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.