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In Foundries, Inclusiveness, HR & People Engagement, Inspiring Innovators

Inspiring Innovators: Alex Lamb Chief Executive Officer and Founder of BOLDLY-Get A Couch, On Being BOLD

At SAP.iO, we work with innovators 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 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 Alex Lamb

People described as bold tend to listen to their gut, prioritize, take action, and demonstrate courage. Boldness inspires and energizes, both of which are important qualities in a leader and a coach. As the Chief Executive and Founder of BOLDLY, these are traits that Alex Lamb personifies. In addition to her leadership role at BOLDLY, Alex is also a fractional Chief People Officer, organizational psychologist and executive coach, and has a deep understanding of how to create an environment to develop people’s skills. We were excited to have the opportunity to speak to Alex about her path, starting with looking for career advice, to coaching, to becoming a Founder and Chief Executive.

Working in Shanghai and Hong Kong for Korn Ferry over seven years, Alex honed her skills in various positions, from client management to product development. To get direction for her next career move, Alex started searching for a framework for decision-making which led her to studying evidence-based coaching practices and becoming a coach herself.

Observing an appetite for customized solutions suited to Asia, Alex moved to Singapore and started a consulting service designed to nurture domestic leadership talent. The service grew rapidly, taking on 11 consultants, and she quickly realized they needed a coaching technology platform to build BOLDLY beyond the reach of consulting. Alex launched the BOLDLY platform in 2017 to democratize coaching.

BOLDLY is a global coaching marketplace of qualified executive coaches and career coaches who are trained to develop staff and impact business performance using evidence-based coaching practices. Coaching is an evidence-based career development method proven to nurture professional growth, enhance workplace performance and provide targeted support for vocational confidence, competence, and leadership development. Their mission is simple: to ensure everyone has equal opportunity in the future of work.

“I figure if I don’t show up and have a try at something, somebody else will. And so, why not me? I often do things that scare me or might be a bit awkward at first, but this is where I learn. So being bold and finding courage has meant that we’ve taken the business further than we expected.”

Read More…

In Foundries, Portfolio News

New Startup Solutions Available on SAP Store : April 2023

200+ SAP.iO startups deliver their apps, add-ins, and integration kits to SAP’s global customers through SAP Store. SAP Store is the online marketplace where customers around the world can discover, try, buy, and renew enterprise solutions from SAP and its trusted partners. We are excited to share with you the latest startup technologies to be added to the store! You can check out all of our portfolio technologies that integrate with SAP solutions on the SAP Store.

 

Woocar

By Woolabs S.A.

Safe and sustainable fleet management with 100% mobile telematics

We take care of fleet management starting with driving behavior. Reduce road accidents and carbon footprint while optimizing road maps, SAP LBN API-integrated providing enterprise composability. 80% reduction in road accidents and 15% in fuel costs, with carbon footprint reduction worldwide. This solution was incubated and/or funded by SAP.iO and works with SAP Logistics Business Network. Check out a product video here, and find them on the SAP Store here.

YZR

By YZR

YZR leverages AI to clean and enrich product data

YZR automatically standardizes, enriches and categorizes product data for digital commerce. The solution is integrated with SAP Commerce Cloud via ImpEx. This solution was incubated and/or funded by SAP.iO and works with SAP Commerce Cloud. Check out a product video here, and find them on the SAP Store here.

AI Driven Dynamic Pricing

By Nextorbit Platforms and Solutions Private Limited

AI-driven pricing drives sales while maintaining margin goals

Our dynamic pricing engine enables profitable growth by ensuring optimized pricing to influence shoppers’ buying decisions. The pricing decisions are put on autopilot to drive sales, margins, and loyalty and integrates seamless with SAP S/4HANA. This solution was incubated and/or funded by SAP.iO SAP S/4HANA. Check out a product video here, and find them on the SAP Store here.

Soil Pathogen Risk Alert System

By Solena Ag, Inc.

Get soil pathogen risk alerts and detect crop diseases early

Soil pathogen risk alert system API integrates with SAP Intelligent Agriculture to detect crop diseases early, enabling farmers to take timely action and maximize yield. Prometheus AI platform helps farmers optimize ag management and increase profitability. Choose a sustainable future. This solution was incubated and/or funded by SAP.iO and works with SAP Extension Suite and/or SAP Integration Suite. Check out a product video here and find them on the SAP Store here.

