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Sustainable Lab harnesses the power of data science

Yuki Kishi, the chief financial officer of Sustainable Lab, a financial technology startup that gathers companies’ ESG data and provides it to investors and banks, was the guest at The Japan Times Sustainable Roundtable No. 27, hosted by Ross Rowbury. Sustainable Lab participated in SAP.iO’s Foundry Tokyo Data & Analytics Program.

The company wants to become a recognized platform in the quest for worldwide sustainability and contribute in a meaningful way to sustainability-based decision-making. In the coming years, they hope to expand their business operations outside their base of Japan to include Singapore, Europe and the United States. Kishi and Rowbury discussed a range of topics including diversity, Sustainable Lab’s initiatives and issues facing the sustainability transition today.

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German Robotics Pioneer Wandelbots Expands No-Code Solution to U.S.

Wandelbots, the German-based no-code robotics software firm, recently opened a U.S. headquarters in Chicago to expand its global operations and accelerate human-centered robotics solutions in the manufacturing industry. Its signature software, Wandelbots Teaching, works the same with any robot, allowing users to control various models with no prior programming knowledge.

As the industrial robotics market continues to grow, developers and end users need an easy-to-use platform for robotic automation. The Wandelbots’ no-code solution is built to provide users of all competencies the ability to program a robot for maximum efficiency and automation.

“Our product is tailor-made for the U.S. market, which is ideal as a prerequisite for successful expansion,” said Christian Piechnick, Wandelbots founder and CEO. “The labor shortage in the United States is severe right now and is getting worse. Wandelbots can help to face this challenge and support U.S. companies on their way towards automation and digitization of manufacturing processes.”

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Wise Systems Expands Delivery Automation Platform

Ultra-high-capacity and enhanced user experience ideal for broad range of industries, including couriers and distribution centers

Wise Systems unveiled an expanded version of its delivery automation platform that offers industry-leading, high-delivery capacity combined with further improvements to the easy-to-use interface. This latest edition gives route planners and dispatchers across industries an ideal mix of power, speed and automation to seamlessly manage large-scale delivery operations.

This enhanced edition of the Wise Systems platform is ideally suited for large-scale, high-volume last-mile delivery fleets across a range of industries, including couriers, retail, food, beverage and others. It is featured in the Wise Systems booth (Booth # 320) at Manifest 2023, a leading conference focused on the ecosystem of innovation and transformation in supply chain and logistics.

The Wise Systems platform expands the ability to route, visualize and manage stops to include large volumes, offering the most intuitive user experiences for planners and dispatchers. It also offers resource flexibility, easily accommodating hybrid workforce models such as a combination of gig workers and FTEs.

“Next-generation delivery software requires the perfect balance of automation and control,” said Chazz Sims, Wise Systems CEO and cofounder. “With additional capacity for high-volume industries, we’re streamlining planning and dispatcher roles, and complementing that with robust tools for managing the delivery day. This platform integrates with our clients’ last-mile ecosystems, and empowers their teams to improve operations while ensuring excellent customer service and driver experiences.”

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The Bersin Company + Sounding Board Research Explores The Essential Need For Mentoring In Leadership Development

Sounding Board, the first cohesive Leader Development Platform created to address the leadership gap, has made its latest research, “Coaching for Success: A New Wave of Offerings for a New Breed of Leaders,” available. Coaching is a proven high-value investment leveraged by high-performing companies, according to Josh Bersin, global industry analyst, and Nehal Nangia, director of Research for The Josh Bersin Company.

According to Bersin’s research, coaching and mentoring are the most important developmental and talent management needs for HR professionals, accounting for 48%, followed by in-depth courses (42%), more responsibility (39%), rotational assignments (36%), and external networking/conferences (36%). (32 percent). Coaching is particularly unique in that it helps develop leaders through experiences, exposure, and constructive evaluation.

Sounding Board Co-founder, President and Chief Coaching Officer Lori Mazan said, “Not only is continuous leadership development foundational to business success, it’s also a desirable developmental growth opportunity for employees. This research validates how Sounding Board’s ability to integrate both personalized and group coaching into leadership development programs helps to drive significantly higher talent and innovation outcomes.”

