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SAP.iO Foundry Tokyo To Accelerate Data & Analytics Startups

October 6, 2021 SAP SE (NYSE: SAP) launched its B2B startup program at SAP.iO Foundry Tokyo with focus on data and analytics. Five startups working in the areas of data harmonization, business analytics, machine learning and data-as-a-service have been selected to join the program.

“It has become increasingly important for our customers to analyze data and get insights from it, particularly in light of the current COVID-19 pandemic,” said Hirofumi Suzuki, SAP Japan President and Representative Director. “This program will encourage our customers to use a variety of data on SAP platforms with new technology from cutting-edged startups”.

The equity-free program is designed to accelerate innovation and drive new business models for SAP’s customers. During the 13-week virtual program, the startups will have access to curated mentorship, exposure to SAP® technology and application programming interfaces (APIs), as well as collaboration opportunities with SAP customers.

The data and analytics cohort includes the following startups:

  • EAGLYS provides safer and more private ways of processing and exchanging data via secure computing systems, as well as enables AI to process always encrypted data.
  • Sustainable Lab allows companies to visualize the cost-effectiveness (contribution to earnings and stock price) of their sustainable development goals (SDG) actions using artificial intelligence and big data analysis.
  • Synspective offers one-stop-solutions using geospatial data from its own synthetic-aperture radar (SAR) satellites to provide data and analytic information to governments and commercial outfits.
  • Tradewalz provides a cross-industry digital trade platform to share trade documents and electronic data using blockchain technology.
  • Zeroboard streamlines corporate CO2 emission calculation, reduction management, and compliance with regulatory reporting and market disclosure.

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/.

3i Inc. raises $24M in oversubscribed Series A funding round

3i Inc specializes in metaverse technology, artificial intelligence (AI), augmented reality (AR) and virtual reality (VR). The immersive technology company is also a member of Born2global Centre.

Ken Kim, CEO of 3i said: “The metaverse is the next-generation platform, where soon, all media flows are expected to move. Our products and solutions help enterprises and content creators leap onto the metaverse much more easily, seamlessly, and quickly than ever before, changing the way the physical world interacts with the digital world.”

This most recent round of funding included $20 million from new financial and strategic investors. The remaining $4 million came from existing investors.

“3i is a company which is growing dramatically in B2B digital twin solutions using AI and AR/VR technologies and B2C video content creation platform,” said Joo-wan Jeong, Director at SV Investment, the investment company that led the funding round.

He added: “I made this investment because I believe 3i will be able to grow into the only global player that possesses both technology and content in the integrated metaverse.”

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3i’s AI technology creates digital twins using smartphone photos

Innovating industrial plants is often a difficult decision-making process for companies because changing a single piece of equipment requires a thorough on-site inspection from a team of experts in electricity, network, pipes, machines and structure.

But South Korea-based startup 3i Inc. helps remove such roadblocks through its digital twin solutions. The company operates Beamo, an artificial intelligence technology-based service that creates a 3D digital twin for companies.

A digital twin is a virtual representation of a physical object or a service that shares real-time data with its counterpart.

“Maps and street views were used to digitalize outdoor space, which wasn’t the case for indoor space. But now an easy and speedy creation of a digital twin for indoor space is achievable via 3i’s AI technology,” said Ken Kim, the chief executive of 3i, in an interview with The Korea Economic Daily on Aug. 24.

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SAP.iO Foundry Tokyo Kicks Off Accelerator Program Focused on Consumer Products

 SAP SE (NYSE: SAP) announced its first consumer-products-focused business-to-business technology accelerator program at SAP.iO Foundry Tokyo. The cohort will comprise four early-stage startups in the retail, consumer goods and distribution industries.

“COVID-19 has led consumers to adopt new habits and behaviors, which will continue in the long term,” said Hirofumi Suzuki, SAP Japan president and representative director. “This program will allow us to offer our customers new digital technologies to connect with consumers.”

The SAP.iO zero-equity-ask program is designed to accelerate innovation and drive new business models for SAP’s customers. During the 13-week virtual program, the startups will have access to curated mentorship, exposure to SAP technology and application programming interfaces (APIs), and collaboration opportunities with SAP customers.

The SAP.iO Foundry Tokyo Fall 2020 program includes the following startups:

  • ChatBook provides marketing automation solutions to generate leads and deliver personalized experiences across the entire customer journey through instant communications platforms.
  • True Data provides Big Data marketing services and advanced analysis technology at scale by integrating the gender, behavior and other ID data with product-trend point-of-sale data.
  • Vox Japan provides a connected reusable boxing service with remotely operated smart delivery carts that authenticates and tracks delivery and pickup information by smartphone.

Startup Guide Tokyo: how this global tech hub is reinventing itself for a new wave of entrepreneurs

With a GDP of $5 trillion, Japan’s market is the third-largest economy in the world. Japanese customers are known to be sophisticated, and demand high standards of proof of concept. Greater Tokyo – with a population of over 14 million – accounts for a major chunk of Japan’s GDP.Japan was the sixth-largest market in terms of venture-capital investment in 2017, and the University of Tokyo graduated around 250 startups that year. Notable startups in recent years include Preferred Networks, Nihon Kotsu, CrowdWorks, Mercari and Line.

SAP Japan aims to be a “lighthouse of innovation” for customers, and is developing the Business Innovators Network. It also runs the SAP.iO Foundry Tokyo accelerator programme and SAP Leonardo Experience Center.