Supply-Chain Collaboration Solution

By Shanghai Yunli Information Technology Co.,Ltd

Streamline your supply chain with a collaborative solution

This solution integrates with SAP S/4HANA and SAP S/4HANA Cloud to help automate and streamline the process of invoicing and settling payments between buyers and suppliers. It’s a platform for buyers and suppliers to manage their invoicing and payment processes in a centralized, automated manner. This solution was incubated and/or funded by SAP.iO and works with SAP S/4HANA and SAP ERP.  Check out a product video here, and find them on the SAP Store here.

KINEXON OS – Order Tracking and Process Management

By KINEXON Industries GmbH

Automate operations in manufacturing with location intelligence

Accelerate the processing of production orders by providing real-time visibility and increasing the level of automation and quality. The solution is fully integrated in SAP Digital Manufacturing to enhance the digital twin of all movable assets. Check them out on the SAP Store here.

SORGA Transparency on e-commerce

By AGENCE MAP

Bring inviolable proof of your commitments & regain the trust you deserve

Our innovation allows brands to provide transparency and traceability to their customers and retailers. The only carbon-neutral and digital sovereignty blockchain solution. Easy to use, it makes responsible consumption accessible to all. This solution was incubated and/or funded by SAP.iO and works with SAP Commerce Cloud. Check out a product video here, and find them on the SAP Store here.

SoPost Product Sampling Platform

By SoPost Limited

Product sampling integrated anywhere online

We make it easy to run highly effective product sampling campaigns anywhere online. Integrate into any channel, collect valuable first and zero-party data, personalize every experience to achieve any campaign objective, and sync data with SAP Customer Data Platform (CDP). Check a product video here, and find them out on the SAP Store here.

SPARETECH

By SPARETECH GmbH

Unlock the full potential of your spare parts data

The leading data platform for industrial spare parts, our software solution automates spare parts management processes for manufacturing companies to ensure maximum transparency and data accuracy along the supply chain in an effective, reliable, and collaborative manner with SAP S/4HANA. Check a product video here, and find them out on the SAP Store here.

Andonix

By Tripi Connected Tech, Inc.

A.I. connected factory workers to hold machines and processes accountable

Boost quality, processes, and factory productivity in just days by connecting your workers to their machines and supervisors through an artificial intelligence-enabled alarm, escalation, and collaboration platform (digital andon cord) to quickly identify, track, and resolve operating problems. This solution was incubated and/or funded by SAP.iO and works with SAP ERP. Check out a product video here, and find them on the SAP Store here.

In Supply Chain Management, Success Stories, Foundries

5 companies leveraging startup innovation to improve their supply chains

In today’s fast-paced business environment, businesses are turning to startups for innovative solutions to enhance their supply chain operations. By leveraging startups’ agility and creativity, companies can overcome supply chain challenges and gain a competitive edge. 

SAP.iO makes it easy for SAP customers to work with the most innovative and relevant enterprise software startups by helping startups integrate with SAP solutions. Our portfolio has 100+ enterprise-ready startup solutions that are helping customers solve their most important supply chain management challenges.   

In this roundup, we will explore five companies successfully harnessing startup innovation to improve their supply chains. 

 

Shippeo & Fressnapf Group: Improving promotion planning to better serve customers with multimodal visibility 

Fressnapf Group worked with Shippeo’s real-time transportation visibility platform to boost its supply chain visibility, reduce transportation costs, and improve customer service. The collaboration resulted in a more efficient and streamlined supply chain management process for Fressnapf Group. 

Shippeo works with SAP Industry Cloud & SAP Logistics Business Network and is available on the SAP Store. 

 

Inspectorio & Yunus: How Textile Manufacturer Yunus Solved Supply Chain Challenges with Inspectorio  

Textile manufacturer Yunus successfully addressed supply chain challenges by leveraging Inspectorio. Yunus utilized Inspectorio’s inspection and quality management platform to streamline their supply chain operations, enhance communication and collaboration among stakeholders, and improve overall product quality, increasing efficiency and customer satisfaction. 

Inspectorio works with SAP S/4HANA and is available on the SAP Store.  

 

NET2GRID & E.ON: Increased customer engagement through disaggregation 

E.ON, a leading energy company, utilized NET2GRID’s smart control app to provide personalized energy management services to its customers. The app’s data-driven insights and recommendations helped E.ON’s customers better understand and control their energy usage, increasing customer satisfaction and energy efficiency. 

