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Top Innovative Artificial Intelligence (AI) Powered Startups Based in Canada (2022)

Artificial intelligence is transforming the innovation landscape around the world. There are numerous instances of startups leveraging AI to address issues of all sizes. In this article, they look at MindBridge Analytics, an SAP.iO startup from the Foundry Berlin program.

MindBridge enables financial professionals to access improved working methods by discovering, surfacing, and assessing risk across large financial datasets. The application integrates audit and finance experience with data science and AI innovation to support professional judgment and meet financial openness needs. MindBridge’s patented platform helps users trust their figures and lessen ambiguity by offering crucial insights into the company’s financials.

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SAP.iO selects seven startups to join its Future of Work program in Berlin

September 26, 2022SAP SE (NYSE: SAP) is about to launch its next startup program focused on the future of work at SAP.iO Foundry Berlin. After months of scouting and evaluating more than 90 startups from 22 countries with 25 experts from within and outside of SAP, seven startups made it into the program.

“As organizations navigate the post-pandemic world, the future of work continues to be a top priority,” said Meg Bear, President & Chief Product Officer at SAP SuccessFactors. “To make sure we continue to help customers put people at the center of every aspect of work, we constantly expand our ecosystem with new and exciting startup partners.”

During the program, the startups will receive mentorship from SAP executives and leading industry experts from Capgemini as well as access to SAP® technology, application programming interfaces (APIs), and opportunities to collaborate with SAP customers.

“Business today are looking for innovative solutions that help shape their future of work strategies. This includes solving complex business challenges around cloud, digital and platforms,” said Martin Schmidt, Head of People & Technology Consulting at Capgemini in Germany. “Understanding the skills that are needed to drive this transformation is crucial for them to stay ahead of the curve. We’re excited to work with the selected startups to foster innovation and deliver sustainable value to our joint clients.”

The selected startups represent and deliver innovation in four different categories: Talent Management, Core HR & Payroll, Human Experience Management and Workforce Planning & Analytics. The following are joining the program:

  1. Cobrainer addresses the war for talent from within by automatically profiling employees’ skills and ambitions and providing personalized internal growth recommendations in seconds.
  2. Fifty bridges the intention-action gap in trainings and business transformations. Fifty’s eDoing platform enables rapid and measurable adoption of new behaviors. It combines nudge and artificial intelligence for use at scale.
  3. gradar is the job grading system for the modern workplace. It’s the complete solution to design and manage a job architecture helping businesses perform consistent job evaluation that establishes fair and transparent pay structures.
  4. Onwards HR is a risk mitigation platform that streamlines employee separations and provides advanced analytics to help organizations support their DEI and talent strategies.
  5. Rolebot is the world’s first AI-powered ‘job board in reverse’ for top-tier passive talent, surfacing the other 75% of the skilled workforce who never apply. Its customers provenly land diverse, fresh talent in half the time and exceed their DEI goals.
  6. shyftplan is an AI-based solution for shift scheduling and focused on manufacturing customers. One of the key capabilities in shyftplan is the automation of the scheduling process. The solution is scalable to thousands of employees, even for complex cases.
  7. Workmotion enables companies to grow and expand their teams without regard to national borders. It digitizes and simplifies time-consuming onboarding processes, helping companies create employment contracts instantly and onboard talent from all over the world quickly, easily and with compliance.

With this announcement, SAP.iO Foundry Berlin goes into the next phase and is calling innovative businesses who run on SAP SuccessFactors and want to be the frontrunners in adopting and bringing new value to their workforce, leaders and HR teams.

SAP customers who want to support this cohort can expect to dive right into curated innovation and design thinking workshops, close collaboration on use case definitions, proof of concepts, and ready-to-implement integrations on SAP solutions at the end of the program.

If you want to learn more about how you can get involved and benefit from this cohort, check out the SAP.iO Foundry Berlin website.

If you want to dive deeper, get in touch with the team.

About SAP.iO
SAP.iO delivers new partnerships and products for SAP by accelerating and scaling startup innovation as well as incubating employee ventures. SAP.iO brings together innovators from every region, industry, and line of business to transform how businesses run. Since 2017, SAP.iO has helped 450+ external startups and internal ventures accelerate their growth while enabling thousands of SAP customers to access innovation. For more information, visit http://sap.io/.

 

 

Inspiring Innovators: Chicko Sousa Founder of GreenPlat, On No Time for Waste

At SAP.iO, we work with innovative people and new technologies that positively impact our world every day, and we think it’s time to share their stories with you! In our series, “Inspiring Innovators,” we get to hear how leaders of cutting-edge startup technologies overcame, thrived, and pursued their goals. SAP.iO’s Alexa Gorman sat down to discuss the road to success and lessons learned with some of our most inspiring startup founders.

