April – June 2022 | Achievements & News from SAP.iO Venture Studio
SAP.iO Venture Studio drives a new era of organic growth at SAP. It empowers entrepreneurial teams inside SAP to turn innovative ideas into profitable businesses and invests in these new employee-led ventures who are focused on solving some of the biggest problems in enterprise business processes. SAP.iO Venture Studio helps start and scale new ventures by providing design, development and sales support. Find out more on sap.io/studio.
Brilliant Hire by SAP
Brilliant Hire by SAP intelligently matches candidates with a personalized shortlist of jobs on your careers page based on what really matters to them, using Artificial Intelligence (AI).
- With artificial intelligence playing an important role in hiring processes, experts are curious what part AI will play after the great reshuffle. Learn more about how Brilliant Hire by SAP’s uses AI future-oriented in this article.
Discover more on this venture on https://www.brillianthire.io/
Encore by SAP
As a secondary marketplace, the Encore by SAP solution is enabling regenerative business processes and empowering the network members to close the loops and make circular economy a reality. The demand-driven enterprise trading platform provides a simplified way to offer and discover secondary materials and components with integration into back-end procurement or asset management solutions. The platform enables trading of aftermarket components, such as alternators or batteries, and is looking to expand into further areas, such as secondary materials — from aluminum to polyurethane — or production waste and scrap.
- This new venture had their first official outing at Hannover Messe 2022. Find impressions from the event on the co-founders’ social media presence.
- Just having joined the active portfolio of employee-led SAP ventures, the venture’s General Manager Edward Kosec was part of an open conversation on corporate entrepreneurship at SAP. Watch the recording on LinkedIn Live here.
- Enabling a Circular Economy Through Industry Network Collaboration? Encore by SAP was featured on the SAP News Center highlighting their work with Catena-X
Website soon to go live.
Feather by SAP
Feather by SAP is an end-to-end recommerce solution that support brands and retailers that want to accelerate the shift from linear to circular business by taking ownership over their recommerce activities. Facilitate the in-house business processes, capture data, engage with the shopper, and own the end-to-end product life cycle.
- Taking center stage at SAP’s flagship event: Joanna Maryewska, General Manager and Founder of Feather by SAP featured in SAP Sapphire’s virtual keynote about the future of customer experience. Rewatch the whole session here.
- The importance of customer satisfaction to businesses is well-known. To connect the environmental impact of the supply chain with eco-friendly choices of customers, SAP Customer Experience announced partnering with Feather by SAP for recommerce capabilities. Read more in this announcement.
- #CXUnplugged hosted Joanna Maryewska to talk about reviving retail strategies for brands as they are seeing unprecedented change that can be daunting. Watch the recording here.
- With so many achievements this quarter no wonder this employee-led venture is continuously growing. Join the team as their Senior Full Stack Engineer and find all other open positions here.
Discover more on this venture on https://www.featherbysap.io/
GreenToken by SAP
GreenToken by SAP is a supply chain solution that offers companies new levels of transparency through reliable, blockchain-based information. Gain visibility into where raw materials came from and produce products with knowledge about where and how the materials were produced, even in complex, non-batch supply chains.
- Time to step into the limelight at SAP’s annual flagship event: The venture’s work was mentioned in SAP Sapphire’s global opening keynote by Christian Klein. Watch the replay here and read more about how GreenToken by SAP’s solution helps Unilever with increasing traceability and transparency in their global palm oil supply chain.
- SAP and Mitsubishi Chemical Europe are working on a more sustainable and transparent supply chain with GreenToken by SAP providing the solution. Read more about the cooperation here.
- Having the word “green” in their name, people probably wonder how green GreenToken by SAP really is. Check out the article on LinkedIn.
Discover more on this venture on https://www.green-token.io/
Paid Promptly by SAP
Paid Promptly by SAP drives cash into your business faster by automating receivable processes. Deliver a seamless, personalized, customer experience through Paid Promptly’s automated communication solution, beginning when an invoice is first released until payment is received.
- The venture successfully converted a PoC to a signed paid contract with an American manufacturer.
- Interested parties can also test their first free pilot to automate receivables processes. Find out more here.
Discover more on this venture on https://www.paidpromptly.io/
Source Agent by SAP
Great sourcing shouldn’t be a secret. Source Agent by SAP gives you the insights and strategies to address spend intelligently and wow your stakeholders. Identify sourcing opportunities by aligning your spend to current market intelligence. Receive a targeted sourcing strategy and supplier recommendations based on your data and requirements for each spend category. Quickly convert strategies and plans into eSourcing event prep and execution.
- The employee-led venture is working tirelessly on their vision to simplify and automate sourcing and they just announced the launch of their alpha customer program with two customers including Hilltop Holdings.
- You are interested in working at Source Agent by SAP? Apply for the position as Senior AI Data Engineer now.
Discover more on this venture on https://www.sourceagent.io/