Got Talent: Recruiting platform Brilliant Hire raises €1M from SAP.iO

SAP.iO Venture Studio makes a €1 million follow-on seed investment in Brilliant Hire, a bias-free, skill-based pre-screening platform that helps digitize recruiting to provide faster and greater insights

Brilliant Hire co-founders, Swetha and Hemant with Juergen Mueller, CTO of SAP

In most hiring processes, hitting the buzzer to catapult candidates to the next round does usually not occur as quickly as on prime television shows. Talent is nevertheless what both are looking for.

There’s a strong connection between achieving business objectives and hiring the right talent, hence increasing the quality of candidates within the hiring funnel is fundamental to success. Tech is promising a shortcut to identifying the best candidates for job offerings, by also eliminating (un-)conscious bias towards applicants, and improving hiring efficiency. Will software be the next recruiting manager you meet in an interview? Not quite, but it could make all the difference.

Brilliant Hire offers skills-based job applicant screening, providing faster and greater insights without bias. The latest funding allows the venture to proceed with the recently released Brilliant Expert Network. Brilliant Experts is a complimentary service to Brilliant Hire, providing experts who evaluate candidates at any skill level and any discipline. With this service, recruiters simply send candidates the Brilliant Hire link and subsequently receive a full breakdown of a candidate’s skills from the expert. On the backend, the Brilliant Hire teamensures the quality and availability of the evaluating expertsremains high. The platform is unique across the screening industry by combining both machine learning with human evaluators.

Brilliant Experts has been used at SAP by the Silicon Valley Next Talent program over the past few months. With the addition of Brilliant Experts, Brilliant Hire removed the burden of assessment evaluation and decreased the wait time of applying candidates by more than 50 percent:

“We went from a one to two weeks response time to just two days. This resulted in over 400 candidates screened and only 100 qualifying ones to be interviewed – all without burdening recruiters or managers.”

Caitie Sullivan, program manager, Silicon Valley Next Talent Program, SAP

The team has shown early successes, including helping software company SAP SuccessFactors hit their ambitious 2019 hiring targets. This includes hiring over 100 engineers across the San Francisco and Bangalore offices. Beyond SAP, Brilliant Hire has been used by Mercedes-Benz R&D and the Second Harvest Food Bank.

Today, Brilliant Hire is offering a 3-month trial allowing companies to screen up to 300 candidates evaluations for just $1. Simply head over to the SAP Store to start your trial today.

To continue delivering their vision of screening-as-a-service, the new funding enables the team to grow in key areas. During the second half of 2019, Brilliant Hire will add Go-To-Market experts, designers and various engineering resources across San Francisco and Bangalore — hence hiring themselves! If you believe in the team’s mission and are interested in joining, reach out to their General Manager, Ryan Phillips, at ryan@brillianthire.io or check out the team’s career page.


About Brilliant Hire

Your hiring process is biased, we can help you fix it. Be brilliant in the way you hire. Try Brilliant Hire via the SAP Store and find more information on brillianthire.io.

About SAP.iO Venture Studio

The SAP.iO Venture Studio invests in small, entrepreneurial teams inside SAP and helps them build and launch successful products that attack some of the biggest problems in enterprise software. More information on sap.io/studio.

Omnichannel Insights for Marketing Decision Support

An old adage goes like this: 50% of the money spent on marketing programs is wasted. But which 50%?

That question can finally be answered in the new era of advanced analytics – and by Adverity Marketing Data Analytics Platform. No more tedious number crunching on spreadsheets for marketing teams, thanks to this popular solution on SAP Store. Now, data-driven marketers can take advantage of fully automated data integration for a single source of truth on the performance of their programs and move past “point-in-time” performance monitoring toward insights that lead to tangible actions.

I spoke with Sven Woeltjen, partner manager with Adverity GmbH, to find out more about the solution’s impact on the life of a marketer.

