Digital behavioural health platform SilverCloud and HSE expand online therapy across Ireland

Digital mental health platform SilverCloud Health, with headquarters in Boston, Dublin and London is making its services available to users nationwide through Ireland’s Health Service Executive (HSE).

In 2018, the company partnered with the HSE on a pilot programme to offer online psychological tools for depression and anxiety to primary care psychological services and now plans to expand these services in Ireland. 

WHY IT MATTERS

The platform provides evidence-based clinical content, programmes and support for users struggling with their mental health and chronic illness.

A study by the NHS into SilverCloud showed a 50% reduction in symptoms following eight weeks of sessions and improvement in 27% of cases.

The service will also open up referrals from a larger pool of sources, including GPs and Jigsaw, the national centre for youth mental health. SilverCloud’s mental health services are used by 650,000 people globally, acquiring 30,000 new users every month and providing more than 40% of all NHS mental health services.

This surge is in part due to an increase of people seeking support with their mental health during the COVID-19 crisis.

SilverCloud has raised more than €25.5 million from investors to date. In April 2020, the company raised $16 million (€13.6m) in Series B funding to expand into all 50 US states.

Meanwhile, London-based AI digital therapy service HelloSelf raised £5.5 million in Series A funding to expand mental health provisions for post-pandemic Britain. 

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Sustainable Farming: Agranimo Integrates with SAP BTP

Despite the ongoing debate of whether it’s a fruit or a vegetable, the avocado has been an export hit around the globe. Avocados are grown in the southern hemisphere but are immensely popular in countries where they cannot be harvested. There is also growing consumer awareness that intensive avocado farming leads to environmental issues in the countries of origin.

‘Driving through the rural areas of Chile, you will notice how severely the country has been going through a major drought during the last five to seven years,’ Nikita Gulin says. ‘Part of it is due to climate change, but it cannot be denied that intensive farming is adding to the problem.’ Chile’s GDP relies heavily on agriculture. Apart from avocados, food crops include blueberries, cherries, and walnuts. ‘Water efficiency is a huge topic for Chilean farmers and the country as a whole.’

For Gulin, Aganimo’s Russian-born founder and CEO, and his Chilean co-founder, CTO Sergio Esteban, this was an obvious problem to tackle.

‘In Chile, everybody knows someone working in the agricultural sector, whether it’s an uncle or the friend of a friend,’ Esteban says. ‘When we looked at the problem and solutions already available, it became clear that there was much room for improvement by means of technology – and we had the skills to do that.’

To combine their technical knowledge with research on agriculture, they made contact with academia. ‘The University of Chile immediately wanted to collaborate,’ Gulin says. Agranimo has 10 employees located in Chile, Russia, and Germany with backgrounds in technology, research, and practical experience in agriculture.

‘Chile is not the only country with this problem,’ Gulin explains, ‘It’s really all over the world – water is rare. From our first application for water efficiency, our vision grew as we expanded to more climate-related issues. Water is still one of the key components, but we are now working with any information that can be derived from climate and soil data.’

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SAP Startup Spotlight: Getting To Know SAP.iO

In every interview in our SAP Startup Spotlight series, we ask startups how the involvement of SAP.iO has impacted their journey. But what is SAP.iO, exactly?

Stephanie Horwitz is the Value Creation Manager at SAP.iO Foundry Tel Aviv, where she supports global B2B startups in communications, marketing, and business development opportunities. In this interview, she explains what SAP.iO is and what it has done and continues to do for startups.

E-3 Magazine: What is SAP.iO?