Meet Chicko Sousa

It has been said that Chico Sousa is a Mechanical Engineer by choice, but a specialist in the acceleration of clean production by nature aptly sums up his journey to entrepreneurship. Starting as a mechanical engineer working for Volvo, Chicko was assigned to projects that produced scrap materials needing to be recycled or reimagined. He left Volvo after successfully managing those projects to start a company that built recycling plants in Brazil, creating 13 new plants over 11 years before selling his company in 2013. He then came to Sao Paulo to help the municipality with public projects, generating environmental improvements in the fight against CO2 emissions and plastic use.

From there, Chicko created a YouTube series where he did interviews inside garbage trucks, much like Jerry Seinfeld’s “Comedians in Cars Getting Coffee”, to raise recycling awareness. The wild success of this web series helped increase the municipality’s recycling rates significantly but created new issues. They started to see problems with permits as they began selling the recycled materials. At this time, Chicko realized a need to control and manage information to produce the proper flow of materials for licensed recycling and founded the company GreenPlat in 2016.

Working with recycling technologies for over 20 years and with software for almost ten years, Chicko created GreenPlat, a clean production SaaS, which today has more than 690,000 companies registered on the platform. Since 2018, GreenPlat has been a part of the World Economic Forum in the Pioneering Technology category, as they were the first company to use blockchain technology for waste traceability. So far, 1 million tons of waste have been managed through their software; all disposed of correctly without polluting the environment. This means a cleaner and healthier environment for all and for businesses, increased visibility into recycling, compliance, and traceability.

“I think this is a worldwide situation where people are done talking and ready to act. We can see this movement, and it is encouraging. We are ready for action; there is no time for waste.”

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Chekkit’s Traceability and Consumer Intelligence SaaS now available on the SAP store

Chekkit Technologies today announced that its Traceability and Consumer Intelligence SaaS is now available on SAP ® Store, which recently merged with SAP App Center as the single digital marketplace for SAP and partner offerings.

By integrating with SAP Advanced Track & Trace for Pharmaceuticals, Chekkit’s Traceability and Consumer Intelligence SaaS helps Pharmaceutical Producers, Marketing Authorisation Holders (MAH), and Pharmaceutical Contract Manufacturers (CMO) comply with traceability & anti-counterfeit regulations in Nigeria and across Africa, giving them access to real-time market data, patient insights, and supply chain visibility (diversion tracking). This service allows for a real-time remote understanding of product supply chain journeys as well as data-driven decision-making using insights on product efficacy, side effects, and preferences in order to serve consumers better.

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Manufacturing companies plan their material purchases for production with this AI

Read why SAP Customers like Merck work with GenLots

Dear reader,

If you are looking for …

  1. Latest AI innovation for more sustainable supply chain management
  2. A way to rapidly decrease costs in upstream logistics
  3. An increased digitalization of your operations
  4. A better understanding of your supply chain triangle (costs, cash, and service)
  5. A product already integrated with your SAP system

…for your manufacturing company, then read on:

Why AI in upstream logistics and why now?

SAP customers generate 87% of total global commerce ($46 trillion) and 99 of the 100 largest companies in the world are SAP customers (SAP Corporate Factsheet, July 2022). SAP’s utmost priority is to connect these enterprises in a global sustainable business network.

As we partner with innovative startups like GenLots, we still put our customers first and we leverage the vast number of businesses worldwide that run on SAP to act smarter, more efficiently and more sustainably.

At the recent Viva Technology 2022 in Paris — Europe’s biggest tech event where business meets innovation, my team at SAP.iO (SAP’s startup program) was thrilled to host our partner startup GenLots and discuss on stage how they’ve helped SAP’s customer Merck, a large pharmaceutical company, adapt their upstream logistics (i.e. all operations related to the sourcing of goods destined to be assembled in production) to the challenges of today.

What is GenLots?

GenLots is an AI application helping leading manufacturing companies to achieve their sustainability and efficiency goals through the digitalization of supply and upstream logistics.

In practice, usage of GenLots looks like this:

Let’s say a manufacturing company uses Active Ingredient X in its production and knows the production requirements for this material for the 12 months to come, i.e. the dates on which it will be used and in which quantity. GenLots will automatically compute the Total Cost of sourcing of this material for the next 12 months, including the cost of the material itself (which can be influenced by quantity discounts), the cost of bringing a batch to the manufacturing site each time an order is placed (quality control or transport fees for example), and the cost of holding it until it is used in production (inventory cost).

