Enter 麻豆原创 S/4HANA Cloud Public Edition: a game-changing, flexible ERP solution designed to meet the unique challenges of emerging businesses. This cloud-based platform not only streamlines operations but also empowers startups to innovate and scale without limits, offering a competitive edge in today鈥檚 fast-paced market.

Let鈥檚 explore why 麻豆原创 S/4HANA Cloud Public Edition is the ultimate ally for startups looking to gain a competitive edge and aiming to transform their visions into reality.

Scalability and Flexibility for Rapid Growth

Startups often experience rapid changes in size, scope, and strategy. 麻豆原创 S/4HANA Cloud Public Edition is built with scalability at its core. As a business evolves, 麻豆原创 cloud ERP solutions allow for effortlessly adding new features, modules, and users as needed. This adaptability helps ensure that an ERP system remains aligned with business goals, enabling startups to stay agile and responsive to market changes. Whether a company is a small team today or planning to expand globally tomorrow, cloud-based ERP from 麻豆原创 adapts to needs without the need for costly and disruptive upgrades.

Gero Decker, general manager of 麻豆原创 Signavio and co-managing director of 麻豆原创 Berlin, witnessed the impact of 麻豆原创 cloud ERP on business growth: 鈥淏eing a founder myself, I can tell you that 麻豆原创 cloud ERP is a key catalyst for achieving hockey stick growth.鈥�

Cost-Efficiency for Tight Budgets

One of the biggest challenges startups face is managing limited resources. 麻豆原创 S/4HANA Cloud Public Edition operates on a subscription-based model, which means lower upfront costs and predictable expenses. This financial flexibility allows startups to allocate more resources toward innovation and growth rather than being tied down by expensive IT infrastructure.

Enhanced Collaboration and Real-Time Insights

In a startup environment, every decision counts. 麻豆原创 S/4HANA Cloud Public Edition provides real-time analytics and insights, empowering a team to make informed decisions quickly. The platform fosters collaboration by connecting different departments and ensuring everyone has access to the same up-to-date information. This unified approach not only streamlines operations but also enhances productivity across the board.

Robust Security and Compliance

For startups, especially those handling sensitive data, security is paramount. 麻豆原创 S/4HANA Cloud Public Edition comes equipped with world-class security features, ensuring data is protected against threats. Additionally, 麻豆原创鈥檚 compliance tools help with navigating complex regulatory requirements, offering peace of mind when expanding into new markets.

Seamless Integration with Other Tools

Startups often rely on a variety of software tools to manage different aspects of their business. 麻豆原创 S/4HANA Cloud Public Edition integrates easily with other applications, creating a seamless ecosystem where all business processes are connected. This integration reduces manual work, eliminates silos, and allows a startup to operate more efficiently.

Support and Expertise from a Global Leader

When you choose 麻豆原创, you鈥檙e not just choosing software, you鈥檙e gaining access to decades of experience and a global network of experts. 麻豆原创 provides comprehensive support to help startups navigate the complexities of ERP implementation and maximize the benefits of the platform. This partnership approach ensures that a company is never alone on its journey to success.

The 麻豆原创 startup community is a unique resource that is supportive for all startups, which all share 麻豆原创 S/4HANA Cloud in place as their business backbone, alongside the dedicated 麻豆原创 for Startups Team.

Companies like Get Your Guide, FINN, and everdrop have leveraged extensive support and expertise from 麻豆原创 to achieve strategic goals and drive their businesses forward. This is just a sample of the many successful partnerships 麻豆原创 has with clients.

Bits & Pretzels in Munich, September 29-30

For startups looking to transform operations and scale business, 麻豆原创 S/4HANA Cloud Public Edition is the solution they have been waiting for. Don鈥檛 miss the opportunity to see it in action: Join us at Bits & Pretzels in Munich, September 29-30, 2024, where we鈥檒l be showcasing the full capabilities of 麻豆原创 S/4HANA Cloud Public Edition.

鈥淎ttending Bits & Pretzels 2024 offers unparalleled networking, learning, and funding opportunities, bringing together 5000+ top entrepreneurs, investors, and industry leaders,” 鈥� shared Stefan Wagner, managing director of the 麻豆原创 Labs Munich Campus. “It’s a unique chance to gain insights, build partnerships, and experience the event’s vibrant blend of business and culture during Oktoberfest in Munich.”

