Multiple industry experts selected the finalists of the Beauty Innovation Award
Opened in partnership with Antares Vision Group and Hyphen Digital, the first edition of the Beauty Innovation Award gathered high interest among international startups and scaleups of the beauty and cosmetics industry
Lugano, October 18, 2024 – Antares Vision Group, an Italian leader in track & trace solutions, and the software house Hyphen Digital, announce the finalists of the first edition of the Beauty Innovation Award 2024, promoting a forward-thinking approach to open innovation and digital solutions to enhance the beauty and cosmetics industry, with a particular focus on scale-ups and well-structured solutions ready to be implemented.
All applications were analyzed by a prestigious jury composed of industry experts from key innovative players in the beauty industry, like Acqua di Parma, Alpeor, Angelini Beauty, Bayer, Bulgari, Davines, Galderma, Hub & Logistics SA, Intercos Group, La Prairie, Mavex, Louis Widmer, Miamo, and VerdiLab.
About 70 applications were submitted, which made the selection very tough. The 12 most innovative solutions will pitch during the final event of the Beauty Innovation Award 2024 in Lugano, Switzerland, on November 21st, 2024. Additionally, participants will have the opportunity to attend the exclusive E-luxury summit on November 26th in Lausanne, Switzerland, connecting with over 400 industry professionals.
First category: Generative AI for CX & CE
AdGreetz: https://www.adgreetz.com/
Location: Los angeles, USA
ADGREETZ is an AI personalization platform that empowers brands and businesses to produce and deploy smart, data-driven, personalized video and display ads/messages on 26 channels (everything from CTV/OTT to Meta, Google/YouTube to TikTok, email, SMS text and more). These real-time displayed ads/messages build stronger relationships with customers, increasing engagement and activation 2X-3X, while saving costs.
Haut.AI: http://www.haut.ai/
Location: Tallinn, Estonia
Haut.AI is an innovative SaaS platform using GenAI for scientifically backed hair and skin analysis, elevating consumer experiences for beauty brands. Haut.AI offers advanced skin analysis, product recommendations, and tools like SkinGPT and SkinChat for real-time engagement. Designed by scientists, Haut.AI’s technologies empower brands to enhance the customer journey. Haut.AI’s SkinGPT uses generative AI to model skin conditions, offering photorealistic simulations that bridge consumer expectations and product effects. Haut.AI is committed to advancing skincare science and making technology accessible to the beauty industry.
Renude: https://www.renude.ai/
Location: Canterbury, UK
Renude revolutionizes beauty e-commerce with the world’s first AI Aesthetician, a chatbot created by dermatologists, aestheticians, chemists, and data scientists. Powered by AI and 3 million data points, Renude offers skincare customers a unique service. Users can interact with the AI Aesthetician to analyze skin, optimize routines, assess product suitability, and get ingredient advice in real-time. Licensed to brands and retailers, Renude integrates easily into e-commerce sites, offering a seamless, branded experience.
Skin Match Technology Switzerland AG: https://www.skin-match.com/
Location: Zürich, Switzerland
Skin Match Technology provides customizable software solutions with analytics dashboards that offer insights into customer behavior. The Fragrance Finder AI, a standout tool, revolutionizes scent selection by using a vast database of ingredients and fragrance notes for personalized recommendations. It considers preferences, packaging, price, intensity, and style, enhancing the online shopping experience with clear, detailed explanations for each match.
Enterprise Bot: https://www.enterprisebot.ai/
Location: Zürich, Switzerland
Enterprise Bot develops AI-powered Omnichannel Virtual Assistants (chatbots, emailbots, and voicebots) that automate 70-80% of queries and respond in under 2 seconds. Enterprise Bot’s solutions enhance CX, CE, and knowledge management across platforms, increasing customer satisfaction and agent efficiency by 90% while cutting support costs by 40%. Enterprise Bot integrates with any API, CRM, or database for tasks beyond Q&A, including sales and refunds.
Trajaan: https://trajaan.io/
Location: Colombes, France
TRAJAAN is the preferred choice for market research software and utilizes search engine data to empower strategic marketers. With a focus on consumer insights, content recommendations, performance monitoring, and efficient marketing budget allocation, TRAJAAN aids in effective marketing decision-making.
Second category: AI & Machine Learning for supply chain management
Adrich Inc: https://www.adrich.io/
Location: Pittsburgh, USA
Adrich transforms the beauty industry by empowering brands to engage consumers at every point of use, fostering seamless experiences and lasting loyalty. Through smart technology, Adrich monitors real-time product usage, offering insights that enable personalized interactions when they matter most. The platform enhances user compliance with a digital assistant that guides optimal product usage, building trust and satisfaction. Adrich’s auto-reorder feature ensures consumers never run out of their favorite products, while one-on-one digital marketing at the point of use delivers targeted messages, boosting engagement, loyalty, and brand success in the competitive beauty market.
Authena AG: https://authena.io/
Location: Zug, Switzerland
Authena’s solution transforms supply chain efficiency in the Beauty & Personal Care industry with eco-friendly disposable IoT tracking labels. These labels monitor temperature, humidity, and fill levels, transmitting real-time data for precise supply chain oversight. Advanced AI analytics enhance transparency, compliance, and logistics optimization, while secure data handling ensures privacy and trust. Authena sets a new standard for traceability and decision-making, driving efficiency and reliability in the industry.
Flowlity: https://flowlity.com/
Location: Paris, France
With Flowlity, SC data scientists can create ideal forecasts by selecting metrics, adding data, choosing models, and back-testing performance. They can visualize model performance, track manual changes, and set alerts for drifts. Additionally, Flowlity allows them to assign and modify inventory strategies, visualize KPI impacts, back-test performance, and generate low-touch plans by adjusting constraints and tracking changes.
Fuse Inventory: https://www.fuseinventory.com/
Location: Palo Alto, USA
Fuse Inventory is a supply chain ERP that leverages AI to optimize inventory spending. By providing predictive, automated inventory purchase recommendations, Fuse Inventory helps top brands like True Botanicals and Margaux scale profitably. In a fragmented supply chain space, Fuse Inventory addresses lost revenue from incorrect inventory purchases, which costs retailers over $1T annually. Fuse Inventory’s customers reduce overstocks by 70% and stockouts by 10%, potentially saving the industry $580B each year.
Global Product Insights (GPI): https://gpiexperience.ai/en
Location: Zürich, Switzerland
GPI is a cutting-edge market research company dedicated to helping consumer brands unlock their full potential through innovative insights. As a sister company of FlavorWiki, GPI leverages industry expertise and patented AI technology to deliver fast, accurate, and actionable consumer data across various sectors. Offering services like Consumer Journey analysis, Sampling programs, and Digital Surveys, GPI provides deep understanding and fosters product innovation. With a global reach and an engaged consumer community, GPI is the ideal innovation partner, revolutionizing the way brands approach consumer insights and driving success in today’s competitive market.
InFLOWS AI: https://inflowsai.com/
Location: New York, USA
InFLOWS AI serves industries ranging from cosmetics to lubricants that rely on complex chemical formulations to meet high-performance standards. Perfecting these recipes often takes years of lab work, only to face setbacks when a key ingredient becomes unavailable or toxic. InFLOWS AI has developed AI agents that help manufacturers accelerate “job-to-done” by 10x, assisting in tasks such as replacing challenging materials, designing and optimizing formulas, and adjusting parameters to reduce water and energy consumption.