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In Supply Chain Management, Berlin

AI-Fueled Satellites Are First-Movers In Launch Of The Space Economy

Just as satellites revolutionized the space age in the 20th century, artificial intelligence (AI) has ignited the newest era in space commercialization with advanced analytics that can make the world’s infrastructure grid safer and more reliable. This latest innovation comes from LiveEO, a startup that delivers AI-powered analytics from satellite imagery of linear grids. The cloud-based service is already helping electric, railway, and pipeline companies detect and act on earthbound risks fast and safely.

“Intelligent satellite-based data is an efficient and eco-friendly way to monitor the ground environment around infrastructure,” said Martina Baccolo, global partner and alliances director at LiveEO. “Using AI to analyze satellite data from the earth’s surface, our solutions help companies identify and locate potential hazards to energy and transportation lines in record time with greater efficiencies.”

Headquartered in Berlin with offices in the US, UK and Latvia, LiveEO primarily serves organizations that operate electric power lines, oil and gas pipelines, and railways. Baccolo said that customers can typically reduce electrical outages by 14% within three years, and decrease operational expenses by 30%. She shared the company’s strategy with me at the International SAP Conference for Utilities in Basel.

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In San Francisco, HR & People Engagement

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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In Tokyo, Featured, Announcements

SAP.iO Foundry Tokyo To Accelerate Data & Analytics Startups

October 6, 2021 — SAP SE (NYSE: SAP) launched its B2B startup program at SAP.iO Foundry Tokyo with focus on data and analytics. Five startups working in the areas of data harmonization, business analytics, machine learning and data-as-a-service have been selected to join the program.

“It has become increasingly important for our customers to analyze data and get insights from it, particularly in light of the current COVID-19 pandemic,” said Hirofumi Suzuki, SAP Japan President and Representative Director. “This program will encourage our customers to use a variety of data on SAP platforms with new technology from cutting-edged startups”.

The equity-free program is designed to accelerate innovation and drive new business models for SAP’s customers. During the 13-week virtual program, the startups will have access to curated mentorship, exposure to SAP® technology and application programming interfaces (APIs), as well as collaboration opportunities with SAP customers.

The data and analytics cohort includes the following startups:

  • EAGLYS provides safer and more private ways of processing and exchanging data via secure computing systems, as well as enables AI to process always encrypted data.
  • Sustainable Lab allows companies to visualize the cost-effectiveness (contribution to earnings and stock price) of their sustainable development goals (SDG) actions using artificial intelligence and big data analysis.
  • Synspective offers one-stop-solutions using geospatial data from its own synthetic-aperture radar (SAR) satellites to provide data and analytic information to governments and commercial outfits.
  • Tradewalz provides a cross-industry digital trade platform to share trade documents and electronic data using blockchain technology.
  • Zeroboard streamlines corporate CO2 emission calculation, reduction management, and compliance with regulatory reporting and market disclosure.

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 300+ external startups and internal ventures accelerate their growth while enabling thousands of SAP customers to access innovation. For more information, visit https://sap.io/.

In Portfolio News, Funding Announcement, Supply Chain Management

Agranimo’s analytics platform wins funding boost

Brilliant Hire’s Smart Job Matching

Agritech start up Agranimo has announced that it has received €2m from Nector Holdings, the agtech arm of HL Halls, to allow it to further develop its data analytics platform for the produce industry.

The technology uses farm climate, soil and leaf sampling data to forecast orchard yields and help optimise field management and logistics.

Agranimo, which has offices in Santiago and Berlin, said the investment would enable it to improve its analytics to better use on-farm data in the supply chain, and expand the suite of tools to address the needs of smaller farmers and larger corporate clients looking for streamlined plant-relevant soil and climate data analysis.

Announcing the investment, Agranimo said Nector’s global presence in fruit production, sourcing, and made it the ideal partner.

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