NET2GRID works with SAP Industry Cloud, SAP Extension Suite & SAP Integration Suite and is available on the SAP Store. 

 

Shyftplan & Siemens: Higher employee satisfaction and productivity thanks to automated shift planning  

Siemens Energy worked with Shyftplan’s workforce management software to optimize employee scheduling, shift planning, and time tracking. The partnership lowered administration time and costs and improved workforce planning and employee satisfaction.  

Shyftplan works with SAP SuccessFactors Workforce Analytics & SAP Industry Cloud and is available on the SAP Store.  

 

Geek+ & Decathlon: Europe E-commerce giant sees massive logistics upgrade  

Decathlon’s European e-commerce operations worked with Geek+ automated robots and AI-powered solutions to streamline their warehouse operations, optimize inventory management, and achieve a 300% increase in productivity. This collaboration improved order processing times, reduced operating costs, and enhanced customer satisfaction for Decathlon’s European e-commerce business. 

Geek+ works with SAP Extended Warehouse Management, SAP Extension Suite, SAP Integration Suite & SAP S/4HANA and is available on the SAP Store. 

 

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In Foundries, Portfolio News

New Startup Solutions Available on SAP Store : March 2023

200+ SAP.iO startups deliver their apps, add-ins, and integration kits to SAP’s global customers through SAP Store. SAP Store is the online marketplace where customers around the world can discover, try, buy, and renew enterprise solutions from SAP and its trusted partners. We are excited to share with you the latest startup technologies to be added to the store! You can check out all of our portfolio technologies that integrate with SAP solutions on the SAP Store.

 

SaleAssist.ai – Live Video Commerce

By SALEASSIST INNOV8 PRIVATE LIMITED

Enable live video shopping and livestream selling in your store

Customer buying behavior is changing rapidly and traditional tools need an upgrade. Enable live video shopping and livestream selling in SAP Customer Experience to increase customer engagement, sales conversions and provide immersive customer experience. This solution was incubated and/or funded by SAP.iO and works with SAP Commerce Cloud. Check out a product video here, and find them on the SAP Store here.

CDP and MA built on SAP BTP

By Beijing DeepZero Technology Co. Ltd.

Smart marketing leveraging AI-driven CDP and MA

CDP (Customer Data Platform) and MA integrated with SAP BTP, are built on the basis of an AI engine, which is able to assist brands to understand their customers in deep insight and to keep brands engaging with customers on their favorite channels with their favorite content at their favorite time. This solution was incubated and/or funded by SAP.iO and works with SAP CRM Sales. Check out their product video here, and find them on the SAP Store here.

 ZhiJian Member Management Solution

By Shanghai Zhijian Information Technology Co., Ltd.

Omnichannel member management solution based on SAP Commerce Cloud

As an integrated product of Zhijian and SAP Commerce Cloud, this omnichannel member management solution can help enterprises realize the intercommunication between their SAP Customer Experience solution and background system. This solution was incubated and/or funded by SAP.iO, and works with SAP Commerce Cloud. Check out their product video here, and find them on the SAP Store here.

Sustain.Life Carbon Accounting and ESG Management

By Sustain.Life, Inc.

Comprehensive sustainability and ESG management software for every business

A SaaS platform that helps companies manage sustainability and ESG initiatives. Measure, manage, and report GHG emissions across scopes 1, 2, and 3 in a simple, intuitive user interface. Integrate your data with SAP Data Warehouse Cloud to streamline your organization’s sustainability efforts. Check them out on the SAP Store here.

RDEP POS

By ProenX Pte Ltd

Transforming in-store shopping experiences

Bust queues, recommend products for up-sell/cross-sell, personalize content delivery, and enable omnichannel experiences for retail customers through a handheld mobile solution, coupled with SAP S4/HANA, that can be used either by customers or store staff on mobile devices. This solution was incubated and/or funded by SAP.iO, and works with SAP S/4HANA. Check out their product video here, and find them on the SAP Store here.

Rezo.AI

By Rezo.AI

AI Powered CX Cloud For Enterprises

We are an AI Powered CX Cloud that transforms customer experience, improves agent productivity and operationalize real-time intelligence. Rezo.ai can automate conversations across contact center channels with the power of AI and Analytics to bring efficiency, cost-reduction and customer insights. This solution was incubated and/or funded by SAP.iO, and works with SAP Sales Cloud and SAP Service Cloud. Check out their product video here, and find them on the SAP Store here.

