Volition: Crowdsourcing Innovation in the Beauty Industry
Meet Volition: democratizing beauty products to cater to a global and diverse community whilst reducing research and product development costs through the power of open innovation.
Meet Volition: democratizing beauty products to cater to a global and diverse community whilst reducing research and product development costs through the power of open innovation.
As long as vanity exists there will be a market for skincare. Learn more about how innovative companies leverage artificial intelligence, machine learning, and big data to disrupt a $140B global skincare market.
With online DTC newcomers already taking up a considerable market share, traditional beauty giants try to stay ahead. Shiseido invests in data and digital research and machine learning for product development, acquisitions of AI startups and launched their own Venture Fund – but is it enough?