SAP Kicks Off SAP.iO Foundry Paris for Procurement Startups

 SAP SE (NYSE: SAP) announced that SAP.iO Foundry Paris kicked off its new accelerator program focused on procurement. Over the next 10 weeks, SAP will accelerate eight startups selected for their innovative approaches to supply management, user experience and process automation.

The startups will have access to technical integration guidance, curated mentorship, and exposure to SAP technology, and they will join Ariba Network, the world’s largest B2B sales network of 4.6 million business partners in 190 countries. This will help SAP to provide customers with solutions that complement its SAP S/4HANA and SAP Ariba offerings.

“Procurement is an essential part of companies’ operations that can prove to be a real economic lever,” SAP.iO Foundry Paris Director Sébastien Gibier said. “We have been able to observe various areas of improvement in the sourcing process that can guarantee companies greater efficiency, transparency and security. The eight selected startups will create innovative solutions that complement those of SAP and bring more value to our customers.”

The SAP.iO Foundry Paris cohort members are the following:

  • Archlet.io is an intuitive sourcing consulting platform that allows buyers to better anticipate negotiations by relying on more-advanced market data linked to the company’s purchasing data.
  • Chai is an English web application that uses state-of-the-art AI with relevant data to make price predictions on a cross-section of commodities, giving customers access to important data in the form of price forecasts.
  • Deployed is an English platform used to efficiently digitalize specifications. It uses a combination of questions and answers to write a complete and accurate specification.
  • Flowlity is a French SaaS planning solution that optimizes inventory management between companies and suppliers. Flowlity reduces the risk of overstocking and shortages by issuing alerts when certain anomalies are detected. This allows companies to act as quickly and avoid costly interruptions.
  • Per Angusta is a French collaborative SaaS solution for performance management. It enables companies to optimize their expenses, reduce risk taking, prioritize projects and measure objectives.
  • Scalue is a German web application that enables companies to identify various areas of potential savings and optimize their purchasing processes.
  • Trustpair is a French SaaS solution designed for financial departments to secure different transactions and banking information with different providers.
  • Winddle is a SaaS platform with a collaborative approach to optimizing and promoting supply-chain monitoring.

This is the fifth program at SAP.iO Foundry Paris and marks its second anniversary.

SAP Enhances Logistics Business Network to Increase Visibility, Traceability, Reach and Expands Partner Ecosystem

SAP SE (NYSE: SAP) today announced a new release of SAP Logistics Business Network, with new capabilities to increase logistics network visibility, collaboration and reach.

SAP Logistics Business Network enhances coverage for additional modes of transport through new and existing partners, such as the following:

  • project44 provides business-to-business connectivity for freight contracting and visibility capabilities for real-time road shipment tracking and global live ocean tracking.
  • ClearMetal provides in-transit container and shipment tracking with machine learning to cross-reference inputs to further advance ocean-tracking choice to customers.
  • Shippeo, a European market specialist, provides its carrier network, regulatory expertise and data intelligence to connect carriers and the truck telematics systems of millions of trucks for road shipment tracking.

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SAP.iO Fund Invests in Neural-Based Search Company Jina AI

SAP SE (NYSE: SAP) today announced that its investment arm, SAP.iO Fund, has backed Jina AI, a Berlin-based company providing an open source neural search solution.

Jina AI combines recent advances in machine learning for computer vision, speech recognition and natural language processing into a new search platform to provide greater accuracy, flexibility and adaptivity to search inputs.

The core project of Jina AI is called Jina on GitHub, allowing users to create a cloud-native search solution powered by deep learning in just minutes. Jina slashes from months to minutes the time it takes to build a production-ready neural search system well suited to business environments that require a fast and lightweight development cycle. Since its release on GitHub in May 2020, this project already has attracted more than 2,000 commits from 48 contributors worldwide. As of now, Jina supports searching text, image, video, audio and cross-modality data, with support for more data types coming in the future.

