TOP 100 SWISS STARTUPS 2020

The TOP 100 Swiss Startup Award ranking has become a benchmark in Switzerland’s startup ecosystem. The innovative solutions of Switzerland’s TOP security startups 2020 ensure that digital data, networks, and digital assets are protected, secured, and trustworthy.

PXL Vision was named to the list for the second year in a row. PXL Vision is a graduate of SAP.iO Foundry Berlin’s 2019 FinTech Global Risk & Compliance cohort.

PXL Vision’s software enables the digital identification of people thanks to the use of artificial intelligence. All it needs is a smartphone and a passport. In the Swiss home market, SwissID, banks, and large telecommunications providers are already customers. The multi-award-winning ETH spin-off gained seed funding of CHF 4.6 million this year.

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Supply Chain Revolution Podcast

Imagine a world where supply chains are flipped upside down, a world where we send files, not parts? A world that empowers the end consumer to produce what is needed on-demand through cloud based technology, including recycling on site in a circular transition?

I recently chatted with CEO of Ivaldi Group, Espen Sivertsen, to talk about the future of digital supply chains using digital distribution, on-demand additive manufacturing, industrial sustainability, and the power of diversity in technology. Espen is currently part of the SAP.iO Foundry bootcamp and shares observations he’s gathered from Silicon Valley and beyond, that diversity fuels innovation (read that again). The segments Ivaldi serves in digital distribution include maritime, industrial, mining, energy (gas turbines and power plants), and automotive.

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COI Energy selected as a winner of the 2020 New York State 76West Clean Energy Competition

COI Energy was selected as a winner of the New York State 76West Competition for their work to improve building energy performance and grid optimization with software-as-a-service solutions.

76West is an unparalleled competition focused on growing entrepreneurs and attracting resources from the U.S. and around the world to build clean energy businesses and jobs in New York State’s Southern Tier region. Administered by NYSERDA, the 76West Competition was launched in 2016 as a $20 million four-year initiative to grow the clean energy ecosystem in the Southern Tier with funds from the Regional Greenhouse Gas Initiative and the Clean Energy Fund. Due to its significant positive impact for the region, the competition is being funded this year by Empire State Development through the Southern Tier Soaring Upstate Revitalization Initiative. The Competition supports technological and other innovation initiatives to meet New York State’s climate and decarbonization goals.

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Henkel hosts ideation hackathon for female entrepreneurs

Henkel’s open innovation and collaboration platform, Henkel dx Ventures, will host its second Xathon, a female ideation hackathon. This year’s main partner is “Global Digital Women”. The hackathon aims to empower female tech talents to develop and shape their entrepreneurial mindset and ideas. It will take place on November 20-22, 2020. The application period is now open and closes on October 30. Interested participants can apply at www.henkel.com/digital-business/xathon-2020.

With the Xathon, Henkel wants to advocate female entrepreneurship, promote innovative ideas and drive gender diversity in the start-up and tech scene. In total, 60 female talents will get the chance to participate in this year’s event. Further partners of the Xathon 2020 are accelerateHer, SAP’s early stage venture arm SAP.iO and MVP Factory.

Due to the COVID-19 pandemic, this year’s Xathon is going to take place as a virtual event.

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SAP Startup Spotlight: Dotaki

SAP invests in a lot of promising startups, and it’s sometimes hard to keep track of all of them. E-3 Magazine has selected the most interesting companies to showcase in our SAP Startup Spotlight Series. In this article, Kevin Becker, co-founder and CMO, will introduce Dotaki.

Kevin Becker is co-founder and CMO of Dotaki. After a degree from a top-tier business school, Kevin has worked in market finance before turning to marketing consulting. He is passionate about new technologies and the way they can enhance business performance.

That’s why he founded Dotaki with Benoit Allibe, a researcher in psychology and machine learning. Together, they are dedicated to providing the e-commerce industry with a disruptive way of serving their online customers.

What is the value customers get from Dotaki?