“From every source – paid search, social media, direct demand-generation campaigns, events – you get different data in different formats,” Woeltjen said. “Everyone is asking for ROI, and no one has the answer. Many marketing teams work in silos. Harmonizing and cleansing the data from all the different sources is a labor-intensive process that’s prone to mistakes, and typically takes many days. As a result, marketers spend more time wrangling data than they do interpreting it, meaning they miss out on opportunities to optimize performance and improve ROI. They don’t have current info and can’t produce timely reports. Those are the problems Adverity solves.”

Reporting in Near Real Time

With the Adverity solution, marketers can create omnichannel overviews in near real time. Integration with SAP ERP and SAP Marketing Cloud allows them to enrich their insights by pulling in data from finance or HR or whatever interests them, Woeltjen continued. The ability to build ad-hoc reports on their own enables them to explain to the business the impact of what they’re doing whenever they’re asked. Report templates and data visualization tools make that even easier. “With tangible results based on real data, they can turn their attention to the next program or campaign rather than the next report,” he added. “By better understanding what works and what doesn’t, they can make decisions from a strategic standpoint.”

In fact, Woeltjen speaks from experience after spending his career in marketing, including tenure with an agency where he was using the Adverity solution himself. He ended up approaching the company about potential partner opportunities and, not long after, joined the firm and worked with its most important partner, SAP.

Understanding Marketing Challenges – as Marketers

I asked Woeltjen to tell me more about the company, which was established in 2015. Like him, the founders themselves were working in the marketing field, experiencing the data challenges , and saw an opportunity. The company has grown steadily since then, largely by building relationships, understanding customers’ needs, and building new features accordingly – as all good marketers do. For example, an augmented analytics module uses machine learning to analyze large amounts of data, identify trends and anomalies, and deliver suggestions for improvements that enable marketers to proactively address issues affecting performance.

Teamwork is a crucial factor for Adverity. The implementation team sits next to the developers to promote collaboration. Even as they have transitioned to working from home, the relationships are in place. Now with about 250 employees, based largely in Austria, the U.S., and the UK, the company plans to double in size this year. With offices in London and New York City already, Adverity plans to establish a presence on the West Coast of the U.S. and in the Asia-Pacific-Japan region. As a digital company with most employees working remotely, not just during the pandemic, he commented, “We can hire the best people.”

And speaking of the pandemic, Adverity has been in the position to cushion some of the fallout for customers suddenly making the transition to online marketing. “Here in Germany, for example, many stores have been closed for a full year,” Woeltjen remarked. “People have had to get used to buying more online, causing many smaller businesses – distilleries, for example – to sell directly to consumers and use their marketing budgets to acquire customers online. We can help them with our tool.”

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SAP receives the European startup-friendly certificate and takes the lead on GlassDollar’s corporate-startup collaborations ranking

We are excited to announce that SAP has received the European startup-friendly certificate by ranking 4th in GlassDollar corporate startup collaborations ranking for 2021. At SAP.iO, we take a lot of pride in helping innovators start up and scale with SAP and help deliver cutting edge solutions to our customers via our open innovation ecosystem. We would therefore like to congratulate everyone that has been part of this incredible journey and may the future be just as exciting for SAP and our customers.

Learn more here.

 

Gappify, Inc. Announces Closing of Equity Financing

Gappify, Inc. (“Gappify”), a provider of digital workers for the accounting enterprise, today announced that it has completed a financing round led by Stage 2 Capital. As part of the transaction, Stage 2 Capital Managing Partner, Jay Po, will join Gappify’s Board of Directors.

Gappify, whose team consists of former accountants and KPMG auditors, will use the funding to invest in new product development and accelerate sales and marketing efforts.

“Gappify is excited to build innovative, industry-leading products that help corporate accountants close their books faster and in a compliant and efficient manner,” said Jotham Ty, CEO and founder of Gappify. “This investment will enable our team to develop autonomous solutions for more processes within the Controllership, and provide our customers an enhanced experience with robust capabilities and deep system integrations.”