“As companies accelerate their digital transformations, a clear need has emerged for better, more accurate enterprise search,” said Ram Jambunathan, SAP senior vice president and managing director of SAP.iO.  “We are excited by Jina AI’s potential to provide a highly accurate search solution for SAP customers.”

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SAP.iO Foundry New York Launches Accelerator Program for Women and Diverse Entrepreneurs Focused on Retail, Manufacturing and Automotive Technology

NEW YORK — SAP SE (NYSE: SAP) has announced the launch of the SAP.iO Foundry New York Fall 2020 virtual accelerator program with six early-stage enterprise startups led by women and/or diverse entrepreneurs. These startups are driving innovation with solutions relevant to the retail, manufacturing or automotive industries.

“Digitalization is advancing enterprise business progress more than at any other time in history,” said Vanessa Liu, head of SAP North America Foundries. “Understanding that startup innovation can drive value for our customers and partners in these industries in a post COVID-19 global society, we welcome these entrepreneurs from diverse backgrounds to the SAP.iO family.”

SAP customers need to adapt quickly to market dynamics, and this requires an unparalleled commitment to digitalization. To this end, SAP.iO remains committed to its SAP.iO No Boundaries initiative, announced in early 2019, and to the belief that a healthy ecosystem includes entrepreneurs from diverse backgrounds.

“We welcome this innovative group to the New York Fall 2020 cohort,” said Peter Maier, SAP president of Industries and Customer Advisory. “We are particularly looking forward to working with these companies on our industry cloud solutions for retail, manufacturing and automotive that will enable our customers to rapidly respond to new business requirements and drive cost-effective transformation and sustainable growth.”

The 12-week program will be held virtually. The new cohort includes startups using technologies including artificial intelligence (AI), analytics, 3D printing, robotic fabrication and ultrasonic to drive new business insights and capabilities. The cohort will have access to curated mentorship from SAP executives, exposure to SAP technology and application programming interfaces (APIs), and opportunities to collaborate with SAP customers. The program will culminate with the Demo Day in December 2020.

The SAP.iO Foundry New York cohort includes the following startups:

  • Cogniac is an enterprise platform utilizing AI, human-computer interaction tools and large-scale data management to enable easy automation of any visual inspection task for the industrial and manufacturing industries.
  • Hero is an online shopping platform that helps retail store associates connect, through text, chat and video, with hundreds of millions of online shoppers.
  • Ivaldi provides companies with a sustainable, cost-effective digital distribution solution to identify, qualify and distribute digital spare-part files for on-demand production and distribution.
  • LISNR’s ultrasonic data-over-sound technology enables proximity verification and contactless transactions for merchants, financial service providers and automotive and transportation companies.
  • Rheaply offers an award-winning asset management and exchange platform to help customers visualize, quantify and utilize their physical assets.
  • Wise Systems is an AI-driven dispatch and routing software that helps enterprises adapt to everyday challenges, improving fleet efficiency and customer service.

To learn more about SAP.iO and how SAP is helping innovators inside and outside of SAP build products, find customers and change industries, visit SAP.iO.

SAP.iO Co-Leads Innovation with Munich’s SAP Garden

SAP announced its first-ever fan experience–focused startup accelerator program. From the latest SAP.iO Foundry location in Munich, eight startups have been chosen to participate in the upcoming fall cohort held in collaboration with SAP Garden, a multipurpose sports arena being built by Red Bull in Munich’s Olympiapark.

The collaboration aims to identify innovative technologies for use in in the stadium. SAP Garden will be the new home for local top teams EHC Red Bull München and FC Bayern München Basketball as well as for public ice sports.

Red Bull and FC Bayern München have been longtime SAP customers. With a passion for innovation, creativity and success, the three stakeholders are coming together to pool their expertise to set new standards for the fan experience.

“Together with our long-standing partners and customers Red Bull and FC Bayern, we want to create unforgettable fan experiences in the SAP Garden,” said Thomas Saueressig, member of the Executive Board of SAP SE and responsible for SAP Product Engineering. “The SAP Garden will show innovative solutions and technologies from SAP and startups that put fans front and center. We are looking forward to working together with the cohort to build tailor-made solutions that elevate the fan experience in the SAP Garden.”

