SAP.iO Foundry

SAP.iO Foundry — the global network of programs for startups, including business accelerators developed by SAP company. To the SAP.iO Foundry participating developers help to create the software which would have the high customer value of SAP. In addition to the mentor help, startups get access to the customer base of SAP and the API functions created by the German company.

History

2018: Start of a business accelerator for women

In August, 2018 SAP provided a business accelerator for the companies which are directed by women. SAP.iO Foundry gave support to nine startups in New York.

These developers of corporate IT solutions work with different technologies, including with machine learning, a blockchain, expanded reality (extended reality) and new generation of management systems for supply chains. The following startups took part in a business accelerator of SAP:

Participants of a business accelerator of SAP.iO Foundry

• Amberdata — the supplier of monitors and analytics for a blockchain infrastructure and "smart contracts;

• DMetrics — allows developers to create algorithms of machine learning which are capable to take useful information from any text without profound knowledge of programming;

• CN2 is the service transforming content of CAD, 3D and 2D to a format of expanded reality;

• Lately — offers the service using machine learning for optimization of messages on big platforms for marketing specialists;

• Narrativ — develops context-dependent technology for "smart" binding and advertizing;

• StyleSage — complements the commodity nomenclature with attributes and then compares these goods in online stores.

In New York SAP.iO Foundry helps women and entrepreneurs to scale from among minorities the startups in competitive environment of B2B-technologies — the development director of strategy of SAP Deepak Krishnamurthy said.[1]

Notes