Tel Aviv Archives • Page 2 of 11 • SAP.iO

SAP.iO In Tel Aviv, Supply Chain Management

Unlocking value from smart meter data with NET2GRID

There is no doubt that we are facing a harder winter than ever before. We hear more reports on the news about low-income families in Europe that simply can’t afford to pay they energy bill. With the current uncertainty in the international geopolitical arena, combined with the changing climate due to global warming, such situations will only repeat themselves more and more.

Smart meter data can actually be very valuable for energy suppliers and utilities in such times and can help them better adjust and expand their services. This is exactly why we partner with companies like NET2GRID. The NET2GRID solution will improve three capabilities:

1. Better customer experience, by giving insights to households about their energy consumption. NET2GRID delivers a white label app or an API which energy suppliers can integrate into their own energy app.

2. The second one is customer intelligence, by building profiles of customers and better knowing your customer. Thus, enabling energy retailers to give targeted advice and offers to their customers to become more energy efficient

3. Enabling better demand forecasting in their energy procurement and reduce imbalance costs by considering distributed energy resources like EV and Solar PV using disaggregated data.

Listen in as Lior Weizman from SAP.iO, Berend Olde Rikkert, Chief Commercial Officer at NET2GRID (an SAP partner), and Jörg Ferchow, Chief Solution Manager at SAP, discuss how energy suppliers and utilities can better leverage their smart meter data.

SAP.iO In Tel Aviv, CRM & Customer Experience

Jebbit Releases Sixth Consumer Data Trust Index Revealing Ranking Consumer Trust in World’s Leading Brands

Study Reveals Opportunity for Brands to Improve Consumer Data Privacy Education and Communications; Data Collection Remains at the Core of Consumer Trust

75% of brands report greater difficulty building and maintaining trust with their customers post-pandemic, although online shopping is up 63%

Jebbit, the provider of the world’s leading Zero-Party data platform, announced the release of their annual Consumer Data Trust Index (CDTI), a report surveying consumer trust in 100 of the world’s leading traditional, small, and D2C companies. The survey methodology asks adult consumers in the United States to rate, on a scale of one to 10, their level of trust in brands to use their personal data in exchange for more relevant offers, goods and services, and elicits feedback on how much control consumers want over their data and how it is utilized. The recurring study, first published in 2018, indicates consumers’ distrust in major brands continues to increase as many businesses that once held top spots on the consumer trust index have made major shifts down the ranks.

In 2021, data privacy took center stage with the passage of the Data Protection Act of 2021, Google and Apple’s hallmark operating systems privacy changes, and Google’s announcement of their plans to phase-out the use of third-party cookies. This year’s report revealed 71% of consumers surveyed support federal data privacy legislation, yet 30% were unaware that Apple and Google made data privacy changes at all, indicating there’s a huge opportunity for brands to better educate consumers. In fact, 49% of consumers polled stated that data transparency communications, cookie consent banners, and privacy emails make them trust a brand more. The report supports the rise of first-party data and trends like quiz commerce, which has become the leading strategy for brands across the globe to exchange privacy-safe data in a way that builds, rather than erodes, consumer trust.

Meet Wisy, the Cloud Wars Startup and Innovator of 2022

The Innovation Path at Cloud Wars Expo featured cloud-native startups; judges selected a short-list of five top competitors, and a Cloud Wars Startup of the Year. The overall winner was Wisy.

Wisy is featured on Episode 22 of the Cloud Wars Horizon Minute — a video which features news and commentary hosted by Acceleration Economy analyst Tom Smith. Each episode provides insights into one or more Innovation Accelerators on the Cloud Wars Horizon. This is a special episode focused on the Innovation Path at Cloud Wars Expo and the winner, Wisy, which was profiled previously along with the other participants in the event.

Watch Episode Here…

SAP.iO In San Francisco, Tel Aviv, CRM & Customer Experience

Wisy Retail Intelligence App Headlines Cloud Wars Expo Innovation Stage

Cloud Wars Expo Day Three concluded with a flurry of quick-hit presentations from industry startups on the expo floor’s aptly-named Innovation Stage. An array of services, apps, and tools were presented to a panel of four Acceleration Economy experts, including Cloud Wars Founder Bob Evans. From on-demand spare parts to products designed to streamline and diversify hiring processes, the focus of each presentation aimed to solve one of today’s universal business challenges.