Our customers are large (>20M€ online turnover) B2C online merchants. Thanks to Dotaki, they can bring empathy to their online experience. Dotaki’s artificial intelligence (AI) is able to recognize two types of people among the visitors of a website: Rationals and Emotionals. Dotaki then adapts the website’s interface to these personality types. For instance, Emotionals get a lot of reassuring messages, whereas Rationals get more direct calls to action (as they value efficiency over reassurance).

This generates an increment of 5 to 10 percent additional online revenue. Dotaki’s customers typically get a x100 ROI between the additional incremental revenue and Dotaki’s cost.

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Joanna Riley of Censia Named as Top 10 Most Influential Women in Technology by Analytics Insights

Analytics Insight has announced ‘The 10 Most Influential Women in Technology 2020’ in its October magazine issue. The issue is the fifth volume focusing on cutting-edge solutions.

The magazine issue recognizes ten trailblazing women who have revamped the technology landscape and brought a formidable change into the society using disruptive offerings and solutions.

Joanna Riley is the CEO and Co-Founder of Censia. Prior to founding Censia, Joanna was the Co-founder and CEO of 1-Page, a SaaS solutions provider in the Talent Acquisition sector. In 2014 she led 1-Page to a successful IPO and onto the S&P/ASX 300 by 2016.

Censia is an SAP Endorsed App and available on SAP App Center

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SAP Kicks Off SAP.iO Foundry Paris for Procurement Startups

 SAP SE (NYSE: SAP) announced that SAP.iO Foundry Paris kicked off its new accelerator program focused on procurement. Over the next 10 weeks, SAP will accelerate eight startups selected for their innovative approaches to supply management, user experience and process automation.

The startups will have access to technical integration guidance, curated mentorship, and exposure to SAP technology, and they will join Ariba Network, the world’s largest B2B sales network of 4.6 million business partners in 190 countries. This will help SAP to provide customers with solutions that complement its SAP S/4HANA and SAP Ariba offerings.

“Procurement is an essential part of companies’ operations that can prove to be a real economic lever,” SAP.iO Foundry Paris Director Sébastien Gibier said. “We have been able to observe various areas of improvement in the sourcing process that can guarantee companies greater efficiency, transparency and security. The eight selected startups will create innovative solutions that complement those of SAP and bring more value to our customers.”

The SAP.iO Foundry Paris cohort members are the following:

  • Archlet.io is an intuitive sourcing consulting platform that allows buyers to better anticipate negotiations by relying on more-advanced market data linked to the company’s purchasing data.
  • Chai is an English web application that uses state-of-the-art AI with relevant data to make price predictions on a cross-section of commodities, giving customers access to important data in the form of price forecasts.
  • Deployed is an English platform used to efficiently digitalize specifications. It uses a combination of questions and answers to write a complete and accurate specification.
  • Flowlity is a French SaaS planning solution that optimizes inventory management between companies and suppliers. Flowlity reduces the risk of overstocking and shortages by issuing alerts when certain anomalies are detected. This allows companies to act as quickly and avoid costly interruptions.
  • Per Angusta is a French collaborative SaaS solution for performance management. It enables companies to optimize their expenses, reduce risk taking, prioritize projects and measure objectives.
  • Scalue is a German web application that enables companies to identify various areas of potential savings and optimize their purchasing processes.
  • Trustpair is a French SaaS solution designed for financial departments to secure different transactions and banking information with different providers.
  • Winddle is a SaaS platform with a collaborative approach to optimizing and promoting supply-chain monitoring.

This is the fifth program at SAP.iO Foundry Paris and marks its second anniversary.

“Presize.ai” secures the mega-deal

With their start-up “Presize.ai” Tomislav Tomov (28) and Leon Szeli (26) want to change online clothing shipping. Because clothes that are ordered online cannot be tried on beforehand, there are tons of returns. Using artificial intelligence, the founders from Munich want to enable customers to order in a size-appropriate manner. The aim is to reduce returns. The team was able to convince investor Carsten Maschmeyer in the show . He negotiated a deal worth 650,000 euros for 15 percent of the company’s shares: It was the second-highest single deal that the show has ever existed.

