Sherry Li, Head of SAP.iO Foundry New York, joined Judy Khan Shaw on #NYSEFloorTalk to talk about what makes SAP.iO different from other start-up accelerators and shares examples of solutions its start-ups have developed.
BigID, the leading platform for data security, privacy, compliance, and governance, today announced it ranked number 333 on the Deloitte Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year.
This marked the third year that BigID has been ranked within Deloitte’s Technology Fast 500 Program.
“Landing on Deloitte Technology Fast 500 for the third year in a row speaks to the growing need to elevate data security, privacy, and compliance,” said Dimitri Sirota, CEO and Co-Founder of BigID. “This recognition of our growth reflects the fact that data is the digital oil of the information age and ensuring its integrity and safety will just get more important for organizations.”
Mention Me announced that its Customer Advocacy Intelligence Platform is now an SAP Endorsed App, available for online purchase on SAP® Store. SAP Endorsed Apps are a category of solutions from SAP’s partner ecosystem that help customers become best-run, intelligent enterprises. Endorsed apps are meant to deliver value with desired outcomes.
“We are thrilled to bring the power of customer advocacy marketing to the SAP ecosystem,” said Mention Me’s CEO and Co-founder Andy Cockburn. “This is the next natural step in our partnership with SAP and the wider CX ecosystem, and means that even more global ecommerce brands can now leverage the power of customer advocacy to turn their customer base into an unbeatable growth engine. Our AI powered platform can help brands deliver best in class user experiences wherever they are in their buying journey and help drive retention, loyalty, and increased acquisition at a much-reduced CAC for their businesses.”
AP Endorsed Apps are premium certified by SAP with added security, in-depth testing, and measurements against benchmarks results. Mention Me helps marketing and CX teams discover, nurture, and activate their biggest advocates by using unique advocacy data and insights which are then deployed across SAP Emarsys Customer Engagement helping to ensure that every customer touchpoint is optimised to drive further advocacy and growth for the business. This helps drive incremental growth for ecommerce businesses through further enhancing their personalisation capabilities to provide a true competitive advantage.
Yellow.ai, a global leader in Conversational AI, announced it has been named a Leader in the Opus Research 2023 Conversational AI Intelliview Report. The report highlights the strength of Yellow.ai’s product completeness and flexibility, as well as its strategic potential mentioning that it “exceeds criteria and offers demonstrable advantages” in terms of its features, integration, and company vision.
The report evaluates 16 providers based on their core technologies and their competencies to provide long-term support. It assesses their success rates in leveraging natural language processing (NLP), AI, and analytics to support use cases that improve customer experience, employee productivity, and prospects for increased revenue. Opus Research has recognized Yellow.ai for its highly effective combination of machine learning and Natural Language Understanding (NLU) models to improve customer support and employee engagement. It also highlights the company’s generative AI capabilities, coupled with a multi-Large Language Model (LLM) architecture trained on over 12 billion annual conversations, that enable Yellow.ai to provide “human-like personalized interactions in over 135 languages.”
“Businesses of all sizes are under increasing pressure to leverage advanced Large Language Models (LLMs) and Generative AI resources,” said Derek Top, Senior Analyst and Research Director with Opus Research. “In our evaluation, Yellow.ai emerged as a surprise leader with innovations in combining machine learning, natural language understanding, and emerging LLM technologies to deliver human-like experiences for superior customer support.”
According to the report, key benefits offered by Yellow.ai to enterprises include:
Remy Blaire is joined by Chris Turlica, CEO and co-founder of MaintainX to discuss how the company is helping to increase the operational efficiency of organizations by digitizing their work and reducing their reliance on paper. They also talk about the uniqueness of MaintainX and the crucial role data will play in influencing decision-making.
Check out this galactic exclusive from Spiffy with Max Kahn, the head of startup ecosystem development at SAP.iO. Let’s learn what’s happening at SAP.iO and how Max is making a positive impact in the world.
Spiffy: Thanks for joining me, Max! Tell me, what challenge are you addressing through SAP.iO?
Max Kahn: Thanks for having me, Spiffy! Some of the biggest challenges facing companies looking to adopt emerging technologies is integration, security, and access. We launched SAP.iO to make it as easy as possible for SAP’s customer base to adopt new solutions in record time. To do this, our global team helps enterprise software startups partner with SAP and integrate their solutions to enable their growth. In addition, SAP recognized that driving inclusive entrepreneurship in the enterprise software and VC industries could accelerate innovation, reduce bias, and drive better outcomes. That’s why we committed to ensuring 45% of our portfolio companies are founded or led by women and underrepresented entrepreneurs.
Spiffy: How cool! What motivates you to do it?
Max Kahn: Helping customers solve big challenges while enabling entrepreneurs to become wildly successful is extremely fulfilling. I love the ability to see the direct impact of my work and the ability to learn new things every day.
While AI isn’t an automatic slam dunk panacea for every business problem, one thing it’s incredibly gifted at is sifting through tons of information to help people quickly find the product of their dreams.