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Driving the Industry Shift to Quality of Hire, Crosschq Positions for Aggressive Growth in 2023

Labor Market Shift from Quantity to Quality Hiring Increasingly Escalates in Importance

 Crosschq continues to drive the fundamental shift using outcomes to optimize talent acquisition. As market conditions fluctuate in response to global economic pressures, labor shortages and supply chain challenges, Crosschq is expanding and changing the paradigm for hiring.

Last fall, Crosschq published the industry’s first Quality of Hire research report, designed to help employers hire better. “More than 80 percent of talent leaders still believe they don’t have adequate data to optimize talent acquisition,” said Michael Fitzsimmons, CEO of Crosschq. “Talent acquisition leaders are shifting their mindsets from hiring quickly to hiring quality. That’s why whether during times of high-volume hiring or highly specialized hiring, organizations rely on Crosschq to save time and money while ensuring data-driven quality of hire.” To date, Crosschq has supported talent leaders in more than twenty-five million hiring decisions across its suite of applications.

During 2022, Crosschq’s revenue grew by 308 percent, and it welcomed its 400th customer, including market leaders Deloitte, WPP, Pinterest, Allegis, Saks Fifth Avenue and Roku. The company also forged new partnerships with Lattice, Sterling, Paradox, Teamable and Goodtime and expanded integrations with Workday, Greenhouse and SAP.

To further increase its analytics capabilities, Crosschq acquired TalentWall, the popular recruiting platform built by recruiters that enables them to collaborate productively through the use of data. TalentWall Co-founder, Jake Paul, joined Crosschq’s leadership team as Chief Product Officer. In his new role, Paul has been instrumental in driving deeper analytics capabilities to include more than seventy-five readily available Quality of Hire reports and added global capabilities in localizing infrastructure in the EU to support GDPR and support for Spanish, Portuguese, Mandarin and other languages.

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Mercaux Pulse of Retail report showcases retailers’ digital transformation strategies in 2023

The latest edition of the annual Pulse of Retail report, exploring the strategies of leading retailers for the upcoming year, was officially released at last week’s NRF 2023 event in New York.

The Mercaux offering, which surveyed more than 500 retailers, has for the first time been jointly commissioned by fellow MACH Alliance members, Fluent Commerce, commercetools and Orium.

According to the research, the top technologies in “launch phase” are centered around customer experiences, with 87% of retailers focusing on this area during 2023.

Additionally, the survey found that composable architectures are important for 91% of respondents, suggesting that retailers are recognizing the need for flexibility and scalability in their technology systems, in order to quickly adapt to changing customer needs and market trends.

Meanwhile, transitioning from legacy to next generation Point of Sale (PoS) systems is important for 79% of retailers.

However, the survey revealed that just 11% of retailers currently offer a frictionless omnichannel experience, where customers can seamlessly transition from shopping online to in-store, and vice versa.

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Zippin Walk-Up offers accessible way to deploy checkout-free locations with no CapEx

Zippin has launched Zippin Walk-Up which allows food and beverage counters to turn into checkout-free locations without changing the equipment already in place.

The company says that minimal construction is required, and existing stands can be converted in just days. An all inclusive monthly subscription starts at under $4,000 with no upfront CapEx.

Zippin says: “We’ve launched 83 stores to date and our customers are experiencing the significant business benefits that come with the speed, accuracy, and efficiency of checkout-free.”

“These include revenue increases of up to 78%, per-caps increases of over 60%, and average check sizes going up by 15%. With Zippin Walk-Up, all these benefits can be achieved with a lower upfront investment, faster deployment, and no CapEx requirements.”

It continues: “Our goal is to enable forward thinking businesses to invest in the technology that’s best for their customers and begin seeing results immediately.”

“The speed that Zippin Walk-Up offers retailers opens up new verticals wanting to deploy frictionless shopping in more spaces: truck stops, food courts, campus dining, stadiums, and more, can go fully frictionless with Zippin Walk-Up.”

