• Title/Summary/Keyword: Industry Trends

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Trends of Big Data and Artificial Intelligence in the Fashion Industry (빅데이터와 인공지능을 중심으로 한 패션산업의 동향)

  • Kim, Chi Eun;Lee, Jin Hwa
    • Journal of the Korean Society of Clothing and Textiles
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    • v.42 no.1
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    • pp.148-158
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    • 2018
  • This study analyzes recent trends in fashion retailing instigated by the fourth industrial revolution and approaches the trends in terms of the convergence of big data and artificial intelligence. The findings are as below. First, companies like 'Edited' and 'Stylumia' offer solutions that support the strategic decisions of fashion brands and fashion retailers by analyzing big data using artificial intelligence. Second, the convergence of big data and artificial intelligence scales personalized service on the web as examples of 'Coded Couture', 'StitchFix', and 'Thread'. Third, the insights gained from artificial intelligence and big data help create new fashion retailing platforms such as 'Botshop' and 'Lyst'. Last, artificial intelligence and big data assist with design. 'Ivyrevel' designs digital fashion, assisted by a macroscopic perspective on fashion trends, market and consumers through the analysis of big data. The Fourth Industrial Revolution brings changes across all industries that will likely accelerate. The fashion industry is also undergoing many changes with advancements in scientific technology. The convergence of big data and artificial intelligence will play a key role in the future of fast-moving industry like fashion, where fickle tastes of consumers are the main drivers.

Urgent Proposal: Global Trends of Water Industry and Strategy of Korea (긴급제언: 물산업 국제동향과 우리의 전략)

  • Kim, Woo-Gu
    • Journal of the Korean Professional Engineers Association
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    • v.44 no.4
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    • pp.28-33
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    • 2011
  • Nowadays, The global water-industry is led by the vast-majority private corporation. However, Korean water-industry is generally of low specialty and efficiency, because it is operated by government. Therefore, To develop Korean water-industry, Korean water-industry needs the Restructure of water-industry, Technical development and Nurturing of the private corporation.

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