Cayzen

By Eitoss

Improve your carbon footprint with sustainable ideas from your field processes

By digitizing manufacturing improvement proposals, we can collect ideas for reducing electricity costs in the field, and by linking ideas to SAP S/4HANA, we can estimate the effects for each team or individual. This solution was incubated and/or funded by SAP.iO, and works with SAP Analytics Cloud, SAP Extension Suite and/or SAP Integration Suite, and SAP HANA Cloud. Check out their product video here, and find them on the SAP Store here.

CargoSnap

By Proof of Condition Solutions B.V.

The cargo inspection tool that will save costs and improve customer satisfaction

A digital solution that makes cargo inspections simple, fast, and streamlined. No paperwork, no spreadsheets, no hassle. Build your own workflow, so it fits like a glove, without ever missing a single bit of information. Use CargoSnap to update shipments in SAP Business Network for Logistics. This solution was incubated and/or funded by SAP.iO, and works with SAP HANA, SAP S/4HANA, SAP S/4HANA Cloud, SAP Extension Suite and/or SAP Integration Suite, SAP Business Network for Logistics. Check them out on the SAP Store here.

Shoppable interactive videos and live shopping

By Smartzer LTD.

Transform videos and live streams into a shoppable and interactive format

A tool that enables brands to annotate their videos and live streams with shoppable products to create a shoppable video or a live shopping event embedded on their e-commerce. The solution integrates with SAP Commerce Cloud. Check out their product video here, and find them on the SAP Store here.

Fifty eDoing integration

By FIFTY

Bridge the knowing-doing gap in trainings and change programs

Our eDoing solution allows L&D and HR teams to pilot the implementation of trainings and change programs. It integrates to SAP Success Factors to automatically recommend micro-actions to employees after a given training and thereafter measure the adoption of new behaviors at collective level. Check them out on the SAP Store here.

Cobrainer Talent

By Cobrainer GmbH

Give your people their path to grow and start your skills transformation

Highly industry-specific skill-profiling, skill-recommendations, and skill-management for SAP SuccessFactors Opportunity Marketplace, Talent Profile, Recruiting Management, and Learning. Achieve next-level talent mobility, up-skilling, staffing, and workforce transformation for your organization. This solution was incubated and/or funded by SAP.iO, and works with SAP SuccessFactors Employee Central. Check out their product video here, and find them on the SAP Store here.

In Foundries, Financial Services

BigID Named Market Leader: Data Security Posture Management in the Coveted Global InfoSec Awards during RSA Conference 2023

BigID, the leading platform for data security, privacy, compliance, and governance, is proud to announce we have won Market Leader Data Security Posture Management (DSPM) award from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine.

“We’re thrilled to receive one of the world’s most prestigious and coveted cybersecurity awards from Cyber Defense Magazine during their 11th anniversary – highlighting our leadership in the emerging category of Data Security Posture Management,” said Dimtri Sirota, CEO of BigID.

We’re thrilled to be a member on this coveted group of winners, located here: http://www.cyberdefenseawards.com/

Read More…

In Foundries, Inspiring Innovators

Inspiring Innovators: Agnes Wun Co-founder & CEO of Neufast, on using your passion to problem solve

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 Agnes Wun

 

Over the last year, we’ve had an opportunity to focus on some of the inspiring innovators we work with here at SAP.iO. We’ve learned that these leaders come from various backgrounds, and the path to entrepreneurship is never quite the same. For Agnes Wun, she had 14 years of work experience before she launched Neufast. As we discussed her path to co-founder and CEO of Neufast, we discovered that she worked hard using what she was passionate about to inform her next steps and solve the problem.

After graduating with an electrical engineering degree, Agnes joined ABB where she designed digital control systems for power plants. From there, she joined the Labor and Welfare Bureau of the Hong Kong Government, where she learned to hone her communication and project management skills. Although Agnes was proud to help improve mental health awareness in Hong Kong during this time, she had always dreamed of studying at Imperial College, and so she did. At Imperial College in London, she obtained a MSc degree in applied mathematics and met her Neufast co-founder Dr. Dennis Lee culminating in the launch of their new company.