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Censia’s Growth Journey

Meet Censia

What makes Censia tick? Their core value that every person counts.  Founded in 2017 by CEO Joanna Riley, Censia unleashes the power of the people by delivering transformative talent intelligence, helping customers supercharge SAP’s human resources management solutions portfolio with AI-powered resume review, passive sourcing, and candidate evaluation. After achieving a 10x growth in 2020 following a $21M Series A funding round, Censia has been helping the biggest brands optimize recruitment and talent management by transforming executive intelligence, workforce intelligence, and talent acquisition.

Making Data-Driven Talent Decisions

Censia’s partnership journey with SAP began in 2019 when Censia joined SAP.iO Foundry San Francisco’s Future of Work accelerator as a seed-stage company. Looking to leverage the strength of SAP’s network, Censia quickly became an SAP partner with an integrated solution in SAP SuccessFactors Recruiting and a listing on SAP Store. Censia Talent Intelligence was fast to become wildly successful and last year, Censia became an SAP Endorsed Application, a prestigious recognition only received by 1% of SAP store partner solutions. To date, Censia has closed numerous deals with SAP and major brands such as Tapestry Inc., TJ Maxx, and PepsiCo Inc. Today, as Censia rapidly scales, SAP continues to see the major impact their solution has on improving human resource management for SAP SuccessFactors customers.

On Partnering with SAP.iO

Censia CEO Joanna Riley credits her experience working with SAP.iO and the inside knowledge and insights shared as critical in helping to set Censia up for success in working with enterprise. Riley shared that SAP.iO’s input on company presentation was extremely valuable in successful meetings with SAP, SAP customers, and investors, and really felt part of a selective group of entrepreneurs who are the next generation of leaders with an edge.

 

“Entrepreneurship is about continuous learning and to be able to be part of SAP.iO, I feel like I’m cheating. I’m learning from lessons that have been learned through years of experience that SAP has acquired and taking those and applying them to my business so that we have a head start. I would recommend any company especially focused on enterprise to look at SAP.iO as a real solution to build a produce that is great for enterprise.”
– Joanna Riley, CEO, Censia

 

As one of the most successful startups in the SAP.iO portfolio, we look forward to many more joint successes and a fruitful journey together ahead! Learn more about how Censia adds AI-powered talent intelligence to SAP SuccessFactors here.

SAP.iO Foundries 2022 Portfolio Awards Roundup

Congratulations to the myriad of startups in our portfolio that have been recognized by leading publications for their innovative solutions in 2022!  We are proud to have innovative startups like these in our portfolio and are very proud of their accomplishments. Check out this curated selection of awards from the past year and explore the startup solutions available on the SAP Store:

 

SAP.iO Foundries 2022 Portfolio Acquisitions Roundup

Congratulations to the 19 startups in our portfolio that have successfully exited via acquisition in 2022! These acquisitions not only represent positive outcomes for the startups, but also a validation of their innovative ideas and solutions. We are proud to have been a part of their journey and look forward to their continued success in their next chapters.

 

  • Firstbird was acquired by Radancy
  • Cultivate was acquired by Perceptyx
  • Codecheck was acquired by Testberichte
  • Presize was acquired by Meta
  • Scortex was acquired by TRIGO Group
  • CardUp was acquired by Funding Societies
  • Databand was acquired by IBM
  • SundaySky was acquired by Clearhaven Partners
  • Ecotrek was acquired by EcoVadis
  • Askdata was acquired by SAP
  • ChatBook was acquired by Monex Group
  • Ziggeo was acquired by Kargo
  • Industrial Analytics was acquired by Infineon
  • TeamCore was acquired by Accel-KKR
  • StyleSage was acquired by Centric Software
  • Pico was acquired by Infront
  • Raycatch was acquired by BladeRanger
  • GridX was acquired by E.ON
  • FSIGHT was acquired by Tigo Energy

Camus Energy, Bidgely, and LiveEO identified as leading startups helping utility companies digitize and automate operations

Amid the shift to renewable energy, this Market Map looks at the tech providers helping utility companies like National Grid and Dominion Energy decrease costs while stabilizing power supplies on the grid.

