SAP.iO Foundry Singapore launches ANZ accelerator program

SAP SE has launched its B2B accelerator program, managed by SAP.iO Foundry Singapore, focusing on the energy and natural resources industries in Australia and New Zealand. Six start-ups in the areas of predictive analytics, industrial assets management, workers’ safety and wellness have been selected to join the program.

Damien Bueno, President and Managing Director of SAP ANZ, said the program will help customers accelerate innovation by tapping into the expertise of start-ups from across the APAC region, including two Australian businesses: Streamwise and Movus.

“SAP is committed to helping our customers transform and grow. Partnering with some of Asia’s most innovative start-ups, who are pioneering advancements across the energy, natural and resources sectors, enables us to do exactly that,” said Bueno.

The equity-free program is designed to accelerate innovation and drive new business models for SAP’s customers. The 13-week virtual program will enable start-ups to access curated mentorship and SAP technology and application programming interfaces (APIs). Start-ups will also receive collaboration opportunities with SAP customers.

The energy and natural resources cohort includes Movus, Guardhat, NavVis, Streamwise D.I., Hacarus and Timeshifter.

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