Overview
In today's rapidly changing world, keeping up with the ever-shifting consumer needs and preferences is a critical challenge faced by companies in the consumer sector. With nearly 30,000 products launching annually and a staggering 85% failure rate, the key issue is often a disconnect with consumer needs.
Smart Innovation - an AI-powered platform designed to help businesses predict consumer trends well ahead of the curve. This cutting-edge tool empowers companies to fast-track and refine their product innovations, securing a first-mover advantage by recommending the most appealing product features.
AWS Services used in our platform are as below: Amazon S3 AWS Glue AWS Sagemaker AWS Code Commit AWS Code Pipeline Amazon Elastic Container Registry Amazon Elastic Kubernetes Service Amazon CloudFront Amazon RDS
Highlights
- Trend Spotting: Smart Innovation, a robust solution, identifies and prioritizes the trends with the potential to go mainstream in the future and eliminates the fad.
- Opportunity Mapping: Leverages consumer data, product/market data and performance data to identify the whitespace opportunity in the category
- Superior Features: AI simulator prescribes the product features that best fit the opportunity that makes the product winner in the market
Details
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If you would like to learn more about LatentView Analytics, please send an email to alliances@latentview.com . You can also contact us at https://www.latentview.com/contact-us/ . We will be happy to schedule a no-cost consulting session to better understand your use case.