New generative AI capabilities reduce cost and accelerate
workflows by summarizing raw product data into Digital Product
Passports (DPPs)
SALT
LAKE CITY, July 10, 2024 /PRNewswire-PRWeb/ -- Today,
PicoNext announced the launch of the PicoNext AI Assistant, a new
generative artificial intelligence capability in its Digital
Product Passport (DPP) platform that frees companies from the
tedious, manual workflows of organizing DPP product data. The
PicoNext AI Assistant is the first generative AI product to
summarize raw product data into streamlined, user-friendly DPPs,
allowing companies to dramatically reduce time and cost in
publishing Digital Product Passports required by the European Union
and other jurisdictions.
"With the new PicoNext AI Assistant, brands
can dramatically reduce the cost and time it takes to prepare
Digital Product Passports through generative AI that automatically
summarizes these key product data points into templates aligned
with emerging regulatory standards." —Dave Dickson, PicoNext
Using PicoNext AI Assistant to distill product data into
DPPs
Integrated with the DPP Planner, a one-stop tool in PicoNext to
gather and organize DPP product data, the PicoNext AI Assistant
allows organizations to ingest raw, unstructured product data in a
variety of formats. Companies can then use the AI Assistant to
automatically and quickly create summaries for sustainability
attributes in a DPP template aligned with regulatory standards –
including sections for materials origin, carbon footprint,
environmental impact, recycling, and more.
Using the PicoNext AI Assistant, companies can avoid costly,
custom integrations with enterprise resource planning (ERP) systems
and other data silos by harnessing generative AI to analyze and
summarize product data into Digital Product Passports.
Customer case study: Using PicoNext AI Assistant to accelerate
DPP creation
Weartek, an Australian manufacturer of high-quality, performance
apparel products for workers in mining, oil and gas, construction,
government, and emergency services industries, used the PicoNext AI
Assistant to accelerate its workflow to communicate important DPP
product information to sustainability-minded customers. PicoNext AI
Assistant helped Weartek streamline DPP publishing for its new line
of personal protective equipment (PPE) designed to provide
electrical workers with safe apparel, including with heavy-duty Arc
Flash protection.
"Using the PicoNext AI Assistant, we quickly distilled complex,
raw data for our Weartek 4836 line of performance workwear products
into customer-facing Digital Product Passports," said Nick Pearce, Founder and Managing Director of
Weartek, "With our AI-powered DPPs, we differentiated Weartek with
potential customers using our sustainability data — at a fraction
of the time and cost than it otherwise would have taken us to do
so."
Preparing DPPs to comply with regulations
"Companies are preparing their Digital Product Passports not
only to engage sustainability-focused customers, but to comply with
regulations in the European Union and other locations," said
Dave Dickson, Founder of PicoNext.
"With the new PicoNext AI Assistant, brands can dramatically reduce
the cost and time it takes to prepare Digital Product Passports
through generative AI that automatically summarizes these key
product data points into templates aligned with emerging regulatory
standards."
PicoNext Generative AI features for Digital Product
Passports
Key features for the PicoNext AI Assistant include:
- Flexible Input Formats. Speed DPP creation by using Web URLs,
Microsoft Word documents, Microsoft PowerPoint presentations, and
other raw inputs as product data.
- Generative Summary. Extract automatic summaries from product
data into DPP sections like materials origin, carbon footprint,
energy usage, recycling, and more.
- Multiple Foundational Model Support. Select between multiple
foundational large language models for text generation, including
OpenAI GPT 4o, OpenAI GPT 3.5 Turbo, and Google Gemini Flash
1.5.
- Prompt Refinement. Use custom, follow-on AI prompts to refine
generated output, including focusing on specific product
attributes.
- AI Options. Fine-tune options used in generating AI content,
including target word count, output variety, and content
repetition.
- Review and Edit. Manually review AI-generated content for
accuracy, and edit information before publishing.
- Data Privacy. Utilize the AI Assistant knowing that no customer
content is used to train the underlying AI model.
Availability
The PicoNext AI Assistant is now available to organizations with
a PicoNext Pro or Enterprise plan.
Resources
- Weartek DPP. View the AI-powered Digital Product Passport for
the Weartek 4836 line of performance workwear at
https://dpp.weartek.com.au/
- Weartek case study. Read more about Weartek's implementation of
AI-powered Digital Product Passports at
https://piconext.com/customers/weartek/
- Video overview. View a video overview of the PicoNext AI
Assistant on YouTube at https://youtu.be/JNy4WgxNwYg
- Blog post. Read a blog post that overviews the new PicoNext AI
Assistant at
https://piconext.com/article/digital-product-passport-ai-assistant/
About PicoNext
PicoNext is an end-to-end platform for brands to engage their
customers using Digital Product Passports – using AI, blockchains,
and the cloud. For more details, visit PicoNext.com
Media Contact
PicoNext PR, PicoNext, 1 6509241789, media@piconext.com,
https://piconext.com
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SOURCE PicoNext