Meet the 7 amazing startups who were selected to join SAP.iO Foundry Tel Aviv’s Consumer Engagement program in collaboration with Publicis Sapient!
Watch this fireside chat here to see how SAP and Sedna deliver collaboration efficiency on top of S/4 HANA. Sedna is a company backed by SAP.iO and partner of SAP.
In this 30-minute session, Industry experts at SAP, NielsenIQ, ARpalus, and SRP share the latest trends and insights in the consumer industries, and the innovative solutions changing how retailers and consumer products companies engage with consumers.
Mind the Bridge and the International Chamber of Commerce recently awarded SAP as a TOP 25 Corporate Startup Stars last December. Indeed, with a hundred thousand employees, the B2B SaaS technology giant outperforms the majority of Fortune 500 corporations on the implementation of their Open Innovation programs and creates win-win-win relationships with startups, SAP’s clients and of course SAP.
In this Mind the Chat, we had the joy to sit down with Alexa Gorman, SVP and head of SAP.iO foundries in EMEA. Alexa joined SAP in 1999 in the retail space and led various teams and initiatives from marketing to strategy in both New York and Paris before finally joining SAP.io in Berlin, in 2017.
During the conversation, we covered the multiple areas of activities that SAP undertakes in the world of startups, namely SAP.iO, Sapphire Ventures, SAP’s Intrapreneurship program – SAP.iO Venture Studio, and the University Alliances. We took a deep dive into the structure of the SAP.iO, its Foundries, and the growing number of SAP’s innovation outposts around the world.
SAP.iO is part of the New Ventures and Technology group that reports directly to the CTO office. The role of SAP.iO is to manage both startup-driven innovation and acceleration, as well as employee-driven innovation and acceleration.
From footwear to jeans to high fashion, the industry is making positive environmental changes due to pressure from passionate consumers who are demanding change. With profiles of companies such as Allbirds, Adidas, Levi’s, and Gucci, plus interviews with supermodel Karlie Kloss and CEO Natasha Franck, the show takes an in-depth look at how the fashion business is changing.
Recently the Asia Berlin Summit hosted a panel discussion called Exploring the impact of family, restrictions, support systems and gender bias on women founders. Panelists included: Aimie-Sarah Carstensen (Founder, ArtNight), Dr. Alexander Hirschfeld (Female Founders Monitor), Chanyu Xu (Founder & CEO, her.one), Alexa Gorman (SVP and Head of SAP.iO EMEA Foundries), Caecilia Chu (Founder, YouTrip), with Moderator: Elain Tse (COO, Passion.io).
In a bid to modernise their recruiting process, BOK Financial needed to find a solution that could easily integrate with its existing SAP SuccessFactors tech stack. According to Maciel, the company needed an intelligent solution that could automate administrative work so that its recruiters—what BOK Financial refers to as talent advisors—can focus their time and efforts on more strategic, value-adding work.
The financial institution was experiencing several challenges within its recruitment process, namely:
- manual administrative tasks were weighing recruiters down
- candidate expectations were growing—the company needed to match these expectations to keep up with demands
- candidate foot traffic was increasing and the company felt that its talent advisory team’s ability to keep up was lacking
More importantly, BOK Financial needed a flexible solution. Maciel said it was important for them that the solution can be customised to the way they do business and the way they acquire talent. The company wanted a solution that aligned with its relationship-based business model. Maciel explained,
“We were focused on shifting our time from transactional recruiting to what we call talent advisory. So with the increased traffic on our career site, as well as in our recruiter inboxes, we needed a seamless candidate experience that really aligned with the rest of our business model. The focus for us was engagement through real-time communications.”
Through the SAP App Center, the company found the solution they required. With Olivia by Paradox, Maciel said that BOK Financial was able to transform candidate experience and engagement. She said that the SAP-validated solution enabled them to mirror the positive experience BOK Financial’s customers had with the experiences of its candidates:
“Olivia really helped us transform the way talent explored our jobs, the way they engage with us—providing the same experience that our consumers have come to expect.”
Another positive outcome the company was able to achieve was the increase in the completion rates of candidates who come into BOK Financial’s career site and converse with Olivia—up to 10% according to Maciel.
Jan Gilg is not the only person struggling to explain to his children what we are doing to our planet, but he is one person who can make a real difference and lead others to do the same. As president of SAP S/4HANA, Gilg is responsible for SAP’s flagship products in industry solutions, enterprise resource planning (ERP), and digital supply chain.
“My role empowers me to make things happen,” the executive, who views himself as a change agent in a powerful position, says. If you consider that 70 percent of world transactions touch an SAP system in some way, it is clear that SAP software has a huge influence on the global economy. With that power comes responsibility.
“We need to have ambitious goals, because the challenges we face are immense,” Gilg says. “There is a huge demand to rethink how we live and work. We must become sustainable to survive.”
This mindset is critical for Gilg, who is also a member of SAP’s Sustainability Council. Members are nominated by the SAP Executive Board and are responsible for integrating sustainability into their core business area. Gilg’s role is to weave sustainability into the product portfolio.
One of Gilg’s favorite success stories is Queen of Raw, a textile marketplace startup in New York using a textile sustainability application based on SAP S/4HANA. “Waste is a significant problem for the textile industry,” says Gilg, “making it a perfect target for sustainability efforts.”
Each year around $120 billion worth of textiles from across the supply chain goes to waste, causing huge environmental issues and economic loss. For some companies, it swallows up to 15 percent of their bottom line annually. Queen of Raw matches suppliers with unused textiles to potential buyers. The company worked with SAP to develop an easy-to-use automated process on a powerful back-end system.
This sustainability app uses tools like blockchain and machine learning to identify products, confirm the integrity of the suppliers, and match them to Queen of Raw’s 175,000 global users. The system also provides an environmental cost-benefit analysis when a successful match is made.
“Queen of Raw isn’t just doing good for the sake of good. It makes economic sense,” Gilg says. “With tools like this we can show people the return on investment and the value of the circular economics.”
Gilg says it’s not enough to tell our children we must protect the sea we swim in and the trees around us. We must show them that we are making a difference. “It’s up to us to decide what kind of a difference we make. That’s why I’m proud to tell them that I am a part of a company that looks out for the world they will live in.”
SAP.iO partners with Les Déterminés to Support Entrepreneurship in Working-Class Neighborhoods and Rural Areas. SAP France announces that its SAP.iO Foundry Paris accelerator is supporting the 12th promotion of the association Les Déterminés, whose mission is to develop entrepreneurship in working-class neighborhoods and rural areas. As part of this partnership, SAP.iO Foundry Paris is committed to making its premises and the expertise of its employees available to support the 20 entrepreneurs in its new promotion, selected from more than 470 candidates.
The SAP.iO Foundry Tel Aviv is looking for B2B startups developing solutions in the utilities industry to join its 12-week startup program beginning in October 2020!