MDPS
Development of a multi-modal demand prediction system
MDPS is a project within the framework of the European Social Fund Plus/European Regional Development Fund, the goal of which is the development of a multimodal demand prediction system for fashion retailers. By applying the latest technologies from the field of machine learning, more accurate predictions regarding future trends in fashion demand are made possible.
In this process, various multimodal data sources are utilized to further improve prediction accuracy. Through the use of precise prediction systems, fashion retailers can reduce overproduction, thereby conserving resources and reducing their CO2 emissions.
Co-financed by the European EFRE-ESF+ fund through the European Union and the Lower Saxony Ministry for “Federal and European Affairs and Regional Development”
- Dresslife