Verusen Debuts on Supply & Demand Chain Executive’s SDCE 100

 Verusen, an innovator in artificial intelligence, materials inventory and data management technology, announced today that it has been named to the Supply & Demand Chain Executive’s SDCE 100 for 2020. The prestigious list spotlights successful and innovative projects that deliver bottom-line value to small, medium and large enterprises across the range of supply chain functions. These projects can serve as a map for supply chain executives looking for new opportunities to drive improvement in their own operations.

Verusen’s successful work with a Fortune 500 pulp and paper manufacturer with more than 60 North American facilities exemplifies the impact its AI-based intelligent technology platform can quickly make. The manufacturer set an aggressive initiative to reduce working capital by $5 million, obtain enterprise inventory visibility and rebalance inventory through a virtual maintenance, repair and operating (MRO) inventory network.

With Verusen’s cloud platform, the team laid the appropriate data foundation by structuring its material master (MM) data in weeks instead of a year. AI ultimately cleansed the MRO data, allowing the company to begin a “self-cleansing” data strategy as well as an internal “buy-from-self-first” inventory optimization strategy. Additionally, the AI delivered optimized insights on where inventory could be reduced as well as how to avoid creating excess. In less than 100 days, Verusen’s AI platform produced more than $20 million in verified savings.

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SAP.iO Foundry Paris recherche des pépites de l’approvisionnement pour sa cinquième promotion

SAP.iO Foundry Paris lance un nouvel appel à candidatures pour trouver les startups qui formeront la cinquième promotion de son accélérateur. Pour répondre aux défis posés par la crise du COVID-19, cette cohorte sera spécialisée dans l’approvisionnement. Les startups françaises mais aussi européennes peuvent déposer leur candidature jusqu’au 19 juillet pour espérer bénéficier, pendant 10 semaines, du programme d’accélération de SAP.

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En bref, les actus de Flitdesk, SAP.iO et Des Bras en Plus


SAP.iO Foundry Paris lance un nouvel appel à candidatures pour trouver les startups qui formeront la cinquième promotion de son accélérateur. Pour répondre aux défis posés par la crise du COVID-19, cette cohorte sera spécialisée dans l’approvisionnement. Les startups françaises mais aussi européennes peuvent déposer leur candidature jusqu’au 19 juillet pour espérer bénéficier, pendant 10 semaines, du programme d’accélération de SAP

Lire la suite…

SAP Foundry in Tel Aviv Launches 2nd Cohort with 7 Startups

German multinational SAP SE launched the second cohort of its foundry program in Tel Aviv this week, run by the company’s venture capital arm SAP.iO. Seven new Israeli startups in the consumer products industry are taking part in the second cycle of the program, launched with a virtual kickoff event on Monday.

The seven selected startups are:

  • Aiola, which developed an analytical product for CPG (consumer packaged goods) companies that integrates with consumer data from the ERP, CRM and BI systems, and creates advance analytical models using deep learning technologies.
  • Hexa, an immersive content (3D/AR) as-a-service company that converts retail partners’ existing imagery into 3D and AR assets. Hexa’s customers include Macy’s, Google, Logitech.
  • Pecan, an automated predictive analytics platform that does not require any data scientists or data science capabilities. The startup emerged from stealth mode in February, announcing a $15 million funding round led by Dell Technologies Capital and Israeli VC firm S Capital.
  • Sampler, a direct-to-consumer product sampling platform that helps brands deliver samples online and gather insights to build one-to-one relationships with consumers. The company says it works with over 300 brands including L’Oréal, Nestlé, Unilever, and Pepsi.
  • SRP, which helps connect brands, local stores, and consumers on a single Nearby Platform (NP) to boost business and create a unique direct-to-consumer sales channel (D2C). Stores in the private sector use SRP’s mobile app to manage relationships with vendors, customers, and store operations “in a way that was until recently exclusive for large retailers.”
  • TrenDemon, which provides content marketing insights and automation. The solution helps marketers, advertisers, and publishers better understand the impact of their content on revenue.
  • TVPage, a company that allows retailers to sell their products online via brand ambassadors and digital storefronts.

