BERLIN — SAP SE (NYSE: SAP) today announced the second and most diverse cohort of the SAP.iO Foundry program in Berlin, powered by the Techstars accelerator program.
The cohort includes 10 startups from across the globe — including four with female founders — reflecting SAP’s commitment to global inclusion and diversity.
The flagship SAP.iO Foundry in Berlin provides select startups with access to curated mentorship and exposure to SAP technology and application programmable interfaces (APIs), as well as opportunities to collaborate with SAP enterprise customers who can benefit from software-as-a-service (SaaS) solutions that harness the power of machine learning.
“SAP’s strategy to deliver the Intelligent Enterprise is to help our customers solve some of the world’s biggest challenges,” said Deepak Krishnamurthy, executive vice president and chief strategy officer, SAP. “With SAP.iO we are building an open, intelligent ecosystem around SAP products and platforms that complements our portfolio of breakthrough technology solutions. The SAP.iO Foundry in Berlin will accelerate founders building machine learning–based applications as well as drive inclusive and diverse entrepreneurship in the German startup ecosystem.”
These 10 machine learning startups are all revenue-generating businesses and span areas such as customer engagement and commerce, media and entertainment, and marketing and resource planning. The accelerator will run for 13 weeks and conclude with a “Demo Day” on December 5, 2018, in the legendary Babylon Cinema in Berlin.
This cohort consists of the following startups:
Benjamin Nickel, +49 170 4920616, email@example.com, CET
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2018 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.