Newsbyte: SAP Spurs Innovation by Powering More Than 500 Startups Globally With SAP HANA®
WALLDORF, Germany, July 22, 2013 /PRNewswire/ -- SAP AG (NYSE: SAP) today announced that the SAP® Startup Focus program has achieved significant adoption among the startup community, with more than 500 startups from 54 countries now in the program. Startups range from innovative solutions such as real-time root cause analysis for manufacturing, retail-specific analytical algorithms or unstructured big data analysis, among many others. The initiative began in March 2012 and has achieved broad adoption within just 16 months.
The SAP Startup Focus program enables big data, predictive and real-time analytics startups to run better by developing innovative applications on the SAP HANA® platform, a cutting edge in-memory database platform. The overall goal of the program is to spur innovation and provide startups with the technology, support, resources and community needed to port their applications to SAP HANA and go-to-market at no cost.
In addition, the program recently hosted a contest called the "SAP Startup Focus Awards," where startups that are part of the program presented their solutions and how they benefit from SAP HANA. In May 2013 at SAPPHIRE® NOW in Orlando, Dr. Vishal Sikka, member of the Executive Board of SAP AG and head of Products and Innovation, announced the three winners: Warwick Analytics for most innovative solution that takes SAP HANA into uncharted territory through real-time manufacturing root cause analysis; NexVisionix for most transformative solution with the highest potential to change an industry; and Semantic Visions for most social impact solution with the greatest social benefit to the largest number of people. The winning startups presented their solutions to the Supervisory Board of SAP AG in Palo Alto, California, and received their awards on July 9, 2013.
"We are delighted to participate in the SAP Startup Focus program and very proud to be awarded 'Most Innovative Startup' in the awards," said Dan Somers, CEO, Warwick Analytics. "The high level of support we have received from SAP both technically and commercially has enabled us to engage with customers and SAP, as well as accelerated our development in a way we never expected. In addition, it has also helped shape how we deliver our root cause analysis proposition to manufacturing customers."
Dorothea Sieber, +1 (650) 276-8661, email@example.com, PDT
SOURCE SAP AG