Stephanie Horwitz: SAP.iO is SAP’s strategic business unit to incubate, accelerate and scale startup innovation and explore new business models for the company. Since 2017, SAP.iO has helped over 300 external startups and internal ventures both start and scale their businesses while enabling SAP customers to access new products. SAP.iO Foundries are SAP’s global network of zero-cost startup accelerators that are the fastest way for founders to launch a relationship with SAP. SAP.iO Foundries provide companies with access, curated mentorship, and technical guidance to integrate with SAP solutions and accelerate their entry into an inclusive ecosystem whose offerings can be easily accessed and deployed by SAP customers. SAP.iO Foundries were formally launched in 2017 and have helped accelerate more than 270 startups across all lines of business and industries so far. SAP.iO currently has nine foundries located in San Francisco, New York, Berlin, Munich, Paris, Tel Aviv, Singapore, Tokyo, and Bangalore.

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Innovative Solutions in the Utilities Industry for a Sustainable Future

SAP’s Commitment to Sustainability Through Utilities Industry Support

Over 10 years ago, SAP made sustainability a long-term strategic goal in line with its vision of improving people’s lives and helping the world run better. SAP enables organizations to minimize the greenhouse gas footprint of their products and leads by example with a goal of being a carbon neutral company by 2023. With forty five of the fifty top utilities companies in the world running SAP solutions, SAP is a leading force in helping utilities light the way by efficiently incorporating more clean energy into the grid. As the world transitions to a more sustainable, renewable, and digital energy reality, SAP is providing the tools and empowering utilities, which are front and center in the global shift toward renewable energy resources, to successfully reinvent power generation, transmission, distribution, and retail.

Connecting Utilities with Innovative Solutions for a Successful Energy Transition

Through SAP.iO, SAP works with startups and new technologies to cultivate innovation and fuel future growth for our customers across all industries. SAP.iO Foundries is a network of nine top-tier startup programs in strategic startup ecosystems, focusing on enabling early-stage companies to form a partnership with SAP and integrate their innovative solutions with key SAP applications and platforms. During SAP.iO Foundry Tel Aviv’s latest accelerator program focused on solutions for the utilities industry, SAP.iO along with SAP’s Utilities business unit has been working closely with seven global startups to create joint offerings for our utilities clients to enable a smooth energy transition in an intelligent way. The startups’ solutions cover next-generation intelligent energy production, energy trading, multi-directional intelligent transmission and distribution, smart metering, and prosumers with e-homes and e-cars.

Meet the 7 Startups Empowering SAP’s Utilities Customers to Thrive in a Renewable Energy Reality

These startups are leading the energy transition and bringing value to SAP customers while doing so!

FSIGHT offers state-of-the-art artificial intelligence software solutions that allow the end user to predict, optimize and trade energy.

Future Grid enables the renewable grid of the future to deliver safe and reliable electricity.

NET2GRID delivers a platform for utilities to gain powerful energy insights and run value-added services using machine learning algorithms on smart meter data.

Lemonbeat offers a scalable end-to-end Internet of Things–enabling solution, building a seamless experience journey from device to cloud.

OXYGEN TECHNOLOGIES provides digital value-added services to private and commercial “prosumers” with an operating system to monitor and control distributed energy devices.

Pexapark provides the operating system for post-subsidy renewable energy sales.

Raycatch’s AI-driven digital asset management system automates and optimizes solar photovoltaic plants.

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Getting Energized to Level the Playing Field

A conversation with Amanda Niklaus, PPA Transaction Manager in the renewable industry.

The Road Less Traveled

What initially drew you to the energy industry?

During my Master’s studies, there was a mining boom in Australia. A lot of money was put into energy research, particularly for oil and gas. The Head of my university department suggested that I pursue mathematical economics in energy and work with some prestigious supervisors from the industry which I did. After graduation, I worked as an economist for the government and then in investment banking where we were looking at M&A opportunities. At the time, I found working within this very male-dominated industry a bit unsettling, and left for the Australian Energy Market Operator (AEMO) where I worked on providing training for investors and traders and we looked at battery viability for participating in different markets. A lot happened and changed over the time I worked there and that is one of the elements I like about the power market sector: it’s very dynamic, constantly evolving.

When I came back to Switzerland, I read about Pexapark. They were very new at that time and had a lot of potential. I thought it would be exciting to work with a focus in renewables and to help developing a business. I was right — it’s so far been an incredible experience to be part of and contribute to Pexapark’s development and growth.