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SAP.iO Foundry Tel Aviv’s Second Cohort to Focus on Consumer Products Industry

SAP.iO Foundry Tel Aviv announced the launch of its second program, focused on startups in the consumer products industry, with a virtual kickoff event that took place on Monday. “We understand that especially now, in light of the Covid-19 crisis, even the best startups will need support in reaching global markets and we are fully committed to supporting our selected portfolio companies in doing so, together with SAP,” said Lior Weizman, director of SAP.iO Foundry Tel Aviv.

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Plum Continues to Expand Their Enterprise Customer Base, Gaining Bentley Systems as a Customer

Plum, a software-as-a-service company that provides enterprise organizations with the data they need to quantify the potential of their workforce, announced today that they acquired a new enterprise customer, Bentley Systems, the leading global provider of software solutions to engineers, architects, geospatial professionals, constructors, and owner-operators for the design, construction, and operations of infrastructure, including public works, utilities, industrial plants, and digital cities.  

A number of large enterprises, including Scotiabank, Deloitte, SAP, Bloomberg, and Hyundai, are using Plum to enable data-driven decision-making when it comes to their talent acquisition strategies. 

Plum CEO Caitlin MacGregor says, “We are seeing success growing our customer base with enterprise companies that are focused on improving candidate experience, reducing bias in the hiring process, and helping provide efficiency in their recruitment pipeline. We’re excited to support Bentley Systems in these endeavors.” In September Plum announced a $4.2 million round of seed funding to continue to focus on their product strategy and grow their enterprise customer base.

Working in close collaboration with SAP SuccessFactors and as a SAP App Center partner, Plum provides added value to the SuccessFactors recruitment module. The SAP SuccessFactors partnership was a key factor in the decision to purchase Plum, says Bentley Systems’ Chief Talent Officer Florence Zheng. “Leveraging predictive talent data will enable Bentley Systems’ teams to be even more effective in our process and ensure that we are placing the right people in the right roles,” said Zheng. “There are a lot of great tools out there. The integration of Plum in SuccessFactors, besides the value Plum brings to the talent acquisition process, makes it a perfect choice for us.

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SAP: Accelerator Program helps B2B Startups in Tel Aviv

By launching its consumer products focused, business to business (B2B) technology accelerator program at SAP.IO Foundry in Tel Aviv, the software company will begin its focus on seven startups in manufacturing, supply chain, and sales and marketing. Those within the program will have access to curated mentorship, as well as exposure to SAP technology and application programmable interfaces (APIs), and collaboration opportunities.

“Our customers are looking for innovative solutions to help improve agility and speed, especially in these challenging and transformative times,” commented Peter Maier, SAP president of Industries and Customer Advisory.

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Express Scripts is offering SilverCloud Health’s line of mental healthcare tools for free

The pharmacy benefits manager (PBM) is offering digital therapeutics (DTx) vendor SilverCloud Health’s line of tech-enabled mental healthcare solutions to the consumers it serves free-of-charge during the coronavirus pandemic, FierceHealthcare reports.

For context, PBMs generally act as middlemen between drug makers, retailers, and insurers, and are largely responsible for setting the price of pharmaceuticals. But in the past year, Express Scripts and other leading players have branched into the digital health realm to craft lists of effective DTx tools that their payer clients can sift through, which can help them choose the solutions they’d like to offer their members.

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SAP.iO Foundry Singapore Launches Industry 4.0 Startup Acceleration Program

  • kicked off a new SAP.iO Foundry Singapore program, with five international startups that will help SAP customers become Industry 4.0 businesses and go beyond digital manufacturing to seamlessly connect all aspects of an entire company.

This cohort will work to develop technologies to enable businesses to extend the value of their investments in SAP S/4HANA and SAP Digital Supply Chain solutions.

“Singapore has developed a vibrant startup ecosystem and is the gateway to the ASEAN region,” said Rachel Barger, SAP South East Asia president and managing director. “SAP continually partners with other solution providers, including startups in Singapore, to help organizations unlock value with the latest Industry 4.0 technologies.”

SAP.iO Foundry Singapore accelerates innovation and drives new business models for SAP. The zero-equity-ask program provides startups with curated support from within and outside of SAP, exposure to SAP technologies, and opportunities to collaborate with SAP customers. The program will conclude at an SAP.iO Demo Day in the beginning of June.