The power grid is currently undergoing some of the biggest operational changes since the adoption of AC power more than a century ago.

The old power grid was centered around large, centralized, fossil fuel-based power plants located away from population centers as well as the use of transmission and distribution lines to connect power generators with power consumers.

Renewable energy sources like solar and wind are now challenging the fossil fuel-based nature of conventional power generation, while new distributed energy resources (DERs) like rooftop solar panels are shifting power stations to a more decentralized model. While these changes make the power grid more sustainable, new digitization and automation tech is required to bring these devices onto the grid in a way that is cost-competitive with conventional fossil fuel power generation.

SAP.iO startups Camus Energy, Bidgely, and LiveEO were identified by CB Insights alongside 146 startups as leading startups addressing 8 technology priorities for utility companies, from distributed energy resources to micro-grid/off-grid.

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Plum Named a “Hot Company to Watch” in 2023 by Nucleus Research

Revolutionary talent assessment platform Plum announced today that it has been named to the “2023 Nucleus Research Hot Companies to Watch” list. Plum was recognized by Nucleus for changing how employers view screening and assessment throughout the employee lifecycle, offering data-driven insights and predictions that cannot be surfaced through traditional methods, such as resumes.

Per Nucleus, the annual “Hot Companies to Watch” list features leaders in their respective spaces alongside newer market entrants, well-positioned to maintain high-performance levels in 2023 and beyond. To select the 12 honorees, analysts from Nucleus assessed each company’s ability to carry out strategic initiatives, with those included in the accompanying research note having moved toward driving value amid economic uncertainty.

Plum CEO Caitlin MacGregor shared, “As 2022 comes to a close and the world gets ready for 2023, we are excited to be recognized by Nucleus Research for bringing a new approach to talent processes as we continue to grow and partner with more companies. This is an increasingly critical moment for many talent teams, in need of solutions that drive value and impact, both pre- and post-hire.”

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SAP again recognized for its open innovation approach with startups and intrapreneurship

December 7, 2022 — For the third consecutive time, SAP SE (NYSE: SAP) was recognized with the Corporate Startup Stars Award 2022 as one of the Top 50 companies encouraging startup innovation. The annual award celebrates companies promoting best-in-class open innovation practices and fostering global corporate-startup collaborations.

SAP also received the Intrapreneurship Program Award for enabling employees to become intrapreneurs and transform their innovative ideas into new growth businesses for the company. On December 6, the International Chamber of Commerce and innovation advisory firm Mind the Bridge announced this year’s winners at the award ceremony in London.

SAP follows a holistic open innovation approach. With its strategic business unit SAP.iO, the company supports early-stage ventures to accelerate and scale new ideas inside and outside the company.

“Both the internal and external side of our open innovation is critical to the future of SAP as it helps our customers continue in their digital transformation processes,” said Alexa Gorman, Senior Vice President SAP.iO. “This recognition demonstrates that we continue to successfully help startups and employees scale to provide our customers with additional innovation that complements their investments in SAP’s products.”

SAP.iO offers a curated portfolio of more than 450 startup solutions.

Since 2016, the Corporate Startup Stars Awards have honored companies that are role models in open innovation and are strongly committed to collaborating with startups. Startups nominate the companies that they believe are most active in the area of open innovation.

“The combination of Intrapreneurship and Venture Studio that SAP.iO has developed over the past eight years is now one of the benchmarks at the international level,” said Alberto Onetti, Chairman of Mind the Bridge. “This is true both for the ability to deliver results, meaning high quality projects, and for the continuous improvement of reach and inclusion.”

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/.

Inspiring Innovators: Chandralika Hazarika Co-Founder of BigThinx, On The Right Place, The Right Time.

At SAP.iO, we work with innovative people and new technologies that positively impact our world every day, and we think it’s time to share their stories with you! In our series, “Inspiring Innovators,” we get to hear how leaders of cutting-edge startup technologies overcame, thrived, and pursued their goals. SAP.iO’s Alexa Gorman sat down to discuss the road to success and lessons learned with some of our most inspiring startup founders.

