Coats Digital Named as Finalists in Four Categories at The SaaS Awards 2023

Category: General

Country: United Kingdom

Coats Digital’s unique, time-cost benchmarking solution, GSDCost, recognised for delivering real ROI and supporting a more collaborative, transparent and sustainable global fashion supply chain

Press Release
Coats Digital
23rd Aug 2023

LONDON, UK – August 22, 2023 – Coats Digital is delighted to announce that its unique, industry-changing time-cost benchmarking solution, GSDCost, has secured its place as a finalist in the prestigious 2023 SaaS Awards programme, competing in four award categories for: Best SaaS for Improved  Productivity, Best SaaS for Business Intelligence or Analytics, Best Data-Driven SaaS Product and Best SaaS Product for Product Analytics.

Now celebrating its 8th year, The SaaS Awards continues to recognise and honour outstanding SaaS innovations from all corners of the world. Entries from hundreds of companies spanning North America, Canada, Europe, the Middle East, and Australasia were received.

The programme boasts an array of categories for 2023, including ‘Bespoke SaaS Solution,’ ‘Best SaaS Product for Business Intelligence or Analytics,’ ‘Most Agile or Responsive SaaS Solution of the Year,’ and many others, showcasing SaaS solutions across industry verticals.

Kunal Kapur, Managing Director, Coats Digital, said: “It is fantastic news that we have made it to the final stage in four categories at this year’s highly acclaimed SaaS Awards programme. We are truly honoured to be named alongside so many leading global organisations at this final stage. We are immensely proud of GSDCost, which is the only solution out there that enables brands and manufactures to establish and optimise International Standard Method and Time (SMV)* Benchmarks by harnessing the power of the cloud to create a more collaborative, transparent and sustainable supply chain. We are dedicated to innovation at all levels of our business and GSDCost is a testament to this, having recently launched two new modules: Seamworks Cloud, a thread demand calculation tool; and a Fair Wage benchmark tool. We believe the introduction of our new Fair Wage tool will play an instrumental role in delivering a fairer living wage to all people working in the global apparel manufacturing sector – an industry sector which has much to redress with regards its sustainability and corporate social responsibility reputation in the years to come.” (*SMV = Standard Minute Value)

James Williams, Head of Operations at The SaaS Awards, said: “Each year, we see an explosion of competition and brilliant ideas in every submission. The finalists this year promise an exciting contest in the last stage of the program. Selecting the ultimate SaaS winner solutions among these exceptional entries will definitely be a challenging task.

The organizations announced today as finalists, including Coats Digital, are clear evidence of the exceptional quality and level of innovation achieved this year. Our panel of judges is thrilled to acknowledge these world-class SaaS innovators.”

The winners of The SaaS Awards will be notified on 13 September 2023.

As The SaaS Awards 2023 received hundreds of entries from across the globe, the program promises to return in 2024, continuing its tradition of recognizing international SaaS excellence across various industries.

To explore the complete list of finalists, please click here .

The Cloud Awards are now accepting nominations for the 2023-2024 program, recognizing excellence in cloud computing. The early entry deadline for The Cloud Awards is 1 September 2023.

The Cloud Security Awards  will return in 2024 seeking the latest innovations in cloud security.

About the Cloud Awards
The Cloud Awards is an international program which has been recognizing and honoring industry leaders, innovators and organizational transformation in cloud computing since 2011. The awards are open to large, small, established and start-up organizations from across the entire globe, with an aim to find and celebrate the pioneers who will shape the future of the Cloud as we move into 2023 and beyond. Categories include the Software as a Service award, Most Promising Start-Up, and “Best in Mobile” Cloud Solution.        

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.

Winners are selected by a judging panel of international industry experts. For more information about the Cloud Awards and SaaS Awards, please click here..   

About the SaaS Awards 
The SaaS Awards is a sister program to the Cloud Awards, which was founded in 2011. 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 the Cloud Security Awards   
The Cloud Security Awards is a sister program to the SaaS Awards and the Cloud Awards. The Cloud Security Awards celebrates innovation in the cybersecurity industry. The program includes a wide range of categories, including 'Best Web Security Solution,' 'Cloud Security Innovator of the Year,' and 'Best Security Solution for Finance or Banking.' For more information about the Cloud Security Awards, please visit: https://www.cloud-awards.com/cloud-security-awards/.   

About GSDCost
GSDCost is the international standard for establishing and optimising accurate method-time-cost benchmarks for sustainable garment cost optimisation and manufacturing excellence.

GSDCost supports a more collaborative, transparent and sustainable supply chain, in which brands and manufacturers establish and optimise ‘International Standard Time Benchmarks’ using standard motion codes and predetermined times. This use of a common language and standards supports accurate cost prediction, fact-based negotiation, and a more efficient garment manufacturing process, while concurrently delivering on CSR commitments.