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In Foundries, Press, Singapore

SAP gets into accelerator space in SG with 7 B2B startups

Global software company SAP has launched SAP.iO Foundry Singapore, its first acceleration programme in Singapore. The accelerator’s first cohort will consist of seven early-stage startups focused on business-to-business technologies, including several that help improve customer experience.

SAP.iO Foundry aims to accelerate Southeast Asian startups, providing them access to curated mentorship, exposure to SAP technology and application programmable interfaces, as well as opportunities to collaborate with SAP customers.

Companies currently include TADA, which offers a data-driven customer advocacy and engagement platform that helps brands attract, engage and retain customers; and Size n Fit, which provides an eCommerce add-on to help online shoppers find apparel that fits and reduce returns. Meanwhile, Flowcast uses patented machine-learning algorithms to harness untapped, complex data to automate credit decision-making and LuxTag provides anti-counterfeiting and anti-theft solutions through blockchain.

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In Press Release, Singapore, Foundries

SAP.iO Launches First Accelerator in Singapore

SAP SE today kicked off SAP.iO Foundry Singapore, its first acceleration program in Singapore. 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 is committed to Singapore’s dynamic startup ecosystem,” said Lalitha Bhaskara, head of SAP.iO Foundries Asia Pacific Japan. “We are excited to be working hand in hand over the next three months with these innovative startups to help them deliver winning outcomes and incremental value to our customers.”

The first cohort also includes several startups founded or led by strong female entrepreneurs, a testament to SAP’s belief that a healthy ecosystem includes entrepreneurs from diverse backgrounds and in line with the SAP.iO No Boundaries initiative.

The first SAP.iO Foundry Singapore cohort includes the following startups:

  • Flowcast Inc.: 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.
  • 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.
  • 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.
  • Adaface: Enables and automates first-round tech interviews to identify the best engineering talent faster.
  • TADA: Offers a 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.
  • Size n Fit: Helps online shoppers find apparel that fits. This e-commerce add-on aims to increase sales and reduce returns.
  • LuxTag: Provides an anticounterfeiting and antitheft solution that uses blockchain-enabled traceability to deter product counterfeiting and fraud.

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In Foundries, Press Coverage, Singapore

SAP launches Singapore accelerator for South-east Asia enterprise startups

GERMAN software giant SAP aims to groom South-east Asian startups specialised in enterprise tech, with the launch of its first accelerator in Singapore on Tuesday. 

Called the SAP.iO Foundry Singapore, the accelerator is kicking off with seven early-stage startups focused on business-to-business (B2B) technology. 

The startups will gain access to mentorship, SAP’s technology and application programmable interfaces (APIs), and potential collaborations with SAP customers.

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In Foundries, Press Coverage, Singapore

SAP launches Singapore accelerator for SE Asian enterprise tech start-ups

German software giant SAP aims to groom South-east Asian start-ups specialised in enterprise tech, with the launch of its first accelerator in Singapore on Tuesday (Aug 13). Called the SAP.iO Foundry Singapore, the accelerator is kicking off with seven early-stage start-ups focused on business-to-business (B2B) technology. The start-ups will gain access to mentorship, SAP’s technology and application programmable interfaces (APIs), and potential collaborations with SAP customers.

Participants focused on workplace tools include Pulsifi, which uses artificial intelligence to improve hiring and employee development decisions; Notarum, which automates corporate due diligence; and Adaface, which automates first-round interviews to identify engineering talent. Other start-ups taking part in the accelerator include Flowcast, which uses machine-learning to automate credit decision-making, and Size n Fit, an e-commerce add-on that helps online shoppers find clothes that fit.

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In Press Coverage, Singapore, Foundries

SAP’s First Accelerator In S’pore Aims To Groom B2B Tech Startups In SEA

German software firm SAP announced the launch of its first startup accelerator in Singapore.

Called SAP.iO Foundry Singapore, the firm is looking to groom Southeast Asian startups that have a focus on enterprise tech.

Startups under their accelerator won’t just gain access to SAP’s APIs and tech, but will also benefit from mentorships and potential collaborations with SAP customers.

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