Coats Digital is delighted to announce that its industry leading fabric solution, FastReactFabric has been declared a winner in the Most Agile/Responsive SaaS Solution of the Year and Best SaaS Product for CSR, Sustainability & ESG award categories at this year’s prestigious The 2024 SaaS Awards. Coats Digital’s FastReactFabric solution is awarded the top accolades on the basis of its innovative features, seamless integration, ability to significantly revolutionise the fashion industry, and for supporting a more collaborative, transparent and sustainable global fashion supply chain.
A long-established awards programme spanning 56 categories, The SaaS Awards recognises the leading innovations and applications of software-as-a-service solutions across a wide range of use cases and sectors. The programme received entries from organisations of varying sizes worldwide, including North America, across Europe, and APAC.
Kunal Kapur, Managing Director, Coats Digital, said: “This is an extraordinary moment for us. Securing two highly coveted awards at this year’s globally acclaimed SaaS Awards is an incredible honour and a true testament to the impact of FastReactFabric. We are thrilled to see our solution recognised for its role in enhancing the efficiency, sustainability, and integration of the fashion supply chain. This achievement highlights the relentless dedication and innovation of our global teams who work tirelessly to address the challenges faced by our customers and the industry. Being acknowledged on such a prestigious awards platform motivates us to keep pushing the boundaries of what’s possible in the SaaS arena, setting new standards for our industry and making a meaningful difference for brands, manufacturers, and consumers worldwide.”
CEO of The Cloud Awards, James Williams, said: “We’re thrilled to reveal the winners of The 2024 SaaS Awards after three intense rounds of judging. It’s been an outstanding edition of the awards this year, and the team and I would like to thank all those organisations that entered.
“Coats Digital has demonstrated an unwavering commitment to innovation and excellence and is a more than deserving winner of the Most Agile/Responsive SaaS Solution of the Year and Best SaaS Product for CSR, Sustainability & ESG award categories. The calibre of the finalists this year was particularly high, which is a testament to this wonderful achievement.
“A huge congratulations to Coats Digital and to all of 2024’s winners. We are extremely excited to see how they continue to drive the industry forwards in the coming years.”
Coats Digital wins two Award Categories, based on the following judges’ assessments:
Most Agile / Responsive SaaS Solution of the Year
“FastReactFabric by Coats Digital exemplifies innovation in the fashion industry, seamlessly integrating technology to enhance fabric efficiency and sustainability. Its impressive impact on reducing waste and costs, coupled with its adaptability, makes it a standout responsive SaaS solution. This platform is not just a tool, but a game-changer for sustainable fashion. Congratulations on winning this SaaS Awards category!” Maneet Bansal, Lead Judge
Best SaaS Product for CSR, Sustainability and ESG
“Coats Digital’s FastReactFabric has earned this award for its pivotal role in driving the digital transformation of the fashion industry. By offering superior, connected SaaS solutions, Coats Digital provides real-time data insights that enhance efficiency, transparency, and sustainable practices across the global fashion supply chain. Trusted by over 3,000 factories worldwide, their innovative platform supports design, development, and production, delivering significant ROI and enabling robust, adaptable business processes. Congratulations from everyone at The SaaS Awards.” Annabelle Whittall, Lead Judge
Adrian Elliot, Divisional CEO, Apparel, Coats Group, added “We are absolutely delighted that our dedicated software arm, Coats Digital’s has achieved these stunning award wins at this year’s prestigious SaaS Awards for FastReactFabric. In an industry that increasingly relies on technology for sustainability and CSR compliance, FastReactFabric stands out as a truly transformative force. As the world’s leading thread manufacturer, these awards affirm our progress towards becoming a premier provider of technology for the fashion supply chain. FastReactFabric’s innovative integration of buying and cutting operations drives both efficiency and sustainability. Our commitment to innovation is evident in the recent introduction of Roll Allocation and Remnant Planning features, ensuring that FastReactFabric delivers even greater environmental and competitive ROI benefits than ever before. With FastReactFabric, we are setting new standards in the industry and see vast opportunities ahead.”
To view the full list of winners across all categories, please visit: https://www.cloud-awards.com/2024-saas-awards-winners
The programme will return to welcome new submissions in Spring 2025, to continue recognising excellence in SaaS solutions.
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Contact details
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
Coats Digital Editorial Contact
Laurena McKenna
PR & Communications Manager
laurena.mckenna@coats.com
www.coatsdigital.com
About the Cloud Awards
The Cloud Awards is an international program which has been recognizing and honouring industry leaders, innovators and organisational 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 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 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 optimise 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. Read more here: https://web.coatsdigital.com/fastreactfabric-intelligent-fabric-cutting-and-buying-software
Smart Fabric Planning with FastReactFabric
Stop wasting fabric and start increasing profit. Buy fabric with accuracy and cut with confidence.
