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SAP doubles its commitment to innovation in Latin America

The company concludes the third phase of expansion of SAP Labs in São Leopoldo, Brazil, and announces SAP.iO Foundry, the first initiative in the region to strengthen support for start-ups.

Miami, USA.  June 20, 2022 – To celebrate its 50 years of global innovation and 28 years of commitment to the development of Latin American companies, SAP announced two relevant investments to promote innovation further in the region.

The first initiative has to do with the third expansion of SAP Labs Latin America, its innovation, research and development center that has been in operation for 16 years and is located in São Leopoldo, in the metropolitan region of Porto Alegre, Southern Brazil. With an investment of 35 million euros, the new unit built in this center will add about 850 people to its campus, reaching a total of 2,000 employees with 20 different nationalities. The expansion will also create 200 indirect jobs.

The São Leopoldo site is the first and only SAP Labs center in Latin America, and one of the company’s 14 in the world, designed to support the growing demand of companies for innovative cloud solutions.

The purpose of SAP Labs is to develop solutions with the highest standards to help organizations address major business challenges, including sustainability programs that enable them to measure the impact of their initiatives, management and control of energy consumption, waste management, producer responsibility policies, and high-capacity cloud management technologies.

“In addition to helping companies in the region on their digital transformation journey, another great contribution of SAP Labs is that it supports them in the design of their sustainability strategies, working with experts from around the world to create agile and powerful technologies that have sustainable drivers at the center of everything,” said Dennison John, president of SAP Labs Latin America.

Furthermore, the company announces the launch of the first SAP.iO Foundry in the region to accelerate start-ups across all lines of business and industries. The accelerator will also be based in São Leopoldo, with a virtual presence throughout the region.

SAP.iO Foundries is the company’s global network of external start-up accelerators with no capital demand. It provides technical and marketing support to help new companies become part of a curated ecosystem: its offerings become easily accessible to SAP customers.

“This launch is a turning point in our commitment to innovation in Latin America,” said Cristina Palmaka, president of SAP Latin America and the Caribbean. “All over the world, SAP.iO Foundries enhance the innovative impact of start-ups, offering expertise and insights, multiplying their chances of success. In a region like ours, with so many entrepreneurs, this new support will make a huge difference.”

The first call to take part in the SAP.iO Foundry will be launched in September 2022 and will focus on one of the most thriving industries in the region: sustainability in agriculture. Start-ups that wish to apply for SAP.iO Foundry can do so here until July 22.

Since its launch in 2017, SAP.iO Foundries have contributed to the acceleration of more than 400 startups around the world through its 10 funds in strategic cities such as San Francisco, New York, Berlin, Munich, Paris, Tel Aviv, Singapore, Tokyo, Bangalore, Shanghai, and now São Leopoldo.

About SAP

SAP’s strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com, our press room, http://news.sap.com/latinamerica, or follow us on Twitter @SAPNoticiasLAC.

5 companies leveraging startup innovation to improve their customer experience

Providing a top-notch customer experience is critical for competing in today’s market. By better understanding their customers, companies can provide personalized experiences that exceed expectations.  

To date, over 150+ startup solutions in SAP’s partner ecosystem have built integrations to help SAP customers expand the capabilities of solutions in their SAP landscape including SAP Customer Data Platform, SAP Commerce Cloud and more. 

Here are 5 impressive stories highlighting companies that are working with startups to provide world-class customer experiences. 

 


Deli Home & Expivi: Improving customer experience while delivering bespoke products at scale

Deli Home, an international supplier for DIY products, needed a solution to help their customers configure their timber orders online that could be easily integrated with their retail website and ERP system powering their business. Expivi’s 3D Product Configuration solution was the perfect solution to enable customers to order custom-made wood panels directly from their website. 

Expivi works with 3 SAP solutions and is available on the SAP Store. 


Target & SundaySky: Providing interactive video-powered experiences to its new RedCard members 

Target worked with SundaySky to provide interactive and customized video-powered experiences to its new RedCard members at many touchpoints along the customer journey to drive relevancy and deepen their customer engagement. 