Anyone who’s searched for a product, be it an e-bike, laptop, or washing machine, is all too familiar with choice paralysis from information overload. Imagine instead, landing on a website and conversing with the smartest salesperson in the world available 24/7, who asks the right questions to give you the right product as fast as possible. Meet Zoovu, an AI-powered platform that helps B2C and B2B companies match customers with the exact product they’re looking for.
“Our cloud-based AI product discovery platform helps customers connect to their customers by surfacing the right product,” said Lamees Butt, senior vice president of global alliances and channels at Zoovu. “We remove choice paralysis by simulating the kind of in-store shopping experience that you would get with the most knowledgeable salesperson.”
Butt said that global brands, retailers, and manufacturers realize on average a 200% conversion uplift in customer purchases, and an increase in average cart value by 47%. One power tool company increased customer engagements by an estimated 65% in over 35 global markets.
BigID, an industry-leading platform for data security, privacy, compliance, and governance, announced they have been named the “Most Innovative in Data Security Platform” winner in Cyber Defense Magazine (CDM)’s Top InfoSec Innovators awards.
“We’re thrilled to be named as the ‘Most Innovative in Data Security Platforms’ in this year’s Cyber Defense Awards,” said Dimitri Sirota, CEO of BigID. “We knew the competition would be tough and with top judges who are leading infosec experts from around the globe, we couldn’t be more pleased to be recognized for our innovation in data security and for how we help other companies derive more value from their data.”
“BigID embodies three major features we judges look for with the potential to become winners: understanding tomorrow’s threats, today, providing a cost-effective solution, and innovating in unexpected ways that can help mitigate cyber risk and get one step ahead of the next breach,” said Gary S. Miliefsky, Publisher of Cyber Defense Magazine.
After unveiling its take on the future of fashion retail in New York earlier this year, tech giant SAP is now bringing the proposition to N4XT’s L.A. Fashion Week, along with some of the buzzworthiest tech around.
Its newly opened LAFW pop-up store picks up the thread from its S.Fashion Experience Lab opened in Manhattan’s Hudson Yards in February to introduce New Yorkers to its so-called fashion store of tomorrow. As one of 20 in more than a dozen markets, the lab was kitted out with interactive mirrors, smart shelves and other features that bring personalization into brick-and-mortar locations. It was a high-powered flex to showcase what data-driven retail can do.
The SAP Retail Experience pop-up at LAFW aims to strut its stuff for designers, brands and consumers at NYA Studios in Hollywood. Visitors can experience augmented reality mirrors for virtual try-ons, select product customization options and robotics, among other things, with featured designers that include Advisry, Tombogo, Kim Shui, BruceGlen and No Sesso. Several will make their fresh-off-the-runway wares available immediately for purchase.
Offering consumer-facing experiences is a notable move for SAP, a multinational, Germany-based maker of enterprise applications that typically operate behind the scenes to manage logistics, supply chains and customer experiences for retail, manufacturing, energy, pharmaceuticals and other verticals, including fashion.
The fashion industry’s interest in green and circular economies is a perfect match for SAP, said Andre Bechtold, the tech company’s senior vice president and head of solution and innovation experience. “Sustainability is part of our vision and mission,” he said, “and we want to support designers, the whole fashion industry, with our portfolio [of offerings].” The connection makes sense: Data-based tools can drive efficiencies and connect dots between online and real-world shopping. The resulting boost in personalization and customer experience could mitigate rates of return, waste and over-runs.
SAP’s approach amounts to a souped-up version of omnichannel retail, dressed with plenty of buzzworthy tech. “Whatever customers are able to experience in the physical store is [driven] by a combination of the data we know from the e-commerce process,” Bechtold explained. The heavily tech-laden LAFW pop-up offers a taste of that.
Another dimension comes from SAP’s incubator program, SAP.io, which is bringing two female-led, virtual platforms, Obsess and Bigthinx, to the shows.
Accredify, a Singapore-based startup and service provider for issuing verifiable documents and information, has emerged as the champion of the 2023 Supernova Challenge at Expand North Star Dubai, the world’s largest startup event. The startup received the $100,000 grand prize after an intense final round of pitching against 27 global finalists from 521 entries.
The Supernova Challenge in partnership with the Dubai Future District Fund, is the region’s biggest startup pitch competition, offering $200,000 in total cash prizes. The challenge is a key feature of Expand North Star Dubai, which hosted its biggest edition this year. It attracted over 1800+ startups from over 100 countries to explore the emerging opportunities in Dubai’s dynamic, diverse and tech-driven digital economy.
Simon Gordon, Chief Commercial Officer of the winning team, said, “Supernova 2023 has been an incredible experience. It’s surreal to win this challenge at Expand North Star. This region, particularly the UAE, has so many great opportunities, and we are excited about using this prize money to expand our presence here.”
One of the judges at Supernova, Sharif El-Badawi, CEO of Dubai Future District Fund, commented, “It is encouraging to see a shift towards sustainable solutions that are better for the planet and its people. We witnessed several startups delivering concise yet compelling pitches that could impact our lives. The pitches we witnessed here at the Supernova Challenge are brimming with promise, unique innovations, and inspiring ideas.”
