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Expanding our commitment to startups: Launching our First SAP.iO Foundry Program in Tel Aviv

Blog Written by Inbar Yacoby

With the immense potential in the entrepreneurial spirit of Europe and as part of SAP’s strategy, I’m very excited to share the news that SAP.iO recently announced the launch of its first accelerator program in Tel Aviv. SAP.iO Foundry Tel Aviv further expands SAP’s operations in Israel and reflects SAP’s commitment to the dynamic Israeli high-tech ecosystem where we have been active for more than two decades, currently employing approximately 800 developers in our R&D centers in Ra’anana and Tel Aviv.

We are excited to collaborate with amazing entrepreneurs and welcome the following startups to our SAP.iO Foundry Tel Aviv Fall program:

ARpalus

Predictive Analytics using Augmented Reality

ARpalus helps CPG and retailers understand and predict their shoppers’ preferences using an AR-simulation platform, measuring real behavioral patterns and delivering AI-optimized in-store execution.

EasySend

A no-code smart form builder that empowers enterprises to quickly convert paper forms and clunky PDFs into compliant eForms with deep-analytics in less than two weeks.

EasySend serves over forty enterprise customers, including leading financial institutions and insurance companies in the US, Germany, Japan and Israel. EasySend’s has been adopted by over 90% of the Israeli financial and insurance market and tier-1 US and German financial

GrowthSpace

Online coaching platform for enterprise employees.

GrowthSpace replaces traditional employee training, like workshops or seminars, with personalized 1X1 training. Using technology, GrowthSpace offers personalized training at the cost of traditional training. Users hold one-on-one video coaching sessions targeted at a specific professional challenge.

Outgage

A direct mail platform that bridges the gap between offline and online campaigns.

Outgage is a software-as-a-service (SaaS) marketing direct-mail platform that makes a connection between offline and online campaigns to create personalized brand experiences, for effective conversations between enterprises and their customers.

Silverback

Sales decisions hub for online retailers

Silverback is an AI-driven sales decision hub for online retailers, empowering them to offer the top-performing products at the most competitive price and optimize promotions to massively boost sales.

Supersmart

Building the world’s leading fast and easy self-checkout system using AI loss prevention technology.

Supersmart provides the world’s first scan-and-go solution with advanced loss prevention capabilities, enabling consumers to instantly check out their fully-loaded cart or basket and have a positive customer experience.

YOUTILIGENT

We Change the Way Vendors and Consumers Connect.

YOUTILIGENT uses machine learning and the Internet of Things to enable vendors and service providers to change the way they communicate with their appliances, through a new connected consumer solution.

Read More…

SAP.iO Announces Seven Innovative Israeli Startups for the First SAP.iO Foundry Program in Tel Aviv

SAP announced the names of the seven Israeli startups that will take part in the first accelerator program at SAP.iO Foundry Tel Aviv.

The SAP.iO program is part of SAP’s innovation strategy and designed to accelerate early-stage business-to-business (B2B) startups that build innovative software and deliver high value for SAP’s customers.

“This foundry is part of a wider and exclusive network of similar programs we have created throughout the United States,” said Alexa Gorman, head of SAP.iO Foundries EMEA. “SAP.iO Foundry Tel Aviv reflects SAP’s commitment to the dynamic Israeli high-tech ecosystem.”

Startups will have access to curated mentorship, exposure to SAP technology and application programming interfaces (APIs), and opportunities to collaborate with SAP customers.

“The selected startups will have our support and access to our technology expertise,” said Orna Kleinmann, managing director at SAP Labs Israel and SVP, Technology & Innovation Cloud Experience. “We believe in their ability to offer a variety of advanced solutions for SAP’s customers.”

The SAP.iO Foundry Tel Aviv cohort includes the following startups:

