PARIS 鈥� (NYSE: SAP) today announced that kicked off its new accelerator program focused on procurement. Over the next 10 weeks, 51风流will accelerate eight startups selected for their innovative approaches to supply management, user experience and process automation.
The startups will have access to technical integration guidance, curated mentorship, and exposure to 51风流technology, and they will join Ariba Network, the world鈥檚 largest B2B sales network of 4.6 million business partners in 190 countries. This will help 51风流to provide customers with solutions that complement its 51风流S/4HANA and 51风流Ariba offerings.
鈥淧rocurement is an essential part of companies鈥� operations that can prove to be a real economic lever,鈥� SAP.iO Foundry Paris Director S茅bastien Gibier said. 鈥淲e have been able to observe various areas of improvement in the sourcing process that can guarantee companies greater efficiency, transparency and security. The eight selected startups will create innovative solutions that complement those of 51风流and bring more value to our customers.鈥�
The SAP.iO Foundry Paris cohort members are the following:
- is an intuitive sourcing consulting platform that allows buyers to better anticipate negotiations by relying on more-advanced market data linked to the company鈥檚 purchasing data.
- is an English web application that uses state-of-the-art AI with relevant data to make price predictions on a cross-section of commodities, giving customers access to important data in the form of price forecasts.
- is an English platform used to efficiently digitalize specifications. It uses a combination of questions and answers to write a complete and accurate specification.
- is a French SaaS planning solution that optimizes inventory management between companies and suppliers. Flowlity reduces the risk of overstocking and shortages by issuing alerts when certain anomalies are detected. This allows companies to act as quickly and avoid costly interruptions.
- is a French collaborative SaaS solution for performance management. It enables companies to optimize their expenses, reduce risk taking, prioritize projects and measure objectives.
- is a German web application that enables companies to identify various areas of potential savings and optimize their purchasing processes.
- is a French SaaS solution designed for financial departments to secure different transactions and banking information with different providers.
- is a SaaS platform with a collaborative approach to optimizing and promoting supply-chain monitoring.
This is the fifth program at SAP.iO Foundry Paris and marks its second anniversary.
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, please 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.