SAP.iO Foundry Munich is part of SAP’s strategic business unit designed to accelerate innovation and drive new business models for SAP. The SAP.iO Foundries program is a global network of equity-free accelerator programs located in strategic hubs. It provides startups with access to mentorship, exposure to SAP technologies, and opportunities to meet and collaborate with SAP customers.

The selected startups will work closely with mentors at SAP, Red Bull and FC Bayern to develop proofs-of- concept, access SAP technology and application programmable interfaces (APIs), and identify opportunities to collaborate with SAP executives and customers. The accelerator program will run for three months and conclude with a demo day in early December.

The cohort consists of the following startups:

  • Ariadne Maps provides a crowd analytics platform enabling retailers to infer meaningful insights from traffic data and trends to optimize advertising and marketing, maximize sales and offer the best service to visitors.
  • MultiBall merges sports and gaming, using fully immersive interactive solutions that combine fitness, entertainment and education while providing marketing opportunities for businesses.
  • io is reinventing the sports fan experience using augmented reality, allowing spectators to visualize and interact with live data, which is directly overlaid on top of the pitch and even on top of the players — in stadium or at home.
  • INS Insider Navigation Systems delivers a hardware-independent augmented reality indoor navigation system enabling precise 3D positioning, intuitive navigation and location-based AR content.
  • Pico turns engaged, anonymous online fans into identifiable customer profiles through personalized, one-to-one messaging, driving conversion from existing digital channels and increased revenue from enhanced sponsorships, tickets and merchandise sales.
  • TAWNY offers an emotion analytics software-as-a-service solution to capture and analyze human affective states driving consumer decisions and behavior.
  • Wagawin drives user engagement with interactive advertisements, allowing businesses to gain unique audience insights leading to more customized advertising options.
  • Zippin enables retailers to quickly deploy frictionless shopping in their stores, by employing artificial intelligence, machine learning and sensor fusion technology to create the best consumer experience. In December 2019, Zippin raised a $12 million Series A funding round, in which the SAP.iO program was a contributing investor.

TVPage Launches Ambassador Storefronts on SAP App Center

TVPage, a company that powers virtual brand ambassador storefronts for e-commerce, has launched Ambassador Storefronts on SAP App Center, the digital marketplace for SAP partner offerings.

TVPage’s Ambassador Storefronts integrates with SAP Commerce Cloud to enable online stores powered by SAP technology to launch e-commerce virtual ambassador storefronts. Companies can sell online through personalized virtual storefronts using shoppable video, product collections, and live events.

The Ambassador Storefronts app empowers subject matter experts, in-store sales associates, influencers, and consumers to promote products to social audiences and sell online

“The need for personalized shopping experiences online is growing, and the Ambassador Storefronts app by TVPag provides brands and retailers a new channel to connect with consumers in authentic ways,” said Mark Osborn, vice president of strategy and operations for the consumer products industry at SAP, in a statement. “We congratulate TVPage on their successful graduation from the SAP.iO program and are happy to see their app offered on SAP App Center, making it available to all businesses running SAP Commerce Cloud. The app provides the opportunity for businesses to enable brand ambassadors, store associates, and salespeople to connect with consumers directly through existing online stores with the Ambassador Storefronts app by TVPage.”

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TVPage Inserts Salespeople into E-Commerce Storefronts with Its Ambassador Storefronts App, Now Available for Purchase on SAP App Center

 TVPage, the company that powers virtual brand ambassador storefronts for e-commerce, today announces that its Ambassador Storefronts application is now available for purchase on SAP App Center, the digital marketplace for SAP partner offerings.

TVPage’s Ambassador Storefronts integrates with SAP Commerce Cloud to enable online stores powered by SAP technology to launch e-commerce virtual ambassador storefronts. Brands using the new integration can transform sales teams into ambassadors to sell online through personalized virtual storefronts using shoppable video, product collections and live events to drive new revenue, traffic and extended consumer engagement.

