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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.

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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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Ingredients database helps companies launch better food products

AI-powered software analyses millions of ingredients to find the best fit for a particular product

According to food tech company Journey Foods, the global food industry is broken, with supply chain inefficiencies, sustainability failings, and malnutrition adding up to a broken system. In response, the US startup proposes a clear solution: data.

Journey Foods provides a suite of tools to help teams developing new food products understand everything about the lifecycle of their products, from the environmental impact of ingredients, to supply inefficiencies and opportunities for cost savings. At the heart of the offering is a vast database that contains information on millions of products and ingredients – amounting to 17 billion individual datapoints in total. AI is used to sift through all this information and provide recommendations for ingredients based on factors such as nutrition, sustainability, cost, and packaging requirements.

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SegmentStream nabs $2.7M to enable marketing analytics without cookies

SegmentStream, a U.K.-based marketing analytics company is working to help enterprises thrive in a post-cookie era.

Third-party cookies have long enabled enterprises to track the online activity of their users to deliver personalized ads and then measure the success of those campaigns. The practice has been very effective, but internet giants have also been on a quest to end the software’s use over privacy concerns. Apple’s Safari and Mozilla’s Firefox already block cookies, while Google plans to discontinue them by 2023, which could upend the whole way of digital advertising.

“All existing marketing analytics and multitouch attribution tools – including Google Analytics, RockerBox, AttributionApp, Bizible, Datorama – analyze marketing performance using deterministic ways of stitching retrospective conversions with traffic sources, which doesn’t work in a new ‘post-cookie’ world due to intelligent tracking prevention, cross-browser/cross-device customer journeys, and other cookie-tracking limitations,” Constantine Yurevich, cofounder and CEO of SegmentStream, told Venturebeat.

As a result, he said, most website sessions (and therefore advertising clicks) do not receive any attributed value, which creates issues for marketers when evaluating the impact of their marketing channels and campaigns. Plus, the lack of information about the assigned value of each advertising click prevents smart bidding algorithms of popular ad platforms (such as Facebook Ads) from properly functioning.

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The Shift To A Circular Economy: How Tech Is Shaping The Future Of Sustainable Retail

Consumers are increasingly pushing for sustainable business practices in retail, driving businesses to reassess what they produce — and how. From ingredient upcycling to plastic alternatives to smart trash cans, we look at the technologies placing sustainability at the center of retail products and processes.

It’s no secret that industries in the retail sector are some of the most wasteful and polluting in the world. The fashion industry, for example, generates over 92M metric tons of waste every year. Meanwhile, global food waste totals around 1.6B metric tons.

Consumers are increasingly demanding change. Fifty-two percent of textile industry experts say consumers are driving the heightened focus on sustainability in fashion, which includes more transparent supply chains, alternative materials, and secondhand shopping. Similarly, 65% of consumers say they want food products that are sustainable, from alternative proteins to compostable packaging.

Regulatory agencies are also driving the shift to a circular economy focused on waste reduction. For example, the European Union is creating a strategy for sustainable textiles that aims to create products that are more durable, reusable, recyclable, and energy-efficient. It’s set to be adopted in early 2022. In the US, President Joe Biden signed an executive order in 2021 directing federal institutions to draft regulations that protect the consumer’s right to repair electronic devices and other tools. This could reduce electrical waste and lengthen product life cycles.

The shift to a circular economy will doubtlessly pose major challenges for retailers, but it’s also a massive opportunity — and new tech solutions are emerging all the time to make the transition easier. From resale platforms to regenerative farming to autonomous delivery vehicles, we examine how technology is shaping the future of sustainable retail.

White-label solutions in the rental space allow brands to easily set up their own renting operations. For instance, Paris-based Lizee allows brands to enter the circular economy by renting (or reselling) their inventory. The company, which has worked with the likes of Adidas and Decathlon, helps power all the logistics associated with resale or rental operations.

An innovative solution for single-use plastic packaging comes from Chile-based Algramo. Its circular platform allows users to purchase bottles for cleaning products, refill them in a store with a smart Algramo dispenser, and pay for the product using an app. In 2020, the company launched in the US by installing dispensers in vending machines around New York City.

On a global scale, manufacturers can resell deadstock fabrics on the online marketplace Queen of Raw. To date, the platform has supported 325,000 buyers and sellers around the world, boasting partnerships with brands such as H&M and LVMH.

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Robert Heinecke, the CEO of Breeze Technologies, selected as a European Climate Pact Ambassador by the European Commission

Robert Heinecke is an entrepreneur, futurist thinker and smart city expert.

He is the CEO of Breeze Technologies, a German industry leader in air quality sensors, data and analytics, which he founded in 2015.

Robert regularly speaks and publishes on the topic of smart and sustainable cities, air quality and climate action. Congratulations!

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Wandelbots raises another $84 million to teach robots without code

Dresden, Germany-based Wandelbots has raised a healthy sum in the years since it appeared on our Disrupt Berlin stage, way back in 2017. The following year, the no-code robotic software firm raised $6.8 million, followed by another $30 million in June 2020, as excitement around automation continued to build as COVID slowed manufacturing to a crawl.

Today the firm returns with a healthy $84 million Series C, putting its funding well north of $100 million to date. This latest round was led by Insight Partners and featured a slate of existing investors, including 83North, Microsoft, Next47, Paua, Atlantic Labs and EQT.

Wandelbots’ mission is a deceptively simple one, and something a number of firms are pushing to solve in the space. Can a robotic software layer lower the barrier of entry for deploying robotics in a factory setting? Specifically, how can a firm deploy a robotic army without the need for a lot of outside help, significant sums of money and/or robotic coding know-how? The company’s solution involves a “Trace Pen,” which an instructor uses to mimic a motion and train the robot in the process. The motion can then be fine-tuned on the software without coding.

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