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Two Portuguese tech firms chosen for new retail programme

Two Portuguese tech firms chosen for new retail programme

PortugalRetailSoftwareTop Stories

Two innovative Portuguese technology firms have been named as two of 11 start-up companies chosen for a new ‘Dream Assembly Programme’ launched by Farfetch, a leading global technology platform for the luxury fashion industry.

The companies chosen for the programme are working with technologies including virtual reality and Artificial Intelligence and are exploring ways of applying these and other technologies to revolutionise the future of commerce.

Didimo, a leading creator of high-fidelity digital humans, uses its technology to bring authenticity to virtual interactions. It is a deep technology company stemming from over a decade of cutting-edge research on computer graphics, Machine Learning and facial animation.

It gives brands a simple way to streamline and scale the production of unique lifelike 3D characters. For a retail company, incorporating Didimo’s technology will improve the customer experience while shopping online, reducing the returns of online orders which result in financial losses.

Meanwhile, uses computer vision to collect relevant information from websites, catalogues and social media to create a platform where retailers could easily monitor their competition. Additionally, using image recognition, it is able to detect objects like clothes in real-time.

The companies were selected from targeted applications from around the world. Farfetch’s Dream Assembly programme was launched in April to provide mentorship, knowledge, networking opportunities and early-stage funding to start-ups.

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