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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 Latin America, Foundries, Video, Supply Chain Management

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 Foundries, Awards

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 Funding Announcement, Supply Chain Management, Foundries, Portfolio News

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 Foundries, Interview, Supply Chain Management, Inspiring Innovators, Uncategorized

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

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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/.

 

 

In CRM & Customer Experience, Foundries

WISY PLATFORMS: BRINGING VISIBILITY TO PRODUCT AVAILABILITY IN CPG RETAIL

Wisy Platforms is building a predictive, decision-analytics retail operations and execution platform to help retailers solve and overcome the product availability challenges that they have lived with until now.

Using Wisy;

  • Employees performing visual inspection of retail shelves experience an improvement in the amount of time they would otherwise spend doing this task. Practically speaking this is a reduction from 20 minutes of work doing manual inspections to no more than 1 or 2 minutes using Wisy’s AI-enabled platform.

  • Retailers, CPG manufacturers and brokers experience a 90% or higher improvement in the accuracy of data about product availability on store shelves, and

  • Retailers, CPG manufacturers and brokers experience revenue gains of between 3% and 10%.

In addition to bringing visibility to Product Availability, Wisy also offers the following:

  • Price checks,

  • Real-time share-of-shelf KPIs,

  • Planogram compliance checks, and

  • Competitive intelligence: Wisy detects known or unknown competitors’ products on the shelves and transforms the data into business intelligence. This is particularly useful for addressing an industry trend where new niche brands gain market share at a much faster rate than established brands. Wisy provides alerts when new competitors come into a category and keeps track of their growth over time and per location.

Wisy is currently working on real-time object tracking using the video mode on mobile phones. This feature makes it easier for users to capture large shelves without the need to take many pictures. Wisy is also developing predictive analytics to optimize product assortment and basket analysis.

The platform enables CPG retailers, manufacturers, suppliers,wholesalers and brokers to make better strategic, tactical, and operational decisions by decreasing the complexity of the systems they have to interact with while introducing simplicity and convenience into their workflows. Employees just have to be able to take pictures or videos of retail store shelves using any mid-range smartphone.

Wisy’s breakthrough is in its ability to instantaneously run all its analytics processes and algorithms on an employee’s mobile device without the need for an always-on internet connection.

Incumbent solutions are complex, difficult, slow, cumbersome, and impractical for the fast pace at which retail execution must move. Most incumbent solutions require a high speed internet connection in order to produce results.

Wisy is lightweight, portable, simple, fast, and affordable. Anyone who can use a smartphone camera can be trained to use Wisy to perform retail operations tasks. The platform works for large multinational CPGs and retail chains, and for smaller CPGs, retail stores and brokers. It works on a stand-alone basis. But, it can also be with retail execution systems, ERP systems, retail data clouds, retail analytics systems and so on. It can be integrated into a retailer, manufacturer or broker’s existing systems – for example, customers of SAP can find Wisy in the SAP App Center.

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In Featured, Consumer Industries, Announcements, Shanghai, Foundries

New “Future of Shopping” Startup Program at SAP.iO Foundry Shanghai

October 27, 2022 – SAP SE (NYSE: SAP) launched a new startup program focused on consumer and retail technology that will shape the future of shopping at the SAP.iO Foundry Shanghai. A jury of SAP experts, partners, venture capitals, government innovation departments, and SAP customers, including Shui On Land and others, joined the selection committee and finalized seven startups to join the program and build partnerships with SAP.

The COVID pandemic has accelerated the process of global technology and digital transformation, gradually penetrating into every detail of our life. Consumption habits are undergoing tremendous changes, which also brings various business opportunities to new consumer and retail technologies.

SAP.iO Foundry Shanghai launched its “Future of Shopping” cohort to recruit retail and consumer SaaS startups, partnering with SAP to serve global customers in consumer, catering, retail, hospitalization, fashion, and more.

Sophie Zhang, General Manager of SAP Customer Experience (CX) Greater China, “I am very happy that the new SAP.iO cohort can work with CX. We are always looking for innovative solution partners to expand our portfolio and deliver local SaaS solutions to CX customers.”

Meng Xu, Vice President of SAP China Strategic Industry Consulting, adds: “The consumer, retail and fashion industries are the top priorities of China’s strategic industry group, accounting for 40% of our revenue. We pay great attention to the ecosystem of these industries. The seven startups we recruited this time can well meet the different requests of local customers.”

During the program, the startups will have access to curated mentorship from SAP executives, exposure to SAP® technology and APIs, and opportunities to collaborate with SAP customers worldwide.

The following startups are participating in the program:

  1. XForcePlus provides enterprises with supply chain information collaboration services and VAT invoice management solutions.
  2. Freemud focuses on rapidly upgrading chain brand stores into smart stores, so that stores can adapt to all the challenges of digital transformation.
  3. Reabam provides flexible configuration and highly scalable SaaS services for chain brand enterprises in the field of large consumer brands.
  4. Zjian offers enterprises with self-developed tools and shopping assistants to revitalize the company’s existing members to improve the customer experience.
  5. Shenyan Intelligent delivers full-stack solutions of data and business centers for domestic and foreign enterprises.
  6. Qiyuesuo is an electronic signing SaaS platform, providing electronic signing and certificate deposit services.
  7. Apexdata helps customers achieve intelligent credit assessment and enhance credit value.

