Software giant SAP announced this week that they have kicked off their first acceleration program in Singapore.
Dubbed as SAP.iO Foundry the program aims to accelerate Southeast Asian startups, providing them access to curated mentorship, exposure to SAP technology and application programmable interfaces (APIs), and opportunities to collaborate with SAP customers.
The first cohort will consist of seven early-stage Intelligent Enterprise startups focused on business-to-business (B2B) technology.
In a media statement issued by SAP, the software company stated that conscious efforts were made to include several startups founded and led by strong female entrepreneurs.
The first SAP.iO Foundry Singapore cohort includes the following startups:
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.
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.
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.
Enables and automates first-round tech interviews to identify the best engineering talent faster.
Offers a 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.
Helps online shoppers find apparel that fits. This e-commerce add-on aims to increase sales and reduce returns.
Provides an anticounterfeiting and antitheft solution that uses blockchain-enabled traceability to deter product counterfeiting and fraud.
Featured image credit: SAP.io