In November, around the same month of the 26th UN Climate Change Conference of the Parties (COP26) held in Glasgow, SAP launched three cohorts focussed on driving sustainability. SAP Foundries North America in partnership with Accenture selected 13 tech startups to develop sustainability solutions for the retail and consumer segment as well as for the energy and natural resources sector. Meanwhile, SAP.iO Foundry Singapore’s cohort comprised of six international startups will be working on solutions to accelerate sustainability in the Asia Pacific and Japan region to tackle climate action, contribute to the circular economy, and support ethical supply chains. 

This month, SAP.iO continues on its mission to support tech startups around the world scale growth leveraging SAP technologies and extensive exposure to the SAP ecosystem with the launch of the first accelerator program in China. The new SAP.iO Foundry Shanghai has selected the pioneer cohort comprised of five Chinese startups that specialises on intelligent manufacturing. 

Explaining about the latest SAP.iO Foundry’s focus on the manufacturing industry, Dr. Chenhong Huang, Global Executive Vice President, SAP SE, said:

“Intelligent manufacturing is not only the national policy of the Chinese government but also the only way forward for China’s economic growth and the transformation of manufacturing enterprises. Engaging with partners such as startups is critical to succeed in the rapidly growing enterprise software market. SAP.iO complements intelligent manufacturing software from SAP with startup innovation.”

Shanghai’s Pioneer 5 to Focus on Intelligent Manufacturing Solutions

Here are the selected tech startups of the SAP.iO accelerator program in China:

AI-LINK Network Co. Ltd. is a leading product and service provider that offers comprehensive solutions covering the 5G+Edge Cloud spectrum. Highly focussed on the industrial verticals, AI-LINK offers end-to-end 5G connectivity and lightweight intelligent Edge Cloud platform as well as applicable IoT use cases to local manufacturing, logistics, and energy customers.

TPSON harnesses cutting-edge big data analytics, Artificial Intelligence (AI), and fingerprint technology along with its cloud computing capabilities to provide a full range of fire protection alert systems to various sectors including construction, rail transportation, and petroleum chemical industry.

SunwayLand is a Beijing-based product and service provider of intelligent solutions and industrial Internet system architecture for the manufacturing industry. The company’s product portfolio that drives automation and supports smart factories includes HMI/SCADA automation software, industrial Internet of Things platform, and mobile smart monitoring platform. 

HiScene is one of the first companies in China that specialises in augmented reality harnessing next-generation technologies such as AI core technology, AR terminal, and the AR cloud. Headquartered in Shanghai, the company has a market presence in Beijing, Guangzhou, Kunming, Zhaotong, and the United States.

Geekplus Technology Co. Ltd. is a technology company that specialises in smart logistics for warehouse and factory operations leveraging advanced robotics and AI. The company has a global presence spanning Europe, APJ, North America, and South America.

For 12 weeks, the Shanghai cohort will have the opportunity to learn from SAP experts through curated mentorship, have access to SAP technology and application programming interfaces (APIs) as well as collaborate with SAP customers. The 10th SAP.iO Foundry in China underscores SAP’s commitment to supporting the country’s rapidly growing digital ecosystem and demonstrates the German enterprise’s expanding network of tech startups in APJ, North America, and EMEA.

“We will be working hand in hand with these amazing startups over the next three months to help them integrate with SAP technology and deliver high value to our customers,” expressed Lalitha Bhaskara, Vice President, SAP.iO Foundries for Asia Pacific Japan & China, SAP.

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Everyone is ready to move on from the extraordinary 2020 and the New Year gives everyone an equal chance to wipe the slate clean. Many enterprises regard 2021 as the time to rebuild, recalibrate, and prepare for a new world of work post-COVID-19. 

For South Korean industrial conglomerate Hyosung Group, now is the time to invest in and optimize the latest IT technologies that would not only ready the enterprise for the future beyond the pandemic but also enhance Hyosung’s capabilities to compete in the industries that they operate in. Hyosung Group operates in various industries such as the chemical industry, industrial machinery, IT, trade, and construction.

During the New Year address of Hyosung Chairman Cho Hyun-Joon, he highlighted how accumulated data is critical in strengthening the enterprise’s value and crisis management resolution capabilities. He said:

“The future is about how well a company utilizes accumulated data to strengthen its competitiveness and crisis recovery opportunities.” 

Leveraging Big Data Integration Tools

Before 2020 closed, Hyosung ITX, a member of the Hyosung Group, has signed a Memorandum of Agreement (MOU) with SAP Korea to develop Hyosung Group’s next-generation smart factory solutions at SAP Design App House in Pangyo near Seoul– reflecting Hyosung’s commitment to strengthen its competitiveness through technology. SAP AppHaus Seoul, which is the first SAP AppHaus in Asia, combines human-centered design and development expertise to help customers leverage SAP Business Technology Platform and make innovation real.

Back in 2018, Hyosung ITX utilized big data technology in the implementation of a smart factory system for Hyosung Heavy Industries, Hyosung TNC, and other key establishments. 

A smart factory system leverages advanced technologies such as artificial intelligence (AI) and machine learning to analyze data, drive automated processes, and learn from experience. It works by integrating machines, people, and Big Data into a single, digitally connected ecosystem.

Today, under the technological agreement, Hyosung and SAP aim to strengthen the forecasting function of Xtrm Factory, the production management solution developed by Hyosung Group in 2018. SAP’s Customer Relationship Management (CRM) solutions and SAP subsidiary Qualtrics Experience Management solutions will be integrated into the Xtrm Factory.

Hyosung ITX will leverage SAP’s smart factory system as well as provide a customer prediction management system that analyzes clients’ purchase patterns and preferences for better inventory and logistics management. With the smart factory solution, the company will be able to gather and analyze data from all processes such as manufacturing, production, and sales. This empowers the company to be able to make quick and accurate decisions based on the results of the analysis.

Furthermore, Hyosung Group aims to better analyze and utilize the IoT, cloud computing, and big data solutions through Hyosung ITX in other business sectors, especially in system integration and system management fields.

Aside from having a strong presence in Asia, Hyosung Group’s business network expands to many countries including the U.S., Germany, the UK, Saudi Arabia, Brazil, South Africa, Russia, Italy, Spain, Panama, Poland, and many more.

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