Meet Chandralika Hazarika

 

Having someone anticipate your needs before you ask is something of a talent. Waitstaff that refills your glass at a restaurant without being asked, a business offering umbrella’s on a day you’ve forgotten yours, or a friend that drops by with coffee on the morning you’ve run out. Being able to think ahead and predict what your family, friends, or even customers might need is a tricky skill to manage, but useful. Sometimes it is a case of the right place and the right time, as it was with our next inspiring innovator Chandralika Hazarika. Her unique combination of skills and strategic vision allowed her to anticipate a need in the marketplace BEFORE it became critical, thus allowing her company to come ready with a solution as soon as it was sought. Most useful indeed.

With more than 15 years of branding and marketing experience, Chandralika turned her attention to entrepreneurship with a focus on building digitally empowered brands. An architect by education, she always wanted to do something on the creative side of the business with people. While she worked as a branding manager, she gained experience understanding design and working with technical people.

In an instance of the right place, right time, Chandralika met her future co-founder, Shivang Desai, by chance in Bangalore when he was searching for tech talent. With a background in finance and strategy, Shivang had already started three technology companies. The two realized that their strengths were completely different but complementary; thus coming together to create something new would have a great chance of success. Looking to build simple, intuitive high-tech products that are quickly adopted, they came together to form Bigthinx in 2016.

Bigthinx is an artificial intelligence company building software for online fashion retailers, using mobile body scanning, virtual try-ons, and digital twins. Their technology creates a 3D body scan using two full-body photos for precise instant apparel size and fit predictions, creating a personalized virtual avatar that is a digital replica and automates the production of 3D digital clothing from catalog photos at scale. This technology enables try-ons of any clothing virtually to see how it would look and fit as if in reality. These quick, easy, and impactful virtual shopping experiences drive significant reductions in returns and increased conversions for online retailers. Bigthinx works with the world’s largest retailers and fashion brands in the US, Europe, and Asia.

“When you know the body data, that can be shared with the designers, so they design better for the body types in that region. You know, it’s all about impacting the whole supply chain beyond just reducing returns. And in doing so, we would influence fashion design, reduce waste, and create happy retailers and customers!”

At Bigthinx, Chandralika continues to build new ways to put consumers first, still looking to anticipate their needs before they ask. In addition, she is a fashion design enthusiast and owns a fashion label called Velvet Piano. If all of this were not enough, Chandralika also received the distinguished Accenture “Women in Tech” 2021 award.

Get more highlights from the interview here!

Crosschq Named Best in Class HR Technology for Recruitment by 2022 HRO Today Association Awards

Crosschq, pioneers of the Talent Intelligence Cloud™, which is powering a revolution in data-driven hiring and people analytics, today shared that it was recently named the Best in Class HR Technology for Recruitment in North America by the 2022 HRO Today Association Awards.

For more than 15 years, the HRO Today Association has recognized company and individual accomplishments in human resources, technology, and leadership around the world. This year’s North America and EMEA program garnered hundreds of submissions, with 71 selected as finalists. The awards for these regions were presented during the virtual HRO Today Association Conference, which took place on November 16, 2022. Of those named as finalists, 37 companies and individuals, including Crosschq, took home awards during the ceremony.

Elliot Clark, CEO & Chairman of SharedXpertise, publisher of HRO Today, commented, “With the HRO Today Association Awards, we aim to recognize the companies and individuals advancing the HR function. What Crosschq provides improves upon several of the challenges and pain points that talent teams frequently lament. It emphasizes transparency and collaboration while identifying process inefficiencies and delivers critical insights. Crosschq is truly a best-in-class recruitment solution, and we congratulate them on this win.”

Crosschq CEO Mike Fitzsimmons shared, “As an organization, Crosschq is aligned around a common goal: to redefine hiring success. And we know that to help HR and TA leaders create diverse, winning teams, they need access to actionable data and insights that supports Quality of Hire. The solutions we deliver reflect that, and on behalf of the Crosschq team, I would like to express our gratitude to the HRO Today Association for this tremendous recognition.”

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