Italy
Predit, established in 2016 and headquartered in Italy, is a burgeoning player in the intersection of AI and the Fashion Retail industry. The company’s slogan, “PREDIT is a Cloud AI tool helping Fashion Retail brands improve profitability of assortments with data driven approach,” captures its core mission.
Partnered with the Techedge Group and a member of the SAP Startup Focus Program, Predit has also attained formal solution validation by SAP in 2017. The company harnesses cutting-edge machine learning algorithms to bridge the gap between consumer desires and product offerings, minimizing unsold inventory and waste.
By capitalizing on data from various business processes and platforms, Predit enhances new product development strategies, aiming to reduce risks and costs associated with unsuccessful launches. This approach is designed to improve product appeal pre-launch, thereby optimizing sales performance.
