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July 10, 2019

The Impact of Advanced Technology on the Jewelry Industry

In this modern era, all aspects of our lives have been made better and easier by the application of technology. The advent of these technologies has already made a significant impact on the way jewelry is produced. Be it cloud solutions to mining or creating user-friendly e-commerce platforms, the industry has seen it all in the last few years. Similarly, new concepts such as 3D printing, computer-aided design (CAD), and augmented reality have made this trade exciting like never before. Implementation of these technologies is now extremely necessary for stores to remain competitive and relevant in the rapidly changing market dynamics.

Wearable Tech: A large proportion of today’s consumers are interested in wearing a piece of jewelry that brings out the best of their outfit. However, many of today’s advanced accessories can deliver much more to users. Numerous jewelers around the world have now recognized this need, and are creating jewelry pieces that are not only beautiful but also serve a specific purpose. Some contemporary rings, smart bracelets, or necklaces for women can be connected to different handheld devices for purposes such as activity tracking, receiving phone calls, etc.

3D Printing: In combination with CAD or computer-aided design, 3D printing has emerged as the best thing to ever happen to the jewelry making industry. Easy corrections, quicker production times, and an incredible amount of detailing are some of the many benefits of 3D printing. Innovative techniques such as Lost-Wax Printing have allowed the manufacturers to create jewelry in brass, silver, bronze, gold, and copper.

With the application of 3D printed technology, even the customer can take part in the process of jewelry designing and creation. With the advent of materials such as alumina, polyamide, and ceramics, 3D technology provides jewelers the freedom to manufacture more customizable pieces and sell them for lower prices.

Lasers: Lasers are nothing new in the world of technology. However, some of the latest advances in this technology have brought about new solutions. Lasers are extensively used these days for cutting, welding, and decorating. Laser technology has been instrumental in constantly changing the jewelry designing trend. Most importantly, where other technologies have failed, lasers have been a breakthrough in terms of security and anti-theft. This technology makes it possible for us to microscopically carve different types of ID markers directly on all types of precious gems

Electroforming: This extremely important technological advancement allows today’s artisans to create metal designs that are strong but lightweight. In this process, a thick skin of gold or silver is created, which allows the production of lightweight pieces. There are many different types of electroforming. Silver and gold types are done within a stony electrolyte bath in numerous alloys. On the other hand, pure platinum and a heated bath are required for platinum electroforming.

Transformation of Shopping Experience: Gone are the days when visiting a jewelry store was the only way to buy a jewelry item. With changing times, most of us are now quite comfortable purchasing even big-ticket items online. Accordingly, most of the noted jewelry stores now have extremely functional online stores to support the busy schedules of their customers. Some of these online stores even allow shoppers to personally design their piece of jewelry with just a few clicks.

Use of Technology Tools: There are numerous tools that make it possible for shoppers to find out the items they want and even customize them. As an example, using a tool named Ring Builder, it is possible to create engagement rings as per the personal taste or preference of the buyers. Similarly, it is now possible to customize almost anything including a necklace, bracelet, pearl, or ring. Simply by the click of a button, changes can be made in color, cut, settings, carat, and more.               

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