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 Uncategorized, Foundries, Featured, Business Technology Platform, Inspiring Innovators

Inspiring Innovators: Neha Singh Founder and CEO of Obsess, On Listening to Your Gut

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 Neha Singh

Her unique path to entrepreneurship included combining her experiences with her ability to listen to her instincts and trust herself to know what to do. Neha Singh combined her love of fashion with her knowledge of technology to create something entirely new for the market, finding her right fit as the Founder and CEO of Obsess.

Neha studied computer science during undergrad and then attended MIT for her masters. Her appreciation for computer science gave her a way to build the things she imagined, prizing the logical aspect of how inputting a set of instructions can result in predictable outcomes. Her accomplishments are many; for Google, she was on the team that created the first dashboard for Google Ad Words. She then spent time on Google News which she described as an amazing learning experience. At this point, she realized she liked the product side, specifically figuring out how to build something and defining it based on how users interact with it.

Neha took fashion design classes discovering she would excel on the technology side of fashion. When she joined an eCommerce marketplace startup, she realized that all eCommerce sites look the same and have a grid-of-thumbnails database interface. This was because that’s the template the eCommerce platforms provide brands and retailers to showcase their products.

After that experience, Neha was the Head of Product at Vogue and worked on projects for launching the Vogue digital properties, including Vogue.com and Vogue Runway. She saw how much luxury brands were struggling with their online eCommerce experience and especially their mobile experience.

As more brands move online and look to differentiate their experience to engage consumers, Neha knew things had to change. To spearhead this effort, Neha launched Obsess in 2017, creating the next-generation eCommerce interface for today’s consumers. Obsess is a Metaverse Shopping Platform that enables brands and retailers to create highly interactive, visual, and branded Virtual Stores on their websites and metaverse platforms. The Obsess platform creates HD-quality, beautiful, photorealistic 3D 360 experiences that increase awareness, engagement, and conversion. Her team combines expertise in platform engineering, consumer web, mobile tech, fashion, e-commerce, gaming, and 3D. Obsess customers include Coach, Ralph Lauren, Charlotte Tilbury, Mattel, General Mills, and NBC Universal among others.

“When your entire brand gets reduced to four to six thumbnails on a mobile screen, you cannot translate the brand experience you are creating in retail stores, fashion shows, and events, into a digital shopping format. That’s when I understood the need in the market for a better digital shopping experience.”

Read More…

In Foundries, Tel Aviv, Featured, Sustainability, Announcements

SAP.iO Launches Carbon Accounting Startup Program to Help Customers Enhance Sustainability Efforts

October 19, 2022 — SAP SE (NYSE: SAP) launched a virtual startup program focused on carbon accounting at the SAP.iO Foundry Tel Aviv. A jury of SAP experts, partners, investment funds, and SAP customers, including ABInBev, DSV Global Transport and Logistics, and more, selected six international startups to join the program and build partnerships with SAP.

The increased awareness of sustainability has impacted consumers and investors alike. They are more and more choosing socially and environmentally responsible companies that consider their impact on people and the planet in their business activities. The finance sector continues to evolve as people and businesses transform how they spend, save, borrow, and invest.

SAP.iO Foundry Tel Aviv introduced the “Carbon Accounting” program to help customers enhance their sustainability efforts. The startups will work with the Foundry team as well as leading companies from various fields on integration and partnership with SAP.

Gunther Rothermel, Senior Vice President and Head of SAP Sustainability Engineering, “Data is a critical driver toward sustainability success. Enterprise data collection is a challenge where SAP helps its customers on their journey to Net Zero. It is about using the right tools and the latest innovation to achieve this goal.”

During the program, 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 worldwide. This includes creating new partnerships and value propositions.

The following startups are participating in the program:

  1. Connect Earth offers API-based data products that track the carbon footprint of financial transactions.
  2. ESGgo leverages machine learning to analyze and optimize enterprise environmental, social and governance (ESG) posture and score.
  3. ESG Enterprise provides integrated SaaS and data analytics for businesses to reduce compliance costs, automate carbon accounting, data collection, and reporting.
  4. SustainCert enables the digital verification of impact claims across carbon markets and value chains, bringing credibility to climate action.
  5. Sustain.Life enables companies to easily measure, manage and report their ESG impacts for shareholders and regulatory disclosure requirements and requests using global regulatory frameworks.
  6. Unravel Carbon helps companies track and reduce their carbon emissions, specializing in Scope 3.

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 Foundries, New York, Featured, HR & People Engagement, Announcements

SAP.iO Foundry New York Kicks Off Web3 in Future of Work Program

October 17, 2022 — SAP SE‘s (NYSE: SAP) SAP.iO Foundry New York has launched its latest startup program focused on Web3 in the Future of Work with SAP SuccessFactors. Five startups have been selected by a jury of SAP experts, partners, customers, and venture capital funds to join the program.

The startups selected for the program center on emerging technologies, including blockchain, token economy (NFTs), digital assets (crypto, wallets, identity), artificial intelligence (AI), and metaverse (augmented and virtual reality). Over the next 12 weeks, they 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 worldwide.

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

  1. Beem enables communication using real humans in augmented reality, allowing users to communicate in the most credible and immersive way possible.
  2. BitPay builds enterprise-grade tools to send and receive cryptocurrencies, enabling employees to receive a portion of their pay in crypto.
  3. Gmetri is a no-code browser-based metaverse toolkit, providing the complete web 3.0 infrastructure to create, publish and track your own metaverse.
  4. Talespin is building a spatial computing learning platform to power talent development and skills mobility for the future of work. ­­
  5. Veremark runs faster and smoother background checks with secure, reusable data through blockchain-based verified credentials.

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/.