashion is shifting from mass production to mass customization, in which advanced digital and robotic technologies are used to meet the desires of each individual consumer.
The adoption of digital technology and 3D design has proven to be a great boon to the fashion industry. This shift from a physical to a digital mindset is going to have a long-term impact on the industry, changing its entire business model.
Personalization is an excellent method for fostering business growth for Fashion e-Commerce. Many fashion businesses assume implementing product personalization on their site requires heavy investments and setup, but here we show that this is not the case.
There has been a rise in discussions about the role of fashion in video games, both as a visual medium for expression and as a branded contextualization. Fashion in games can provide fun visual information without interfering with its skills.
PlatformE Bridge will help you to offer customization or personalization of your products for your customers. It provides merchants with a software-as-a-service ecosystem to allow them to transition from traditional made-to-stock workflows to made-to-order.
With the rise of prosumers, Fashion brands have more opportunities than just commoditizing an untapped segment of the market; they have the opportunity to add real, tangible, and human-based insights to designs. Learn more about Prosumers here.
Check out the top strategic technology trends that businesses must explore in the next decade.
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There are many ideas out there, but Lui Iarocheski, Group Marketing Director at PlatformE has shared with us everything about the future of luxury retail, and together we dream about what the store of the future will be.
PlatformE is a technology company on a mission to drastically reduce overproduction and waste in the Fashion Industry.
The rising adoption of emerging digital technology is a worldwide phenomenon that crosses many industries.
The industrial revolution started in 1780 and it is evolving until today.
Fashion's model of production where everything is made in response to customer demand.
Companies that have started the transition to on-demand are already being rewarded financially.
Here we lay down 3 perspectives on how 3D Digital Acceleration can positively impact your fashion business and how you can start.
Customization and personalization open a world of possibilities for Fashion, allowing customers to experiment with a variety of designs, graphics, fabrics, colors, and more, before any physical product is made, saving you thousands (even millions) on physical samples and photo-shooting.