SAP : iO Kicks Off Second Acceleration Program for Marketing and Commerce Startups in Munich, Germany

MUNICH - SAP SE (NYSE: SAP) has announced the six startups joining the latest SAP.iO Foundry Munich cohort focused on innovative marketing and commerce solutions.

Working closely with SAP Customer Experience teams and UnternehmerTUM, the Munich cohort will focus exclusively on business-to-business (B2B) startups that transform customer relationships and help SAP customers deliver even more engaging experiences.

'The Munich Foundry has received overwhelming support from the Munich entrepreneurial community,' said Philippe Souidi, head of SAP.iO Foundry Munich. 'SAP.iO is helping to foster this ecosystem with its global reach, by building bridges between customers and partners. We look forward to shaping joint offerings that lead startups to success in the area of commerce.'

The selected startups will receive curated mentorship, access to SAP technology and application programmable interfaces (APIs), and opportunities to collaborate with SAP executives and customers.

The cohort consists of the following startups:

• StorifyMe makes it radically easy to create, publish and measure the impact of customers' stories. The software-as-a-service (SaaS) solution enables companies to easily build mobile-first landing pages, microstores, ads and other content tailored specifically to their business goals and identity.
• nyris is a visual artificial intelligence (AI) search platform that provides customers a more natural way to find what they are looking for. Nyris delivers industry-leading performance on the measures that matter most: accuracy, speed, scale, privacy and security.
• squarelovin enables businesses to leverage authentic content from customers that provides inspiration, social proof and trust on every channel. The User Generated Content SaaS platform helps brands collect and curate images, seamlessly manage rights and activate visual commerce and analytics.
• Frontastic is the front-end management platform for the API-driven world, enabling enterprises to build customer-focused and state-of-the-art front ends, delivered as progressive web apps, for every device.
• Velou delivers personalized search results for shoppers and increases conversions and revenue for fashion e-commerce retailers. The solution features the only search and discovery algorithm built specifically for the fashion industry and leverages AI, natural language processing and advanced computer vision.
• Alcméon is an SaaS platform that lets enterprises reinvent and improve customer experience with centralized multichannel messaging. Alcméon's hybrid technology combines intelligent automation, AI, chatbots and human intervention to reduce costs and increase customer satisfaction.

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Tags: AI, APIs, ecosystem, SaaS, SAP.iO Foundry, solutions