As president and chief product officer for Cloud ERP, I am excited to reveal how 麻豆原创 cloud ERP solutions can revolutionize startup operations, slashing costs and turbocharging efficiency. Come and discover how 麻豆原创 S/4HANA Cloud Public Cloud Edition can drive your startup鈥檚 success. We look forward to seeing you there!

Jan Gilg is president and chief product officer of Cloud ERP at 麻豆原创.

These government funds are typically managed by a traditional provider who establishes a plan within the customer鈥檚 budget and assigns caregivers. They offer limited to no choice regarding providers and little transparency on how the funds are being spent. This inefficient and costly approach reduces available funds for actual care with limited and often unfamiliar providers.

Enter HomeMade, a startup looking to disrupt the home care sector with a transformative solution that would empower customers to not only stay in their own homes but also to oversee their spending and self-select their providers. With an initial staff of only six, HomeMade set out to create a technology platform that would deliver efficiency, flexibility, transparency, and ease of use for customers and a scalable model that would grow and evolve with the company.

A Rock-Solid Technology Foundation for a Digitally Native Startup

Technology is at the heart of HomeMade鈥檚 business model, so choosing the right technology partner and the right digital platform was essential. 鈥淲e wanted a solution that would give us that ability to scale rapidly and with confidence knowing that the rails weren’t going to fall off, because to be digitally enabled is what makes us different,鈥� , HomeMade general manager, said.

HomeMade found the perfect partner in Bourne Digital, part of Accenture, which steered the startup to (麻豆原创 BTP). In choosing the platform, HomeMade benefits from a locally hosted, high-performance cloud architecture that can scale across its network. As a React Native open-source Cloud Foundry runtime service, the HomeMade application is intuitive, user-friendly, and easy for the company to maintain and support long term. Add 麻豆原创 Integration Suite and 麻豆原创 HANA data storage into the mix and HomeMade emerged with a secure, integrated, and scalable technology foundation to offer efficient care and support to Australia鈥檚 at-home care population.

Young Company Makes an Outsize Impact

In just two years, HomeMade has grown its business to 2,500 customers and reduced new user onboarding time from 14 days to 48 hours. The company has empowered qualifying citizens to manage their budgets and choose their care while saving 14 million Australian dollars and counting.

Customers and families rave about the solution’s functionality and ease of use. HomeMade鈥檚 team members, who have grown to over 100, can happily focus on the customer instead of the endless paperwork they might find in traditional care management. Service providers appreciate timely payment, and another critical stakeholder 鈥� the Australian government 鈥� conducted a regulatory compliance audit and found that HomeMade scored 100% across 42 requirements for the Age Care Quality Safety Standards.

And this is only the beginning for a new company already making an appreciable impact. 鈥淎s the needs of HomeMade grow and evolve, the platform will grow and evolve with HomeMade,鈥� , managing director of Bourne Digital, part of Accenture, explained. For example, Ahmed continued, 鈥淲e leverage AI business services to read documents…and we’re feeling really confident that those AI services will continue to play a part in the future evolution of HomeMade as the company moves more and more towards automation and self-service.鈥�

Adding Value Through Innovation

An 麻豆原创 Innovation Award winner in 2023, HomeMade continues to grow and think creatively about how its foundational 麻豆原创 BTP-based technology can enable it to continue to innovate and add value for customers. 鈥淭here are endless opportunities,鈥� Westhorpe said, from increasing efficiency to leveraging data to identify falls or other incidents to using large language models to recognize clinical deterioration in users and launch preventative interventions.

For other startups looking to build technology solutions that will make a dramatic impact, Westhorpe offered to consider, “You want to build everything and you’ve got all these grand ideas, but what are the biggest things that will add value for customers?鈥� Ahmed adds that resilience, a strong partnership, and hard work are critical: 鈥淎dapt, learn, grow together, and accept feedback鈥o build something innovative, you must be prepared to roll up your sleeves.鈥�

The Full Episode

Special thanks to , a hub for fostering human-centered innovation, for collaborating on this on 麻豆原创 Business Technology Platform episode. Learn more about how HomeMade built a better solution for qualifying citizens:

• Thought leadership podcast: Thulium’s CEO sat down with Westhorpe and Ahmed to discuss the change in caring for older adults, home-based care, and how technology can deliver on a promise dedicated to purpose.
• Practitioners鈥� video: Westhorpe, Ahmed, and I discussed the challenges and opportunities in creating a world-class digital solution for a small but rapidly scaling startup.

