Retail Tech Insights | Top 10 Fashion Technology Solution Companies - 2020

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DIVISA: Blending Digital with Fashion

Top 10 Fashion Technology Solution Companies - 2020

From the invention of the sewing machine to the rise of e-commerce, the fashion industry has always been forward-looking and cyclical. Understanding customers' ever-changing demands and speeding up the time to market has always been an arduous task for them, but now the situation is taking a positive turn due to the rise in the usage of technology in fashion retail. Integrating interactive technology has transformed the dynamics of fashion retail. From robots that sew and cut fabric, to AI algorithms that predict style trends, to VR mirrors in dressing rooms, technology has been automating, personalizing, and speeding up every aspect of fashion.

Many technology providers have emerged over the years that are using advanced technologies like AI, ML, and data analytics to help fashion brands make smarter strategic decisions around product development and new business lines. With AI-based Chatbots as the new sales representatives, retailers can easily handle customer queries. These technologies have offered the fashion industry an enthralling customer shopping experience and satisfaction, simultaneously enhancing excellence in operation and cost savings. The fashion industry has seen some positive transformation with the advent of technologies like blockchain and wireless 5G technology. Blockchain has proved to be a great tool for transparency, traceability, and efficiency in the supply chain, while 5G promises of faster downloads and less latency.

Augmented reality and virtual reality tech are also increasingly being deployed to create digital experiences in stores and "in-store" experiences online. 3D printing has also been adopted in the industry, enabling fashion designers to enhance their designing processes and create quality products in no time. Digital knitting has also been making great strides in the 3D printing and offering a myriad of customization possibilities, allowing brands to edit designs and review changes instantly.

Many brands are also using automated storage and retrieval systems (ASRS) for stocking and transporting inventory to speed up production and minimize concerns around labor conditions in their facilities. Moreover, brands are increasingly deploying a combination of sensors, scanners, and cloud-based software to monitor and maintain inventory. Radiofrequency identification technology (RFID tagging) is another approach likely to see widespread adoption in the coming years for digital cataloging.

In this edition, Retail CIO Outlook has compiled a list of top 10 Fashion Technology Solution and Service Providers that deliver groundbreaking solutions and services, by harnessing the power of technology, to the ever-evolving fashion sector to help them tackle challenges, reduce workload, and increase efficiencies. We hope this issue of the Retail CIO Outlook helps you build the partnership needed to foster a technologically-driven fashion environment.

We present to you, Retail CIO Outlooks' "Top 10 Fashion Technology Solution Providers 2020."

    Top Fashion Technology Solution Companies

  • Ecrebo’s Total Receipt Marketing solution intercepts the data relayed to the printer and sends it to the company’s cloud-based decision engine. There, the receipt content, which typically includes a way to identify the specific customer, is analyzed to determine if it triggers the addition of an offer to the receipt. (For example, the trigger might be, “this customer never buys shoes at our department store; so, issue her a great deal on a pair of shoes.”) The offer’s creative—including parameters such as its value and expiration date—is uploaded to Ecrebo’s cloud by retail marketing teams employing OnPoint Manager campaign portal. If the receipt triggers an offer, the new receipt, along with the offer, is sent back down to the printer

    www.ecrebo.com

  • Big Commerce

    Big Commerce

    BigCommerce’s mission is to help merchants sell more at every stage of business growth. Simply put, we are: Built for growth so merchants can realize their visions without compromise; Designed for powerful performance to enable businesses to scale seamlessly with technology they can trust; Efficient in both time and cost. We have the lowest total cost of ownership (TCO) in the industry enabling merchants to unlock profit and invest in customer acquisition. At BigCommerce, employees own their personal development through hands-on experience, stepping up to new opportunities, and the chance to contribute on projects that are redefining the ecommerce industry