What’s the most satisfying part of your role at Pexapark?

I really enjoy working across markets and looking at different issues, that clients are encountering or questions they are trying to answer. While our business is very specialised, I feel like a request is never ever the same. It’s always new, there is so much to learn constantly!

What’s your secret sauce that you bring to work with you each day?

A ‘can do’ attitude and resilience.


Making Strides in Renewables

What thoughts are going through your head (if any) and what are you experiencing when you find yourself to be the only woman in the room?

That’s often the case to be honest. With clients, I do not let that disturb me, I cannot. Otherwise I am going nowhere. It is of course harder to ignore for someone who works in this environment every day. There are many studies about the ‘Onlys’ — referring to the only woman in a team. A notable one is from McKinsey, showing that women in this situation often receive judgement or doubt about their own area of expertise. They feel under a constant pressure to provide a proof of competence compared to their male colleagues. The sad part is that you don’t know if it was intentional, or it is just a dynamic of the competitive environment. That is not always clear. What is clear to me — there is a way to improve the situation.A more gender- balanced team is very important and I’d like to think I try my best to influence in that direction.

Did you have any female mentors or role models? How can we facilitate more mentorship initiatives?

In my first job as an economist, I had a female mentor. Since then I have had other mentors and role models, but they haven’t been women. This might be because there are not too many women in leadership / senior positions in my industry to support other women — which is key to how women help each other to grow in other industries. Studies have shown that mentoring and networking activities designed for women are key to break through the glass ceiling and to remain in top positions. Multi-level mentorship and leadership programs are necessary in providing dynamic social support, including promoting gender awareness and building network to support sustainable career development. There are successful mentoring and leadership programs where high-potential women are trained in the company’s leader pipeline. I believe that such programs help increasing female representation at the managerial and C-level.

I am part of the Women in Wind program organised by the Global Energy Wind Council. Through this program, I was given the opportunity to mentor another participant of the program who was from the same industry. Women in Wind is a great example of a mentoring program, particularly to create a network. To be honest I wish I could also participate as a mentee and a few of us mentors from the program have said the same thing. It’s extremely helpful to be able to share experiences and have a support group and of course to network.

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Goodr CEO turned her passion into a multimillion-dollar business

After learning that, each year, 72 billion pounds of food goes to waste in the U.S. while 50 million people struggle with hunger, Jasmine Crowe, a serial entrepreneur, felt compelled to do something.

So with donated spaghetti noodles and hamburger meat and lots of grocery coupons, in 2013 Crowe started feeding the hungry every Sunday out of her own kitchen in her one-bedroom apartment in Atlanta.

After feeding up to 500 people a week for years, in 2017, Crowe turned her passion to help into a business — Goodr, a food waste management company that connects restaurants with food surplus to non-profit organizations that can use the food.

“I had friends and family members that were experiencing hunger, [and] that really made me think I had to move forward,” Crowe says.

Building the business wasn’t easy — for one thing, investors doubted her company would succeed. But by 2018, Goodr was valued at $7 million, according to PitchBook, and now, the company is valued at $12 million, Goodr tells CNBC Make It. To date, Crowe has successfully raised over $2.7 million from investors, the company said.

“I’m really motivated by all the naysayers,” says Crowe. “As long as you’re going after something that you love, you shouldn’t give up on your dreams. That’s the biggest thing.”

Here, Crowe shares her advice on overcoming obstacles and building a successful business that you’re passionate about.

Know your audience and why they say ‘no’

Women-owned companies received just 2.6% of the total venture capital funding in the U.S. in 2019, according to PitchBook. And Black women and women entrepreneurs of color get even less, receiving just 0.64% of the total venture capital investment, according to ProjectDiane.