“We were impressed with Gappify’s vision for modernizing the accounting profession,” added Stage 2 Capital’s Jay Po. “With more CFOs prioritizing efficiencies and compliance in their accounting organization, we see an enormous opportunity to partner with Gappify to accelerate digital transformation efforts and create immediate value for the Controllership function.”

Other participants in the financing round include SaaS Ventures, Manila Angel Investor Network, Pasudeco Investment Management Corporation, Overtime.vc, and former Oracle CFO Jeff Epstein.

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DataRobot Acquires Zepl to Enhance Enterprise AI Platform Capabilities for Advanced Data Scientists

DataRobot, the leader in enterprise AI, today announced the acquisition of Zepl, a cloud data science and analytics platform. The acquisition — unveiled today at DataRobot’s virtual conference, AI Experience Worldwide — will unlock new capabilities within DataRobot’s enterprise AI platform for the world’s most advanced data scientists.

“We have always known that to lead the AI market, we must embrace all creators of AI systems, from analysts and citizen data scientists who prefer using a GUI to advanced data scientists who love to code,” said Dan Wright, CEO of DataRobot. “Through the addition of Zepl, we now give advanced data scientists more flexibility to use our enterprise AI platform within their existing workflows, including the ability to use their own code. By incorporating Zepl into the DataRobot platform, we plan to further democratize data science across every enterprise and significantly accelerate our code-centric roadmap.”

Zepl was founded by the creators of Apache Zeppelin, an open source notebook for data and analytics that has been downloaded more than 500,000 times by data scientists from some of the biggest brands in the world. Zepl provides a self-service data science notebook solution for advanced data scientists to do exploratory, code-centric work in Python, R, and Scala with enterprise-ready features such as collaboration, versioning, and security.

DataRobot will incorporate Zepl as a cloud-native, self-service notebook in its enterprise AI platform to drive productivity, efficiency, and collaboration for multiple personas. This will unlock additional flexibility for data scientists who prefer to code by allowing them to write their own tasks and custom models extending the out-of-the-box capabilities provided by DataRobot. With the integration of Zepl, business analysts will be able to build models using the power of DataRobot’s automation and then collaborate with their advanced data science colleagues for additional customization if desired, all on the same platform. It will also provide a more transparent view of the code behind DataRobot blueprints, further enhancing trust and explainability within the platform.

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Final-mile fulfillment startup parcelLab closes $112M Series C funding led by Insight Partners

Munich-based parcelLab, which offers a final-mile fulfillment service for online retailers, has closed a $112 million (GB£80 million) Series C funding round led by the U.S. VC/PE firm Insight Partners.

Germany’s Endeit Capital participated as a co-investor, alongside existing investors Capnamic Ventures and coparion. ParcelLab last raised an undisclosed Series B in October 2019. The new funding will feed into parcelLab’s global expansion plans and new product development.

Founded in 2015 by Tobias Buxhoidt (CEO), Julian Krenge (CTO) and Anton Eder (COO), the startup has managed to bag such customers as Lidl, to which it provides automated personalized shipping messages. This means that as much as 85% of Lidl customers return to its website.

It also works with Ikea and Farfetch to increase basket sizes and email open rates of — it claims — over 90%, 25% reductions in WISMO (where is my order) and increases of customer reviews.

In a statement, Tobias Buxhoidt, CEO and founder of parcelLab, said: “As e-commerce becomes increasingly competitive, providing unique and branded experiences will drive growth. Identifying opportunities to further connect with people and build a better, stronger relationship is a key differentiator.”

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Timeshifter selected as one of Fast Company’s 2021 World Changing Ideas

Timeshifter is recognized by Fast Company for its accomplishments in translating sleep and circadian neuroscience into real-world tools with the potential to improve the lives of billions of people.

NEW YORK, NY (May 4, 2021) — Fast Company’s 2021 World Changing Ideas Awards were announced today from a pool of more than 4,000 entries, honoring the businesses, policies, projects, and concepts that are actively engaged and deeply committed to pursuing innovation for the good of society and the planet.

