SAP SE today kicked off SAP.iO Foundry Singapore, its first acceleration program in Singapore. The program aims to accelerate Southeast Asian startups, providing them access to curated mentorship, exposure to SAP technology and application programmable interfaces (APIs), and opportunities to collaborate with SAP customers. The first cohort will consist of seven early-stage Intelligent Enterprise startups focused on business-to-business (B2B) technology.
“SAP is committed to Singapore’s dynamic startup ecosystem,” said Lalitha Bhaskara, head of SAP.iO Foundries Asia Pacific Japan. “We are excited to be working hand in hand over the next three months with these innovative startups to help them deliver winning outcomes and incremental value to our customers.”
The first cohort also includes several startups founded or led by strong female entrepreneurs, a testament to SAP’s belief that a healthy ecosystem includes entrepreneurs from diverse backgrounds and in line with the SAP.iO No Boundaries initiative.
The first SAP.iO Foundry Singapore cohort includes the following startups:
- Flowcast Inc.: Uses patented machine-learning algorithms to harness untapped, complex data to automate credit decision-making. This provides greater visibility to customers to address underserved markets.
- Pulsifi: Predicts workplace outcomes to identify, retain and develop great people. By using artificial intelligence to incorporate multiple data sources across hard skills and soft traits, this HR analytics platform derives employee success profiles to improve HR decisions across the employee lifecycle, from hiring to development.
- Notarum: Provides a modern workflow tool designed to reduce busywork by automating corporate due diligence. Notarum makes performing due diligence analysis and sharing work with teammates easier than ever.
- Adaface: Enables and automates first-round tech interviews to identify the best engineering talent faster.
- TADA: Offers a data-driven customer advocacy and engagement platform that helps brands moving from transactions to relationships and customers to advocates. This enables businesses to attract, engage and retain customers.
- Size n Fit: Helps online shoppers find apparel that fits. This e-commerce add-on aims to increase sales and reduce returns.
- LuxTag: Provides an anticounterfeiting and antitheft solution that uses blockchain-enabled traceability to deter product counterfeiting and fraud.
GERMAN software giant SAP aims to groom South-east Asian startups specialised in enterprise tech, with the launch of its first accelerator in Singapore on Tuesday.
Called the SAP.iO Foundry Singapore, the accelerator is kicking off with seven early-stage startups focused on business-to-business (B2B) technology.
The startups will gain access to mentorship, SAP’s technology and application programmable interfaces (APIs), and potential collaborations with SAP customers.
German software giant SAP aims to groom South-east Asian start-ups specialised in enterprise tech, with the launch of its first accelerator in Singapore on Tuesday (Aug 13). Called the SAP.iO Foundry Singapore, the accelerator is kicking off with seven early-stage start-ups focused on business-to-business (B2B) technology. The start-ups will gain access to mentorship, SAP’s technology and application programmable interfaces (APIs), and potential collaborations with SAP customers.
Participants focused on workplace tools include Pulsifi, which uses artificial intelligence to improve hiring and employee development decisions; Notarum, which automates corporate due diligence; and Adaface, which automates first-round interviews to identify engineering talent. Other start-ups taking part in the accelerator include Flowcast, which uses machine-learning to automate credit decision-making, and Size n Fit, an e-commerce add-on that helps online shoppers find clothes that fit.
Startups by women took merely 2.2 % of venture capital in 2017 according to data from PitchBook Data Inc., a financial data and software company headquartered in Seattle. It was also found that less than 13% of venture capital went to US startups with at least one female founder.
Startups by women and minority founders have been the focus of SAP.iO No Boundaries, SAP’s initiative to offer venture capital and incubation to underrepresented entrepreneurs, since its launch at the start of 2019.
Shoba Purushothaman, a founder of multiple startups in the last 18 years, is one of the women leaders that have received support from SAP. Purushothaman and her co-founders at Hardskills, an online platform that helps companies train their workforce in behavioural skills, have been one of six startups in SAP’s new B2B diversity accelerator in Berlin.
German software firm SAP announced the launch of its first startup accelerator in Singapore.
Called SAP.iO Foundry Singapore, the firm is looking to groom Southeast Asian startups that have a focus on enterprise tech.
Startups under their accelerator won’t just gain access to SAP’s APIs and tech, but will also benefit from mentorships and potential collaborations with SAP customers.
Laut Umfragen können sich viele Frauen vorstellen, ein Unternehmen zu gründen. Wenn sie den Schritt in die Selbstständigkeit wagen, gründen Frauen anders als Männer. Und sie müssen sich mit spezifischen Vorurteilen auseinandersetzen. Um weibliches Unternehmertum geht es in dieser Wirtschaftsdoku von Annika Krempel.
Das Scheinwerferlicht fällt auf Rania Redas dunkelbraunes Haar, als sie die Bühne betritt, um vor knapp 400 Leuten ihr Augmented-Reality-Startup zu präsentieren. Ihr Herz rast. Auch nach 22 Jahren im Startup-Geschäft und mehr als 70 Pitches spürt sie noch den Adrenalinrausch, sagt sie. Die Zuschauer merken davon jedoch nichts: Jeder Satz sitzt perfekt, die Gesten sind routiniert. Die ägyptische Softwareentwicklerin ist eine von sechs Gründern, die an diesem Abend beim Abschlussevent von SAPs Startup-Förderprogramm „No Boundaries“ in Berlin auf der Bühne stehen.