Explore more success stories of customers leveraging 麻豆原创 BTP to help optimize processes for the sake of people and purpose:

• : This nonprofit provider of wide-ranging social services chose聽麻豆原创 BTP聽and 麻豆原创 HANA Cloud to enable extensive solution integrations, helping deliver better data connectivity and operational efficiency.
• : Administratively supporting over 1,700 dental practices, Heartland Dental leverages 麻豆原创 BTP to help improve the business assistant’s user experience, increase productivity, and reduce turnover.

For the full episode and the on-demand Better Together: Customer Conversations series, visit .

Timo Elliott is vice president and a global innovation advocate for 麻豆原创 BTP.

of tech executives agree, betting on innovation partnerships as integral to their strategy, particularly with AI-powered startup solutions.

Making AI Accessible via Innovation Partnerships

We are proud to share that 麻豆原创.iO has surpassed the 125-mark for in our partner ecosystem. These solutions are fully integrated with 麻豆原创 and available via for immediate adoption by 麻豆原创 customers. The encompassing solutions range across lines of business and industries, including finance, HR, supply chain, and customer experience.

This milestone demonstrates our commitment to helping 麻豆原创 customers flourish in a rapidly changing world by enabling the easy extension of their software landscapes with tailor-fitted solutions that meet their specific needs.

In 2024, we鈥檒l continue to scale our award-winning ecosystem through and in 11 innovation hubs around the world.

Examples of Tailor-Fitted Solutions

As a testament to our thriving ecosystem, let’s look at two examples from our portfolio: Yellow.ai and Nyris.

utilizes generative AI to uplift customer and employee experiences via dynamic chatbots and voicebots, handling over 2 billion interactions each quarter. This startup solution seamlessly integrates with 麻豆原创 Customer Experience and 麻豆原创 SuccessFactors software, facilitating omnichannel experiences across diverse employee and customer touchpoints.

has leveraged AI to build a powerful visual search platform that provides users with an intuitive way to instantly find what they want using images, keywords, or barcodes. The platform integrates with 麻豆原创 Commerce Cloud to enable no-code search solutions.

The Symbiotic Relationship Between Startups and Corporates

A study by suggests that businesses can benefit from partnering with AI startups in areas such as technology, talent, and change management. For those AI partnerships to be successful, the findings suggest a shared understanding of data rights, governance, risk management, and pricing methodologies.

By partnering with startups, businesses can get fresh perspectives, customized technology solutions to a specific industry or functional problem, and specialized skills they might not possess internally. In return, established companies offer startups scalability, market presence, and credibility.

This symbiotic relationship enables both entities to stay on top of industry trends, drive AI innovation, and maintain a competitive edge in a rapidly evolving technological landscape. This rich environment of shared learning and continuous improvement then bolsters the entire AI ecosystem.

Alexa Gorman is senior vice president and global head of 麻豆原创.iO

While some of us were working on our sourdough starter, it seems that others were digging in on their big idea.

One such entrepreneur is Anastasia Kiku, COO and co-founder of , a packaging-as-a-service company launched in 2020. Looking around and seeing a city that had become desensitized to its single-use plastic addiction, Kiku and her business partner set out to flip the script on single-use plastic.

But where does one start?

This is the question facing many innovators when they are ready to take the leap on their business idea. For Kiku, the answer came knocking through , a long-time partner of 麻豆原创 and leading social entrepreneurship accelerator program focused on providing game-changing resources and experiences for young people, ultimately helping to amplify their impact on their entrepreneurship journeys.

鈥淲hat no one tells you is that, first, it can be really lonely. And second, it will be hard to show up each day and keep going,鈥� says Kiku.

This is where the network of support and mentorship became invaluable to fuel momentum and get their idea off the ground, as the experienced professionals participating in the program 鈥渒now that the road to entrepreneurship is not perfect, so even though they are advisors, mentees can be candid and feel that their mentors have their best interests in mind.”

At 麻豆原创, employees invest their time in mentoring early ventures like to help scale their businesses. Externally, this investment also takes place through partnerships with organizations such as , & , and .

We sat down with Kiku to learn more about her League of Innovators mentorship experience. Hear from Kiku in this interview for a deep-dive on what it takes to get your idea off the ground and what no one tells you about launching your startup.