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Exclusive: Maggie Buggie, SVP and Global Head of Innovation Services and Solutions, SAP SE

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.

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Sky is the Limit: Spirit of Innovation in SAP Asia

Blog written by Christian Klein, COO & Executive Board Member of SAP

Tomorrow’s SAP starts today. Having just returned from an amazing trip in Japan, South Korea and China, it’s clear that SAP Asia is embracing the innovation, energy and spirit that will take SAP to great heights in the future.

During the week, I spent time with customers, partners and colleagues, and from each and every one of them, I had the sense of their commitment to innovation, their engagement with technology and the powerful potential that this region holds. I also engaged with the media, who see SAP as leading the move to the intelligent enterprise.

I also met the start-ups and investors forming the first cohort of the SAP.iO Foundry in Tokyo, as well as over 600 employees who attended the All Hands Meeting and a coffee corner in person and online.

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SAP Kicks Off First SAP.iO Foundry in Asia

SAP announced the launch of the first SAP.iO Foundry in Asia: SAP.iO Foundry Tokyo. Over the next 12 weeks, SAP.iO Foundry Tokyo will accelerate five business-to-business (B2B) Japanese technology startups, providing them access to curated mentorship, exposure to SAP technology and application programmable interfaces (APIs), and opportunities to collaborate with SAP customers. Unique to SAP.iO Foundry Tokyo, the cohort also will have access to the newly opened SAP Leonardo Experience Center and Inspired.Lab.

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Software giant SAP launches the first SAP.iO Tokyo cohort to accelerate B2B Japanese tech startups

Back in January, we wrote about SAP when the German software giant and maker of enterprise software announced the launch of its SAP.iO No Boundaries initiative to fund and incubate startups led by women and minorities. Now SAP.io is expanding into Asia. SAP announced the launch of its first SAP.iO Foundry in Asia called SAP.iO Foundry Tokyo. Over the next 12 weeks, SAP.iO Foundry Tokyo will accelerate five business-to-business (B2B) Japanese technology startups, providing them access to curated mentorship, exposure to SAP® technology and application programmable interfaces (APIs), and opportunities to collaborate with SAP customers. Unique to SAP.iO Foundry Tokyo, the cohort also will have access to the newly opened SAP Leonardo Experience Center and Inspired.Lab.

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SAP Kicks Off First SAP.iO Foundry in Asia

The first SAP.iO Foundry in Asia has launched: SAP.iO Foundry Tokyo. Over the next 12 weeks, SAP.iO Foundry Tokyo will accelerate five business-to-business (B2B) Japanese technology startups, providing them access to curated mentorship, exposure to SAP technology and application programmable interfaces (APIs), and opportunities to collaborate with SAP customers. Unique to SAP.iO Foundry Tokyo, the cohort also will have access to the newly opened SAP Leonardo Experience Center and Inspired.Lab.

SAP.iO is SAP’s strategic business unit dedicating to driving startup innovation and new business models for SAP. SAP.iO Foundry Tokyo is the eighth location of SAP’s global network of top-tier startup programs, which include foundries and accelerators that enable startups to build innovative software to deliver value for SAP customers.

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

  • InstaVR: Provides a no-coding, web browser–based interactive authoring tool capable of creating, distributing and analyzing a 360-degree view of content.
  • ZENKIGEN: Provides an artificial intelligence (AI)-powered online platform that enables both live and recorded video interviews, while offering sentiment analysis of a candidate’s voice. This allows efficient recruitment and analysis of facial expressions for real-time interview coaching.
  • fuzed.link: Provides a B2B lead generation tool based on social media content that allows companies to build content-driven landing pages for social media traffic.
  • estie: Provides a real estate technology platform that offers interactive mapping. Using AI and machine learning algorithms, estie unleashes the potential of Big Data to simplify office search for tenants and analytics for institutional investors.
  • Innovia: Provides a software-as-a-service (SaaS) solution that helps manufacturers effectively develop and manage the skills of manufacturing workers to improve productivity and efficiency while ensuring International Standards Organization (ISO) compliance.

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SAP to launch its first Asian startup incubator in Japan

SAP, one of the world’s biggest enterprise software companies, is about to launch its first startup accelerator in Asia and has picked Japan for its first foothold in the region. While many large corporations see uprising startups as threats, SAP is developing a unique model that works for customers, the startups and itself.

The Japan accelerator will start in July. The application process for the Japanese program has closed, and there are more than 50 applications, from which SAP will select six to eight startups for the program.

Ram Jambunathan, managing director at SAP.iO, the Germany-based technology company’s business unit focused on incubating innovation, recently talked to the Nikkei Asian Review about what startups they seek in Japan and SAP’s ambitious game plan in Asia.

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SAPジャパン、スタートアップ向けアクセラレーションプログラム 「SAP.iO Foundry Tokyo」を開設

SAPジャパン株式会社(本社:東京都千代田区、代表取締役社長:福田 譲、以下 SAPジャパン)は、本日、スタートアップ向けのアクセラレーションプログラム「SAP.iO Foundry Tokyo(エスエーピーアイオー・ファウンドリー・トウキョウ)」を発表するとともに、支援対象となるスタートアップの募集を開始しました。今回は6~10社のスタートアップを選考し、2019年6月から12週間にわたるスタートアップ支援プログラムを展開予定です。

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