Coats Digital is delighted to announce that its industry leading fabric solution, FastReactFabric, has secured its place as a finalist in the prestigious The 2024 SaaS Awards programme, competing in nine award categories for: Most Agile/Responsive SaaS Solution of the Year, Best Data-driven SaaS Product, Best Data Innovation in a SaaS Product, Best SaaS Product for Business Management, Best SaaS Product for Business Intelligence/Analytics, Best SaaS Product for CSR, Sustainability & ESG, Best SaaS Product for ERP/MRP, Best SaaS Product for Engineering Management, PLM or CAD and Best SaaS Product for Supply Chain/Warehouse Management.
A long-established awards platform now spanning 56 categories, The SaaS Awards celebrates the latest innovations and applications of software-as-a-service solutions across a wide range of use cases and sectors. The programme received entries from organizations worldwide, including North America, Canada, Europe, the Middle East, and Australasia.
Kunal Kapur, Managing Director, Coats Digital, said: “It is fantastic news that we have made it to the final stage in nine categories at this year’s highly acclaimed SaaS Award programme. We are truly honoured to be named alongside so many leading global organisations at this final stage. We are immensely proud of FastReactFabric, which is making a significant impact within the fashion industry by integrating buying and cutting operations into a single platform. We expect our recent solution enhancements, which include Roll Allocation and Remnant Planning, will ensure that FastReactFabric continues to play an instrumental role in helping the global apparel sector become even more competitive and environmentally responsible in the years ahead.”
James Williams, CEO, The Cloud Awards, said: “Each year it seems the quality of the entries into The SaaS Awards exceeds all our expectations, and 2024 has proven this to be the case. Our judges have been very forward in telling our team how difficult their decisions have been this year, for all the right reasons – such is the calibre of the submissions they’ve been reviewing. As such, I’d like to extend a huge congratulations to this year’s finalists. To have stood apart from an extremely impressive field of shortlistees is a tremendous achievement. We wish them all the best of luck in the final round of judging.”
The programme’s judges will now determine which of the finalists should be crowned the winner in each category, with the announcement of their decision to be made on Tuesday 13th August 2024.
The programme will return to welcome new submissions in Spring 2025, to continue recognising excellence in SaaS solutions.
To view the full list of finalists, please visit: https://www.cloud-awards.com/2024-saas-awards-finalists
Contact details
For Coats Digital
Laurena Mckenna – PR & Communications Manager
Emal: laurena.mckenna@coats.com
For The Cloud Awards
Matthew Gregory – Sales and Marketing Manager
https://www.cloud-awards.com/cloud-computing-awards/
matthew@cloud-awards.com
(212) 574-8117
Notes for editors
- Images available here
About Coats Digital
Coats Digital is the leading digital transformation partner for the fashion supply chain, powering sustainable processes and high value insights through connected technologies. We leverage deep industry and technology expertise to help brands and manufacturers optimise, connect and accelerate business critical processes from design and development to method-time-cost optimisation, production planning and control, fabric optimisation and shop floor execution. Used in over 3,000 factories globally, our unmatched end-to-end apparel, footwear and textile software and SaaS solutions improve agility, speed to market, efficiency, transparency and sustainability. Coats Digital – transform with intelligence. coatsdigital.com
Coats Digital is the software business of Coats Group, the world’s leading industrial thread company and a trusted industry player.
About FastReactFabric
FastReactFabric integrates buying and cutting operations into a single platform, delivering meaningful data insights that track and optimize real-time fabric usage and wastage. This powerful solution automates and optimises fabric consumption estimation at the buying stage and ensures accurate cut planning and execution on the production floor, thereby eliminating time-consuming manual tasks and reducing fabric, water, and energy consumption.
FastReactFabric enables fashion manufacturers to reduce fabric costs by up to 2.5%; shrink fabric buying and planning times by 95%, and provide 100% fabric tracking, to further advance sustainability credentials and reduce overall fabric remnants that so often end up in landfill.
Coats Digital has recently optimised FastReactFabric further by adding Roll Allocation and Remnant Planning enhancements to the solution. The Roll Allocation addition delivers greater efficiency by maximising fabric width and length usage; Whilst the new Remnant Planning capability helps to maximise fabric remnant use to ensure minimal waste and more efficient resource utilisation.
About the Cloud Awards
The Cloud Awards is an international program which has been recognising and honouring industry leaders, innovators and organizational transformation in cloud computing since 2011. The Cloud Awards comprises five awards programs, each uniquely celebrating success across cloud computing, software-as-a-service (SaaS), cloud security, artificial intelligence (AI), and financial technologies (FinTech).
Winners are selected by a judging panel of international industry experts. For more information about the Cloud Awards, please visit https://www.cloud-awards.com/.
About The Cloud Awards Program
The Cloud Awards identifies and celebrates the most innovative organizations, technologies, individuals and teams in the world of cloud computing. The program spans 36 categories, including ‘Best Cloud Infrastructure’ and ‘Best Cloud Automation Solution’.
About The SaaS Awards
The SaaS Awards focuses on recognizing excellence and innovation in software solutions. Categories range from Best Enterprise-Level SaaS to Best UX or UI Design in a SaaS Product.
About The Cloud Security Awards
The Cloud Security Awards celebrates innovation in the cybersecurity industry. The program includes a wide range of categories, including ‘Best Web Security Solution,’ ‘Cloud Security Innovator of the Year,’ and ‘Best Security Solution for Finance or Banking.’
About The A.I. Awards
The A.I. Awards recognizes the best and the brightest in solutions utilizing artificial intelligence. The program incorporates 21 categories across a wide range of sectors, including ‘Best Use of AI in Retail and eCommerce’ and ‘Best Use of AI in Finance’.
About The FinTech Awards
The FinTech Awards focuses on the major innovations in the world of financial technology, across 23 categories. These include ‘Best FinTech for Financial Accounting and Management Accounting’ and ‘Best FinTech for RegTech and Financial Compliance’.
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