According to these costs, GenLots’ AI will then optimize the timing and quantity of each order. It may group certain orders to reach a better price, reschedule some deliveries, etc. The savings associated to these changes can reach up to 10% of the Total Cost.

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Digital Thread of Life Sciences: Building Bridges with Software Solutions – Podcast

Tom’s special Guest this week is Chris Chambers, Solution Architect at Pangaea Solutions Inc, and Partner of Endeavor Consulting Group, LLC,. Chris discusses enterprise solution implementations for life science companies. Tune in!

During the discussion Tom finds out more about how digitization is impacting the Life Sciences industry. Pharmaceutical companies have been primarily paper-based and digitization can potentially speed up drug creation. By connecting all the various systems like digital threads, the entire process will be more conducive to streamlining clinical phases.

Listen Here…

Half a Million Shoppers Have Now Shopped At a Zippin-Powered Store

With 50 Stores Launched Worldwide, Zippin Hits Key Milestones in Adoption of Checkout-free Technology

Zippin, the leading provider of checkout-free technology, announced that it has reached a key milestone having served over half a million shoppers in one of its 50 Zippin-powered stores. Zippin calculates that it has saved consumers over 83,000 hours to-date, conservatively estimating that frictionless retail reduces the average shopping trip by 10 minutes.

As our desire for more and more frictionless experiences continues to grow, Zippin plans to scale rollout of its technology with key partners around the globe, improving the overall retail experience, and establishing its position as the top checkout-free platform provider.

“Retailers are under immense pressure to deliver fast, frictionless experiences for consumers, and this is especially true in high-traffic venues where time is limited,” said Krishna Motukuri, CEO and co-founder of Zippin. “We recognize that speed can’t come at the expense of accuracy. With each new store launch, Zippin’s AI improves its ability to provide the best experience for both retailers and shoppers, who are fast coming to expect this level of convenience. That’s why it’s so important that we continue to scale, quickly.”

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Vyasa Layar Now Available on SAP Store

 Vyasa Analytics LLC, an innovative provider of highly scalable deep learning AI analytics software for healthcare, life sciences, and business applications, announced today the availability of its Vyasa Layar offering on SAP® Store, the online marketplace for SAP and partner offerings. Through Vyasa Layar data fabric, users can connect to Sybase® and to SAP Business Technology Platform (SAP BTP) with SAP HANA® to create a unified data experience regardless of data format or storage location.

Vyasa’s offering accelerates the discovery of actionable intelligence by improving the accessibility and visualization of organizational data. Its deep learning data fabric, Vyasa Layar, unifies data across disparate silos, regardless of where data are stored or structured, and without requiring a data lake. When connected to SAP environments such as SAP HANA, Vyasa Layar is able to create a harmonized data experience for customers to extract critical insights from both structured and unstructured content within a single platform. Recently, Vyasa collaborated with SAP to provide a public sector client with a data fabric solution that unifies silos of unstructured content with structured customer data in SAP HANA to enable a paradigm shift in their analytics capabilities that will help improve financial forecasting and customer interactions.

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Optimising Cash, Costs, And Service In Supply Planning – With Genlots Simon Schenker

Supply chain planning can often seem like a lot of trade-offs. Genlots is a company using Reinforcement Learning to optimise the triangle of cash, (inventory working capital and so on), costs, (prices,  delivery, transportation, etc.), and service (customer service, or the service that you give to your production).

Tom Raftery, Global VP & Global IoT Evangelist @ SAP, invited Simon Schenker, Founder, and Co-CEO at Genlots to talk about their solution in supply planning, as well as their partnership with SAP.iO.

Listen to the Podcast Here

SAP.iO Foundry Berlin Kicks-Off Data & Analytics Spring Program with 5 Innovative Startups

March 18, 2022 SAP SE (NYSE: SAP) launched a data and analytics-focused virtual startup program at SAP.iO Foundry Berlin. The five selected international startups were chosen by a jury of SAP experts, partners, customers, and investment funds to join the program.

The SAP.iO Foundry Berlin Data & Analytics Spring Program dedicates itself to helping the growing need of SAP customers to get the best insights from their data. The selected startups have keen insight and expertise in data harmonization, business analytics, machine learning, and data-as-a-service – all skills that  can help achieve that goal.

“Analytics is essential but not sufficient to drive business outcomes. Yes, you can get more insights with Analytics, but the more crucial question is what you do with that information. Unless you embed these insights into your business processes and turn them into clear actions, they are just another report. For our customers, new innovative solutions are in high demand while tech talent is in short supply. These two challenges create big opportunities for startups that can take on more innovation risk as well as attract young development talent, much faster than large corporations can” said Ivo Bauermann, Senior Vice President Business Development.