The Ambassador Storefronts app empowers subject matter experts, in-store sales associates, influencers, and savvy consumers to promote products to social audiences and sell online. TVPage enables brands to engage with consumers more personally across digital channels with contactless guided shopping.

TVPage recently graduated from the SAP.iO Foundry Tel Aviv program for early-stage companies. TVPage’s participation in the program resulted in TVPage’s integration with SAP technology, addressing the growing need for stronger digital channels in a post-COVID-19 e-commerce world. Brands in North America and Europe across beauty, lifestyle, food and beverage, electronics, sports, and more turn to TVPage’s Ambassador Storefronts app to increase revenue and optimize the consumer path to purchase online.

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VNTANA Automated 3D CMS Now Available for Trial and Purchase on SAP® App Center

VNTANA announced that its Automated 3D CMS is now available for trial and online purchase on SAP® App Center, the digital marketplace for SAP partner offerings. The company’s Automated 3D CMS integrates with SAP Commerce Cloud and delivers high quality 3D web and Augmented Reality (AR) viewer to customers.

“COVID-19 completely altered the way we interact with the world. Overnight every retailer turned into a direct-to-consumer brand whether their digital channels were ready or not,“ said VNTANA co-founder and CEO Ashley Crowder. “To capitalize on the urgent need, VNTANA’s Automated 3D CMS allows companies to take existing design files and instantly create 3D web and AR experiences while enabling global collaboration through a cloud content management system—an experience that used to take days of manual work to accomplish.”

VNTANA’s Automated 3D CMS is unifying 3D digital content across organizations by providing three key features:

  • Optimization and conversion to the needed file types for web and AR, a process that used to take days of manual work by 3D artists, but now takes minutes with VNTANA’s software, which is compatible with Browzwaer, Clo, Optitext, Roman’s CAD, and other 3D design software
  • Digital Asset Management to keep track of thousands of 3D models at scale
  • Team collaboration tools to easily share, make comments, and QA 3D models with a global team

At SAP App Center, businesses can discover approximately 1,600 innovative partner solutions that integrate with and extend SAP solutions. There, customers can find the SAP-validated partner apps they need to grow their business. And for each purchase made on SAP App Center, SAP will plant a tree. Find, try, and buy SAP partner solutions digitally at http://www.sapappcenter.com.

VNTANA is part of SAP.iO, SAP’s strategic business unit to incubate startup innovation and drive new business models for SAP. Through the SAP.iO Fund & Foundries, we helps the next wave of enterprise software innovation build products, find customers and change industries by investing in and accelerating startup innovation. The SAP.iO Fund invests in breakthrough, pathfinding early-stage (Seed to Series A) enterprise software startups who are first to capitalize on emerging trends with potential to unlock significant value for SAP and its customers. The SAP.iO Foundries are SAP’s global network of equity-free startup accelerators that help promising startups integrate with SAP solutions and accelerate their entry into a curated, inclusive ecosystem whose offerings can be easily accessed and deployed by SAP customers.

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Mercaux Customer Experience Application Now Available for Free Trial and Purchase on SAP® App Center

Mercaux announced that its In-store Clienteling, Omnichannel & Data Platform solution is now available for free trial and purchase on SAP® App Center, the digital marketplace for SAP partner offerings. Mercaux’s solutions integrate with SAP Commerce Cloud, to deliver omnichannel capabilities and personalized shopping experiences to retail businesses using SAP solutions.

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Crosschq Announces New Round of Investment from Tiger Global and Rocketship.vc

 Crosschq, pioneers of a new software category for the recruiting industry called Human Intelligence Hiring™, announced today a new round of financing that includes investment from Tiger Global Management and Rocketship.vc. This latest round comes immediately following a strategic financing from Slack and SAP.iO in June which also included re-investment from GGV Capital and Bessemer Ventures.

“We are proud to be partnering with these two great firms as we enter the next phase of our growth,” said Mike Fitzsimmons, CEO of Crosschq. “If we have learned anything from the last several months, it is that the future of work is ripe for disruption. Our use of human intelligence is becoming a foundational element of modern company building.”