With “Presize.ai”, the Munich founders have developed an app that helps users find the right dress size. The smartphone camera measures the entire body with just one turn of the body and creates a 3D model. The user then receives an individual code. This means that the user in the retailer’s online shops is suggested the items of clothing that really fit him.

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Die Höhle der Löwen 2020: Goodbye returns – with “Presize” you should be able to try on clothes virtually in online shops

Today at “Die Höhle der Löwen” on Vox: “Presize”, a body-scanning software with which you can try on fashion virtually and avoid returns.

An unbelievable statistic: customers send back every second item of clothing that is bought online. One of the main reasons: You can’t try on the pieces online. What doesn’t fit becomes a return. This is not only a rather annoying additional expense for online shoppers, but also a high financial loss for online retailers. Not to mention the damage that the many packaging materials and the pointless shipping and return shipping mean for the climate. 

Tomislav Tomov (28) and Leon Szeli (27) want to solve this problem: The two inventors have developed a smartphone body-scanning software that measures the human body with the mobile phone camera within a minute. The software uses it to calculate a 3D model of the body, the measurements are precisely determined and converted into a size recommendation.

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SAP.iO Foundry Singapore Launches FinTech and COVID-19 Recovery Acceleration Program

 SAP SE (NYSE: SAP) today kicked off the SAP.iO Foundry Singapore Fall 2020 acceleration program focused on COVID-19 recovery, FinTech and spend management. The selected business-to-business startups will help SAP’s customers extend the value of their investments in SAP Concur solutions for travel and expense management.

“By helping these enterprising startups in the SAP.iO program scale, we enable our customers to benefit from the value of some of these unique solutions and emerging technologies when they become available in SAP Concur App Center,” said Andy Watson, SAP Concur senior vice president and general manager, Asia Pacific Japan and Greater China.

The selected startups will have access to curated mentorship from SAP executives, exposure to SAP technology and application programming interfaces (APIs) and opportunities to collaborate with SAP customers. The program will culminate at the SAP.iO Cohort Demo Day in December 2020.

“COVID-19 is pushing many businesses to go digital in search of growth,” Singapore Economic Development Board Vice President Ang Chin Tah said. “The Singapore Economic Development Board is glad to support the SAP.iO Foundry Singapore Fall 2020 acceleration program, which will bring startups from all around the world to Singapore to develop products that meet the needs of the new operating environment. Singapore’s established base of industry leaders in finance and digital, as well as connectedness to regional markets, make us a great testing ground for their ideas. It is a wonderful new addition to our thriving ecosystem.”

In line with the SAP.iO No Boundaries initiative, the cohort includes several startups founded or led by female entrepreneurs, a testament to SAP’s belief that a healthy ecosystem includes entrepreneurs from diverse backgrounds.

The following startups are part of the SAP.iO Foundry Singapore Fall 2020 program:

  • CardUp offers a credit card enablement platform, enabling the payment or collection of big expenses using credit cards, where cards are not accepted today.
  • LuggAgent creates a standardized international luggage delivery and tracking platform by widely applying radio frequency identification (RFID) while working with logistics services providers in varying countries.
  • MatchMove makes it easy for users to move digital cash securely, allowing easy spending, sending and lending.
  • Railsbank’s open banking platform and APIs empower financial innovators to create financial services products and experiences for their customers.
  • Staple offers cognitive technology that can read, interpret and extract data from business documents faster, more affordably and more precisely than humans, at scale and in any language.
  • Timeshifter is the world’s first platform for circadian (body rhythm) shifting and helps businesses empower their traveling employees to create their own jet lag plans.

The 2020 Fosway 9-Grid™ for Cloud HR is now live! Featuring Andjaro

Andjaro now listed in the Fosway 9 matrix, the only market analysis model that is used to understand the relative position of solutions and providers in the learning and talent systems market. 9-Grid™ has been in evolution since 2008 and is driven by demand for analysis and insight designed for European-based companies. Too often, organisations have had to rely on a US-centric view.

