Find out how Clarity, a cloud-based visual asset inspection platform that is integrated with SAP’s Intelligent Asset Management suite including the Asset Intelligence Network (AIN), is able to help asset-intensive companies reduce unplanned downtime by 60%, planned downtime by 30%, AND increase inspection and maintenance efficiency by more than 80%.
Hybird is a graduate of SAP.iO Foundry Singapore: Industry 4.0: SAP S/4HANA & Digital Supply Chain (2020) Cohort.
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SAP SE (NYSE: SAP) today kicked off the SAP.iO Foundry Singapore Fall 2020 acceleration program focused on COVID-19 recovery, FinTech and spend management. The selected business-to-business startups will help SAP’s customers extend the value of their investments in SAP Concur solutions for travel and expense management.
“By helping these enterprising startups in the SAP.iO program scale, we enable our customers to benefit from the value of some of these unique solutions and emerging technologies when they become available in SAP Concur App Center,” said Andy Watson, SAP Concur senior vice president and general manager, Asia Pacific Japan and Greater China.
The selected startups 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 at the SAP.iO Cohort Demo Day in December 2020.
“COVID-19 is pushing many businesses to go digital in search of growth,” Singapore Economic Development Board Vice President Ang Chin Tah said. “The Singapore Economic Development Board is glad to support the SAP.iO Foundry Singapore Fall 2020 acceleration program, which will bring startups from all around the world to Singapore to develop products that meet the needs of the new operating environment. Singapore’s established base of industry leaders in finance and digital, as well as connectedness to regional markets, make us a great testing ground for their ideas. It is a wonderful new addition to our thriving ecosystem.”
In line with the SAP.iO No Boundaries initiative, the cohort includes several startups founded or led by female entrepreneurs, a testament to SAP’s belief that a healthy ecosystem includes entrepreneurs from diverse backgrounds.
The following startups are part of the SAP.iO Foundry Singapore Fall 2020 program:
When Rahul Nambiar, co-founder and CEO of Botsync, transformed his passion for robotics into autonomous mobile robots with three other co-founders, little did they imagine their efforts will become key in the new reality of business today.
“As a company, we want to resolve the mismatch between consumer demand and limited labor supply in the logistics and manufacturing sectors,” said Rahul. “It is estimated that by 2028, there will be 2.4M jobs unfulfilled in these industries. So, we knew there will be a definite demand for the autonomous mobile robots we are building. What we hadn’t expected was how quickly this demand would evolve.”
In today’s new normal where businesses resuming operations are facing new restrictions due to COVID-19 infection risks, the logistics and manufacturing sectors are finding it challenging to operate. They face mandatory sanitation measures, safe distancing rules, and a manpower crunch due to restrictions in travel. This has seriously affected productivity levels.
Across the world, individuals, communities, and businesses are struggling with changing regulations imposed to counter the COVID-19 pandemic. From lockdowns followed by the easing of those measures to renewed restrictions as new infection rates spike, a hodgepodge of rules and guidelines are creating confusion on how businesses should resume operations, and “who’s allowed to do what”.
Fortunately, this same set of conditions is inspiring rapid and important changes on a global scale. Amid this environment, SAP.iO has been delving deep to support startups that can help businesses and the world adapt. We’ve been building a space for collaboration to back relief efforts for COVID-19. And we’ve been amazed and humbled by the incredible amount of creativity and good work we are witnessing.
One of the efforts we are excited about stem from HyBird, a startup we are supporting as part of the SAP.iO Foundry Singapore Industry 4.0 program. Its platform, Clarity, helps alleviate health and safety risks for critical infrastructure workers.
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.
SINGAPORE — SAP SE (NYSE: SAP) today 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.
“The SAP.iO Foundry Singapore spring acceleration program will see the development of new Industry 4.0 solutions for companies in the region, and contribute to bolstering the ecosystem for startups in Singapore,” said Kiren Kumar, chief digital industry officer of Digital Industry Singapore, a government office that supports the growth of Singapore’s technology sector. “We look forward to strengthening our longstanding partnership with SAP, as we innovate and create new solutions out of Singapore.”
The following startups are part of the SAP.iO Foundry Singapore Spring 2020 program:
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Innovation is currently a hot topic on the agenda of all corporates. Nearly all of them want to ‘make innovation real’. That is, they desire to harness innovation as the catalyst for achieving real business value, business outcomes, and better experiences for their customers.
