October 11, 2022 — SAP SE (NYSE: SAP) is collaborating with Accenture on a virtual startup program focused on Industry 4.0 and based at the SAP.iO Foundry Munich. A jury of experts from SAP and Accenture, alongside SAP partners and customers evaluated numerous applicants and selected 11 startups to join the program.
Various factors are forcing companies to relocate their production back to their core markets. The pandemic, for example, has shown how vulnerable global supply chains are to disruption. In addition, extreme weather events such as droughts, forest fires or floods are increasing and putting even more strain on production. The unreliable supply chain requires companies to open new, highly automated production facilities to meet demand in a timely manner. SAP and Accenture are committed to helping companies create and discover new innovations that drive the total reinvention of supply chain processes.
During the five-month program, SAP will work with the selected startups to integrate and jointly offer solutions for this new manufacturing and production reality. The startups will receive curated mentorship, access to SAP® technology and application programming interfaces (APIs), and exposure to SAP and Accenture customers such as Siemens and BMW with the opportunity to develop high-impact proofs of concept.
“At SAP, we are always on the lookout for transformative solutions that address key customer pain points”, said Shwetha Shetty, Product Owner, Digital Supply Chain Solutions at SAP. “We are excited to team up with Accenture and build this new cohort to help customers realize the promise of Industry 4.0 technologies at scale.”
The following startups are participating in the Industry 4.0 program:
- 36Zero is a vision solution that revolutionizes visual inspection by replacing hardware with software, improving inspection results by 1800% and empowering workers for easy and independent installation – better, quicker, more efficient.
- aiomatic has developed a digital maintenance assistant to help maintenance engineers in large productions reducing unplanned downtimes using explainable AI.
- Aisight develops AI-powered sensors for predictive maintenance to eliminate machine failures and avoid downtime.
- Andonix optimizes factory efficiencies through Smart Work Station, a digital hotline and factory collaboration platform that connects machines with frontline workers and supervisors.
- Cintoo bridges the gap between reality capture and building information modeling or digital twins. Its SaaS platform Cintoo Cloud manages 3D scanned data collected from the built environment to enable collaborative asset management workflows.
- Ecoplant helps industrial organizations reduce electricity consumption and CO2 emissions as well as improves operational efficiency and profitability using IoT and AI.
- Kreatize is a leading cloud manufacturing procurement platform that enables mechanical engineering companies to handle the entire process from ordering to delivery of industrial components in a digital, fully transparent and sustainable manner.
- Sparetech provides transparency for industrial spare parts that enables companies to automate their spare parts management processes, thereby reducing inventories, costs, and CO2 emissions.
- Surveily allows businesses to automatically monitor and understand what happens on their CCTV cameras observing people, vehicles and processes – 24/7, automatically and in real time.
- ThroughPut, Inc. provides an AI-powered supply chain software that predicts demand, reorients production capacity, reassigns warehouse space, and reorders materials optimally for better business, operational, financial and sustainability outcomes.
- Zerynth helps companies digitalize their production processes and develop connected industrial products through a plug-and-play IoT platform.
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 450+ external startups and internal ventures accelerate their growth while enabling thousands of SAP customers to access innovation. For more information, visit http://sap.io/.
