When we officially launched the SAP.iO Fund & Foundries in March of 2017, we were taking a bet that we could help “kick-start” an early-stage ecosystem comprised of great startups who could deliver value to our customers. We also realized we needed to find a new way to address the pains they consistently cited.
Germany-based software firm SAP has started the selection process for the first batch of participants in its SAP.iO Foundry Singapore, an initiative aimed at helping early-stage Southeast Asian startups focused on technologies such as machine learning and blockchain.
Once upon a time, the startup vs. big company story was like that of David and Goliath. The large company, comfortable in its market dominance, only to be upset by the agile, hungry, underdog startup who used its lowly position to have an ear closer to the ground of innovation. The managing Director of SAP.iO had the privilege of helping to direct a different story: that of the mouse and the lion realized how their unique strengths and sizes can complement each other.
Verusen launched its pioneering cloud platform at the “Salute to Digital Innovation and Intelligence in the Supply Chain” event. Verusen is a SAP.iO company that provides artificial intelligence to harmonize and provide visibility into materials inventory data from ERP and other systems
European multinational SAP SE is opening an accelerator program in Tel Aviv designed to support early-stage startups building innovative software, the software corporation said in a statement. The 12-week program, dubbed SAP.iO Foundry, will start in July 2019 and will work with 10 startups “focused on deep technology and the intelligent enterprise to deliver incremental value to SAP’s customers,” the company said.
SAPジャパン株式会社（本社：東京都千代田区、代表取締役社長：福田 譲、以下 SAPジャパン）は、本日、スタートアップ向けのアクセラレーションプログラム「SAP.iO Foundry Tokyo（エスエーピーアイオー・ファウンドリー・トウキョウ）」を発表するとともに、支援対象となるスタートアップの募集を開始しました。今回は6～10社のスタートアップを選考し、2019年6月から12週間にわたるスタートアップ支援プログラムを展開予定です。
If you’re in Atlanta this weekend for the big game, you may see vans with the distinctive Goodr branding driving around the city. From working with the busiest airport in the world, Hartfield Jackson, to now becoming the ‘Official Food Diversion Partner’ for the game and hosting #GoodrBowl, Goodr is on a mission to fight hunger with technology…
SAP SE (NYSE: SAP) today announced the launch of the SAP.iO Foundry San Francisco Winter 2019 Cohort. During the next three months, SAP will accelerate seven HR technology startups from across the globe as part of the program.
In collaboration with SAP SuccessFactors management, the announcement will be made at the Cohort Launch Day at the SAP.iO office in San Francisco…
As the first company in the business software industry to do so, SAP pledges to commit up to 40 percent of the investable capital in the SAP.iO Fund and scale the SAP.iO Foundries program with focus on inclusive entrepreneurship. The goal is to help at least 200 startups around the world within the next five years.
On Sunday, January 20, software giant SAP became the latest company–and, it says, the only business software company–to target a share of its venture investments directly to women and underrepresented minorities.
Its fund, called, was launched in 2017 and invests in business-to-business startups that are a fit with SAP’s own technology platforms. With $35 million to invest, it’s already put about $4 million to work in 15 companies, 60 percent of which are in the U.S. Now, under an initiative called No Boundaries, the fund will invest 40 percent of its money in women and underrepresented minorities, says SAP chief strategy officer Deepak Krishnamurthy. He says the company will start ramping up its Asia-Pacific focus within the next year.
SAP will commit to using up to 40 percent of the capital of its SAP.iO-Fund to promote start-ups founded by women or minority individuals. “SAP is committed to improving the competitive environment for founders and minority founders in the start-up ecosystem,” said SAP Chief Strategy Officer Deepak Krishnamurthy. “And we do not do that to calm a bad conscience, but because often, women have the better ideas and make better returns in our fund.” (Original in German)
Today, we are thrilled to welcome eight companies comprising our second class at SAP.iO Foundry NY. For this cohort, we wanted to take our vision of inclusive entrepreneurship a step farther beyond the work we did with our inaugural cohort of women-led enterprise tech startups. Stemming from a desire to use technology as a catalyst for action and change, we not only wanted to work with a class of women and diverse founders, but those that everyday are making a social impact in sustainability or helping companies do business without bias.
Europas größter Softwarekonzern SAP will für Zukäufe nicht mehr tief in die Taschen greifen. “Wir haben alles, was wir brauchen”, sagt Strategiechef Deepak Krishnamurthy in einem am Freitag veröffentlichten Gespräch mit der Nachrichtenagentur Reuters.
Alexa Gorman, global vice-president of the SAP.iO Fund and Foundry, presents her keynote during the ‘Artificial Intelligence as Ally for Inclusion’ session at Inspirefest 2018.