Rithika Thomas
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Rithika Thomas In The News
Fashion United (2024-07-05)
Experts at ABI Research said that from 2027, DPP solution providers should “prepare a competitive pricing model to increase adoption across the supply chain”.
In the firm’s report, Rithika Thomas, sustainable technologies senior analyst, said: “To strengthen DPP offerings, solution providers should identify target customers in relevant vertical ecosystems with industry-specific solutions, adapt to nuances in regional supply chains, offer a robust compliant data structure, provide solid customer support, and furnish incremental updates to cater to the evolving regulatory landscape.”
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Cyber Era (2024-07-05)
“The European Union is leading the way with Digital Product Passports (DPPs) to provide comprehensive product data across the value chain,” ABI says. “High-impact sectors like batteries, vehicles, textiles, electronics, furniture, plastics, construction, and chemicals are the first to adopt DPPs. Apparel DPPs are gaining momentum ahead of regulations, especially among sports brands.
“Forward-thinking brands will use DPPs to identify supply chain issues, reduce overproduction, verify compliance and authenticity, and create branded resale ecosystems.”
“By 2030, all apparel sold in Europe will require a Digital Product Passport (DPP) due to mandatory regulations, accelerating DPP adoption from 2027 onward. North America, Asia Pacific, and other regions will follow, starting with luxury and big-brand apparel, then expanding to the mass market as suppliers recognize the benefits of data sharing to optimize supply chains.”
“However, practical implementation, data structure, and accessibility are still evolving in this emerging market,” ABI’s Rithika Thomas warns. “DPP solution providers should emphasize the value for suppliers and consumers to scale adoption beyond just meeting regulatory compliance.”
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NFCW (2024-07-03)
The apparel industry alone will be responsible for issuing more than 62.5bn Digital Product Passports a year by 2030, ABI Research predicts, generating annual revenues of US$1.59bn for suppliers of supporting IT and software.
“The European Union is leading the way with Digital Product Passports (DPPs) to provide comprehensive product data across the value chain,” ABI says. “High-impact sectors like batteries, vehicles, textiles, electronics, furniture, plastics, construction, and chemicals are the first to adopt DPPs. Apparel DPPs are gaining momentum ahead of regulations, especially among sports brands.
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EE News (2024-07-02)
The latest report from ABI Research highlights growth in smart home device shipments for energy management, specifically smart thermostat systems, as well as smart lights, and smart plugs, growing from 230.9 million in 2024 to over 584 million in 2030.
“Western European households will lead the adoption of energy efficiency smart home devices, followed closely by North American households. The rate and speed of adoption depends on many factors such as increased household Wi-Fi connectivity, device price points, installation type, and customer service,” explains Rithika Thomas, Sustainable Technologies Senior Analyst at ABI Research. “Global Energy Regulations, eco bonuses, and subsides in Europe (particularly in France, Germany, and Italy) will additionally drive adoption during the forecast period and open opportunities in retrofit markets, which will surpass new builds.”
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Fibre2Fashion (2024-06-29)
The global apparel sector is set for a significant transformation with the creation of over 62.5 billion digital product passports (DPPs) by 2030, according to a report by global technology intelligence firm ABI Research. These DPPs, coupled with supporting software and IT revenues estimated at US$1.59 billion, are poised to accelerate traceability and drive positive change across the fashion industry.
"DPPs encourage OEMs and suppliers to enhance textile efficiency, reduce overproduction, promote product reuse and repair, and demonstrate sustainability, increasing product value. However, practical implementation, data structure, and accessibility are still evolving in this emerging market. DPP solution providers should emphasise the value for suppliers and consumers to scale adoption beyond just meeting regulatory compliance," said Rithika Thomas, sustainable technologies senior analyst at ABI Research.
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Products of Change (2024-06-26)
“DPPs encourage OEMs and suppliers to enhance textile efficiency, reduce overproduction, promote product reuse and repair, and demonstrate sustainability, increasing product value. However, practical implementation, data structure, and accessibility are still evolving in this emerging market. DPP solution providers should emphasise the value for suppliers and consumers to scale adoption beyond just meeting regulatory compliance,” said Rithika Thomas, sustainable technologies senior analyst at ABI Research.
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RCR Wireless News (2024-04-12)
Rithika Thomas, analyst for sustainable tech at ABI Research, said: “Energy savings, dynamic control(s), [and] regulatory pressures will catapult NLC from a niche market into mainstream lighting solutions. NLC, particularly wireless installation, will strengthen its use case due to ease of installation, cost, and savings. Lighting OEMs are complying with… regulations [with] options to upgrade existing luminaires with sensors… to extend their operational [life] and carbon emissions.”
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Key4Biz (2024-02-07)
“Grazie a questo strumento – ha spiegato in una nota a commento del Report l’analista del settore delle tecnologie sostenibili di ABI Research, Rithika Thomas – per il mercato europeo sarà più facile tracciare i prodotti in ottica di sostenibilità ambientale e di qualità dei materiali e delle componenti”.
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Electronic Specifier (2024-02-07)
“The Digital Product Passport will be a game-changer promoting traceability, material, and energy efficiency, and repair-based business models,” says Rithika Thomas, Sustainable Technologies Industry Analyst at ABI Research. The Battery Digital Passport is a digital twin of the battery, which stores information about the battery with a QR code, serial number, and supporting unique verification documents to demonstrate the circular flow of resources from raw mineral extraction to material production, manufacturing, operation, and recycling. The battery passport aims to be a global one-stop verification for battery quality and responsible manufacturing.”
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