Crosschq brings speed, efficiency, accuracy, transparency and accountability to the obsolete, manual process of vetting new job candidates. The new investment comes as Crosschq crosses the 100 customer milestone with customers including Dish, NBA, Upwork, Snowflake, NerdWallet and Glassdoor using the platform to enhance recruiting and make better hires.

“SAP strongly believes that the future of work is inclusive and diverse, and that starts with removing biases in the candidate experience,” said Ram Jambunathan, SAP senior vice president at and managing director of SAP.iO. “Crosschq will bring increased objectivity and consistency to the candidate reference checking process, thereby improving outcomes for both candidates and SAP customers.”

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Sampler Raises $4 Million as demand spikes amid pandemic

Sampler has raised a $4 million round in funding. The round was led by existing investors StandUp Ventures and BDC Capital with participation from EDC, Factory LLC as well as new investors from Calgary-based ​female-led financial platform​, The51. The closing was managed by Chase Irwin, partner at Dentons Canada LLP, and brings Sampler’s total amount raised in equity financing to $10.3M since its inception in 2013.

The product sampling platform, which helps CPG brands distribute product samples to digitally targeted consumers direct-to-home, saw a spike in demand as in-store sampling, trade shows, and events were cancelled worldwide as a result of COVID-19. The company experienced a 300% increase in sales in Q2 2020 compared to the same period last year and user engagement doubled during the months of March and April as consumers looked to discover new products from home.

“We’ve been working on Sampler for seven years and built a unique platform that connects brands and consumers through in-home product experiences. Though we could not have predicted the sudden shift in the market, we were ready. When the pandemic hit and in-store demos, events, and trade shows were brought to a sudden halt, brands had to quickly rethink how they were going to deliver such a crucial element of their marketing strategy as product sampling in a socially distant world. Our company’s growth accelerated quickly and we’re thrilled that this investment will allow us to continue carrying our vision forward while driving new product offerings that will change the way retailers, trade shows, and events conduct product sampling forever.” said Marie Chevrier, Founder and CEO of Sampler

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RetailNext Announces ShopSafe Initiative to Help Brick-and-Mortar Retailers to Reopen Safely

The COVID-19 pandemic has impacted the retail industry in ways no one could have imagined. A vast majority of retailers have needed to close doors, leaving many unemployed or furloughed while sales stalled. As the country begins to reopen, the retail industry is looking to stabilize and welcome shoppers back safely. It is imperative the industry keep guests and employees safe and technology can aid in this journey with transparency of crucial occupancy and shopper density metrics to help guide safer experiences in physical stores.

RetailNext, with support from a consortium of private enterprise companies, retailers, and property owners, has created ShopSafe – a not-for-profit enterprise focused on getting American retail businesses open again with infrastructure to deliver real-time occupancy data for shoppers to better understand precautionary measures in place. This free framework delivers transparency to crucial occupancy metrics to help guide safer experiences in physical stores

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SAP.iO Foundry Paris recherche des startups du domaine du « procurement » pour sa nouvelle promo

SAP.iO Foundry Paris lance un nouvel appel à candidatures pour trouver les startups qui formeront la 5ème promotion de l’accélérateur parisien. Pendant la crise du COVID-19, beaucoup d’entreprises ont connu des perturbations de leur chaine d’approvisionnement. Pour offrir de nouvelles solutions innovantes aux entreprises, SAP.iO Foundry Paris va recruter cette fois une sélection de jeunes pousses spécialisées dans le domaine de l’approvisionnement. Les startups françaises mais aussi européennes peuvent candidater dès aujourd’hui jusqu’au 19 juillet 2020 pour bénéficier, pendant 10 semaines, du programme d’accélération d’exception de SAP.

Enrichir les offres SAP S/4HANA et SAP Ariba

Cette nouvelle promotion regroupera 6 à 8 startups innovantes orientées « procurement » pouvant apporter beaucoup de valeur aux clients SAP et complémentaires aux offres leaders du marché SAP S/4HANA et SAP Ariba. Les jeunes pousses seront notamment retenues pour leurs approches novatrices de gestion des approvisionnements qui visent à simplifier l’expérience utilisateur, l’automatisation des process et une gestion des données améliorées.