An expertly curated list of categories covered the latest trends in tech, inviting startups to showcase innovations that can solve some of our most pressing challenges. These included AI Disruptor, Fintech & Ecommerce Disruptor, Blockchain & Web3 Disruptor, Mobility & Smart Cities Disruptor, Healthtech & Wellness Disruptor, Martech Disruptor, Insurtech Disruptor in partnership with MENA Insuretech, Female Founder Award in partnership with the Sharjah Businesswomen Council, Africa Fast Award presented by GITEX Africa, Asia Fast Award, India Fast Award, and the Top MENA Award. In collaboration with GITEX Impact and Future Urbanism, Expand North Star also awarded the most proficient Sustainability and ESG Disruptor.
L.A. Fashion Week will officially kick off this Wednesday, with an opening show by Imitation of Christ. The week-long event presented by N4XT Experiences will feature a mix of screenings, fireside chats, panel discussions and shows by designers such as Sergio Hudson (known for dressing everyone from Michelle Obama to Jennifer Lopez and Beyoncé), Demobaza (worn by Blackpink in their Pink Venom video), Theophilio, Luis de Javier and Kwame Adusei.
The program variety, with the majority of this year’s activations held at Nya Studios in Hollywood, will give attendees an opportunity to network and learn about new techniques and technologies to grow their brands.
“Advisry, TOMBOGO, Kim Shui, BruceGlen and No Sesso will all be a part of that experience which is powered by the technology which [software company] SAP has developed,” says Pardo. “We’ve also partnered with SAP.iO, which is their very cool incubation arm and with Obsess, we are creating a virtual retail experience curated by Black Fashion Fair with House of Aama, Khiry and Homage Year. We have our partnership with BigThinx, also part of SAP.iO, which is creating a virtual runway experience with VFILES as well.
LA Fashion Week (LAFW), a globally recognized platform for designers and brands, is thrilled to announce the lineup of official partners for this year’s event. Landing in the heart of Hollywood on October 18-22 at NYA Studios, LAFW is dedicated to showcasing the diverse and dynamic style of Los Angeles while fostering emerging talents with the theme: “Empowering Designers, Empowering Dreams”. This remarkable event, under the visionary leadership of N4XT Experiences, transcends the conventional fashion week concept, blending fashion, beauty, technology, and sustainability with inclusivity at its core.
The partnership is expanding as global companies increasingly look to unlock new revenue streams and reduce direct sales costs through more automated and intelligent e-commerce platforms. Until now, the complexity and number of products offered by most manufacturers and large-scale B2B organizations required highly skilled sales teams to educate customers and convert inquiries into sales. By harnessing the power of SAP and Zoovu technology, customers can easily transform large, complex product catalogs into highly accurate and continuously optimized digital sales environments.
Zoovu was invited to join the SAP.iO Acceleration Partner Program last year and the platform quickly jumped to the top 2% in the SAP® Store. Building on this strong market demand, Zoovu has been elevated to SAP partner for SAP’s industrial cloud portfolio.
Adverity, the integrated data platform for connecting, managing, and using your data at scale, today announced the rollout of incorporated generative AI tools within the platform as part of its latest product strategy.
Continuing its mission to help marketers and data professionals maximize the value of their data, the platform has announced a host of new upcoming and future AI-assisted features, including:
By harnessing the power of generative AI, Adverity ensures customers can most effectively manage and use their data at scale. A recent report from McKinsey highlights that GenAI has the potential to generate a value ranging from $2.6 trillion to $4.4 trillion across different sectors.
The benefits for Adverity users will include:
“The impact that generative AI will have on businesses over the next few years is huge. It has already started to revolutionize the way in which people interact with everyday tasks both professionally and personally. Increasing the value for our customers and ensuring that they have the quickest and easiest way to generate the insights they need, has always been a number one priority for Adverity, comments Martin Brunthaler, Co-founder and CTO of Adverity.
The Mom Project, a leading digital talent and community platform serving more than 1.3 million moms, dads and caregivers and 3,000+ companies today announced that it is now available on SAP®Store, the online marketplace for SAP and partner offerings as well as integrated through the SAP Fieldglass Vendor Management System (VMS) for managed services procurement and external workforce management programs. This new total talent offering through The Mom Project will connect companies with its unique talent community through The Mom Project technology platform, delivering a real competitive advantage to recruiting and hiring needs.
“Partnering with SAP SuccessFactors via the SAP® Store and SAP Fieldglass brings the total talent offering a significant step forward in creating opportunities for our talented pipeline of moms while helping companies address their evolving hiring strategies,” said Allison Robinson, founder and CEO, The Mom Project. “The future of work continues to change with an even stronger focus on the human-centric experience and we are here to help companies support the entire employee journey by creating a clear advantage to hire more moms and lead the future of work.”
Through this new partnership and integration with SAP SuccessFactors into the SAP®Store and SAP Fieldglass, The Mom Project will enable more companies, from Fortune 500 to small and midsize companies to connect with its platform’s diverse and inclusive talent pipeline of 1.3 million users. More importantly, these new distribution channels will accelerate The Mom Project’s commitment to creating economic opportunities for moms by expanding access to more customers and partners to meet their talent pipeline and diverse hiring strategies quickly.