SundaySky works with SAP Commerce Cloud and SAP Upscale Commerce and is available on the SAP Store. 


Signet Jewelers & Creatable: Bringing in-store associates into the online store   

Signet Jewelers is working with Creatable to empower their sales teams to sell online through personalized virtual storefronts to drive new revenue, traffic and extended consumer engagement – all integrated with their online stores powered by SAP Commerce Cloud. 

 Creatable works with Industry Cloud, SAP Commerce and is available on the SAP Store. 


Jenny Craig & Jebbit: Using data to provide a better experience for customers 

Jenny Craig is a nutrition and weight loss company that partnered up with Jebbit to create a solution to generate engagement with their customers and allow them to understand potential customers’ intents, motivations, and desires by delivering engaging experiences. 

Jebbit works with SAP Emarsys Customer Engagement and SAP Customer Data Platform and is available on the SAP Store. 


Bose & ParcelLab: Delivering an outstanding end-to-end journey that delights customers 

Bose needed a flexible solution to meet customer demands and deliver a consistent customer experience across multiple touchpoints. They teamed up with parcelLab to design a series of fully customizable post-sales emails that provide customers with access to the latest updates on their order. By embedding the order tracking information solution directly in Bose’s website, they were able to significantly improve their search engine optimization and contribute to repeat sales.  

parcelLab works with SAP Commerce Cloud and SAP Upscale Commerce and is available on the SAP Store. 


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SAP invests in latest startup fund raised by High-Tech Gründerfonds

Team rowing boat in bay

Committed to helping new growth businesses startup and scale, we are pleased to continue our productive cooperation with High-Tech Gründerfonds. SAP will be an investor in their 4th fund. With this new investment, SAP champions the strong development of vibrant start-up ecosystems to ultimately provide our customers with the best startup innovation to run at their best.

With their funds, investors and personal commitment, the High-Tech Gründerfonds (HTGF) contributes significantly to the consistent development of the start-up ecosystem in Germany and across Europe. Until recently, the public–private partnership initiative had successfully launched a total of three funds, financing more than 650 companies, of which more than 150 have been successfully sold or floated on the stock exchange. In addition to seed investments, over 4 billion euros of private funds have flowed into HTGF portfolio companies through follow-up financing. HTGF is now introducing a 4th fund, supporting growth businesses in the areas of Industrial Tech, Digital Tech, Chemicals and Life Sciences with an increased focus on sustainability.

For the past ten years, our cooperation has unlocked access to both our networks and expertise on startups for reciprocal knowledge transfer and sourcing activities. The result has proven value for SAP, HGTF and connected startups. High-Tech Gründerfonds has invested in startups from SAP.iO programs, while HTGF portfolio companies have joined SAP.iO Foundry programs with five of them also being available on the SAP Store.

Exemplary, Datarade was part of the SAP.iO Foundry program in Berlin in 2018 and received seed investment from HTGF later in 2020. The startup has since partnered with SAP to empower customers to easily discover, evaluate, and access external data from commercial data providers. 4tiitoo received investment by HTGF in 2014 and was then introduced to SAP.iO in 2018. The startup participated in our Industry 4.0 program in the same year; their AI-based solution for easy eye control of computers was piloted by both SAP and with several SAP customers and is being offered on the SAP Store. In 2020, they secured Series B funding.

SAP.iO is offering startups the fastest way to scale with SAP – while enabling customers to access innovation complementing SAP solutions.

“We are therefore looking forward to our continued fruitful cooperation with HTGF and seeing our community of founders and startups grow”, Alexa Gorman, SVP, SAP.iO, said. “Our renewed support for the High-Tech Gründerfonds emphasizes our joint belief in a promising future for entrepreneurialism.”

Read the investment announcement by High-Tech Gründerfonds here and find more on our proven cooperation in this interview with Alexa Gorman, Global Head of SAP.iO Foundries and Intrapreneurship.