Each presenter was held under a hard cap of just three minutes to present their unique business solutions, with five — Cloudthread, Crosschq, Insite, Najaxa, and Specright — earning their way onto the judges’ designated “short list” and qualifying for $20,000 of additional marketing aid each from the Acceleration Economy platform.

SAP.iO Launches Resilient Supply Chain Startup Program in Collaboration with Accenture

April 06, 2022 — SAP SE (NYSE: SAP) has launched a virtual startup program focused on building a resilient supply chain at the SAP.iO Foundries Munich and Tel Aviv. A jury of experts from SAP and Accenture, alongside SAP partners and SAP customers including Siemens, Porsche Digital selected 12 startups from four supply chain domains to join the program.

The program builds upon SAP and Accenture’s long-standing partnership and shared commitment to using technology to help the world build a more resilient Supply Chain. The startups in this cohort will receive curated mentorship, access to SAP technology and application programming interfaces (APIs), and exposure to SAP and Accenture customers to develop high-impact proofs of concept.

Supply chain operations often represent the greatest area for risk and loss in many companies. By their nature, supply chains are globally dispersed and complex in their functionality. This makes them especially vulnerable to risk. Resilient supply chain technologies reduce risk by allowing visibility into all operations across the network – and empowering businesses to optimize and adapt their processes and logistics in real-time.

To address these challenges in the world’s supply chains, SAP.iO Foundries Munich and Tel Aviv joined forces and introduced the “Resilient Supply Chain” program. The cohort is the largest to date. The startups will work with the Foundries as well as leading companies from various fields on integration and partnership with SAP.

According to Jan Gilg, President and Chief Product Officer SAP S/4HANA, “A resilient supply chain, with risk strategies in place, predicts, responds and recovers from unanticipated events by either returning to its original state or morphing into a state that is even better at profitably meeting customers’ needs. It is about using the right tools to make the right business decisions, even under pressure.”

Over the next 14 weeks, the 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 around the world. Their work includes creating new partnerships and value propositions that help solve key supply chain challenges.

The following startups are participating in the program:

Business Planning & Resiliency

Bringoz – Intelligent delivery and distribution management system
Craft.co – Build a more resilient supply chain through deeper supplier intelligence
numi solutions GmbH – Enabling integrated and intelligent Supply Chain Decisions
Tacto – We build sustainable supply chains

Transportation Management

MIXMOVE AS – Pushing the boundaries of performance, efficiency and sustainability in logistics.
Portcast – Real-time predictive visibility and demand forecasting

Warehousing and fulfillment

CognitOps Inc. – Automate your warehouse management
Logidot – Optimize your industrial logistics and production with real-time tracking
Magazino GmbH – builds and develops intelligent, mobile robots that automate material supply in production logistics.
Picavi GmbH – Pick-by-Vision for cost reduction in your warehouse
Verity – Information and insights when and where you need them–powered by self-flying drones

Last-Mile Delivery

Milkman Technologies – Last-Mile is the new Retail

About SAP.iO
SAP.iO delivers new partnerships and products for SAP by accelerating and scaling startup innovation as well as incubating employee ventures. SAP.iO brings together innovators from every region, industry, and line of business to transform how businesses run. Since 2017, SAP.iO has helped 300+ external startups and internal ventures accelerate their growth while enabling thousands of SAP customers to access innovation. For more information, visit http://sap.io/.

SAP.iO In Munich, Business Technology Platform, Tel Aviv

Marketing Data Integration Solution from Adverity, Now an SAP Endorsed App, Available on SAP® Store

Adverity, the leading data integration platform for marketing, sales, and e-commerce teams, announced today that its Marketing Data Integration solution is now an SAP-endorsed app, available for online purchase on SAP® Store. SAP Endorsed Apps are a category of solutions from SAP’s partner ecosystem that help customers become best-run, intelligent enterprises. Endorsed apps are meant to deliver value with desired outcomes.

lexander Igelsböck, CEO at Adverity, commented: “For our solution to be recognized as an SAP Endorsed App is a huge achievement that clearly demonstrates the enormous value Adverity has for SAP customers. As marketing evolves, the need for data-driven marketing decisions that drive performance is becoming ever more acute, and automated data integration is a crucial step in businesses becoming more analytically and data mature.”

SAP Endorsed Apps are premium certified by SAP with added security, in-depth testing, and measurements against benchmarks results. Adverity’s solution integrates with SAP Business Technology Platform (SAP BTP) using SAP Data Warehouse Cloud and SAP Analytics Cloud, allowing businesses to harmonize their data and then push it into the SAP Data Warehouse Cloud.

