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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SAP.iO Foundry Tel Aviv Launches Accelerator Program Focused on Consumer Products

SAP kicked off its consumer-products-focused business-to-business (B2B) technology accelerator program at SAP.iO Foundry Tel Aviv, with seven early-stage startups focused on manufacturing, supply chain, sales and marketing solutions.

The SAP.iO zero-equity-ask program is designed to accelerate innovation and drive new business models for SAP’s customers. This cohort will tackle top-priority challenges including personalization, consumer experience, data-driven insights, sales automation, and demand and supply planning.

Startups in the program will have access to curated mentorship, exposure to SAP technology and application programmable interfaces (APIs), and collaboration opportunities with SAP customers.

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

The following startups are participating in the SAP.iO Foundry Tel-Aviv:

  • Aiola’s natural-language sales analytics platform integrates data from multiple planning software systems of consumer packaged goods companies, generating accurate sales and demand forecasting, trade promotions optimization, new product launch analysis and market-share forecasting.
  • Hexa helps retail partners share information by converting their existing product information into immersive content (three-dimensional/artificial reality) in an efficient and cost-effective way.
  • Pecan is an automated predictive analytics platform that uses advanced artificial intelligence to connect and unify various data sources, allowing quick and automated development and deployment of predictive use cases.
  • Sampler is a direct-to-consumer product sampling platform that allows brands to target, track and measure their sampling programs from start to finish.
  • SRP Analytics’ advanced digital retail format connects brands, local stores and consumers on a single nearby platform, increasing sales growth, supply-chain efficiency and consumer loyalty.
  • TrenDemon is a content marketing analytics platform that integrates a company’s digital assets and maps the customer journeys, providing insights and action items to improve content impact and return on investment.
  • TVPage provides brands with the ability to present ambassador digital storefronts on their websites — empowering subject matter experts, in-store sales associates, influencers and savvy customers to promote and sell their products online.

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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How SAP.iO Foundry Tel Aviv Startups Are Helping Customers & Communities Thrive in the New Reality

As individuals and organizations are learning to navigate today’s “new normal,” companies are shifting their strategy or altering their services in order to bring the most value to customers and give back to the community. 

Check out how some of the alumni from SAP.iO Foundry Tel Aviv’s previous cohort are altering their offerings and sharing insightful resources. 

Outgage

Outgage is a direct mail SaaS platform that combines the advantages of digital marketing campaigns with the effectiveness of personal direct mail experiences, closing the loop between offline and online campaigns. As several companies are reconsidering their current marketing efforts and strategy, Outgage is beginning to aim their offering of personal direct mail experiences toward HR leaders, who can utilize Outgage’s services in order to send care packages and engage with their employees who are working from home.

EasySend

EasySend’s no-code application builder empowers global insurance companies and financial institutions to turn paperwork into a digital experience. In light of the current situation, EasySend is churning out helpful content to assist insurers in fast-tracking their digital transformations, as well as providing information on how going digital will help enterprises succeed in this new reality.

GrowthSpace

GrowthSpace’s online one-on-one coaching platform offers high-quality training and personalized coaching for tech companies, at the cost of an average workshop. In the past couple of weeks, GrowthSpace has organized various webinars to provide expertise to organizational leaders during this time. From a “COVID-19 Readiness for HR Leaders” discussion to a “Teams Working Remotely” expert panel led by six senior executives of remote teams, GrowthSpace is utilizing the prowess of their certified coaches to provide key insights and best practices to the community, free of charge.

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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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How Outgage is Reimagining Direct Marketing Campaigns

With the overload of digital noise today, marketers are struggling more and more to differentiate themselves and successfully reach and engage with their target audiences. Digital marketing campaigns are competing in oversaturated digital channels, and on the other side of the coin, offline snail mail doesn’t allow marketers to track or analyze the success of their campaigns.

The key to creating effective and memorable direct mail marketing campaigns? Outgage.

Outgage is a direct mail SaaS platform that combines the advantages of digital marketing campaigns with the effectiveness of personal direct mail experiences. Outgage closes the loop between offline and online, creating personalized direct mail campaigns that maximize engagement.

