MySize Inc (NASDAQ:MYSZ) announced that its Spain-based Naiz Fit has launched a new sizing solution product—Naiz Fit Workforce—specifically addressing the needs of the $33 billion global workwear and uniforms market.
The omnichannel e-commerce platform and provider of AI-driven measurement solutions said Naiz Fit Workforce is the latest addition to MySize's growing portfolio of software as a service (SaaS) recurring revenue products.
"Naiz Fit Workforce is changing the economics of the multi-billion dollar workwear business by applying fashion-tech and AI to reduce costs and environmental footprint while speeding up delivery and improving customer service," MySize CEO Ronen Luzon said in a statement.
"This latest product launch is a testament to MySize's commitment to innovation and the power of our technology platform to spawn new products for focused markets where our technology can have an immediate impact," he added.
MySize noted that some of the largest workwear companies in Spain have already become customers, benefitting from Naiz Fit Workforce including Santexo, Norvil, Satara Seguridad, and Uniformes Moyua.
It added that Naiz Fit has received interest in the new product from numerous other companies across Europe.
Naiz Fit Workforce reduces logistics costs, accelerates order fulfillment processes, optimizes sizing at the manufacturing stage, and saves labor costs and time for employees including essential workers such as police and firefighters who can simply fill out an online form, with no need to physically try on a uniform, according to the company.
MySize is an omnichannel e-commerce platform and provider of AI-driven measurement solutions, including MySizeID and recently acquired Naiz Fit to drive revenue growth and reduce costs for its business clients.
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