Internet of things in the fashion and lifestyle industry

Wearables enhance the consumer experience

IoT in Fashion and Lifestyle

The fashion world is embracing the technology wave with an increasing number of smart products. Many of these wearables in the form of smart watches, smart jackets, fitness tracking bracelets and more are revolutionizing the consumer experience because they combine two things consumers love: style and technology. But to develop these products, companies either need to expand their expertise outside their habitual domain (add styling to a tech company or vice versa) or forge alliances.  However, alliances don’t work at the snap of a finger. Many organizations struggle to turn out winning products because their teams are disconnected, their data is not centralized and their processes are inefficient.

The solution? An integrated 3D business experience platform that brings everyone in the corporate ecosystem together. With proper coordination and communication between multidisciplinary teams, companies can accelerate time to market, reduce costs and beat their competition.

For more information, read this report.