Timeshifter, the creator of the world’s first technology platform for circadian timing, received an honorable mention. Timeshifter enables people to proactively “shift” their circadian clock quickly or “shift” the timing of an activity to the optimal circadian time. This gives Timeshifter the unique and patent pending ability to solve several universal and multi-billion-dollar problems.

Timeshifter has already solved jet lag with an app it launched in 2018 — now the most-downloaded and highest-rated jet lag app in the world. Later in 2021, Timeshifter will launch a new app to help shift workers optimize their sleep, alertness, health, and quality of life. At least 20% of the global labor force are shift workers, changing to a new schedule soon after they adapted to the previous one, or never adapting at all. Timeshifter has also begun strategic work in the field of peak performance and chronotherapeutics that aims to treat illnesses according to circadian rhythms.

Our circadian clock controls almost every biological system in our bodies — from our sleep-wake cycle and mood and performance patterns to our metabolic, immune, and reproductive systems, and even many of our genes: By including Timeshifter as an honoree, Fast Company highlights the growing consensus that circadian science is the new frontier in human performance and personalized medicine.

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ClearMetal Recognized as One of the Four Notable Vendors in 2021 Gartner International Visibility Business Process Context

ClearMetal, the leading SaaS platform for international freight visibility, dynamic transport planning and customer experience, today announced it has been recognized by Gartner as one of the four vendors in the 2021 Gartner “International Visibility Business Process Context: ‘Magic Quadrant for Real-Time Transportation Visibility Platforms’” report.1

According to this Gartner report, “While many real-time transportation visibility platforms (RTTVPs) have expanded capabilities beyond core domestic road transport and now include pieces of, or all, international visibility as well, this research is focused on internationally focused vendors that are not included in the Magic Quadrant for Real-Time Transportation Visibility Platforms.”1

“ClearMetal is excited to be named one of the four solution providers recognized in the International Visibility Business Process Context of Gartner’s Magic Quadrant for RTTVPs. We believe this recognition validates ClearMetal’s position as a leader in door-to-door international freight visibility. The world’s largest shippers trust the quality and accuracy of our data and rely on our platform to provide insights about their freight in real time,” said Adam Compain, CEO of ClearMetal. “We congratulate E2open, TransVoyant and Infor for being named alongside ClearMetal in the International Visibility Business Process Context of Gartner’s Magic Quadrant for RTTVPs, as well as the over-the-road vendors featured in the Magic Quadrant.”

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SAP Foundry, Publicis to Launch Accelerator with 7 New Startups

SAP.iO, the investment arm of German multinational SAP SE, announced last month that it has launched its SAP.iO Foundry startup accelerator in Tel Aviv, focused on consumer engagement.

The accelerator program was launched in partnership with the digital business transformation company Publicis Sapient. Seven startups focused on developing advanced marketing and commerce solutions to help brands improve consumer engagement, have been selected to join the accelerator.

This is the first time that Publicis Sapient is taking part in the acceleration program in Israel.

SAP and Publicis Sapient will work closely with the selected startups during the three month program developing new joint solutions for personalized marketing content and offers, product discovery, social engagement, and more. The startups will also explore integrations with the omnichannel customer engagement platform Emarsys, one of SAP’s recent acquisitions, the company said.

“Recent year events and new market challenges in the Consumer Industries, emphasized the importance of expanding our partner portfolio in the e-commerce and marketing domains, and led us to launch a dedicated program with that focus.” says Lior Weizman, director of SAP.iO Foundry Tel Aviv.

Seven startups originating from Israel, US, Poland and UK were selected, Weizman said. The companies were selected after screening startups from more than 30 countries.

“The selected startups present advanced capabilities in their fields and have a strong track record of success, will enable SAP’s clients to engage in new ways with their customers,” Weizman added.

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Sustainable Waste Management Platform Goodr Exceeds Goal By $500K In Pre-Series A Funding Round

Goodr, a Black-owned and Atlanta-based sustainable waste management platform, has just announced that they’ve exceeded their own expectations.