Les startups sélectionnées devront répondre à plusieurs enjeux : comprendre l’univers SAP pour pouvoir construire une relation business de confiance, créer une intégration technique entre leur solution et celles de SAP et rencontrer les clients de SAP tout au long du programme. A l’issue du programme, les solutions des startups rejoindront l’App Center de SAP et notamment l’Ariba Network le plus grand réseau commercial B2B au monde avec 4,6 millions d’entreprises sont connectées dans 190 pays.

Un programme d’accélération mature qui se développe à l’échelle européenne pour dénicher les meilleures startups

Après deux années de succès, SAP.iO Foundry Paris se développe et ouvre ses portes à des startups européennes. L’objectif reste le même : dénicher les meilleures startups pour répondre au mieux aux besoins et aux attentes de SAP. Ce nouveau programme sera également virtualisé afin de permettre à toutes les startups, quel que soit le fuseau horaire, de suivre la formation.

Les startups sélectionnées feront partie d’un programme de 10 semaines et travailleront aux côtés de cadres et de mentors internationaux (cadres SAP et mentors externes) pour se concentrer sur leurs défis uniques.

« La gestion des approvisionnements des entreprises a été bousculée ces derniers mois avec la crise du COVID-19. Cette prochaine promotion vise à apporter toujours plus de valeur aux entreprises et des solutions complémentaires à nos clients SAP S/4HANA et SAP Ariba. Parce que nous souhaitons nous entourer des meilleures startups du moment, nous allons élargir la portée du programme et intégrer les meilleures pépites sur le sujet. Le programme est donc ouvert aux startups européennes avec nous l’espérons une forte représentation française ! », explique Sébastien Gibier, Directeur de SAP.iO Foundry Paris.

A propos de SAP

SAP est le leader du marché des applications d’entreprise : 77% des transactions financières mondiales passent par un système SAP. L’entreprise accompagne les organisations de toute taille et de tout secteur à mieux opérer. Nos technologies de machine learning, d’Internet des objets (IoT), d’analytique avancée et de gestion de l’expérience aident nos clients à transformer leur activité en « entreprise intelligente ». SAP dote les professionnels d’une vision approfondie sur leur activité et favorise la collaboration pour garder une longueur d’avance sur leurs concurrents. Pour les entreprises, nous simplifions la technologie afin qu’elles puissent utiliser nos logiciels comme elles le souhaitent, sans interruption. Notre suite d’applications de bout en bout et nos services permettent à plus de 440 000 clients d’opérer de manière rentable, de s’adapter en permanence et de faire la différence. Avec son réseau mondial de clients, partenaires, employés et leaders d’opinion, SAP aide le monde à mieux fonctionner et à améliorer la vie de chacun. Pour plus d’information, visitez le site www.sap.com

SAP.iO Fund Invests in Andjaro, an Internal HR Staffing Marketplace Connected to SAP SuccessFactors Solutions

SAP SE (NYSE: SAP) today announced that its investment arm, SAP.iO Fund, has invested in second round funding of Andjaro, a Paris-based company that provides real-time workforce optimization and helps manage and staff remote workers. The €13.4 million Series B round was led by Idinvest Partners and includes existing investor Balderton Capital.

Andjaro helps companies redeploy employees internally and works with SAP SuccessFactors solutions. SAP works with Andjaro to provide SAP customers with a real-time overview on staffing gaps, employee skills, availability and proximity to propose voluntary redeployment for a short period of time. SAP.iO Fund previously invested in the Balderton-led 2018 Series A round.

“SAP customers are continually exploring how to best allocate their most valuable resource — their talent — especially in the current environment,” said Ram Jambunathan, SAP senior vice president and managing director of SAP.iO. “Andjaro’s platform can provide enterprises with new opportunities to redeploy existing human resources efficiently.”

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