A New Israeli Startup Converts WhatsApp Messages into an Information Vault of the Company

The serial entrepreneur Amir Haramaty reveals his new startup, which aims to organize the information of the organization. Haramaty describes how he will perform this in a different manner, why he opened an office far away from Tel-Aviv and why he prefers to employ combat soldiers without a technological background.

Tell me if this sounds familiar: you are concluding one more meeting, whether through Zoom, in or out the office – and you want to summarize the meeting.

After all, a large amount of important information is discussed during these meetings. When will you be able to do this? When you return to the office, in the evening, or perhaps even the next day? And what amount of that critical information will be included in the email summary, which will then be concealed in the mountain of emails? And what happens when you, or the person who receives your summaries, leaves the organization? Where does all this information end up?

It is estimated that only 10% of the critical information is stored in the organization, and even less is documented and shared with the rest of the organization.

The Israeli startup aiOla, which we are revealing today for the first time, wants to address exactly this agonizing problem, and to do so without complex interfaces or the application of new software.

aiOla is not just another tool which forces all your employees to learn the new interfaces and menus, not to mention the headaches that could cause you to postpone the on-the-job training, but a solution which connects to the main communication sources currently being used in the organization, whether it be WhatsApp, Slack, Microsoft Teams or more or less any other communication app. Amir Haramaty, the serial entrepreneur behind the startup, assured me that “If you know how to work with WhatsApp, you will know how to work with aiOla”.

The concept of aiOla is both simple and complex. Have you just finished a meeting or a session? You simply send an audio message to an aiOla bot that is connected to one of your communication services, and describe in your own words everything that occurred and everything you experienced.

London-based startup Mention Me helps businesses to turn customers into engines for business growth

Pushing your brand to new customers and getting it known and recognised is one of the hardest parts of starting or growing a business. Increasingly common e-commerce businesses that have no physical presence can’t rely on footfall, on people just popping in on their way past – something that even physical shops experience less and less as our society becomes busier and we tell ourselves more frequently that we don’t have time – and it’s vital for them to be able to get word of their existence to online shoppers. But being active on social media and buying banner ads here and there isn’t enough.

London-based customer advocacy startup Mention Me has created a platform through which businesses can increase customer acquisition, drive growth, and increase revenue. The startup currently works with over 450 brands, using unique and sophisticated data analysis to fuel sustainable growth through referral marketing and customer retention.

Hexa Selected for the LG Nova Program

LG’s innovation center — LG Nova among friends — today announced that it has selected the first 50 companies for its Mission for the Future global challenge competition. From 1,300 applicants, the company picked its first cohort to start building opportunities with the startups. Nova itself is a counterpoint to profit-focused corporate venture capital outfits, and is instead focusing on abilities to collaborate with the LG conglomerate across the board, in a few key verticals: the metaverse, connected healthcare, smart homes, electric vehicles (EV) and the wonderfully fuzzily named tech for good.

Pecan AI raises $66 million in Series C funding round

Israeli analytics and data science startup “Pecan AI” announced Wednesday that they have raised $66 million in their latest Series C funding round. The funds will be used for research and development.

Pecan AI has raised over $100 million in VC funding in the last twelve months alone. Its Series C round was led by New York-based global private equity and venture capital firm Insight Partners, with participation from GV (formerly Google Ventures) and existing investors S-Capital, GGV Capital, Dell Technologies Capital, Mindset Ventures and Vintage Investment Partners.

“We believe that any company should be able to deploy AI-based predictive analytics, even without data science resources on staff,” said CEO and co-founder Zohar Bronfman. “This new funding will help us scale Pecan further to overcome the data science scarcity gap, enabling our customers to move beyond outdated data-mining techniques that offer little value in predicting future outcomes.”

Jebbit Raises $70 Million Strategic Growth Investment From Vista Equity Partners

Jebbit, provider of the world’s leading zero-party data platform, has received a $70 million strategic growth investment from Vista Equity Partners, the leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses. The growth capital will help the company scale across all departments to further accelerate its mission to help brands deliver personalized digital experiences that collect data that is willingly and intentionally shared by a consumer (“zero-party data”).

Jebbit’s no-code platform enables companies to build beautiful interactive product and personality quizzes, lookbooks, trivia, lead generation forms and more that gather zero-party and first-party data. Jebbit experiences help brands drive higher engagement, lead capture and conversion while maintaining data privacy and security. In a world where cookies and ID’s will no longer be a reality, Jebbit’s solutions empower companies of all sizes to gain deep customer insights that fuel engagement and increase sales. Jebbit’s easy-to-launch, no code quizzes offer seamless integration and scalability, making them ideal for small- and medium-sized business as well as large global enterprises, across a wide range of industries, including consumer packaged goods, retail and commerce, travel and hospitality, and financial services.