Neufast is a data-driven online video interview platform where you set up, invite, and conduct online interviews. These interview videos are analyzed using AI technology for their facial, vocal, and textual information, which produces a competency report for each candidate. Neufast’s clients are achieving an 80% reduction in cost-per-hire and hiring managers can customize job requirements in 27 competencies. Some organizations that use Neufast’s HR technology include McDonald’s, Carlsberg, Crystal Group, Esquel, Tessellation, and Lensowheel to just name a few.

Get more highlights from the interview here!

In Foundries, Shanghai, Taiwan

SAP.iO Foundry Taiwan Kicks Off to Empower Startups

SAP Taiwan announced the launch of the SAP.iO Foundry Taiwan, and will select 5 potential startups in Taiwan. The selected startups will have the opportunity to get SAP’s global and local resources and establish a long-term cooperation with SAP to explore business opportunities as well as entering the global market.

George Chen, Global Vice President and Managing Director, SAP Taiwan pointed out, “We are optimistic about Taiwan’s energy in innovation so we land the SAP.iO in Taiwan. We look forward to opening a window to the world for startups in Taiwan and expand business opportunities for them by matching Taiwan’s R&D capabilities with SAP’s world-class technology, rich industry experience, and global business resources. SAP will continue to invest resources in Taiwan and work with the ecosystem to solve industry pain points with the power of technology.”

Original Article Here…

In Foundries, Video, Supply Chain Management, Latin America

3 Innovative Solutions Shaping The Future Of Agriculture

Getting food from the field to the table is a complex process. Exposure to pests, disease, or harsh weather can impact the quality of the crops. At the same time, climate change is leading to soil degradation and loss of biodiversity while insufficient land increases the pressure to produce more on less space.

At the recent SAP.iO Foundries Sustainable Agriculture Latin America Demo Day, three startups presented solutions that can help farmers improve the quality of their crops, optimize farming strategies through personalization, and improve biological capital by managing soil more efficiently. These tactics can all play a role in successfully feeding 9 billion people for the next decades.

Improving the quality of raw materials

“In the agricultural industries production plans are based on the quality of raw materials,” said Madeleine Valderrama, CEO and Founder of AI Bruna, a supply chain planning solution powered by artificial intelligence developed by AltumLab Chile. She explained that producers expect the quality of raw materials to be consistent, but reality is different. Because it’s impossible to predict quality with complete accuracy, planners deal with variability by improvising, which can lead to increased use of water and energy and up to 20% loss in profitability.

After eight years working in Chile’s salmon farming industry, Valderrama knew what kind of tools would be required to tackle this issue. AI Bruna uses artificial intelligence and genetic algorithms to factor operational restrictions, deficiencies, and defects into strategic harvesting plans. It connects Planning, Harvesting and Commercial areas, providing a strategic view of the entire operation.

Valderrama used the example of Caña Brava, a sugar cane producer in Peru that is using the tool. In the first stage, months before the harvest, AI Bruna uses historical data such as climate, performance, soil type, water usage, and fertilization patterns to predict the expected concentration of sugar in the harvested cane.

Next, it suggests modifications in irrigation or fertilization as the plants are maturing to make sure the cane will satisfy the commercial contract after the harvest. Thanks to AI, Caña Brava was able to reduce water and energy consumption by over 4% and costs by 11%, and increase production capacity by 7%, and the value of the cane as raw material by 17%.

Read More…

In Foundries, Blog, Video, Inclusiveness

Censia’s Growth Journey

Meet Censia

What makes Censia tick? Their core value that every person counts.  Founded in 2017 by CEO Joanna Riley, Censia unleashes the power of the people by delivering transformative talent intelligence, helping customers supercharge SAP’s human resources management solutions portfolio with AI-powered resume review, passive sourcing, and candidate evaluation. After achieving a 10x growth in 2020 following a $21M Series A funding round, Censia has been helping the biggest brands optimize recruitment and talent management by transforming executive intelligence, workforce intelligence, and talent acquisition.

Making Data-Driven Talent Decisions

Censia’s partnership journey with SAP began in 2019 when Censia joined SAP.iO Foundry San Francisco’s Future of Work accelerator as a seed-stage company. Looking to leverage the strength of SAP’s network, Censia quickly became an SAP partner with an integrated solution in SAP SuccessFactors Recruiting and a listing on SAP Store. Censia Talent Intelligence was fast to become wildly successful and last year, Censia became an SAP Endorsed Application, a prestigious recognition only received by 1% of SAP store partner solutions. To date, Censia has closed numerous deals with SAP and major brands such as Tapestry Inc., TJ Maxx, and PepsiCo Inc. Today, as Censia rapidly scales, SAP continues to see the major impact their solution has on improving human resource management for SAP SuccessFactors customers.

