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Helping Startups Turn Untapped Data into New Business Opportunities for SAP Customers

BERLIN SAP SE (NYSE: SAP) today announced its first data and analytics-focused SAP.iO Foundry Berlin startup accelerator program.

Seven startups have been chosen to participate in the virtual fall cohort held in collaboration with the SAP HANA and Analytics team with focus on the unique opportunities of data and analytics in the business-to-business space.

“Businesses are faced today with massive amounts of data coming into their lines of business practically from everywhere, just like a running faucet,” said Gerrit Kazmaier, president, SAP HANA and Analytics. “Our mission is to turn this untapped resource into a superpower that provides business value for everyone. It’s truly important to think about how we can connect people to data so they can use it for the benefit of their customers. Data is vast. We need to tackle it with lots of imagination.”

SAP.iO Foundry Berlin is part of SAP’s strategic business unit designed to accelerate innovation and drive new business models for SAP. The SAP.iO Foundries program is a global network of equity-free accelerator programs located in strategic startup hubs. It provides startups with access to mentorship, exposure to SAP technologies, and opportunities to meet and collaborate with SAP customers.

The selected startups will work closely with mentors from SAP, to develop proofs-of-concept, access SAP technology and application programming interfaces (APIs), and identify opportunities to collaborate with SAP customers. At the program’s core are the interactions with SAP’s customers who provide invaluable insights and guidance to the startups throughout their time in-program and beyond. The program will run for three months and conclude with a demo day in early January.

The cohort consists of the following startups:

To learn more about the SAP.iO program and how SAP is helping innovators inside and outside of SAP build products, find customers and change industries, visit SAP.iO.

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Media Contacts:
Anke Otto-Jungkind, +1 (650) 796-6478, anke.otto-jungkind@sap.com, PT
Lesa Beber, +1 (650) 390-1629, lesa.beber@sap.com, PT
SAP Press Room; press@sap.com

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