WEF picks Nextail for Technology Pioneers programme

Spanish artificial intelligence startup Nextail has been selected by the World Economic Forum to join its Technology Pioneers cohort for 2020.

It has been recognised for driving sustainable models of consumption. The full list of companies can be viewed here.

The programme identifies early to growth-stage companies from around the world involved in the development and deployment of new technologies poised to have a significant impact on business and society.

It has been running for 20 years, with past recipients including Airbnb, Google, Kickstarter, Mozilla, Palantir Technologies, Spotify, TransferWise, Twitter and Wikimedia.

Also of interest: River Island invests in Nextail AI tech

Nextail CEO and Co-Founder Joaquín Villalba will be invited to participate at World Economic Forum activities, events and discussions throughout 2020. His company will also contribute to Forum initiatives over the next two years.

He says: “This is confirmation that our technology empowers fashion retailers with the agility they need to best meet customer demand and make more responsible use of the world’s resources.”

“Improving how we match supply and demand will become even more important post-Covid-19, now that decision makers have seen the limitations of legacy tech and operating models for predicting demand and allocating resources. We look forward to contributing to the Forum dialogues on this challenge.”