We created 9-Grid™ based on Fosway’s unrivalled, independent research in the Next Generation HR, Talent and Learning markets over 20 years, and with the insights and experience of our Corporate Research Network. This comprises over 150 leading global companies; typically enterprise-scale organisations with a large European presence.

A key difference of the 9-Grid™ to other analyst models, is that all of the nine zones have value and a set of actions to maximise that value. 9-Grid™ explicitly prompts real conversations around the trade-off between customer performance, solution sophistication and total cost of ownership.

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Pandemic Accelerates Consumer Demand for Personalized Free Sample Boxes

Consumers are eager to discover new brands and have never been more open to trying free samples from the safety of their own homes. These were among the recent findings from a consumer shopping behavior survey conducted by startup Sampler.

Ninety-eight percent of respondents reported being more open to new brands, while just two percent said they were sticking to familiar products. What’s more, 98 percent of people were more likely to try new products if they had samples delivered to their homes compared to picking them up in store. Marie Chevrier, Sampler’s founder and chief executive officer (CEO), said these findings reflected why product sampling is full speed ahead on a digital makeover.

“Being able to digitally target consumers who have an interest in your specific products is light years ahead of traditional in-store sampling approaches,” Chevrier said. “Brand managers at consumer packaged goods companies and retailers are amazed at how targeted and measurable they can be, reaching more people who really want their products and staying close to them. Every consumer brand needs this higher level of targeting, and the COVID-19 pandemic just accelerated that demand.”

Relationships Built on Personalized Samples

Headquartered in Canada, Sampler has helped more than 500 of the world’s leading and emerging consumer packaged goods brands send samples to consumers who are interested in their products and build lasting relationships that stoke demand for more.

Sampler customers hail from 24 countries, primarily in North America and Western Europe. The brands cut across beauty, food, beverage, household, baby, personal care supplements, and vitamins, and have one common characteristic: they want to target, track, and measure product sampling programs with greater effectiveness. Like online advertising, brands decide which consumers they want to target. Except, in this case, they are shipping actual sample products to Sampler’s warehouses located worldwide.

Consumers looking for free samples can opt in to receive personalized boxes of product samples by completing a profile. Sampler has a total of approximately 60 million insights from a database of 2 million consumers. The company targets consumers against a filter of 700 segments, such as eating habits, fashion tastes, ingredient preferences, and historical activity with Sampler itself. The relationship building comes in when Sampler asks consumers how they feel about the products they received and if they were likely to purchase them. Follow-up also encourages consumers to leave reviews or ratings with feedback and take advantage of additional offers to make a purchase.

Digital Heralds New Age of Product Sampling

According to Chevrier, half of Sampler consumers who try a product sign up to receive a brand’s newsletter, and one-third rate and review sampled products. Depending on the product category, she said that companies can expect to convert between one to 10 percent of products sampled to a purchase within 90 days.

Many companies incorporate Sampler into social media advertising promotions on their own websites or others, serving up free sample offers targeted toward consumers who have opted in for certain product categories. Sampler also works with various partners, such as online magazines and retailers, with offers for their audiences.

“Companies can easily embed their free offer in an online influencer’s video review, allowing viewers to click on a link and claim their samples,” Chevrier explained. “When consumers leave reviews and ratings, the company can bring that feedback directly into their own platforms and marketing campaigns.”

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Shippeo Acquires oPhone and Grows Market Share in Europe

Shippeo, the European leader in Real-Time Transportation Visibility solutions, has acquired oPhone, a Real-Time Transportation Visibility specialist headquartered in Lyon, France. As part of the acquisition, oPhone’s team will join Shippeo, with the Lyon-based office becoming Shippeo’s eighth in Europe.

The acquisition will see Shippeo welcome some major customers in retail into its community, including Casino, Monoprix, E.Leclerc, Système-U (U Log) as well as manufacturing customers including Panzani and transport companies including STEF. Shippeo now tracks more than 10 million shipments per year and connects 700 telematics and TMS in 70 countries.