“I probably took over 200 meetings to raise the first million dollars for Goodr. I was told: ‘This sounds like a non-profit,’ ‘Hunger is already being solved,’ ‘Your team isn’t experienced enough and too young,’” Crowe, 37, says. “The fundraising for me has not been something that I’ve enjoyed. It hasn’t been easy.”

The turning point came, Crowe says, when she really thought about her audience.

“I realized I was speaking to cis white men that have never been hungry,” she says. “Of course they don’t understand what I’m building. They never experienced this problem before.”

So in addition to pitching that Goodr could help people, Crowe focused her pitches on numbers, like how much a business could claim in tax benefits by donating its surplus food and how much it would save in eliminating the cost of removing its food waste, she says.

“Learn all the objections and why people typically say ‘no.’ Once you learn that, then it becomes a lot easier to get to a ‘yes,’” she says. “Start to learn how to counter those objections.”

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Changing Our Perspective on Women Entrepreneurs

Slowly, but surely, glass ceilings around the world are beginning to crack and break. Although it is a slow progress, it is progress. We are not only finally seeing a change in the perception of women in business, but more specifically we are seeing a rise of women entrepreneurs. CEOs, Founders, Managers, and event organizers have begun to shine the spotlight on the underrepresented, which includes women entrepreneurs.

Ensuring all innovators, from all backgrounds are empowered to start-up with SAP, SAP.iO No Boundaries, the first comprehensive inclusive entrepreneurship initiative in the business software industry was created. Since 2019, 50% of the startups we’ve worked with have a female/underrepresented founder or CXO.

The SAP.iO Foundry Paris has supported 38 startups since late 2018. Of these companies, many have women in management positions. We recently had the opportunity to interview some of these female leaders and learn more about their unique experiences, operating in a world that is largely run by men. These entrepreneurs occupy a rare place today, they are part of only 16% of employees in the tech sector and only 8% of tech entrepreneurs.

We asked how they choose their career, their profession? What are their strengths? We found out that what they all have in common is that they dared to explore what they love. Out of desire, curiosity, need or conviction they chose a field in technology. They listened to their inner voice and considered what it is that they really enjoyed. Charlotte Fanneau, Director of Operations at Heuritech said, “I did not choose the job of Director of Operations, but the mission of putting cutting-edge technology at the service of the fashion industry.” All shared the desire to step out of their comfort zone, to learn “on the job”, to explore areas that were unfamiliar or that could not be learned in school. “To become Marketing Manager in a field that I did not know, I found similarities with sports training. I was curious, I trained on my own. I tested, I documented myself to create my own knowledge,” said Manon Pellet Marketing Manager at Hiboo.

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WeGift Raises $12M in Series A+ Funding

WeGift, a London, UK-based company providing the infrastructure for the incentives economy, closed a $12m funding round.

The round was led by AlbionVC with participation from new investor CommerzVentures, as well as Stride.VC, SAP.iO Fund, and Unilever Ventures.

The company intends to use the funds to continue to expand operations and its business reach.

Led by Founder and CEO Aron Alexander, WeGift provides a cloud-based platform and open API solution serving a broad set of needs for medium and enterprise businesses, including acquisition, retention, recognition, and reimbursements. Operating in more than 30 countries, and dozens of languages and currencies, the company’s digital payouts platform and open API solution is directly integrated into every brand on its platform, offering corporate buyers a global network with direct access to more than 700 brands. Habito, Perkbox, Seated, Sodexo, Vodafone, and Vouchercodes all use WeGift’s to digitally engage their audiences.

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Crosschq Co-Founder Named to Forbes Next 1000 List

Crosschq, the pioneers of Human Intelligence Hiring™ for building diverse, winning companies, today announced that CEO and Co-Founder Michael Fitzsimmons was named to the Forbes Next 1000 list in the first class of 250 standouts.