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How SAP.iO Helps Underrepresented Entrepreneurs Succeed

SAP.iO, SAP’s strategic business unit that works closely with early-stage startups, made clear its commitment to inclusive entrepreneurship when it launched the SAP.iO No Boundaries initiative just over a year ago. No Boundaries offers venture capital and access to innovation for underrepresented entrepreneurs, with a goal of funding or accelerating at least 200 startups over a span of 5 years through SAP.iO Fund and Foundries. The SAP.iO Fund has committed to investing up to 40% of investible capital to inclusive entrepreneurship. 

The ideal outcome of No Boundaries is that the startups will thrive in the SAP ecosystem, deliver great value to SAP customers, and as a trickling effect, other investors will see the value in these entrepreneurs and will want to support them as well. Another goal of No Boundaries is to inspire VCs and other ecosystem players to follow SAP’s lead and enable a culture of diversity.  

Studies have shown that companies that have more diverse management teams have 19% higher revenue due to innovation (Boston Consulting Group). In 2018, companies founded solely by women received only 2.3% of the total capital invested in venture-backed startups in the US (Pitchbook). Racially and ethnically diverse companies perform 50% better than companies with only diversity of gender (McKinsey). 

There is clearly work to be done. 

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How EasySend is Transforming Manual Processes Into Customer Journeys

EasySend transforms the way that financial service enterprises communicate with their customers by helping enterprises digitize their customer journeys. Their no-code, drag-and-drop platform allows anyone to convert papers, PDFs, and manual processes into smart, fully-branded eForms with eSignatures.

With over 40 paying enterprise clients, EasySend is digitizing and accelerating critical customer-facing processes, improving user experience, customer satisfaction, increasing conversion rates, and reducing operating costs. EasySend’s solution allows insurance and financial service providers to deploy new digital products quickly and at scale.

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How YOUTILIGENT is Translating Actual Usage into Valuable Insights|SAP.iO Foundry TLV

One of the biggest pain points of service providers and vendors of consumer appliances is that there is no simple and cost-effective solution for connecting their devices to the internet. Without such a solution, stakeholders are limiting their overall efficiency, lacking real-time knowledge of supply, consumption, and maintenance needs.

Enter YOUTILIGENT.

YOUTILIGENT brings service providers real-time, data-driven insights, just by listening to the heartbeat of machines and appliances. Tackling head-on challenges related to deliveries, consumption, and maintenance, YOUTILIGENT’s Connected Consumer Solution converts the usage of appliances into valuable business insights.

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How GrowthSpace is Personalizing Professional Development

The world is moving faster, and technology is transforming how we do our jobs. It is clear that the way we work is changing rapidly. So… shouldn’t we also change how we train and develop our employees?

As large organizations continue to utilize outdated and generalized professional development methods in the effort to help their employees grow, studies have shown that 75% of HR staff find that their professional development programs are ineffective, and 60% of employees are dissatisfied with professional training they receive (Deloitte Workplace Survey 2018).

This is where GrowthSpace comes into the picture. GrowthSpace is an online one-on-one coaching platform that offers high-quality coaching for tech companies, at the cost of an average workshop. GrowthSpace’s tailor-made service pinpoints an employee’s greatest challenge, matches the employee with the perfect coach who has relevant, hands-on work experience from a similar organization, and creates a personalized 2-month coaching experience. Whether an employee is looking to become a first-time manager, achieve KPIs, or boost creativity, GrowthSpace has the right coach and the right program to meet his or her specific needs.

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SAP.iO Foundry Opens a New Cycle in Israel

בשנת 2019 הכריזה ענקית התוכנה SAP על הרחבת פעילות SAP.iO Foundry לישראל. SAP.iO היא זרוע פעילות של החברה ובאמצעותה היא משקיעה ומפתחת שיתופי פעולה עם סטארטאפים ברחבי העולם. לקבוצה שתי פעילויות מרכזיות: SAP.iO Fund שבאמצעותה משקיעה החברה בסטארטאפים בתחילת דרכם, ו-SAP.iO Foundry שהיא תוכנית האצה בת 12 שבועות הפועלת במספר ערים בעולם ובהן: ניו-יורק, סן-פרנסיסקו, תל אביב, ברלין, טוקיו, פריז, מינכן וסינגפור. מטרת התוכנית היא להעניק תמיכה לסטארטאפים נבחרים על ידי הענקת גישה ללקוחות החברה ועל ידי ליווי של מנטורים עסקיים ומומחים טכנולוגים. מאז שהחלה התוכנית ב-2017 ועד היום השתתפו בה 165 חברות מכל העולם.