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SAP’s new incubator taps the potential of women and minority founders

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.

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Customers Have Strong Feelings About Toothpaste. This Start Up Uses AI To Help Companies Understand Those Sentiments

For shoppers aged 30-64 years old, 73 percent have posted online product reviews. This can have a huge financial impact: 94% of shoppers say an online review has convinced them to avoid a business. The problem for product manufacturers and retailers is how to quickly make sense of consumer sentiments across multiple online forums – not to mention data from internal sources like call centers, stores or surveys. With all that unstructured data and no way to make sense of it, companies struggle to understand their customers, competitors and markets. Currently, most organizations rely on data scientists and analysts, but this manual process is slow and expensive.

New York City-based startup, Revuze, has found a way to automate this process using its artificial intelligence (AI) algorithm to analyze customer opinions from different channels and data stores, tracking their perception of specific products and markets. The company believes it’s closing the last gap in customer experience with its solution which is already used by giants like Dolby, Pampers, Oral-B, Zara, Gillette and Barbie.

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David and Goliath: Large firms working with tiny startups

Big multinationals are increasingly bringing startups in-house or supporting them. Now software giant SAP plans to help out 200 startups founded by women and members of underrepresented minorities worldwide by 2023. SAP.iO Foundries is a worldwide network of startup projects. It has programs in Paris, Berlin, San Francisco, New York, Tel Aviv, Tokyo, Munich and Singapore. After selecting them through an application process, SAP supports young entrepreneurs with know-how and logistics.

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SAP Next-Gen et Startup Guide continuent de soutenir les entrepreneurs de Paris

Pour le lancement de sa deuxième édition, le Startup Guide de Paris a été rejoint par l’équipe de SAP Next-Gen afin de mettre en avant les incubateurs de startups et les aider à rester au cœur de l’innovation.

Le partenariat entre SAP et Startup Guide Paris est essentiel pour le succès de ces entreprises. Le Start-Up Guide regroupe des start-ups qui mettent en place des actions pour contribuer aux Objectifs des Nations Unies pour le Développement Durable, un enjeu majeur des prochaines décennies.

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La troisième promotion de SAP.iO Foundry Paris met à l’honneur des startups de la GreenTech

SAP.iO Foundry Paris, l’accélérateur de startups B2B Tech de SAP France annonce le lancement de sa troisième promotion le 8 octobre 2019. Après la supply chain et le retail, cette nouvelle cohorte regroupe des startups spécialisées dans les GreenTech B2B. Les startups sélectionnées pour cette troisième promotion auront toutes pour point commun de proposer aux entreprises des technologies pour réduire leur empreinte environnementale et rentrer dans l’économie circulaire. Les jeunes pousses concernées devront œuvrer dans les domaines suivants :

  • Mobilité durable
  • Gestion des déchets et recyclage
  • Gestion durable de l’eau
  • Efficacité énergétique
  • Efficacité matérielle
  • Villes intelligentes

Cette troisième promotion, composée de 6 à 10 startups, sera accompagnée pendant 10 semaines et à raison de 3 jours par semaine par des mentors SAP France issus du comité exécutif ainsi que d’une une cinquantaine de coachs de SAP ou issus de l’écosystème startups qui tiendront des workshops sur différentes thématiques.

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H&M, Microsoft, PVH Corp Collaborate in Circular Fashion Initiative

H&M, Target, PVH Corp, Microsoft, Waste Management and others have collaborated on CircularID, an initiative designed to promote circularity by creating a new standard for communicating information about fashion products. The project would provide access to information such as materials, origin, authenticity, price, style and recycling instructions that stay with goods throughout their life.

CircularID™ is a Digital Identity standard that enables products to consistently communicate and share information about themselves essential for identification and management of the products and materials in the circular economy.

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Sneak Peak of Spring Cohort SAP.iO Foundry Paris

Following the exciting Kickoff in April, the 8  Retail and Customer Experience startups have been working tirelessly with mentors, SAP technical experts and SAP customers to deliver the intelligent enterprise. On July 9th 2019 SAP.iO Foundry Paris hosted its Demo Day at the department store « Le Printemps » – here’s a sneak peek of the program’s highlights.

AI-Based Career Mentoring for the Masses

Personalized career development is no longer a perk for the privileged few at the top. An intelligent mentoring app called Ellen matches mentors and mentees from all levels of the organization. Launched by San Francisco-based, the Ellen app is popular with a growing number of major companies worldwide, including in the U.S. and Asia. was among the HR startups that recently participated in the SAP.iO Foundry San Francisco.

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WeGift Closes £4 Million Investment as It Sets to Revolutionise Global Digital Rewards Industry

SAP.iO Fund and Unilever Ventures join Series A investment round as WeGift reports 500 per cent annual revenue growth. This investment round will help WeGift deliver on its vision of creating the world’s first real-time infrastructure for digital rewards and incentives. The funds will be used to further scale WeGift’s operations, as well as to support the company’s expansion to the US, and for further investment in its technology platform.

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AI-Based Career Mentoring For The Masses: When People Talk, Innovation Happens

Personalized career development is no longer a perk for the privileged few at the top. An intelligent mentoring app called Ellen is matching mentors and mentees from all levels of the organization. Launched by San Francisco-based, Ellen is popular with a growing number of major companies worldwide, including the United States and Asia. Unlike traditional manual mentorship tools, the machine learning algorithm generates better matches at a massive scale by factoring in numerous, individualized parameters.

For companies, mentoring can boost succession planning, diversity and inclusion efforts, and employee retention. Employees at one organization were 25 percent more likely to strongly recommend working at their company after six months of participating in the program. Another customer identified a multimillion-dollar business opportunity after Ellen linked a mentee in product development with the director of sales.

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