Textiles Intelligence to Co-sponsor VDC's Smart Fabrics and Interactive Textiles Market Research

3/21/2003 - Venture Development Corporation (VDC) announced Textiles Intelligence will co-sponsor VDC's smart fabrics and interactive textiles (SFIT) market research study.

Textiles Intelligence is a provider of global business information to the international fiber, textile and apparel industry. Through this partnership, Textiles Intelligence will share with VDC their proprietary information and access. Textiles Intelligence's experience in this field will:

VDC's research program, based on extensive interview lists with suppliers, integrators, and users of products enhanced by SFIT technologies, will include:

With this study, VDC is turning its attention to the global market for smart fabrics and interactive textiles. Already, a number of companies are researching, designing, producing and marketing prototype SFIT-enabled products. And not all of them are garments or accessories. Literally thousands of common consumer and advanced industrial products are candidates for the incorporation of SFIT technologies.

SFIT may represent one of those unique opportunities in technology where a number of market trends and technical advances are combining to drive massive demand for new capabilities. Proliferation of wireless computing, control and communications continues. So too does the field of advanced materials, including MEMs and nanotechnology. Together with a host of other related forces, they are creating an environment almost ideal for massive revenue and profit opportunities from the sale of SFIT technologies, and solutions enhanced by SFIT technologies. This study will identify and describe these forces and trends, and provide detailed analyses of many more opportunities and issues.

Interim findings from the analysis will be shipped in June 2003; the completed report will be delivered in July 2003.

About VDC
Founded in 1971, VDC is a technology market research and consulting firm that specializes in industrial and commercial electronics, computing, communications, software and power systems markets.

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