  • Cashier Live

    Cashier Live

    Helps in improving product and providing excellent customer service to all of our users. Its customers can be confident that they're using the absolute latest in retail technology. The company web-based distribution allows for instant setup, easy installation, and automatic upgrades. Its low cost subscription model helps retailers save money, and we allow retailers to manage their store from anywhere online. The company also provide a low cost Point-of-Sale to independent retailers and helps in improving product and providing excellent customer service to all users

  • Centric Software

    Centric Software

    Centric SMB provides innovative PLM technology and key industry learnings for emerging brands. Centric Visual Innovation Platform (VIP) offers a fully visual, transformative experience via large touch-screens and mobile devices, revolutionizing group decision making and creative collaboration while dramatically condensing time to market and product innovation. Centric Software is majority-owned by Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the world leader in 3D design software, 3D Digital Mock Up and PLM solutions

  • Coveo Solutions

    Coveo Solutions

    Its mission is to transform your business by helping your organization to deliver more personalized experiences at scale, by ensuring that every customer, partner and employee has contextually relevant information at every touchpoint of their journey. Coveo personalizes every digital experience for customers, partners, dealers, and employees. Coveo combines unified search, analytics and machine learning to deliver relevant information and recommendations across every business interaction, making websites, ecommerce, contact centers and intranets effortless and efficient

  • Lectra

    Lectra

    Lectra forward-thinking companies that breathe life into our wardrobes, car interiors, furniture and more, Lectra is committed to crafting the premium technologies they desire. Facilitating the digital transformation of their industry, Lectra empowers brands and manufacturers from design to production, providing them with the market respect and peace of mind they deserve. Founded in 1973, today Lectra has 34 subsidiaries across the globe serving customers in over 100 countries. Lectra develops premium solutions that give fashion, automotive and furniture companies the means to embark on Industry 4.0 with confidence

  • Manhatten Associates

    Manhatten Associates

    For more than 28 years we have earned a reputation for building technology solutions that solve the most complex business problems in supply chain, inventory and omnichannel. Manhattan Active solutions are versionless so they never need upgrading. Our customers always have the latest innovations available to explore and deploy. Comprehensive monitoring tools built into the platform provide insight into the solutions and enable easy navigation in the distributed microservices world. In addition, deployment tools simplify the process of moving configuration changes between lifecycle environments to keep them in sync

  • Redfaire International

    Redfaire International

    Redfaire International was born from the desire to achieve one goal: offer customers a better, faster way to run and resource international JD Edwards projects by providing a skilled team of experts across the globe, all following one methodology and one philosophy. Since then, we have grown our consulting offering to include additional Oracle ERP applications and complementary third-party products, while maintaining our extensive JDE expertise as a core strength. Its unique global alliance is built on a platform of trust, transparency and professionalism, with regular sharing of insights, knowledge and best practices from the various horizontals & verticals we work in

  • Revieve

    Revieve

    Revieve is transforming the way beauty brands and retailers help discover, choose and evaluate beauty products online and in-store by offering beauty brands and retailers with a market-leading Digital Beauty Advisor -solution (Skin diagnostics, AI-recommendations and 3D makeup virtual try-on). The Digital Beauty Advisor brings your in-store beauty consultant to the digital age. Whether plugged seamlessly into your e-commerce site, used within Facebook Messenger, interacted voice shopping (Amazon Alexa or Google Voice) or accessed through an in-store iPad, the Beauty Advisor helps your shoppers in finding the perfectly suited skincare and makeup products with the help of the shoppers very own selfie skin diagnostics

  • Snipp interactive

    Snipp interactive

    Snipp is a global loyalty and promotions company with a singular focus: to develop disruptive engagement platforms that generate insights and drive sales. Our solutions include shopper marketing promotions, loyalty, rewards, rebates and data analytics, all of which are seamlessly integrated to provide a one-stop marketing technology platform. We also provide the services and expertise to design, execute and promote client programs. SnippCheck, our receipt processing engine, is the market leader for receipt-based purchase validation; SnippLoyalty is the only unified loyalty solution in the market for CPG brands. Snipp has powered hundreds of programs for Fortune 1000 brands and world-class agencies and partners

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