“We are thrilled to announce this acquisition and welcome the oPhone team and customers within the Shippeo community,” said Pierre Khoury, Shippeo’s CEO. “Bruno Marchal and his team have done incredible work in the last few years to significantly grow their business. We are excited to have them joining forces to continue our mission to help facilitate the most seamlessly operated and automated supply chains in the world.”

“We’ve worked very hard over the past 5 years to provide an unprecedented transportation visibility experience for some of Europe’s top retailers,” said Bruno Marchal, CEO of oPhone. “Our team of transport experts is thrilled to combine with Shippeo, which will give us the opportunity to reach a broader audience more quickly and offer new solutions to Shippeo customers.”

The addition of oPhone’s team will see the number of Shippeo employees in research and development roles increase by 20%. Shippeo’s total workforce has more than doubled in the last 12 months, now totalling 135 employees.

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Helping Startups Turn Untapped Data into New Business Opportunities for SAP Customers

 SAP SE (NYSE: SAP) announced its first data and analytics-focused SAP.iO Foundry Berlin startup accelerator program.

Seven startups have been chosen to participate in the virtual fall cohort held in collaboration with the SAP HANA and Analytics team with focus on the unique opportunities of data and analytics in the business-to-business space.

“Businesses are faced today with massive amounts of data coming into their lines of business practically from everywhere, just like a running faucet,” said Gerrit Kazmaier, president, SAP HANA and Analytics. “Our mission is to turn this untapped resource into a superpower that provides business value for everyone. It’s truly important to think about how we can connect people to data so they can use it for the benefit of their customers. Data is vast. We need to tackle it with lots of imagination.”

SAP.iO Foundry Berlin is part of SAP’s strategic business unit designed to accelerate innovation and drive new business models for SAP. The SAP.iO Foundries program is a global network of equity-free accelerator programs located in strategic startup hubs. It provides startups with access to mentorship, exposure to SAP technologies, and opportunities to meet and collaborate with SAP customers.

The selected startups will work closely with mentors from SAP, to develop proofs-of-concept, access SAP technology and application programming interfaces (APIs), and identify opportunities to collaborate with SAP customers. At the program’s core are the interactions with SAP’s customers who provide invaluable insights and guidance to the startups throughout their time in-program and beyond. The program will run for three months and conclude with a demo day in early January.

The cohort consists of the following startups:

  • C2RO is a Canada-based artificial intelligence (AI) company offering privacy-aware AI video analytics for physical spaces. It leverages the existing surveillance cameras and uses GDPR-compliant and proprietary edge-cloud AI to accurately analyze the behavior, demographics and journey of people. The same way Google Analytics revolutionized the digital world, C2RO is revolutionizing the physical world.
  • datazeit reveals information hidden in web and social media and delivers end-to-end data intelligence to accelerate digital business transformation.
  • Teamcore identifies on-shelf availability and lost sales opportunities. It prioritizes tasks after processing stores sales, stock and in-store data on machine learning (ML) algorithms. The platform enables a structured sales methodology by creating a problem-solving workflow across the entire retail sales and operations team, empowering consumer product companies to better store execution.
  • nwo.ai is an intelligence amplification platform that harnesses ML techniques and human metadata to identify global cultural shifts early and throughout the lifecycle of trends across various sectors.
  • Stylumia solves the problems of fashion, lifestyle, sports and home validation, prediction, and design generation. Its data-driven approach combines consumer demand sensing with the client’s own data for context-relevant validation, prediction and generation.
  • Ubermetrics’ new enterprise intelligence solution provides highly actionable signals on business-critical events. Using state-of-the-art artificial intelligence (AI) technology, Ubermetrics distills public information from millions of sources down to meaningful events, such as strikes at suppliers, competitor product launches and over 50 other categories.
  • ZEPL delivers an enterprise software-as-a-service data science and governance solution that supports enterprises as they are looking to deliver AI-driven applications to help solve business challenges where massive sets of data are in play.