Inspiring Innovators: Paula Paw Co-CEO of VersaFleet, On Being Tenacious

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 founders, CEOs, and presidents 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 Paula Paw

Just four days after submitting her last exam paper, Paula Paw was offered a job at VersaFleet. Paula joined VersaFleet as a pioneering team member and played a central role in its growth journey. Graduating from the National University of Singapore with a Bachelor of Arts and Social Sciences, she started her career at VersaFleet in Sales and Marketing. Over the course of 6 years, she was promoted to Senior Sales Executive, Regional Sales Manager, Head of Sales Strategy & Operations Planning, and now leads the company as Co-Chief Executive Officer.

VersaFleet is a transport management software that optimizes route plans and fully digitalizes supply chains, all the way to the last mile. At VersaFleet, Paula now focuses on accelerating VersaFleet’s growth and synchronizing essential company functions, from sales & marketing, product design, and engineering, to finance and people operations. The company’s mission is to provide technology for all transporters — in any industry, market, or country. They built VersaFleet in hopes that the technology would enable the unsung heroes of logistics to get home in time for dinner.

“The goal for the coming years is to establish a stronger market presence so that we can serve the brands that face difficult challenges. When we help them, it will have a trickle-down effect, and the drivers will ultimately benefit; we are hoping to create a better work-life balance.”

Read More…

The Take: With Tighter Purses, VCs Look Kindly on Startups with Customers

The days of easy money for startups are waning. In the first quarter of this year, investor funding commitments were down 19% from the prior quarter, the largest percentage decline in nearly eight years, according to analytics firm CB Insights.

Inflation and rising interest rates have made money more expensive. Investors are telling startups to reduce spending to ensure that they can survive if they cannot raise more money over the next two years. That has led many in the tech space to lay off employees or reduce non-essential spending.

SAP’s Take

With the focus now on producing real business value, programs that offer immediate access to customers are more desirable to startups that need to succeed. The SAP.iO program helps new, innovative business-to-business (B2B) companies scale and grow. With access to customers and the ability to scale, startups can be more confident in securing their next round of funding.

These B2B workhorse startups are less likely to ever capture the attention of the consumer. But their ambitions are similar: to become big and successfully build better products to help their customers thrive.

“Startups are seeing the value of working with SAP,” said Alexa Gorman, senior vice president of SAP.iO, “because of the access to our customer base that we’re able to give them globally and different markets across all industries.”

Most of the participating startups are headed by founders that have deep industry expertise and have decided to make a leap out of the corporate world and launch something based on their experiences.

“What I’ve seen are VCs [venture capitalists] that are not willing to take huge bets on an unproven new way to solve the challenge that businesses are facing today,” Gorman said. “A lot of companies are being founded with customers or with a target list of potential customers before they even launch.”

SAP.iO selects startups that already have seed funding, with the sweet spot having received Series A or Series B funds. They usually have their first corporate customers, a team in place, “and they’re ready to scale, and that’s where we can help them,” Gorman said.

“They fit where we see customer demand for solutions that we don’t necessarily have in our portfolio,” Gorman explained. “So, the companies that we work with are going to be future SAP partners.”

Read More…

Inspiring Innovators: Daniela Schiffer Co-founder & CEO of Changers.com on nerves of steel

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 founders, CEOs, presidents 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 Daniela Schiffer

Daniela Schiffer started studying art and worked as an artist until 2007 with the hope that art would be a tool she could use to influence change in society. After some time, she realized to achieve her goals she would need to find another way to influence behavior change. Working with an advertising agency doing a lot of communication primarily for high tech and renewable energy companies, she saw a different path forward. Daniela grew changers.com to address the issue of behavior change in terms of climate control, looking to incentivize and motivate sustainable and healthy behavior. Not a small undertaking by any means, this task takes perseverance and, at times, nerves of steel.

Today, Daniela Schiffer is Co-founder and CEO of Changers.com, a company that looks to change behavior through its CO2 Fit app. This app motivates employees to use a bicycle instead of a car, walk more often, use public transport, and participate in eco-friendly and healthy activities. Here employees learn more about waste reduction, healthy nutrition, energy-saving, and address green mobility. Changers is doing so by building an ecosystem for climate currency, meaning that by saving CO2, you earn climate coins to spend in their marketplace for products and services with partners. Changers was recognized as a EUPD TOP BRAND in workplace health promotion and by the Solarimpulse Foundation for efficient climate protection.