Over the next 12 weeks, the 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 around the world.

“Making sense of data to achieve business outcomes is getting harder and harder due to the lack of data integration. Startups can help with integrating the novel use cases for their developed applications with the traditional business processes of the costumer” said Anil Goel, Head of Technology Office.

The following startups are participating in the SAP.iO Foundry data & analytics program:

  • DABBEL offers its customers an autonomous control system for commercial buildings which is based on predictive Artificial Intelligence (AI).
  • Everyangle provides productized computer vision applications to analyze CCTV video in real time to provide high value business outcomes to protect staff, reduce fraud, reduce operational cost, and increase revenues.
  • InOrbit is the leader in RobOps at scale. They help robotics companies and enterprises across industries get the most out of autonomous robots.
  • MindBridge screens every transaction to highlight and quantify the size of the issue or problem, identifying potentially uncontrolled risks in your processes and systems.
  • QVALON is a cloud solution for retail chains operational processes management, which uses mobile application and integrations to digitalize offline data from the stores and then transform it into actions for responsible employees.

 

About SAP.iO
SAP.iO delivers new partnerships and products for SAP by accelerating and scaling startup innovation as well as incubating employee ventures. SAP.iO brings together innovators from every region, industry, and line of business to transform how businesses run. Since 2017, SAP.iO has helped 300+ external startups and internal ventures accelerate their growth while enabling thousands of SAP customers to access innovation. For more information, visit http://sap.io/.

Two SAP.iO Startups Named to CB Insights’ Tech Market Map for Decarbonization Tech in Industrials

Two SAP.iO startups were identified as leaders in decarbonization tech by CB Insights. This report looks at decarbonization tech companies serving companies in the industrials space. Carbonara (Singularity Energy) was identified as a leader in offset verification tools and Emitwise was identified as a leader in emission tracking & management.

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Blockchain-agnostic identity service Spherity gets investment from Gründerfonds Ruhr

Spherity, a blockchain-agnostic identity cloud service, has announced that Gründerfonds Ruhr, a private venture capital fund has joined its latest investment round alongside existing investors, High Tech Gründerfonds, and SeedCapital Dortmund.

With Gründerfonds Ruhr as a partner, the Spherity team will get tangible business expertise and industry access from various prominent international cooperations.

The funds will be used to strengthen the development of Spherity’s decentralized identity management technology and enable secure and trusted business and supply chain operations.

Jan Gräfe, Managing Director of Gründerfonds Ruhr, said, “Spherity is a pioneer in the field of decentralized identity management software and well-positioned in a market that is just about to take off. Hence, we are delighted to join the greater team of Spherity and become part of this exciting journey.”

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100+ startups driving innovation in recommerce tech

Queen of Raw, Lizee, and EON were named leading startups in recommerce tech by CB Insights. Consumer demand for more sustainable and affordable products is driving the shift to a more circular economy and one of the main pillars of this is recommerce, or giving old items new life instead of discarding them.

From retail-as-a-service to authentication to managed marketplaces, companies in the retail industry are making the process of giving old items new life more seamless and efficient.

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Plug and Play invests in GenLots

GenLots uses machine learning SaaS to optimize supply planning, saving up to 30% on inventory values and 50% on inbound logistics costs. The startup has received investment from the global accelerator Plug and Play.

 

With the launch of its Safety Stock Optimizer in 2020, GenLots’s founder and Co-CEO Simon Schenker introduced the first platform fully dedicated to supply planning aiming to transform existing Enterprise Resource Planning (ERP) systems that have barely changed in the past 30 years.

The Geneva-based startup combines a new costing model and proprietary reinforcement learning algorithm, which builds optimal supply strategies, breaking down the financial impact of planning decisions in real-time and drawing simulations on purchasing parameters and more. With their approach, GenLots achieves up to 50% reduction in inbound deliveries (which positively impacts the CO2 footprint), up to 30% reduction in inventory, and leverages discounts negotiated by procurement departments. These results become visible within three months as GenLots is served by rapid integration – as SAP Silver Partner. Furthermore, GenLots enhances the experience for supply planners and their colleagues in related departments and helps create a standard throughout the company.

Players in consumer goods, pharma, chemicals and industrial goods use the platform. Among them are large companies like Barry Callebaut, a global leader in chocolate production, Huber + Suhner, a major Swiss manufacturing company and pharma company Merck.

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