In a press release announcement, it was revealed that the company raised $1.5 million in their recent Bridge to Series A funding round, which exceeded their initial goal by $500,000. Capital One Ventures were joined in this round by Backstage Capital, Unreasonable Ventures, and the Laurene Powell Jobs-helmed Emerson Collective.

“It is an extremely exciting time here at Goodr,” CEO Jasmine Crowe said in the press release announcement. “We are expanding our team, our market reach, and solving two critical problems at the same time. I welcome our new investors as part of the team as we continue to strive towards ending hunger.”

The company has already announced that they are on the hunt for a Lead Engineer, and are actively filling roles for other key executive positions. The supplemental funds will also allow them to improve their product and service offerings, increase marketing initiatives, and activate new markets.

The concept of Goodr doesn’t just cut down on food waste. Rather, it helps businesses save money on taxes, feed more people, and reduce food waste by rerouting surplus food from cafeterias and restaurants to people in need. Their food distribution services include grocery delivery, popup grocery stores, and food delivery to support food insecure communities around the United States. The company’s philosophy is simple: food insecurity is not an issue of scarcity, but of logistics.

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From a Crowded Field, Three SAP Store Partners Stand Out

Introducing the 2021 SAP Store Pinnacle Winner and Finalists

Partner SolutionsWhile 2020 was a challenging year in countless respects, there were silver linings – including the astonishing innovation among SAP partners developing new solutions available on SAP Store. Among them are longtime SAP partners as well as brand-new startups, all of which brought cutting-edge technologies to our customers. There are so many of these solutions, in fact, and such tough competition, that we would have been hard pressed to decide on our 2021 SAP Pinnacle Award winner without a raft of supporting data. A clear favorite and two runners-up emerged with agreement from a range of stakeholders. We are very pleased to congratulate these companies, beginning with Icertis Inc

Icertis: 2021 SAP Pinnacle Winner / SAP Store Partner of the Year

With three solutions available on SAP Store, Icertis had one of the highest numbers of transactions and contributed to the overall 2020 success of SAP Store. These criteria clearly demonstrate that the solutions are succeeding in addressing customers’ unmet needs, while supporting SAP’s digital transformation strategy. But that’s not all.Icertis’s three offerings on SAP Store integrate with two categories of SAP products – SAP Ariba and SAP Customer Experience solutions – and address a different aspect of supply chain management. Icertis Contract Intelligence is an AI-powered contract lifecycle management solution that integrates with SAP Ariba solutions to push contract data to complete downstream procurement processes. Icertis Integration for SAP Customer Experience accelerates lead-to-cash processes by connecting to the SAP CPQ and SAP Sales Cloud solutions. And Icertis AI for Accelerated Contract Transformation provides insights for improving contract management by digitizing legacy and third-party contracts, using AI to analyze negotiation history .All of these offerings address thorny supply chain management challenges that have become especially acute for companies during the disruptions caused by the pandemic: spikes in demand, uncertain transportation schedules, remote work scenarios, and much more. Already gaining traction on SAP Store, the Icertis solutions became even more popular during 2020 as businesses faced intense pressure to streamline processes in this arena.

Paradox: A Startup with a Unique Solution for Recruiting

First runner-up for SAP Store Partner of the Year is Paradox Inc., a startup that entered the SAP PartnerEdge, Build track from the SAP.iO program. Soon after onboarding its solution to SAP Store, Paradox sprinted quickly ahead to gain “Spotlight” status on the strength of its top-selling solution, Olivia. Olivia is a conversational AI assistant that automates administrative work for recruiters and hiring teams, integrating with the SAP SuccessFactors Recruiting solution. With Spotlight status, Paradox is entitled to additional go-to-market support provided by SAP Digital Commerce and the SAP field sales organization – and had one of the highest numbers of unique visits to its SAP Store landing page in 2020.