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SAP.iO Foundry Paris dévoile sa promotion de 8 startups ”Spécial RH”

Pour sa nouvelle édition baptisée “Future of Work“, SAP.iO Foundry Paris a sélectionné huit startups oeuvrant dans les Ressources Humaines (HR Tech).
Les solutions des jeunes pousses retenues devaient compléter fonctionnellement SAP SuccessFactors, la solution RH de l’éditeur utilisée par 125 millions d’utilisateurs à travers le monde. Un échange gagnant/gagnant à travers lequel chaque jeune pousse se voit ouvrir les portes d’un marché mondial, et SAP propose à ses clients des extensions à valeur ajoutée s’intégrant simplement à son offre.
«Aujourd’hui, toutes les entreprises sont conscientes de l’importance du capital humain dans la stratégie,» plaide Sébastien Gibier, directeur de SAP.iO Foundry Paris.
Dans cet article, Sébastien précise les avantages réservés à ces jeunes pousses et explique les enjeux de cette sélection pour l’écosystème de SAp et pour les clients de SAP SuccessFactors.


L’article propose de nombreuses illustrations et dresse un tableau des startups en mentionnant leur activité, la date de création, les cofondateurs, les montants déjà levés…

Israeli startup Revuze raises $5 million Series A for customer analysis software

Israeli market research startup Revuze has raised a $5.1 million Series A round led by Maverick Ventures (Israel), with support from existing investor Prytek.

Revuze has built a machine-learning system to analyse customer opinion, providing market insights on a user’s own products and brands, as well as any competitors. Standard reports such as Net Promoter Score (NPS) and consumer satisfaction (CSAT) are also included.

The startup says the software allows business owners to make decisions without the help of specialists such as analysts, data scientists, and information technologists.

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SAP : Kicks Off SAP.iO Foundry Paris for HR Tech Startups

SAP announced that SAP.iO Foundry Paris today kicked off its new accelerator program focused on human resources (HR) technology and the future of work.

Over the next 12 weeks, SAP will accelerate eight HR technology startups that will revolutionize recruiting, talent management and collaborative learning for human resources.

The selected startups will have access to technical integration guidance, curated mentorship, exposure to SAP technology and opportunities to collaborate with SAP SuccessFactors customers. Five major SAP customers also will collaborate with and help guide the participating startups.

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Enterprise Speech Recognition Startup Deepgram Raises $12M

Speech recognition technology startup Deepgram has closed a $12 million Series A funding round led by Wing VC along with NVIDIA, Y Combinator, and other investors. The funding comes as the company debuts new features for its enterprise-focused automatic speech transcription and analysis platform.

Deeper Learning

Businesses are growing to rely on artificial intelligence to record, transcribe, and analyze phone calls, meetings, and other audio. The speed and low cost of using AI can make up for the errors and sometimes imprecise analysis that results. Deepgram claims its approach can outperform the industry standard without sacrificing the speed and cost benefits.

“The old way of doing speech recognition is not going to be the same as future versions,” Deepgram CEO Scott Stephenson told Voicebot in an interview. “The heuristics model of speech recognition has too many flaws; it’s why I wanted to start Deepgram. When we began, we decided to start from scratch with end-to-end deep learning.”The AI now can learn their jargon, learn the background noises at their meetings, and learn their natural cadence of speaking.”

Almost five years after its founding, Deepgram’s platform now offers multiple price points depending on just how precise the client wants the transcription and analysis to be. Stephenson explained that because Deepgram is built on deep learning rather than heuristics, adjusting precision is relatively straightforward, and the standard version platform can outperform most other options.

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ClearMetal Launches Next-Generation CDX Platform 2.0

ClearMetal, a leader in Continuous Delivery Experience (CDX) for Supply Chain and Logistics solutions, announced today the launch of its transformational CDX Platform 2.0. This next-generation Software-as-a-Service (SaaS) platform transforms supply chain delivery and experience using patent-pending data science and machine learning. This launch adds a number of new collaboration and planning capabilities across multiple transportation modes beyond ‘ocean freight’– all which drive ROI and Amazon-like customer-centricity for the world’s largest supplier, manufacturer and retailer supply chains.

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Hasura announces new funding for product and data delivery with GraphQL

Hasura has raised $9.9 million in a Series A round of funding. According to the company, the money will go to accelerating product and data delivery using GraphQL. Hsaura provides solutions that automatically creates real-time GraphQL APIs, giving users instant access to data. 

The round of funding was led by Vertex Ventures US with participation from SAP.iO Fund, Nexus Venture Partners and Strive VC.

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