Artificial Intelligence – What Does It Mean for Your Business?

Dean Parry Technical Director at PatWorld shares his thoughts on a recent panel discussion he attended. Entitled ‘Artificial Intelligence – What Does It Mean for Your Business’ was hosted by Loven IP.

“Although I wasn’t able to contribute due to problems with my headset, I was lucky enough to listen in to a fascinating and informative discussion about AI used in the design and retail industries and beyond. I have summarised the important aspects I took away after listening in.”

Panel Discussion: Artificial Intelligence – What Does It Mean for Your Business?

The Discussion Panel: Patent Attorney Keith Loven and Patent Assistant Tim Fray (Loven Patent & Trade Marks)
Richard McKenzie-Small (Customer experience and conversational AI advocate)
Adam Hamilton-Fletcher (Design Conformity Ltd)

I was fascinated by the current role of AI in the fields of retail and design. AI is being increasingly used in both retail and design work, with many businesses adopting AI technologies to streamline processes, improve customer experience, and increase efficiency. Here are some examples discussed on how AI is being used in these fields:

In retail, AI is being used for:

1. AI-powered recommendation engines can analyse customers’ data and behaviour to recommend personalised products or services.

2. For inventory management, AI can help retailers manage inventory levels more efficiently, predicting demand and optimising stock levels.

3. Customer service Chatbots and virtual assistants powered by AI can provide customer support 24/7, helping customers with queries and issues in real-time.

In design work, AI is being used for:

1. AI algorithms can generate and optimize design options based on a set of parameters and constraints.

2. For pattern recognition, AI can analyse large amounts of data to identify patterns and trends, which can be used to inform design decisions.

3. AI-powered tools can recognize, classify features/images and generate models of objects, which can be used for prototyping and visualization. At present AI still acts more as a support for designers rather than a replacement.

During the discussions, two major concerns were brought up regarding the use of AI: the difficulty in assessing the reliability and precision of AI-generated results, as well as the challenge of determining the optimal AI tool to use for specific tasks.

Overall, the use of AI in retail and design work is expected to increase as businesses continue to look for ways to improve customer experience and efficiency.

A video of the discussion is available at:  https://lnkd.in/eRvgrRjN

Follow or connect with Dean on LinkedIn for more industry insights and news.

#business #ai #design #retail #artificialintelligence #innovation #future

 

 

What is Sustainable Fashion and Why Does it Matter?

Eco-Friendly Sustainable Fashion: What are Manufacturers doing to Reduce Your Carbon Footprint and Help you Make Responsible Clothing Choices?

Sustainable fashion is becoming an increasingly important topic in our society. With the growing awareness of climate change and its effects on our environment, consumers are now looking for ways to reduce their carbon footprint by consuming responsibly. Eco-friendly clothing and sustainable materials offer a great way to do just that. By making conscious decisions to purchase items made from sustainable materials, we can ensure that our consumption habits are responsible and reduce carbon emissions from the fashion industry.

The Different Types of Eco-Friendly Fabrics & Materials Used in Sustainable Fashion

Eco-friendly fabrics and materials are becoming increasingly popular in the fashion industry as people strive to create sustainable clothing. Organic fabrics, recycled materials, and sustainable textiles are all being used to create eco-friendly clothing that is both stylish and ethical. In this article, we will look at some of the patents around the manufacturing of eco-friendly fabrics and materials used in sustainable fashion.

How Are Manufacturers Innovating for fashion?

As the fashion industry is growing rapidly, manufacturers are increasingly looking for ways to innovate and be more sustainable. Manufacturers are now focusing on using innovative materials such as recycled or biodegradable materials that can reduce their carbon footprint and make their products eco-friendlier (patent US2021310185A1 is a BIODEGRADABLE SYNTHETIC LEATHER PRODUCED FROM RECYCLED MATERIAL).

Patent US2021310185A1

Manufacturers are also looking into ways to reduce the amount of energy they use in production and finding new ways to reuse or recycle old materials (patent US2023069369A1: TEXTILE RECYCLING).

Patent US2023069369A1

By innovating in these areas, manufacturers can create a better future for fashion that is both stylish and sustainable.

Who is innovating in this space?

The fashion industry is one of the biggest polluters in the world, with the industry being responsible for 10% of all carbon emissions. However, as the example patents demonstrate there are many innovators working to reduce its environmental impact. These innovators are creating ways to reduce waste, develop carbon neutral fashions, and recycle materials. They are also using technology such as AI and machine learning to create more sustainable fashion solutions.
Patent KR20220164145A uses AI to identify clothing and accessories that have a good affect on mankind similar to the main image above.

By leveraging these technologies, these innovators are helping to create a more sustainable future for the fashion industry.

How You Can Support Earth Day?

From a fashion perspective we can all make a mark whether you’re a designer, manufacturer, retailer, or consumer. Check out the bullet points and decide where you can make a commitment.

  • Sign up to https://action.earthday.org/the-fashion-industry-must-change
  • Design with eco-friendly credentials
  • Look for ways that you can minimise the impact of the manufacturing process
  • Use biodegradable packaging
  • Check out the toolkits https://www.earthday.org/our-toolkits/
  • Check out the eco-credentials of that new item you covet.
  • Could you buy second hand, or repurpose an existing item? Each time you do this it stops something potentially going to landfill.
  • And lastly, Innovate, Innovate, Innovate!

If you need help with your innovation process PatWorld is a patent search database that allows you to search over 145 million patent documents worldwide. Understanding what’s currently patented can help steer your innovation. Email [email protected] for further information or check out https://patworld.com/gb/why-patworld/com.

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FemTech – Reviewing Patents to Highlight Innovation

FemTech – Reviewing Patents to Highlight Innovation

Clare Gibson Senior Patent Analyst at PatWorld shares her thoughts on the Innovation in FemTech by reviewing patents.

“FemTech” is a relatively recent term coined in 2016 by the Danish entrepreneur Ida Tin, creator of the period and menstruation tracking app “Clue”, where the term is now synonymous with technology focused on women’s health. Such technology often includes software, diagnostics, products and services, with a large proportion holding female reproductive health at its core. For example, fertility solutions, menstruation tracking apps, pregnancy care, nursing care, sexual wellness, contraception, and general reproductive health care are a few areas where FemTech operates.

Read the full article in the latest issue of the Women’s IP World Annual.

Clare Gibson is a Senior Analyst at PatWorld and an expert in undertaking FTO, Patentability and Invalidity searches, covering all types of subject matter with specialisms in Physics and Mechanics.

PatWorld are experts in providing Patentability, Freedom To Operate (FTO), Patent Busting, State of the Art, and Patent Mapping searches. Find more information and order a search here. Need help in deciding which search you need? Email: [email protected] for information.

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