SAP.iO Foundry Singapore invites stakeholders and individuals to its invite-only Demo Day

Innovation is currently a hot topic on the agenda of all corporates. Nearly all of them want to ‘make innovation real’. That is, they desire to harness innovation as the catalyst for achieving real business value, business outcomes, and better experiences for their customers.

Even before the term exploded in the ecosystem and beyond, SAP has always nurtured a culture of innovation by building an infrastructure that provides a foundation for growth and innovation.

To this end, SAP.iO Foundry Singapore was launched to help startups build innovative enterprise software solutions that deliver value to SAP customers. Startups accelerated in the program have integrated their solutions with various SAP products.

Lalitha Bhaskara, Head of SAP.iO Foundries Asia Pacific Japan, explained why they launched the inaugural acceleration programme in Singapore.

“SAP is committed to Singapore’s dynamic startup ecosystem,” she posits, expressing their excitement to be working with the innovative startups to help them deliver winning outcomes and incremental value to SAP’s customers.

The SAP.iO Foundry – fueling an early-stage ecosystem

The SAP.iO program is fueling an early-stage ecosystem of innovation for SAP by investing in and accelerating entrepreneurs building great software. The SAP.iO Foundries is a top-tier program that provides select startups with exposure to data and technologies from SAP as well as opportunities to meet and collaborate with SAP customers. Current locations of SAP.iO Foundries are in major startup hubs, including Tokyo, Paris, Berlin, Munich, Tel Aviv, New York City, San Francisco, Tokyo, and Singapore.

Meet the pioneer batch – strong female entrepreneurs represent

40% of the startups in the first cohort are 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 includes the following startups:

1.) Adaface — Enables and automates first-round tech interviews to identify the best engineering talent faster.

2.) Flowcast — 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.

3.) LuxTag — Provides an anti-counterfeiting and anti-theft solution that uses blockchain-enabled traceability to deter product counterfeiting and fraud.

4.) 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.

5.) 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.

6.) SizeNFit — Helps online shoppers find apparel that fits. This e-commerce add-on aims to increase sales and reduce returns.

7.) TADA — Offers 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.

Intelligent Enterprise Demo Day

To celebrate the startups’ achievements, the accelerator programme will culminate in a private, invite-only Foundry Singapore Demo Day on 5 November 2019. This event, which will commence at 5 pm, provides an opportunity for corporate innovation leaders to meet the startups and get a demo of the solutions they have built. Register here if you’re keen on meeting the best startups in the programme.

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