“I want to motivate people, not by showing them all the threats to the future, but by showing them how they can positively impact change by simple changes in behavior.”

Read more and watch highlights of Alexa and Daniela’s discussion here

Round 2: Even MORE SAP.iO Human Experience Management Startups to Keep Your Eyes on

This batch of startup solutions are helping SAP SuccessFactors HXM customers enable employees to be their best

SAP customers are changing the world of work for good with the next generation of human capital management solutions, putting people at the heart of their HR strategies. As SAP customers continue to utilize SAP SuccessFactors solutions to set up their employees for success, they can now additionally access over 25 solutions from SAP.iO startups that are integrated with SAP SuccessFactors and are available on the SAP Store for customers to discover, learn, and adopt.

Check out these Human Experience Management startups available on SAP Store that are leading the future of work and HR technology.

Read More…

Supply Chain Innovator Verusen Scores Three Awards

Verusen, the global supply chain intelligence innovator, today announced it has received three awards recognizing its leadership, accelerated growth, and positive impact on the supply chain industry.

Verusen was recognized as an Atlanta Business Chronicle’s Pacesetter, one of the city’s fastest-growing private companies. The company was ranked #16 overall and #2 in the Manufacturing / Supply Chain category. To qualify for the Atlanta Business Chronicle’s Pacesetter list, companies headquartered in greater Atlanta had to have over $1 million in 2021 revenue and over 50% 2-year growth in sales.

Verusen was honored for the third year in a row as a Technology Association of Georgia (TAG) Top 40 Innovative Technology Companies in Georgia for its contribution to innovation and economic growth within the state of Georgia’s technology sector.

Paul Noble, Verusen Founder and CEO, was named a Deeds, not Words Leadership Award nominee at the 2022 Supply Chain & Procurement Awards. This distinction goes to individuals who exemplify vision, inspiration, coordination, perseverance, and empathy.

“From our inception, our purpose has been to revolutionize the supply chain industry. It’s an honor to be recognized as we continue to scale and reinvent how business gets done,” said Paul Noble, Founder and CEO of Verusen. Every day, we continue to prove our value with our innovative AI platform, diverse and inclusive workplace culture, and approach to sustainability.”

Verusen leverages deep learning, artificial intelligence (AI), data harmonization, and decision support to help global brands control risk, attain supply chain resiliency, and improve economies for their operations. Verusen raised $25 million in Series B funding earlier this year after the company raised $8 million in its Series A round in the previous year.

Read More…

Inspiring Innovators: Dustin Feld Co-Founder & Managing Director of adiutaByte on turning science into solutions

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 founders, CEOs, presidents 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 Dustin Feld

When he was a child, Dustin Feld loved computers. He started programing before he learned another language, using his family’s old computer. “I can honestly say I wanted to grow up to be what I am today,” Dustin said, reflecting on what he thought he would be when he grew up.

Dustin studied mathematics and computer science at the University of Cologne, specializing in graph theory and layout, discrete mathematics, and numerics. Calling himself a “professional nerd,” Dustin focuses on efficient implementation and development of algorithms — especially mathematical optimization algorithms — in time-critical scenarios. He spent 10 years as a research assistant at Fraunhofer Institute for Algorithms and Scientific Computing, then a Ph.D. student, and finally as a Post-Doc & Senior Scientist. This path set Dustin up perfectly to take on the role of algorithm lead and managing director of adiutaByte.

At adiutaByte he is responsible for the algorithmic backends and the algorithm design architecture. adiutaByte develops optimization algorithms for tour and personnel planning, digitizing processes, and reducing planning time and costs. The platform combines the best of both worlds: specialized human knowledge with algorithmic strength in mathematical optimization. A notable adiutaByte customer is the City of Berlin, which uses the technology for waste disposal and recycling, relying on adiutaByte for their optimization and powerful AI.

“We saw this crisis in the healthcare industry and knew our solution was really unique, patented worldwide, and has something special that can help in high tech areas like CPU manufacturing and here in the healthcare sector. And that’s how we started, with four founders, in one office, and with no clients, but with this inspiring core technology.”

