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SAP mines internal talent to incubate Innovative Startups

SAP showcased what it means to be an innovative and inclusive company. SAP has an impressive incubation system that nurtures startups that create products and solutions to help intelligent enterprises adapt, compete and thrive in a fast-changing world.

Through the SAP.iO Venture Studio, SAP mines the extraordinary talent and unique assets internally to help startups build successful businesses that enable customers to solve massive problems and work more efficiently and productively. The SAP.iO Venture Studio also empowers and guides startups that address social needs or environmental concerns.

Ruum by SAP helps customers manage their projects by bringing together interested parties and keeping them on the same page. This simple project-management-as-a-service solution includes task management, timelines, file storage and team collaboration. It integrates with various cloud solutions from SAP, including SAP Global Track and Trace, SAP C/4HANA, SAP Demand Signal Management and SAP Digital Boardroom. Better yet, it has its own digital assistant, Ada, who keeps all team members informed on milestones and changes to make sure nothing falls through the cracks.

Brilliant Hire by SAP allows prospective employers to evaluate a candidate’s skill and fast tracks hiring without bias. With a digitalized prescreening process, Brilliant Hire by SAP provides robust insights that experts can review. It is available in an alpha version on SAP Cloud Platform integrated with SAP SuccessFactors solutions.

Atlas by SAP is a portfolio of easy-to-use applications that brings speed and accuracy to help companies make business decisions based on location data. It enables retailers to understand what products they should carry and consumer goods companies to determine which stores to target for marketing campaigns. With just a click, Atlas’ powerful geospatial analytics platform uses near real-time data to provide detailed yet anonymous information — including age ranges, income and residing zip codes — about hourly traffic near proposed locations. Having already proved itself with its first midmarket customers, Atlas has secured a €4.5 million second investment commitment from the SAP.iO Venture Studio to target the enterprise market with Atlas Geo Cloud, a cloud solution that will scale and add functionality such as storing and maintaining data and cleaning it for analysis.

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