  • ARpalus is an augmented reality (AR) and predictive analytics retail technology startup that builds an AI@XR platform for automatic collection and deep analysis of large-scale data on shopper behavior.
  • EasySend helps financial enterprises improve customer experience and increase operational efficiency using EasySend’s cloud-based, drag-and-drop, no-code platform to quickly and easily build 100% digital, omnichannel-accessible customer-facing processes.
  • GrowthSpace replaces traditional one-to-many learning and development using tailored online coaching platform for enterprise employees. Users hold one-on-one video coaching sessions targeted at specific career objectives.
  • Outgage is a software-as-a-service (SaaS) marketing direct-mail platform bridging the gap between offline and online campaigns to create personalized brand experiences, for effective conversations between enterprises and their customers.
  • Silverback is an online sales intelligence platform that relies on cross-marketplace analytics to enable online marketplaces, stores, sellers and brands to monitor product sales across different e-commerce sites.
  • Supersmart provides the world’s first scan-and-go solution with advanced loss prevention capabilities, enabling consumers to instantly check out their fully loaded cart or basket and have a positive customer experience.
  • YOUTILIGENT uses machine learning and the Internet of Things to enable vendors and service providers to change the way they communicate with their appliances, through a new connected consumer solution.

German Multinational SAP Launches 1st Foundry Program in Tel Aviv with 7 Startups

Foundry owners pictures cutting ribbon

We are excited to welcome these entrepreneurs to the SAP.iO family and help them accelerate their business with SAP,” said Alexa Gorman, head of SAP.iO Foundries EMEA (Europe, Mideast, and Africa). “We recognize that Israel has a dynamic high-tech ecosystem and our Tel Aviv Foundry reflects our commitment to the Israeli ecosystem.” The selected startups will have SAP’s support and access to its technological expertise, the multinational said in a statement.

“We believe in their ability to offer a variety of advanced solutions for SAP’s customers,” said Orna Kleinmann, managing director at SAP Labs Israel and SVP Technology & Innovation Cloud Experience, of the Israeli startups.

The seven selected startups for the 12-week program are:

  • ARpalus, a Caesaria-based AR and predictive analytics retail technology startup founded just this year. ARpalus is building a platform for the automatic collection and deep analysis of shoppers’ behavioral data.
  • EasySend, a Tel Aviv startup founded in 2016 that helps financial enterprises improve customer experience and increase operational efficiency through a platform that enables businesses to present customers with digital forms in a simple interface.
  • GrowthSpace, a startup developing a tailored online coaching platform for enterprise employees.
  • Outgage, a SaaS “marketing first” direct mail platform for email marketing and analytics.
  • Silverback, a Tel Aviv startup founded in 2014 that built a sales intelligence platform for online marketplaces.
  • Supersmart, a Rosh Ha’ayin-based retail tech startup founded in 2014 that provides a “Scan&Go” solution with advanced loss prevention capabilities, enabling consumers to instantly check out their fully- loaded cart or basket.
  • YOUTILIGENT, a Petah Tikva startup founded in 2016 that developed a connected consumer solution for connected appliances using machine learning and IoT tech.

Read More…

German giant SAP sets up accelerator program in Tel Aviv

Foundry owner pictured

German multinational software firm SAP SE is setting up an accelerator program in Israel, seeking new technologies in order to expand the portfolio of technologies and services it can provide to customers.


The Foundry program will be run by SAP.iO, a strategic business unit of SAP set up in 2017 to work closely with startups and tap into their innovations. The unit either invests in early stage startups or runs accelerator programs that provide selected startups with mentorships, a co-working space, and access to its 400,000 customers globally who can work closely with entrepreneurs to make sure their specific needs are met. The program will also make available data and SAP platforms startups may need to develop their technologies.

Seven startups have been selected for the first accelerator cohort:

  • ARpalus is an AR and predictive analytics retail technology startup that uses artificial reality (AR) and predictive analytics for the automatic collection and deep analysis of large-scale shoppers’ behavioral data.
  • EasySend helps financial enterprises improve customer experience and increase operational efficiency by allowing them to digitize all of their paperwork and “cumbersome” forms.
  • GrowthSpace develops tailored online coaching platforms for enterprise employees. Users hold one on one video coaching sessions with specific career objectives.
  • Outgage is a Software as a Service (SaaS) direct mail platform that bridges the gap between offline and online campaigns to create personalized brand experiences for effective conversations between enterprises and their customers.
  • Silverback is a sales intelligence platform for online marketplaces. It uses cross-marketplace analytics to enable online stores, sellers and brands to see their products’ sales performance across different e-commerce channels to enable them to do better pricing, marketing and promotions.
  • Supersmart provides a “Scan&Go” solution that allows consumers to instantly check out their fully loaded cart or basket, enabling a positive customer experience.
  • YOUTILIGENT uses machine learning and Internet of Things to enable vendors and service providers to change the way they communicate with their appliances.

Read More…