Smart Innovators: Circular Economy Digital Solutions
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Executive Summary
The circular economy promotes resource efficiency, the reuse and repurposing of parts, waste reduction and smarter product design, all of which align with broader ESG and sustainability goals. The integration of circularity into business models, particularly in consumer-facing industries, has proliferated the need for solutions that can help deliver less linear operations. This report provides a benchmark of circular economy digital solutions, with a focus on innovative technologies. The study defines the scope of circular economy digital solutions and assesses the capabilities of 35 software providers for corporate buyers looking to improve product footprints, inform design, trace environmental impacts and enhance post-sale operations, to break the take-make-waste chain. Innovation in the space often provides industry-specific solutions, owing to the unique challenges facing individual sectors.
Table of contents
Digital Solutions Hold The Key To Operationalizing Circular Initiatives
Regulations, Consumer Preferences And Environmental Constraints Drive The Need For Circular Solutions
Firms Must Respond To Supply Chain And Product Design Challenges To Close The Loop
Circular Economy Digital Solutions Are Born Out Of Industry-Specific Demands
Introducing the Circular Economy Digital Solutions Market
Circular Economy Solutions Target Four Areas Of The Product Life Cycle
Longstanding Software Applications Used In Product Life Cycles Form Solid Foundations For Circular Economy Solutions
Innovation Is Driven By The Need For Transparency, Traceability And Efficiency
Firms Should Integrate Circular Solutions To Take Product Strategy To The Next Level
Circular Solutions Provide Superior Data Access To Help Firms Re-Orient Business Models
Table of figures
Figure 1. Drivers For Firms Pursing Product CircularityFigure 2. National-Level Circular Economy Policy Initiatives
Figure 3. Circular Operations Changing End-Of-Life Product Outcomes
Figure 4. Categories Of Circular Economy Digital Solutions
Figure 5. Applying Circular Economy Digital Solutions To A Linear Life Cycle
Figure 6. Examples Of Circular Economy Service Providers And Their Capabilities
Figure 7. Circular Economy Digital Solutions Capabilities Assessment
Organisations mentioned
12Return, Accenture, AMCS, Anthesis, ASICS, Autodesk, Back Market, Bureau Veritas, Capgemini, CarbonCloud, Circle Economy, Circul8, Circular, Circular IQ, Circularise, Circulor, Close The Loop, Cognizant, Cyient, Dassault Systèmes, Deloitte, Depop, Digimarc, ecoInvent, ecoveritas, Ellen MacArthur Foundation, EMpower, Eon Clothing, ERI Direct, Etsy, European Parliament , Eurostat, Evreka, Fairown, Foodsteps, Green Story, Greyparrot, H&M, Holcim, IKEA, International Organization for Standardization (ISO), iPoint, Kezzler, L&T Technology Services (LTTS), Landbell Group, Lasso, Lixo, Lizee, Makersite, Mondra, nfosys, NYU Stern Center For Sustainable Business, Ocean Bottle, On Running, One Click LCA, OnProcess, Organisation for Economic Co-operation and Development (OECD), PANGAIA, Patagonia, Philips, Plaex, Qliktag, Recyda, Recykal, Recytrust, ReverseLogix, SCYCLE, Selerant, Siemens, SimaPro, Sourceful, Sphera, Staples, Tesla, Topolytics, Toxnot, Trace One, UL, UN, Unilever, VitalMetrics, WEEE Forum, WeSort.AI, Wipro, World BankAbout the authors
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