Centrical: Helping Employees with the Work-from-Home Transition

Second runner-up is Centrical, another company that recognized a major contemporary challenge and found a way to help companies cope. Centrical for Enterprise Learning Solutions from SAP helps employees suddenly working at home to stay engaged and connected. Through integration with SAP SuccessFactors Learning, the app gives managers visibility into individual performance to identify who might need a helping hand. What’s really unique about this offering is its gamification capabilities. Teams can compete in contests and earn badges and rewards, and built-in features for recognition and peer acknowledgement help keep employees motivated and alert managers to potential for talent development. We are so proud to be aligned with these great companies and congratulate them on their achievements. We also commend all the many superb innovators participating on SAP Store and look forward to more brilliant solutions making strides in the coming months. Most important: our customers thank you!

For more information on the 2021 SAP Pinnacle awards, read the newsbyte.

Accenture/SAP to accelerate sustainable transformation

Decades long, Accenture and SAP have been collaborating for many years to help companies to embed sustainability across their entire business operations to unlock new value in their supply chains.

Breaking down Accenture and SAP’s latest partnership

By combining SAP’s technology with Accenture’s Sustainability Services and broad industry knowledge, the two are expanding their current partnership to create new solutions that empower companies to accelerate full decarbonisation in the supply chain, and capture their share of economic growth that a circular economy could bring. 

The new solution

Co-innovating and co-developing, SAP and Accenture plans to create a new solution for responsible production, manufacturing and design. Its capabilities will help companies to embed sustainability metrics across their value chain and supply chains. 

How does it work?

The solution harnesses integrated data from multiple operations, allowing companies to better design and produce products with less waste, better recyclability, and more recycled content. 

By providing this solution, SAP and Accenture hope to help to reduce the growing cost of compliance which has been driven by new regulations. 

“Our work together will enable SAP’s customers, which include 92% of the Forbes Global 2000, to use their core systems to help drive their sustainability agenda, optimize their ESG performance and achieve their goals. This expanded collaboration builds on our long history with SAP — including our joint partnership with the United Nations Global Compact and 3M — and our shared commitment to drive adoption of the Sustainable Development Goals,” said Julie Sweet, chief executive officer at Accenture.

SAP’s Climate 21 initiative

In addition to partnering with SAP on this new solution, Accenture supports SAP’s Climate 21 initiative. Climate 21 allows companies to use analytics to measure and minimise their CO2 emissions as well as lower their carbon footprint across a products lifecycle. 

In doing so, sustainability metrics harnessed across the end-to-end supply chain allows for an integrated view of environmental savings and cost impacts, as well as the ability to more easily optimise operations.

“To successfully tackle the greatest threat to our world today, we need to collaborate at every level of business and society. Building on our long-standing and trusted partnership, SAP and Accenture are joining forces to help our customers realize long-term growth in a sustainable way. We’re creating visibility into the environmental impact across the entire value chain, providing enterprises with the insights they need to take the right action and accelerate their transition to the circular economy,” said Christian Klein, chief executive officer at SAP.

SAP.iO a global accelerator

Furthering their efforts to accelerate sustainable transformation, SAP and Accenture began a global sustainability focused accelerator program at SAP.iO

As part of the SAP.iO, the ‘Sustainability Future’ program – the latest cohort to date – aims to help B2B startups in their early stages drive digital transformation and innovation in four target areas: carbon tracking and trading, resource efficiency, climate risk tracking and mitigation, and circular economy.  

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“Safe but very uncomfortable” — a deep dive into SAP’s intrapreneurship programme

Intrapreneurship programmes often get criticised for being unstructured and ineffective.

Innovation consultant Alberto Onetti recently wrote that the majority of intrapreneurship programmes he has seen fail to produce meaningful results [and suggests ways of doing them better].

Worse yet, in a piece about the “dark side” of intrapreneurship, Tim Heard, founder of the Circle of Entrepreneurs, told the stories of entrepreneurs left in limbo, with little support structure.

So when I got the chance to have an inside look at SAP’s entrepreneurship programme recently, speaking with Vishal Shah, one of the entrepreneurs who has come through the programme and with Alexandra Begue, head of growth at the programme, I was curious to see how this one measures up.