On Partnering with SAP.iO

Censia CEO Joanna Riley credits her experience working with SAP.iO and the inside knowledge and insights shared as critical in helping to set Censia up for success in working with enterprise. Riley shared that SAP.iO’s input on company presentation was extremely valuable in successful meetings with SAP, SAP customers, and investors, and really felt part of a selective group of entrepreneurs who are the next generation of leaders with an edge.

 

“Entrepreneurship is about continuous learning and to be able to be part of SAP.iO, I feel like I’m cheating. I’m learning from lessons that have been learned through years of experience that SAP has acquired and taking those and applying them to my business so that we have a head start. I would recommend any company especially focused on enterprise to look at SAP.iO as a real solution to build a produce that is great for enterprise.”
– Joanna Riley, CEO, Censia

 

As one of the most successful startups in the SAP.iO portfolio, we look forward to many more joint successes and a fruitful journey together ahead! Learn more about how Censia adds AI-powered talent intelligence to SAP SuccessFactors here.

In Awards, Foundries

SAP.iO Foundries 2022 Portfolio Awards Roundup

Congratulations to the myriad of startups in our portfolio that have been recognized by leading publications for their innovative solutions in 2022!  We are proud to have innovative startups like these in our portfolio and are very proud of their accomplishments. Check out this curated selection of awards from the past year and explore the startup solutions available on the SAP Store:

 

In Foundries

SAP.iO Foundries 2022 Portfolio Acquisitions Roundup

Congratulations to the 19 startups in our portfolio that have successfully exited via acquisition in 2022! These acquisitions not only represent positive outcomes for the startups, but also a validation of their innovative ideas and solutions. We are proud to have been a part of their journey and look forward to their continued success in their next chapters.

 

  • Firstbird was acquired by Radancy
  • Cultivate was acquired by Perceptyx
  • Codecheck was acquired by Testberichte
  • Presize was acquired by Meta
  • Scortex was acquired by TRIGO Group
  • CardUp was acquired by Funding Societies
  • Databand was acquired by IBM
  • SundaySky was acquired by Clearhaven Partners
  • Ecotrek was acquired by EcoVadis
  • Askdata was acquired by SAP
  • ChatBook was acquired by Monex Group
  • Ziggeo was acquired by Kargo
  • Industrial Analytics was acquired by Infineon
  • TeamCore was acquired by Accel-KKR
  • StyleSage was acquired by Centric Software
  • Pico was acquired by Infront
  • Raycatch was acquired by BladeRanger
  • GridX was acquired by E.ON
  • FSIGHT was acquired by Tigo Energy
In Foundries, Singapore, Featured, Announcements

SAP.iO Foundry Singapore and HCLTech Launch Intelligent Enterprise Program

November 25, 2022 — SAP SE (NYSE: SAP) and HCLTech launched a virtual startup program focused on the Intelligent Enterprise at SAP.iO Foundry Singapore. Five international startups have been selected by a jury of experts from SAP and HCLTech to join the program. These startups are building innovative solutions for companies in the following areas: Industry 4.0, sustainability, and the metaverse.

The long-term future of companies depends on their ability to proactively respond to today’s challenging, unprecedented market conditions. To compete in a highly disruptive and rapidly evolving world, companies must be able to rewire their organizations to create efficient, automated business processes – applying advanced technologies to transform static, siloed processes into agile, intelligent workflows.

“Asia is home to some of the most innovative countries in the world. Along with a huge and rapidly growing young talent pool, we are also seeing significant investments flowing into the region, making it a hotbed for startup innovation, said Paul Marriott, President, SAP Asia Pacific and Japan. “Through this collaboration with HCLTech, we are bringing together the right technology, support, and insight to further accelerate startup innovation and introduce game-changing solutions – especially in the areas most essential in building future-readiness – to more of our customers, more quickly.”

The 13-week program, in collaboration with HCLTech’s SAP Ecosystem Unit and eSTiPTM, its flagship open innovation platform and program, offers startups access to curated mentorship from SAP and HCLTech executives, exposure to SAP® technology and application programming interfaces (APIs), and opportunities to collaborate with SAP and HCLTech customers around the world.