Even before the term exploded in the ecosystem and beyond, SAP has always nurtured a culture of innovation by building an infrastructure that provides a foundation for growth and innovation.
To this end, SAP.iO Foundry Singapore was launched to help startups build innovative enterprise software solutions that deliver value to SAP customers. Startups accelerated in the program have integrated their solutions with various SAP products.
The first SAP.iO Foundry Singapore includes the following startups:
1.) Adaface — Enables and automates first-round tech interviews to identify the best engineering talent faster.
2.) Flowcast — Uses patented machine-learning algorithms to harness untapped, complex data to automate credit decision-making. This provides greater visibility to customers to address underserved markets.
3.) LuxTag — Provides an anti-counterfeiting and anti-theft solution that uses blockchain-enabled traceability to deter product counterfeiting and fraud.
4.) Notarum — Provides a modern workflow tool designed to reduce busywork by automating corporate due diligence. Notarum makes performing due diligence analysis and sharing work with teammates easier than ever.
5.) Pulsifi — Predicts workplace outcomes to identify, retain and develop great people. By using artificial intelligence to incorporate multiple data sources across hard skills and soft traits, this HR analytics platform derives employee success profiles to improve HR decisions across the employee lifecycle, from hiring to development.
6.) SizeNFit — Helps online shoppers find apparel that fits. This e-commerce add-on aims to increase sales and reduce returns.
7.) TADA — Offers data-driven customer advocacy and engagement platform that helps brands moving from transactions to relationships and customers to advocates. This enables businesses to attract, engage and retain customers.
Coal mining group Geo Energy says that sustainable practices form the core of their overall strategy and is an integral part of everything they do. Tung Kum Hon, CEO of Geo Energy, speaks more about the company’s sustainability measures.
Southeast Asia also enjoys strong government backing for entrepreneurship, backed by a rising, affluent, middle class, said Scott Russell, president for Asia Pacific Japan at German software provider SAP, whose SAP.iO Foundry fund based in Singapore is in the process of accelerating seven early-stage startups. “We see innovative and ambitious startups developing across the region,” said Russell. “This is driving deal flow and overall interest from venture capitalists to invest.”
The company noted that the proceeds of this round will be used to fund the acceleration of Flowcast’s go-to-market strategy, global market expansion especially in Singapore and the APAC region, and the continuing product development and improvement. Flowcast shares that it is also participating in the SAP.iO Foundry Singapore program, which aims to accelerate startups via providing them access to curated mentorship, exposure to SAP technology, and application programmable interfaces (APIs) with opportunities to collaborate with SAP customers in the Southeast Asian region.
The SAP.iO Foundry accelerator programme connects early-stage startups to SAP and its global customer base. The program launched in 2017, with branches in San Francisco, New York, Berlin, Paris, Tel Aviv, Tokyo, and Singapore.
Silicon Valley-headquartered fintech Flowcast has raised USD 3 million in its Series A round co-led by ING Ventures and Bitrock Capital, the company said in an official statement. The company has an Asia and Pacific (APAC) office in Singapore and is currently participating in SAP.iO Foundry Singapore, the accelerator established by the German software giant SAP.
This year, we’re celebrating the 30thanniversary of SAP in APJ and I’m so excited by what the future holds for our customers, as the pace of innovation continues. I’m so inspired by the pace of innovation within our own organisation in the region. For instance: the first SAP.iO Foundry in Asia was launched in August in Tokyo, followed by SAP’s first start-up accelerator in Singapore, SAP.iO Foundry Singapore. SAP ANZ hosted its first innovation experience event, e’ffect in August and the first partner-run SAP AppHaus in the region was launched in Australia earlier this year.
Dubbed as SAP.iO Foundry the program aims to accelerate Southeast Asian startups, providing them access to curated mentorship, exposure to SAP technology and application programmable interfaces (APIs), and opportunities to collaborate with SAP customers.
The first cohort will consist of seven early-stage Intelligent Enterprise startups focused on business-to-business (B2B) technology.
SAP SE recently announced SAP.iO Foundry Singapore, its first acceleration program in Singapore.
SAP.iO Foundry Singapore program acceleration program aims to help the Southeast Asian startups for their growth, giving them the exposure to programmable application interfaces (APIs), SAP technology and curated mentorship along with the chances to team up with SAP customers.
The first cohort will consist of seven early-stage Intelligent Enterprise startups focused on business-to-business (B2B) technology.