Mention Me secures £18.5 million Series B investment led by Octopus Ventures

Mention Me, the customer advocacy platform, has secured a $25m Series B round, led by Octopus Ventures. Lead investor from the prior round Eight Roads Ventures also participated.

The London-based scale-up helps businesses turn referrals into a strategic channel for acquiring high-quality customers, while gathering valuable first-party data that amplifies wider marketing activity.

Mention Me will use the funds to support its vision to make every brand think advocacy-first by expanding into the US, investing in its partner network (which includes Klaviyo, TrustPilot, Ometria and SAP) and developing its product offering. This includes further development of Mention Me’s approach to applying AI and machine-learning to referral data, so brands can more effectively identify their biggest fans and optimise the wider customer experience to drive customer advocacy.

The platform’s unique Referral Engineering® technology has already delivered more than 4.5 million referrals totalling more than USD $1.5 billion in revenue for clients globally. Sports brand Puma, international franchise Pret a Manger, InsurTech unicorn Bought By Many, Europe’s leading online florist Bloom & Wild and international fashion retailer ASOS are among its 450-strong client base.

The funding will also be used to grow the team following a series of senior hires. This includes Roy Robinson from Boxever as CPO to lead product development, Ash Rama, previously at Trustpilot, as VP People and Rebecca Hooley joining from private equity firm Livingbridge as CFO.

Alternative Data: Why You Need it & Where to Start

Today’s most critical asset in helping companies make better strategic decisions? Data. And in order to be a successful data-driven company with a competitive edge, internal data just won’t cut it. Companies must incorporate alternative data sources into the mix in order to take advantage of data-based insights, identify microtrends before they become exponential, and to successfully make key strategic business decisions. A perfect example of an alternative data source to tap into? Insights generated by SAP Partner NWO.ai whose solution harnesses machine learning techniques and human metadata to identify global cultural shifts early and throughout the lifecycle of trends.

The biggest challenges facing the alternative data era

As the complexity of companies and their source systems are growing at a rapid pace, business leaders are facing extreme difficulty in effectively managing these expanding systems of data. The complicated and time-consuming onboarding of data is simply not an option for organizations that need to operate efficiently and with agility. Organizations need a seamless and simple solution for accessing and onboarding data, while simultaneously preparing their systems for the cloud.

Fix the Massive Truck Driver Shortage with Data

Hidden in the furor about disrupted supply chains is how the experience of the drivers delivering all those goods directly impacts the customer experience. That’s where Wise Systems comes in, offering an artificial intelligence (AI)-based delivery management platform that originated at the Media Lab at MIT, when three of the company’s co-founders responded to a professor’s challenge to find the best way to change one billion lives with data.

“The free flow of goods is the lifeblood of communities,” said Allison Parker, vice president of Marketing at Wise Systems. “We decided to apply machine learning to real-time data that captures what’s happening on the ground so organizations can better plan and continuously improve every last-mile route and delivery. Drivers have an intuitive, easier experience managing their schedule directly from their mobile devices, while fleet managers have up-to-the-minute plan tracking for resource allocation and utilization.”

Offering Bespoke One-On-One Mentoring To Employees Helps Retain Workers

What keeps CEOs up at night is worrying about how to attract, recruit and retain workers. The job market is so challenging that Apple is awarding bonuses up to $180,000 to keep software engineers from being poached by rivals like Meta, Amazon and Google. Deskless people who work in warehouses, fulfillment centers, restaurants, bars and department stores are being offered sign-on bonuses, wage increases, flexible schedules and free college tuition.

Innovative startups are seeking out new creative ways to help businesses mentor, upskill, cross-train and help employees succeed, so that the odds will increase that people will stick around. GrowthSpace, an Israeli-based tech company, offers a clever way to help CEOs fight attrition by offering personalized learning and development programs (L&D), driven by an artificial intelligence data-driven platform.

The startup connects workers with an appropriate mentor. The employee will have one-on-one, personalized programs that match each employee’s challenge with the right expert, coach or mentor. In addition to specifically tailored advice and guidance, based on the employee’s needs, managers receive feedback simultaneously that measures progress to ensure the plan is efficient and effective.