AI to reduce product development lifecycle for a large Consumer Packaged Goods company

Situation

A large cosmetic company´s product development process had multitude of bottlenecks due different departments working in silos with disparate data.

Solution

A new cloud-hosted platform centralized product information and offered R&D diverse opportunities for optimizing product development, conducting advanced analytics, and performing sophisticated querying and visualization.

• 70% increase in formulation timelines and significantly
• 50% increase in productivity by predicting results such as powerful what-if analysis capability and user driven simulations before physical build