Read more and watch highlights of Dustin and Alexa’s discussion here.

 

SAP.iO Foundry Shanghai Kicks-Off Future of Work Program

May 9, 2022SAP SE (NYSE: SAP) launched a Future of Work program in its SAP.iO Shanghai location. Launched in partnership with SAP SuccessFactors, the cohort scouted startups that have synergistic effects with human resource management in Greater China. After several rounds of selection, a jury of SAP experts, partners, customers, and investment funds selected 8 startups to join the spring program.

The Future of Work cohort has two themes this spring: intelligent recruitment and talent management. Over the next 16 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.

The following startups are participating in the SAP.iO Foundry Shanghai Spring 2022 program:

  • ZMBeidiao: Zhima background check is a SaaS platform that makes it easier for employers to obtain job seeker information through big data.
  • Gaia Works: Gaia Works is a labor management cloud service platform, driven by machine learning algorithms, which can provide management labor force forecasting, scheduling, time attendance, working hours and sales performance, etc.
  • Cool College: Coolcollege is both an enterprise-level SaaS learning development platform and a learning management system. It provides enterprise users with an easy-to-use collaborative e-learning platforms and comprehensive corporate training services to promote the joint growth of business & talent.
  • Neufast: Neufast offers a SaaS cloud-based HCM with proprietary AI-powered multi-lingual video interview talent assessment system to help employers identify the right talent, increase recruitment efficiency and enhance diversity & inclusion for the Future of Work.
  • Joyowo: Joyowo is a digital HR service provider that provides a full spectrum of HR services, including Business Process Outsourcing, Recruitment Process Outsourcing, Gig worker management, to 85,000 enterprises in catering, retail, logistics industries, etc. In addition, Joyowo is building a HR SaaS+AI solution matrix to increase the efficiency of close-loop digital process.
  • AI RecruiTas: AI RecruiTas is an intelligent system for talent acquisition management. To be differentiated from the conventional digitalized recruitment ATS (applicant tracking system), AI RecruiTas has at its core the JYI (JinYu Intelliegence) Super Brain which applies end-to-end content & context semantics recognition as well as multimodal algorithms to Human Resources (HR) domain.
  • Mesoor AI: Mesoor AI provides leading integrated and intelligent talent decision-making solutions for medium and large enterprises. Through full-scenario data aggregation, ETL and data transformation, self-developed AI platform and BI data lake system, Mesoor AI has successfully helped HR in many companies including Geely, Taikang and BOE to achieve smart external recruitment decisions and matching between employee full profile and internal job opportunities.
  • Moka HR: Moka HR is a human resources SaaS provider, which can provide enterprises with end to end talent management solutions.

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 400+ external startups and internal ventures accelerate their growth while enabling thousands of SAP customers to access innovation. For more information, visit http://sap.io/.

Smau Berlin 2022 | Interview with Azadeh Ghahghaie, SAP

At Smau Berlin we have interviewed Azadeh Ghahghaie, Director of SAP, about company’s open innovation activities. “At my company, at SAP we define open innovation in a interlocking three-way situation for us, as a corporation for start ups that we work with and also for customers. We work with external innovation and Start up in a very early stage to bring them to our partner ecosystem work, with them on use cases and try to delivery external value extra value to our customers

Watch Here…

SAP.iO Foundry New York Kicks Off Omnichannel CX Engagement Program

May 5, 2022 SAP SE (NYSE: SAP) launched a Omnichannel Customer Experience (CX) Engagement focused program at SAP.iO Foundry New York. The six startups have been selected by a jury of SAP experts, partners, customers, and investment funds to join the program.

The startups in the program are helping enhance and personalize the customer journey and experience. Customer Experience (CX) is SAP’s largest addressable market with a strong demand for more CX partner solutions that SAP customers can leverage.

Over the next 16 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.