The Forbes Next 1000 list is a first-of-its-kind initiative designed to spotlight bold and inspiring entrepreneurs on their way to great success, celebrating ambitious entrepreneurs who are redefining what it means to build and run a business today, especially in the ‘new normal.’ According to Forbes, by year’s end, the list will include 1,000 entrepreneurs that “will have a “running start to land on the cover of Forbes.” The judges include a panel of A-list leaders from every sector, from entrepreneur Ayesha Curry and National Geographic Society Chairwoman Jean Case, to LinkedIn CoFounder Reid HOffman and  baseball legend Alex Rodriguez among others.

“I’m honored to be recognized by Forbes in this way,” said Fitzsimmons. “These are never individual awards. Every member of our Crosschq family, from employees, investors, advisors, customers, and partners, make these happen.”

Crosschq is committed to fundamentally leveling the playing field for job seekers by enabling companies to go beyond the resume and look at the full picture of a job candidate when making a hiring decision. Crosschq already helps more than 100 companies of all sizes screen, source and hire the best talent through our digital and automated reference checks.

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Verusen and NTT DATA GSL Form Business Alliance to Transform SAP Materials and Inventory Management Deployments Through AI

As manufacturers and businesses ramp up the digital transformation of their supply chains to meet challenging times during the pandemic, Verusen, the Atlanta startup that leverages artificial intelligence (AI) and machine learning (ML)  to build the intelligent, connected supply chain, and NTT DATA Global Solutions Corporation (NTT DATA GSL), a leading SAP partner in Japan, providing digital transformation and information technology services worldwide together with NTT DATA Group alliance, today announced their new business alliance.  The collaboration utilizes Verusen’s cloud-based AI platform and real–time inventory data management capabilities to strengthen and optimize customers’ existing SAP supply chain and inventory management implementations. 

Verusen’s purpose-built AI platform provides a supply chain solution that transforms material data and inventory optimization to bring “material truth” to organizations. By analyzing and visualizing the inventory information stored at different locations, the solution helps clients reduce their inventory, increase working capital and prevent opportunity loss due to either excess or deficiency of inventory. The relationship marks the debut of the Verusen cloud platform in the Japanese market.

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Startup Injects Pandemic Vaccine Cold Chain With a Healthy Dose of High-Tech

The combination of artificial intelligence (AI) and Internet of Things (IoT) technology (AIoT) may be the biggest disruption to the industrial refrigeration industry since the invention of the first commercial ice-making machine two centuries ago.

In this second year of a modern pandemic, startup Youtiligent has developed an AIoT-based technology to help companies keep vaccines cold across complex distribution supply chains. Moving far beyond sensor-based temperature monitoring, Youtiligent’s promise is to securely capture real-time electric power anomalies in onsite commercial refrigerators, allowing distributors to take action before vaccine spoilage.

“Sensors that capture when a product’s temperature has decreased below the acceptable degree range are not effective when it comes to distributing something like the coronavirus vaccine,” said Avichai Belitsky, co-founder of Youtiligent. “We combined AI with IoT technology to deliver real-time alerts for cost-effective predictive and preventive maintenance. Organizations can act faster in making data-driven business decisions based on what’s happening in real time, such as sending in a repair technician before it’s too late.”

EKG for cooling appliances

Based in Israel, Youtiligent is piloting its offering with healthcare organizations in that country. Belitsky also expected high interest from refrigeration manufacturers and pharmaceutical companies, as well as medical and other institutions with clinics, pharmacies, and research labs, such as hospitals and universities. The startup continues to serve customers in its original target markets that include the food and beverage and retail industries.

“This is what we call the ‘EKG for appliances,’ tracking electric current across compressors, engines, and pumps that power any cooling machine, whether it’s making ice cream to be sold the next week or cooling expensive chemicals that researchers can safely store and use over many years,” said Belitsky. “Every machine action has a unique fingerprint, and being able to track each one with algorithms yields valuable, actionable insights.”

Real-time data prevents problems, opens opportunities

When the customer connects a machine’s power cord into the Youtiligent “smart” plug at the wall socket, the solution’s AI and IoT technology translates the electric consumption signals, by machine part, into usage data that’s saved in the cloud. As the technology detects potential problems, it sends real-time alerts to designated contacts on any device. People can also view detailed historical activity dashboards for recordkeeping and proof of cold-chain compliance.

