Artwork

Inhoud geleverd door Expert Dojo. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Expert Dojo of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
Player FM - Podcast-app
Ga offline met de app Player FM !

254 How Stylumnia is augmenting human intelligence in fashion and lifestyle retail for a better world

45:12
 
Delen
 

Manage episode 330949221 series 1607698
Inhoud geleverd door Expert Dojo. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Expert Dojo of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

At Stylumia we believe in augmenting human intelligence in fashion and lifestyle retail for a better world.

With relevant data and the right technology, people and businesses in fashion and lifestyle retail can solve hard problems and change the world for the better.

In 2015-16, when we looked at the available technology and solutions, we saw fashion forecasting and demand planning are either subjective in nature, or traditional consumer research based going with what consumers say, or data platforms which throw supply driven signals. We saw these methods do not solve the fundamental challenge in fashion trend spotting, prediction and the business metrics of full price sell through continue to remain around the 50% mark creating over USD 750 billion/annum of wastage globally. The biggest wastage in the fashion industry is the one caused by ill-informed decision making.

We saw a need for a different kind of technology and approach and we knew it would need a different kind of company to build it. That is why we formed Stylumia.

Stylumia is one of the fastest-growing fashion tech start-ups with Fortune 100 clients to mid-sized ones, solving a fundamental challenge of the business, predicting future demand for an unseen product. The global fashion industry is around 3 Trillion USD, half of which is not what the consumer wants. This huge supply-demand gap poses a huge sustainability threat to the planet. United Nations and Fashion for Good are rallying for us. Using AI, Machine Learning, Computer Vision, Stylumia has a proven methodology to improve the prediction accuracy of fashion brands and retailers across 7 countries. We strongly believe in eliminating waste before it happens.

Stylumia has many awards and recognitions. Select few are,

Aegis Graham Bell Award for AI Innovation in Retail Winner 2021

Amazon AI Conclave Award Retail - Winner 2019

Nasscom Emerge 50 2019

Yourstory TECH30

Entrepreuners Worldcup 2020 - World Top 100, India Winner

Accenture Global Innovation Challenge Finalist 2018

Top 25 AI Companies In APAC - CIO Advisor 2017

If you have the next big idea, apply to the Expert Dojo Accelerator:

www.expertdojo.com

  continue reading

110 afleveringen

Artwork
iconDelen
 
Manage episode 330949221 series 1607698
Inhoud geleverd door Expert Dojo. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Expert Dojo of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

At Stylumia we believe in augmenting human intelligence in fashion and lifestyle retail for a better world.

With relevant data and the right technology, people and businesses in fashion and lifestyle retail can solve hard problems and change the world for the better.

In 2015-16, when we looked at the available technology and solutions, we saw fashion forecasting and demand planning are either subjective in nature, or traditional consumer research based going with what consumers say, or data platforms which throw supply driven signals. We saw these methods do not solve the fundamental challenge in fashion trend spotting, prediction and the business metrics of full price sell through continue to remain around the 50% mark creating over USD 750 billion/annum of wastage globally. The biggest wastage in the fashion industry is the one caused by ill-informed decision making.

We saw a need for a different kind of technology and approach and we knew it would need a different kind of company to build it. That is why we formed Stylumia.

Stylumia is one of the fastest-growing fashion tech start-ups with Fortune 100 clients to mid-sized ones, solving a fundamental challenge of the business, predicting future demand for an unseen product. The global fashion industry is around 3 Trillion USD, half of which is not what the consumer wants. This huge supply-demand gap poses a huge sustainability threat to the planet. United Nations and Fashion for Good are rallying for us. Using AI, Machine Learning, Computer Vision, Stylumia has a proven methodology to improve the prediction accuracy of fashion brands and retailers across 7 countries. We strongly believe in eliminating waste before it happens.

Stylumia has many awards and recognitions. Select few are,

Aegis Graham Bell Award for AI Innovation in Retail Winner 2021

Amazon AI Conclave Award Retail - Winner 2019

Nasscom Emerge 50 2019

Yourstory TECH30

Entrepreuners Worldcup 2020 - World Top 100, India Winner

Accenture Global Innovation Challenge Finalist 2018

Top 25 AI Companies In APAC - CIO Advisor 2017

If you have the next big idea, apply to the Expert Dojo Accelerator:

www.expertdojo.com

  continue reading

110 afleveringen

Alle episoder

×
 
Loading …

Welkom op Player FM!

Player FM scant het web op podcasts van hoge kwaliteit waarvan u nu kunt genieten. Het is de beste podcast-app en werkt op Android, iPhone en internet. Aanmelden om abonnementen op verschillende apparaten te synchroniseren.

 

Korte handleiding