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SAP.iO Foundry Tokyo Launches Industry 4.0 Startup Acceleration Program - SAP SE today announced that SAP.iO Foundry Tokyo kicked off its Spring Acceleration Program focused on Industry 4.0 - SAP.iO
SAP.iO Foundry Tokyo Launches Industry 4.0 Startup Acceleration Program

 

NewswireToday - /newswire/ - Tokyo, Japan, 2020/03/19 - SAP SE today announced that SAP.iO Foundry Tokyo kicked off its Spring Acceleration Program focused on Industry 4.0 - SAP.iO. NYSE: SAP

   
 
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Six international business-to-business startups will help SAP customers extend the value of their investments in SAP S/4HANA and SAP Digital Supply Chain solutions.

This SAP.iO Foundries cohort will enable startups to develop technologies to help businesses go beyond digital manufacturing and seamlessly connect all aspects of an entire company from design to operations to sales and service.

“In Japan, SAP (sap.com) is helping organizations transform and grow in this digital era of increasingly connected ecosystem, new technologies and shifts in customer mind-sets” said Hirofumi Suzuki, managing director, SAP Japan. “This program will help our customers greatly expand the value of Industry 4.0.”

SAP.iO Foundry Tokyo is designed to accelerate innovation and drive new business models for SAP. This zero-equity-ask program provides startups with curated support from within and outside of SAP, exposure to SAP technologies, and opportunities to meet and collaborate with SAP customers. The accelerator program will conclude at SAP.iO Demo Day in the beginning of June.

The following startups are part of the SAP.iO Foundry Tokyo Spring 2020 program:

• 3i Inc. enables people to produce maps and street views of indoor spaces using image processing technology with a unique artificial intelligence (AI) foundation.
• GROUND Inc. combines robots, AI logistics software and other cutting-edge technology to manage logistics and e-commerce through its LogiTech solution.
• Hacobu Co. Ltd., through its “MOVO” logistics data platform, integrates Internet of Things (IoT) and cloud technologies and the development and marketing of various logistics applications and hardware.
• HyBird automates visual inspection of industrial facilities with its data-source-agnostic software “Clarity,” using computer vision and AI to produce interactive digital twin models for better asset maintenance.
• LiLz Inc. provides services to help solve on-site labor shortage issues by reducing the burden of patrol-based visual inspections through integrating technologies of machine learning and the IoT.
• XTIA Ltd. provides noncontact rapid 3D shape measurements using the optical frequency comb emitter, enabling precise automated visual inspection of automotive engines in smart factories.

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 “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP 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’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s 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.

© 2020 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see sap.com/copyright for additional trademark information and notices.

 
 
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SAP.iO Foundry Tokyo Launches Industry 4.0 Startup Acceleration Program

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