“Our plug-and-play solution delivers significant ROI with low total cost of ownership,” said Belitsky. “Manufacturers in some industries also like this solution because they can offer products-as-a-service, whether they embed Youtiligent into new refrigerators or as an aftermarket add-on to customers with existing machines.”

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How to Genetically Sequence the Life Cycle of a Trend

Hindsight may be 20/20, but with artificial intelligence (AI)-fueled technology you just might be able to see into the future before anyone else. NWO is a U.S.-based startup piloting a predictive trends platform designed to capture the fast-changing voice of the consumer.

“We’re genetically sequencing the life cycle of trends as they’re created and evolving. You can select any topic in the world and immediately have a full report documenting how saturated a trend is in the minds of consumers, globally and by region,” said Sourav Goswami, co-founder of NWO. “It’s like talking to a human expert who can tell you when, where, and why a trend is growing, declining, or about to reach an inflection point with impact on your business.”

Among the recent early signals Goswami held up as proof of NWO’s prescience were reports predicting the resurgence of Bitcoin, the financial impact of locust swarm movements on sugar and cotton futures, and notably, in the fall of 2020, a firestorm of online and offline behaviors around guns and tactical weaponry that constituted an “electoral powder keg” months before an angry mob stormed the U.S. Capitol.

The startup is working with beta customers in product innovation, marketing, and supply chain management at companies in the U.S. and Europe – and has plans to move into Asia and the Middle East. While initially targeting consumer brands, Goswami said NWO’s offering cuts across any industry, such as logistics and supply chain companies.

Predictive Insights from Unexpected Inflection Points

Operating like a search engine that filters data from keywords, NWO is deceptively simple. However, a proprietary algorithm translates time-shift lagging indicators into predictive insights. The system generates detailed trend reports in about 60 seconds, analyzing patterns from tremendous amounts of social media chatter, news, and search activity, as well as information from various databases, such as patents and filings from the Federal Drug Administration in the U.S. and its European counterpart, along with the U.S. Securities and Exchange Commission.

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SAP Startup Spotlight: Future Grid

SAP invests in a lot of promising startups, and it’s sometimes hard to keep track of all of them. E-3 Magazine has selected the most interesting companies to showcase in our SAP Startup Spotlight Series. In this article, we will take a look at Future Grid.

Chris is the co-founder and CEO of Future Grid. He is dedicated to helping utilities around the world to integrate renewables at scale and thus decarbonising the grid. With over 20 years of experience in the energy market working for companies like AusNet Services, AGL in Australia, and the startup GridNet in San Francisco, he is well connected within the industry. Chris is a wine connoisseur, a coffee lover, and enjoys riding his bike. In this interview, he talks about what his company has to offer and what’s next for Future Grid.

E-3 Magazine: What exactly does Future Grid offer?

Chris Law: Future Grid is a software that turns smart meter data into improved grid reliability, asset management, and customer safety. Our software creates new visibility into the health of critical yet ‘invisible’ electricity assets such as wires, transformers, and fuses in support of the transition to renewable energy. Using Future Grid’s software, utilities are empowered to manage the increasing shifts in power quality due to renewables. Utilities can then deliver safe and reliable electricity to their customers. That’s how Future Grid is enabling the renewable grid of the future.

How does your solution work?

Law: Future Grid is a software that works by creating a real-time feedback loop that updates key utility systems with real-time insights from invisible assets within the grid. The Future Grid software has been designed to integrate many different sources within the utility, including smart meters, to create a near real-time ‘map’ of grid assets and network health. Future Grid will then execute a range of real-time analytics and integrate the results back into key systems such as SAP, ADSM, and GIS for operational actions. We call this the feedback loop, as for the first time, utilities have the ability to take grid edge data from smart meters (and in the future DER) and feedback real-time insights to help inform grid operations and control.

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