“HCLTech is a catalyst for change, and our commitment to innovation only strengthens with this program that we are driving in collaboration with SAP.iO. We jointly aspire for accelerated growth for our customers, leveraging niche and meaningful innovations. We are keen to establish our thought leadership in the areas of sustainability and Industry 4.0, and this collaboration is a step towards that”, said Kalyan Kumar, Chief Technology Officer and Head, Ecosystems at HCLTech. 

The following startups are participating in the program:

  1. H3 Dynamics combines machine learning, remote telerobotics and off-grid capabilities for drone services that can deploy and manage commercial condition monitoring, security and safety solutions.
  2. DeepBrain specializes in humanizing digital customer service and bridging the gap between enterprises and their customers.
  3. Invigilo enhances workplace safety culture by enabling real-time and continuous monitoring using AI-video analytics.
  4. WeavAir enables companies to measure carbon emissions based on energy consumed by real estate and transportation assets.
  5. Versafleet automates modern supply chains with route optimization, electronic proof-of-delivery, instant notifications and real-time job-status tracking.

For program developments and opportunities to participate in innovation workshops with the selected startups, look out for updates on https://sap.io/sgp-f22/.

About HCLTech

HCLTech is a global technology company, home to 219,000+ people across 54 countries, delivering industry-leading capabilities centered around digital, engineering and cloud, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending September 2022 totaled $12.1 billion. To learn how we can supercharge progress for you, visit hcltech.com.

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/.

In Supply Chain Management, Foundries, Portfolio News, Funding Announcement

Clarifruit raises $12 million to reduce waste in the fruit and vegetable industry

Clarifruit, a company developing a software platform for automated quality control for fruit and vegetable supply chains, has announced that it has completed a $12 million Series A round led by Champel Capital and Firstime Ventures with participation from Kubota, a provider of agricultural machinery and technologies, and NevaTeam Partners venture capital fund. It brings the company’s total funding to $15 million following a grant of $2.5 million received through Horizon 2020.

The company hopes to reduce waste in the fresh produce supply chain, an industry estimated to be valued at $2 trillion, and secure a sufficient food supply for future generations. Its solution addresses challenges in quality control and decision-making and the lack of standardized and objective quality control processes when assessing fruits and vegetables. It is estimated that this problem leads to a waste of 45% of the agricultural production in the industry, representing approximately $900 billion of loss every year.

“Since we launched our product 20 months ago, we have been able to make a significant impact and onboard tens of leading global players into our circle of clients that are now using Clarifruit’s advanced technology to automate their quality control and provide real-time info to reduce waste and maximize revenue opportunities,” said Elad Mardix, Co-Founder and CEO of Clarifruit.
Its platform has two elements: the first is a mobile app allowing quality inspects to conduct quality control processes in minutes. The second is a cloud-based control system that allows operation managers to monitor the process specific to their company and its goals, results, and insights all in real-time. It uses computer vision technology with Big Data and analytics capabilities to help retailers, wholesalers, marketing companies, and growers make data-driven decisions to reduce waste.
In Interview, Supply Chain Management, Inspiring Innovators, Uncategorized, Foundries

Inspiring Innovators: Leanne Kemp Founder and CEO of Everledger, On Transparency

Read More…

In Foundries, Tokyo, Featured, Announcements

SAP.iO Foundry Tokyo to Accelerate Startups Offering B2B Enterprise SaaS

November 4, 2022 — SAP SE (NYSE: SAP) today launched its B2B startup program at SAP.iO Foundry Tokyo with focus on B2B Enterprise SaaS. Four startups working in multiple domains and industries have been selected to join the program to provide innovative solutions to domestic and global SAP customers by integrating with solutions across the SAP portfolio.

“SAP has been shifting to a cloud-centric strategy and collaborating with a variety of cloud-native external startups enables us more to provide our customers with even more flexible, extendable, and innovative products in the cloud. At the same time, it helps them to realize their digital transformation,” 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 “B2B Enterprise SaaS” cohort includes the following startups:

  1. A1A provides a SaaS solution for direct material purchasing in manufacturing procurement departments, specializing in identifying cost reduction potentials with quotation data.
  2. OPRO offers solutions for digitally transforming industry-specific paperwork with forms in the cloud that customers can design themselves.
  3. SmartShopping helps customers to easily automate their inventory and order management as well as optimize stock and streamline the supply chain with IoT.
  4. Techtouch delivers a cloud-based digital adoption platform that helps customers to easily adopt digital tools.

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/.