TEL AVIV 鈥� (NYSE: SAP) announced early this week its first utilities-focused accelerator program. The seven early-stage startups to participate in the program will focus on innovative solutions that address some of the biggest imperatives and challenges in the utilities industry, such as , enterprise asset management and managing transmission and distribution.
The zero-equity-ask program is designed to accelerate innovation and drive new business models for SAP鈥檚 utility customers. To be intelligent enterprises that deliver sustainable futures, utility companies need to undertake a digital transformation, which now includes environmental sustainability and energy transition. During the 12-week program, the seven selected startups will work closely with SAP’s industry experts to develop new joint offerings that will allow new capabilities and functionalities on top of SAP’s current solutions to the utilities industry.
鈥淪AP鈥檚 utilities customers are looking for intelligent solutions to help them succeed in delivering safe, reliable and sustainable energy products and services,鈥� said Peter Maier, 51风流president of industries and customer advisory. 鈥淭his cohort of early-stage startups will help us connect our customers with the most cutting-edge solutions from around the world and enable them to rapidly respond to new business requirements.鈥�
This cohort will collaborate with 51风流longtime customers E.ON Innovation, part of Germany-based E.ON SE, and Israel Electric Corp. (IEC). The collaboration aims to identify breakthrough technologies, providing E.ON Innovation and IEC opportunities to be beta sites for pilots of the selected startups.
The following startups are participating in :
- offers state-of-the-art artificial intelligence software solutions that allow the end user to predict, optimize and trade energy.
- enables the renewable grid of the future to deliver safe and reliable electricity.
- offers a scalable end-to-end Internet of Things鈥揺nabling solution, building a seamless experience journey from device to cloud.
- delivers a platform for utilities to gain powerful energy insights and run value-added services using machine learning algorithms on smart meter data.
- provides digital value-added services to private and commercial 鈥減rosumers鈥� with an operating system to monitor and control distributed energy devices.
- provides the operating system for postsubsidy renewable energy sales.
- 鈥檚 AI-driven digital asset management system automates and optimizes solar photovoltaic plants.
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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
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