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SAP.iO Foundry San Francisco Launches Accelerator Program Focused on Travel and Expense Management

SAP.iO Foundry San Francisco Launches Accelerator Program Focused on Travel and Expense Management

Newsbyte

SAN FRANCISCO 鈥 (NYSE: SAP) today kicked off the 聽Foundry San Francisco business-to-business (B2B) travel technology accelerator, with eight early-stage enterprise startups.

This program is geared to improving the travel and expense management experience for SAP鈥檚 customers, and includes the Startups in the program will have access to curated mentorship, exposure to 51风流technology and application programmable interfaces (APIs), and opportunities to collaborate with 51风流customers.

鈥淐ollaboration with SAP.iO will help foster an open innovation ecosystem and will help us deliver new emerging technologies that bring value to our customers,鈥 51风流Concur President Jim Lucier said. 鈥 We look forward to working with the rising stars in the travel technology industry and helping them scale.鈥

The following startups are participating in the Spring 2020 program:

  • is launching the world鈥檚 first group airfare marketplace 鈥 providing travelers the ability to shop, purchase and manage group trips online.
  • is a software-as-a-service (SaaS) platform that provides enterprises with full visibility over contingent worker travel, ensuring that bookings meet travel policies, expense limits and safety standards.
  • provides technology that enables companies to offset their carbon footprint generated from flying with an automatic one-cent-per-mile donation to an environmental nonprofit organization chosen by the individual or company.
  • is the first mobile expense management system in Southeast Asia connected to the region鈥檚 financial and tech ecosystem, serving tens of thousands of users across hundreds of enterprises.
  • is a platform that uses machine learning to predict flight delays. Lumo’s APIs and SaaS products are used by travelers, travel management companies, airlines, travel insurance and travel technology companies to help proactively manage disruptions hours to weeks in advance.
  • is a location-technology platform that聽enables businesses to integrate critical data consisting of about 4.3 million travel destinations, driving rich user experiences that translate to higher engagement and increased bookings.
  • is a flexible project-based workspace that helps businesses automate and streamline travel workflows, such as travel documents and reports, data normalization and cost reconciliation.
  • produces software employing artificial intelligence for the travel management industry to help automate call centers, providing greater service at lower operational costs.

The accelerator program will conclude with an SAP.iO Demo Day presentation at the beginning of June.

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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
; press@sap.com

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