SAP wagt mit dem Programm derzeit etwas, was in der Branche Pioniercharakter hat: eine inklusive Startup-Förderung. Mit „No Boundaries“ hat sich der deutsche Softwarekonzern das Ziel gesetzt, mindestens 40 Prozent seines Investmentfonds SAP.iO in Startups zu stecken, die von Angehörigen von Minderheiten geführt werden. Weltweit wolle man auf diese Weise bis 2025 mehr als 200 Startups an acht Standorten fördern.
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Ich bin Astrid Freier und leite seit Mai dieses Jahres den Accelerator SAP.iO Foundry in Berlin. Es ist für mich ein Traumjob, da ich seit Jahren im Berliner Ökosystem zu Hause bin und hier nun wirkungsvoll die Brücke zwischen innovativen Startups, SAP und seinen Kunden schlagen kann. Mir macht es dabei sehr viel Spaß, mit diversen Teams zusammenarbeiten und meine verschiedenen Verbindungen aus Japan, USA etc. einzubringen.
Stellen Sie uns und unseren Lesern SAP.iO Foundry Berlin kurz vor!
Mit SAP.iO Foundry bieten wir innovativen Startups zweimal pro Jahr gründerfreundliche und equity-freie Programme. Kern dieser sind der Zugang zu unseren mehr als 400.000 Kunden und zu unseren Technologien, um die Lösungen der Startups mit SAP-Produkten zu verknüpfen. Uns ist dabei sehr wichtig, dass wir Gründerinnen und Gründer unterrepräsentierter Gruppen zu fördern. Gerade haben wir sechs großartige Startups im Programm, die von Frauen oder Angehörigen von Minderheiten mitgegründet wurden. Schon jetzt scouten wir für das nächste Programm nach innovativen Lösungen im Bereich Governance, Finance, Risk und Compliance, das am 30. September 2019 startet.
As competition for top talent in every industry heats up, an award-winning AI assistant named Olivia is stepping in to help recruiters and job candidates speed past antiquated hiring norms. The brainchild of Aaron Matos, co-founder and CEO of Paradox, Olivia is entirely mobile and relies on text messaging to compress the timespan between screening qualified people and hiring dates. “The assistant’s job is to get work done, and that’s what Olivia focuses on,” said Matos. “This frees up the recruiter’s time for more valuable responsibilities, like talking face-to-face with qualified candidates.”
SAP announced the launch of the first SAP.iO Foundry in Asia: SAP.iO Foundry Tokyo. Over the next 12 weeks, SAP.iO Foundry Tokyo will accelerate five business-to-business (B2B) Japanese technology startups, providing them access to curated mentorship, exposure to SAP technology and application programmable interfaces (APIs), and opportunities to collaborate with SAP customers. Unique to SAP.iO Foundry Tokyo, the cohort also will have access to the newly opened SAP Leonardo Experience Center and Inspired.Lab.
Back in January, we wrote about SAP when the German software giant and maker of enterprise software announced the launch of its SAP.iO No Boundaries initiative to fund and incubate startups led by women and minorities. Now SAP.io is expanding into Asia. SAP announced the launch of its first SAP.iO Foundry in Asia called SAP.iO Foundry Tokyo. Over the next 12 weeks, SAP.iO Foundry Tokyo will accelerate five business-to-business (B2B) Japanese technology startups, providing them access to curated mentorship, exposure to SAP® technology and application programmable interfaces (APIs), and opportunities to collaborate with SAP customers. Unique to SAP.iO Foundry Tokyo, the cohort also will have access to the newly opened SAP Leonardo Experience Center and Inspired.Lab.
The first SAP.iO Foundry in Asia has launched: SAP.iO Foundry Tokyo. Over the next 12 weeks, SAP.iO Foundry Tokyo will accelerate five business-to-business (B2B) Japanese technology startups, providing them access to curated mentorship, exposure to SAP technology and application programmable interfaces (APIs), and opportunities to collaborate with SAP customers. Unique to SAP.iO Foundry Tokyo, the cohort also will have access to the newly opened SAP Leonardo Experience Center and Inspired.Lab.
SAP.iO is SAP’s strategic business unit dedicating to driving startup innovation and new business models for SAP. SAP.iO Foundry Tokyo is the eighth location of SAP’s global network of top-tier startup programs, which include foundries and accelerators that enable startups to build innovative software to deliver value for SAP customers.
The first SAP.iO Foundry Tokyo cohort includes the following startups:
- InstaVR: Provides a no-coding, web browser–based interactive authoring tool capable of creating, distributing and analyzing a 360-degree view of content.
- ZENKIGEN: Provides an artificial intelligence (AI)-powered online platform that enables both live and recorded video interviews, while offering sentiment analysis of a candidate’s voice. This allows efficient recruitment and analysis of facial expressions for real-time interview coaching.
- fuzed.link: Provides a B2B lead generation tool based on social media content that allows companies to build content-driven landing pages for social media traffic.
- estie: Provides a real estate technology platform that offers interactive mapping. Using AI and machine learning algorithms, estie unleashes the potential of Big Data to simplify office search for tenants and analytics for institutional investors.
- Innovia: Provides a software-as-a-service (SaaS) solution that helps manufacturers effectively develop and manage the skills of manufacturing workers to improve productivity and efficiency while ensuring International Standards Organization (ISO) compliance.
For the past three months, Purushothaman and her co-founders at Hardskills — an online platform that helps companies train their workforce in behavioral skills—have been one of six startups in SAP’s new B2B diversity accelerator in Berlin. The German giant, a market leader in enterprise application software, launched the SAP.iO No Boundaries initiative in January, with the goal of incubating underrepresented entrepreneurs to drive inclusive entrepreneurship and level the playing field. It plans to boost 200 such startups by 2023.