SAP establishes a special nomination within the GenerationS accelerator
SAP has one of the largest enterprise application developers, has established its own nomination as part of the GenerationS start-up accelerator - the largest in Russia and Eastern Europe, which is held annually by RVC in association with leading Russian corporations.
The SAP experts will actively participate in the GenerationS acceleration program, and will choose the best projects from the number of participating teams that will receive prizes in the category SAP "Tomorrow begins today. Innovative technologies and solutions for business."
SAP will provide three winners with a special award - Training Course "Internet of Things in Action", which will be held in the new SAP Training Centre. The companies will be trained to work with the latest technologies and use them as a platform to build solutions for the Internet of Things.
"Being the largest accelerator of technology projects, GenerationS is an excellent platform not only for the exchange of experience and demonstrating start-up development projects in different areas of the economy, but also for the development by innovators of their own competencies, business connections, and therefore business. SAP has been actively investing in the development of an ecosystem of innovation in Russia and annually supports the best Russian technology start-ups, whose decisions are within the scope of the key directions of SAP activity: Internet of Things, machine learning, Industry 4.0, predictive analytics, and real-time business. In particular, we have become a partner of RVC Generations for the fourth consecutive year since the founding of the start-accelerator, and we conduct joint technological projects with our nomination winners of previous years”, says the CEO of SAP Labs in the CIS Andrei Bivetski.
"In partnership with global leaders, start-ups can solve one of the major problems which is inherent for projects-beginners-to develop a model that will be able to do business, not only commercially successful, but which will also make it possible to scale. In this regard, the SAP expertise and the ability to have a further partnership with the company is a major bonus of the accelerator", noted Gulnara Bikkulova, Deputy General Director of RVC and an ideologist of GenerationS.
GenerationS was officially launched in July 2016 in eight corporate tracks: Mining&Metals, AgroBioTech&Food, SmartCity, Сreative Industries, LifeScience, TechNet, Power&Еnergy, Finance&Banking Technologies. As part of passing the accelerator, participants will receive a wide range of business opportunities: access to the resources of industrial partners for developing joint solutions, personal mentors, expert sessions from leading analysts, international internships, preparation of projects for entering the market and serious help to attract investment. The GenerationS-2016 prize fund will amount to 15 million rubles. The total value of prizes from partners will exceed 100 million rubles.
The partners of GenerationS are represented by the largest Russian companies, who are leaders in their areas: Moscow Exchange, GC Morton and Russian Technical Company, Raiffeisenbank, National Fashion Chamber, QIWI, Visa, Northern Biopharmaceutical Cluster, Krastsvetmet JSC, GC EFKO, Sher Oston, Irkutsk Electric Grid company JSC, NPO Saturn PJSC, Gars Telecom. The corporate staff will be directly involved in the selection, examination and acceleration of startups participating in the GenerationS.
The development partner, Foundation for innovation promotion, will allocate grants to the best projects of GenerationS under the EGGHEAD and START programs. Open University Skolkovo (OUS), production company Amedia, ALROSA, Rostelecom PJSC, VTB24, and BCS also joined GenerationS-2016 as partners.
About SAP
SAP is one of the world leaders in the market of enterprise applications; SAP helps organizations of any size and specialization manage their business more effectively. Whether it is support services or the board of directors, a warehouse or a store, desktop or mobile applications, the SAP solutions can improve the effectiveness of the interaction of individuals and organizations as a whole, form a deep understanding of the business and create competitive advantage. More than 320,000 customers (including SuccessFactors customers) use the SAP solutions and services, the company's advanced technologies guarantee high profitability and contribute to the continuous adaptation and sustainable growth.
The SAP SE office was opened in Moscow in 1992. Also, over the past 20 years, SAP opened representative offices in Ekaterinburg, St. Petersburg, Novosibirsk, Rostov-on-Don, Almaty, Minsk and Kiev, and the number of employees exceeded 1,050. In 2012, the SAP Labs innovation laboratory was organized in the CIS, which makes possible the global development of SAP solutions and their localization to the requirements of the local markets, as well as support for existing customers is provided. In the same year, the SAP Co-Innovation Labs in the CIS on the basis of which the companies - software developers create their own solutions based on the SAP technologies. Today, the SAP Labs in the CIS employs more than 300 highly qualified specialists.
More information is available at www.sap.com and www.sap.ru.
For any questions related to SAP's activities in Russia,contact Tatiana Zvereva at:tatiana.zvereva@sap.com
All queries related to the company's activities in the CIS countries please send to Alina Stepanova alina.stepanova@sap.com.
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