The programme was revamped in 2015 and since then has assessed something in the region of 3000 ideas and produced 3 businesses, one of which has gone on to become its own business unit.

How the intrapreneurship programme fits in with the rest of SAP

Like many large organisations, SAP has a large number of innovation initiatives, for both “internal” startups that had been incubated within SAP and “external” startups that might want to work with SAP .

On the external side, SAP.iO Foundries is a network of equity-free accelerators for startups and SAP.iO Rising Stars is a program that helps promising startups scale up their partnerships with SAP.

On the internal side, the SAP intrapreneurship programme is a company-wide, internal scouting programme and SAP Venture Studio is a venture building unit in which takes the most promising of those scouted projects and turns them into commercial businesses.

These internally-built ventures most often become part of one of SAP’s existing business units. SAP Supplier Financing, for example, was a successful venture built by Vishal Shah, founder and general manager, in the venture studio. It was eventually merged with SAP’s Ariba Network, the ecommerce network.

How the intrapreneurship programme works

There is a call-out for ideas every spring between April and May, which will typically result in around 500 ideas submitted to the innovation team. Submitting an idea involves recording a short video, explaining the project and answering 6 key questions around whether the project can achieve mass scale, whether it can be efficiently tested and if SAP can leverage any particular advantage in pursuing the idea.

The innovation team will cull the initial 500 ideas down to 100 which will go through to a fast-track validation phase that takes around 3 months. The fast track teams receive mentoring and help in developing their idea.

Some 25 of the most promising of the ideas will go through to an 3-week accelerator programme, where they get an even more intense crash course in entrepreneurship and venture-building.

At the end of the accelerator programme, the teams pitch to an investment committee and around a handful go on to join the SAP.iO venture studio.

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These SAP.iO startups deliver personalized and holistic experiences for consumers on SAP Store

Shifting consumer values are driving new innovations to market at a speed like never before. Consumer Products companies must be able to serve consumers by orchestrating an ecosystem that delivers personalized experiences in the service of achieving an outcome, all at the most favorable cost.

To help drive their own innovation efforts, consumer products companies are increasingly looking to startups and new technologies to fuel future growth. By collaborating with startups to address the industry’s most pressing challenges with innovative solutions through SAP.iO, SAP is dedicated to empowering its customers to continue to thrive as prominent industry leaders. The seven startups that participated in SAP.iO Foundry Tel Aviv’s consumer products cohort last year are now all available on SAP Store in the latest set of solutions for SAP customers.

“We chose these seven companies to join SAP’s partner ecosystem as a result of due diligence and close collaboration with the industry and product teams at SAP. These startup offerings that are available on SAP Store provide critical solutions to the biggest challenges in the consumer products industry, helping SAP customers best utilize their existing data in order to improve the consumer experience,” said Inbar Yacoby, Program Manager, SAP.iO Foundry Tel Aviv.

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SAP.iO Startups Deliver Personalized and Holistic Experiences for Consumers on SAP Store

Shifting consumer values are driving new innovations to market at a speed like never before. Consumer products companies must be able to serve consumers by orchestrating an ecosystem that delivers personalized experiences in the service of achieving an outcome, all at the most favorable cost.

To help drive their own innovation efforts, consumer products companies are increasingly looking to startups and new technologies to fuel future growth. By collaborating with startups to address the industry’s most pressing challenges with innovative solutions through SAP.iO, SAP is dedicated to empowering its customers to continue to thrive as prominent industry leaders. The seven startups that participated in SAP.iO Foundry Tel Aviv’s consumer products cohort last year are now all available on SAP Store in the latest set of solutions for SAP customers.“

We chose these seven companies to join SAP’s partner ecosystem as a result of due diligence and close collaboration with the industry and product teams at SAP. These startup offerings that are available on SAP Store provide critical solutions to the biggest challenges in the consumer products industry, helping SAP customers best utilize their existing data in order to improve the consumer experience,” said Inbar Yacoby, Program Manager, SAP.iO Foundry Tel Aviv.

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