U First Capital is bringing together big companies, venture capitalists, startups, universities, to to explore investments in internet of things (IoT) and artificial intelligence startups. U First Capital’s advisory board has venture capitalists and executives from Fortune 500 companies including SAP’s Ram Jambunathan (managing director, SAP.io venture capital fund) and Manju Bansal (vice president, SAP).
Reimagining a future that’s representative of all people will help make companies more prosperous. In addition to paying economic and social dividends in the long run, diversity creates an environment where everyone is able to be their best selves.
SAP recognizes the crucial need for improvement in an industry where, in 2017, only 2.2 percent of venture capital went to women-only founded startups, according to data from PitchBook Data Inc. In that year, it also found that less than 13 percent of venture capital went to U.S. startups having at least one female founder.
German multinational software firm SAP SE has announced the launch of the SAP.iO No Boundaries initiative, which seeks to invest in entrepreneurs from underrepresented groups.
Over the course of the last two years, our team has grown from eight people to more than one hundred twenty. It’s been a sight to behold. But growth also brings its own challenges. Two years ago, we were in the trenches together day after day. We were close to the problems. The field of battle was concentrated. Today, the theater has sprawled. We have distinctly different businesses, different foci, and different skills. We have matured as an organization. And that maturity creates distance between each of our leaders and those on the front lines.
Software and technology services vendor SAP SE wants to help managers improve their leadership skills and retain employees by launching about a dozen mobile and desktop applications that incorporate data analytics and machine learning.
From the largest of the Fortune 500 to the smallest startup, no business is one of infinite resources. You have a certain amount of cash, and then it’s gone. This reality clashes with an underlying value of customer service; customer correctness. It’s impossible to have limited cash and adhere to the slogan that your customer is always right. He’s not…