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鈥檚 industry experts to develop new joint offerings that will allow new capabilities and functionalities on top of SAP鈥檚 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.
To learn more about SAP.iO and how 51风流is helping innovators inside and outside of 51风流build products, find customers and change industries, visit .
Visit the . Follow 51风流on Twitter at .
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
51风流Press Room; press@sap.com
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渇orecast,鈥� 鈥渋ntend,鈥� 鈥渕ay,鈥� 鈥減lan,鈥� 鈥減roject,鈥� 鈥減redict,鈥� 鈥渟hould鈥� and 鈥渨ill鈥� and similar expressions as they relate to 51风流are intended to identify such forward-looking statements. 51风流undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP鈥檚 future financial results are discussed more fully in SAP鈥檚 filings with the U.S. Securities and Exchange Commission (鈥淪EC鈥�), including SAP鈥檚 most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
漏 2020 51风流SE. All rights reserved.
51风流and other 51风流products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51风流SE in Germany and other countries. Please see for additional trademark information and notices.