The following startups are participating in the SAP.iO Foundry New York Spring 2022 program:

  • Bigthinx is an Artificial Intelligence company focused on fashion retail, wellness and the metaverse, with products in mobile body scanning, digital twins, virtual try-ons, and supply chain augmentation.
  • Mad Street Den is a computer vision and artificial intelligence company building the A.I. architecture of the future.
  • Obsess is a metaverse shopping platform, that enables retailers to serve immersive 3D virtual stores on their websites, and on metaverse platforms.
  • SoPost helps brands run the most powerful product sampling campaigns online, with a focus on relevance, data and analytics.
  • Yellow.ai is a next-gen Total Experience Automation Platform enabling enterprises through its Dynamic AI agents to deliver human-like interactions that boost customer satisfaction and increase employee engagement at scale.
  • Zoovu is a product discovery platform for enterprise businesses that supercharges your digital ecommerce strategy across all channels.

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 400+ 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: Rashi Gupta Co-Founder and Chief Data Scientist Rezo.ai, On Wearing Multiple Hats

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 founders, CEOs, presidents 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 Rashi Gupta

Earning her PhD from the University of Helsinki for data science, Rashi Gupta’s experience equips her for her role as an entrepreneur. Co-Founder and Chief Data Scientist at Rezo.ai, she finds herself taking on multiple functions. Rashi focuses on data science, but she also plays a significant role in sales as the product is very analytical and she thrives on pitching the product. If that’s not all, she currently assists with deliveries, among other tasks. She embodies the idea that you have to wear multiple hats on your journey to entrepreneurial success as a founder. In doing so, she is well on her way to becoming a disruptor in the contact center industry.

Rezo’s AI-Powered Contact Center augments human agents by automating repetitive processes, allowing them to focus on high-value tasks and enhancing customer experience. Rashi founded Rezo.ai with her husband, Manish Gupta, who she says challenges her every day, “he has pushed me beyond what I thought I was capable of, he always encourages me to make the next right move. You need someone to push you, and that helped us get to the next level.” Rashi credits that support and their teamwork at Rezo as part of the reason for their success.

“I was working with a large contact center, and I saw how things happened on the floor. With limited information about the end customers, the callers use to drive conversations taking time while details are checked on multiple 3rd party systems. This led to delay and frustration at the customers end, there was a clear need for process automation. That’s when I realized it was time to elevate the customer experience to the next level.”

Read more and watch highlights of Rashi and Alexa’s discussion 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.”

Read More…

SAP.iO Foundry Tokyo To Accelerate Startups for Sustainable Enterprise

April 20, 2021 SAP SE (NYSE: SAP) today launched its B2B startup program at SAP.iO Foundry Tokyo with focus on Sustainable Enterprise. Six startups working in the areas of chasing Zero Emissions, Zero Waste, Zero Inequality, and building trust with transparency have been selected to join the program.

“With SAP customers generating 87% of total global commerce, we recognize both the opportunity and responsibility to deliver digital solutions that enable our customers to manage limited resources productively, contribute to an inclusive economy, and shape a sustainable future.” said Hirofumi Suzuki, SAP Japan President and Representative Director. “This program will encourage our customers to utilize a variety of new solutions or technologies with SAP systems brought by cutting-edged startups”

The equity-free program is designed to accelerate innovation and drive new business models for SAP’s customers. During the 13-week virtual program, the startups will have access to curated mentorship, exposure to SAP® technology and application programming interfaces (APIs), as well as collaboration opportunities with SAP customers.

The data and analytics cohort includes the following startups:

  • Astamuse provides data and algorithms for solving social problems and creating the future.
  • Babel provide “ailead” – cloud-based online meeting management and analysis service that maximizes the results of the entire sales team by supporting the development of salespersons.
  • Eitoss provides cloud services specialized in kaizen proposals system for manufacturing and other on-site industries.
  • Latona develops and provides Edge / AI / IoT Platform, Products, Solutions and Technologies.
  • Pirika contributes to resolve environmental issues based “Takanome” (assess litter distribution), “Pirika” (anti-litter SNS application), and “Albatross” (survey system of microplastics).
  • sustainacract provides highly transparent forest evaluation solution to generate sound fund flow to nature capital.

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 370+ external startups and internal ventures accelerate their growth while enabling thousands of SAP customers to access innovation. For more information, visit http://sap.io/.