Coats Digital's FastReactFabric wins top honours at SaaS Awards 2024

A long-established awards programme spanning 56 categories, The SaaS Awards recognizes the leading innovations and applications of software-as-a-service solutions across a wide range of use cases and sectors. The programme received entries from organisations of varying sizes worldwide, including North America, across Europe, and APAC.

Kunal Kapur, Managing Director, Coats Digital, said: “This is an extraordinary moment for us. Securing two highly coveted awards at this year’s globally acclaimed SaaS Awards is an incredible honour and a true testament to the impact of FastReactFabric. We are thrilled to see our solution recognised for its role in enhancing the efficiency, sustainability, and integration of the fashion supply chain. This achievement highlights the relentless dedication and innovation of our global teams who work tirelessly to address the challenges faced by our customers and the industry. Being acknowledged on such a prestigious awards platform motivates us to keep pushing the boundaries of what’s possible in the SaaS arena, setting new standards for our industry and making a meaningful difference for brands, manufacturers, and consumers worldwide.”

CEO of The Cloud Awards, James Williams, said: “We’re thrilled to reveal the winners of The 2024 SaaS Awards after three intense rounds of judging. It’s been an outstanding edition of the awards this year, and the team and I would like to thank all those organisations that entered.

“Coats Digital has demonstrated an unwavering commitment to innovation and excellence and is a more than deserving winner of the Most Agile/Responsive SaaS Solution of the Year and Best SaaS Product for CSR, Sustainability & ESG award categories. The calibre of the finalists this year was particularly high, which is a testament to this wonderful achievement.

“A huge congratulations to Coats Digital and to all of 2024’s winners. We are extremely excited to see how they continue to drive the industry forwards in the coming years.”

Coats Digital won two Award Categories, based on the following judges’ assessments: 

Most Agile / Responsive SaaS Solution of the Year

“FastReactFabric by Coats Digital exemplifies innovation in the fashion industry, seamlessly integrating technology to enhance fabric efficiency and sustainability. Its impressive impact on reducing waste and costs, coupled with its adaptability, makes it a standout responsive SaaS solution. This platform is not just a tool, but a game-changer for sustainable fashion. Congratulations on winning this SaaS Awards category!” -Maneet Bansal, Lead Judge

Best SaaS Product for CSR, Sustainability and ESG

“Coats Digital’s FastReactFabric has earned this award for its pivotal role in driving the digital transformation of the fashion industry. By offering superior, connected SaaS solutions, Coats Digital provides real-time data insights that enhance efficiency, transparency, and sustainable practices across the global fashion supply chain. Trusted by over 3,000 factories worldwide, their innovative platform supports design, development, and production, delivering significant ROI and enabling robust, adaptable business processes. Congratulations from everyone at The SaaS Awards.” -Annabelle Whittall, Lead Judge

Adrian Elliot, Divisional CEO, Apparel, Coats Group, added, “We are absolutely delighted that our dedicated software arm, Coats Digital's has achieved these stunning award wins at this year’s prestigious SaaS Awards for FastReactFabric. In an industry that increasingly relies on technology for sustainability and CSR compliance, FastReactFabric stands out as a truly transformative force. As the world’s leading thread manufacturer, these awards affirm our progress towards becoming a premier provider of technology for the fashion supply chain. FastReactFabric’s innovative integration of buying and cutting operations drives both efficiency and sustainability. Our commitment to innovation is evident in the recent introduction of Roll Allocation and Remnant Planning features, ensuring that FastReactFabric delivers even greater environmental and competitive ROI benefits than ever before. With FastReactFabric, we are setting new standards in the industry and see vast opportunities ahead.”

The programme will return to welcome new submissions in Spring 2025, to continue recognising excellence in SaaS solutions.

Note: The content of this press release has not been edited by Fibre2Fashion staff.

Fibre2Fashion News Desk (KD)