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SAP.iO Kicks Off Berlin Startup Accelerator Focused on Machine Learning and Artificial Intelligence

Newsbyte

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:

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Media Contact:
Benjamin Nickel, +49 170 4920616, benjamin.nickel@sap.com, CET

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