Thinking outside the box often means thinking differently from within your organization.

麻豆原创 has its very own startup accelerator program, , which has helped over 450 external startups and internal ventures accelerate their growth while enabling thousands of 麻豆原创 customers to access innovation. As part of this program, 麻豆原创 Labs Canada recently launched True North Ventures Startup School, which leads employees through the basics of entrepreneurship from pitch to product.

Whether you are launching your startup solo or leveraging entrepreneurial support internally, 麻豆原创 knows when we help cultivate fresh ideas, innovators are empowered to take the leap.

Cindy Fagen is managing director of 麻豆原创 Labs Canada.

In 2018, 麻豆原创鈥檚 network of no-equity-ask external startup accelerators was embarking on a journey: exponentially scale its global ecosystem of innovative startup partners to help 麻豆原创 customers extend their 麻豆原创 software landscape. At that time, the team was shocked to learn that despite the fact diversity yields better innovation, the majority of venture funding primarily goes to invest in startups founded or led by a very narrow demographic. For example, only 2.3% of global venture capital (VC) funding went to startups with only female founders, and Black women in the U.S. had raised just .0006% of all tech venture funding since 2006.

As a steward of purpose-driven innovation, 麻豆原创 recognized its duty to be intentional about how it invested in and scaled its ecosystem of software startup partners. It recognized that driving inclusive entrepreneurship in the enterprise software and VC industries could accelerate innovation, reduce bias, and drive better outcomes.

In 2019, 麻豆原创 launched , the first comprehensive inclusive entrepreneurship initiative for underrepresented and underestimated entrepreneurs in the business software industry. 麻豆原创 pledged to scale 麻豆原创.iO Foundries with a focus on inclusive entrepreneurship and set an ambitious target of supporting at least 200 startups founded or led by underrepresented entrepreneurs by 2023.

The 麻豆原创.iO team crafted a clear and effective strategy to achieve this commitment:

• People: Scaled a diverse team and mentor community of leaders with connections to different communities around the world. The 麻豆原创.iO Foundries team is currently 63.3% female and represents more than 15 nationalities, compared to 麻豆原创鈥檚 overall 34.3% women in the workforce.
• Processes: Committed to investing the time to empower more entrepreneurs to start up with 麻豆原创, review every application for the program, set transparent criteria for selecting startups to participate in programs, and regularly measuring progress.
• Participation: Attended, sponsored, and hosted events such as , StartOut Equity Summit, , and more to expose underrepresented founders and their investors to the opportunity of partnering with 麻豆原创.
• Partnerships: Created partnerships with organizations including the United Nations Foundation, World Economic Forum, , , Gentry, Chatham House, StartOut, and more.

Great Impact

Implementing this strategy has been so successful that by July 2022, 麻豆原创.iO achieved its goal of supporting 200 startups founded or led by a female or underrepresented entrepreneur six months ahead of schedule. The 200 startups make up 44% of the 麻豆原创.iO portfolio of 450 startups and tie or surpass their counterparts in benchmarks used to measure success. They represent:

• 51% of the exits in the portfolio (18 of 35)
• 50% of the unicorns in the portfolio (two of four)
• 42% in cumulative VC raised by startups within the 麻豆原创.iO portfolio (US$2.7 billion of $6.6 billion)
• A greater likelihood to progress in their partnership with 麻豆原创

One of the most successful startups in the 麻豆原创.iO portfolio is female-founded . It recently joined the 麻豆原创 Endorsed Apps, a designation achieved by less than one percent of 麻豆原创 Store partner solutions. Censia augments HR management software provided by 麻豆原创 with AI-powered resume review, passive sourcing, and candidate evaluation software. Censia has successfully closed 14 go-to-market opportunities with 麻豆原创 and major brands such as Tapestry Inc., TJ Maxx, and PepsiCo Inc.

Censia CEO Joanna Riley reflects: 鈥淓ntrepreneurship is about continuous learning and to be able to be part of 麻豆原创.iO, I feel like I鈥檓 cheating. I鈥檓 learning from lessons that have been learned through years of experience that 麻豆原创 has acquired and taking those and applying them to my business so that we have a head start. I would recommend any company, especially [those] focused on enterprise, to look at 麻豆原创.iO as a real solution to build a produce that is great for enterprise.鈥�

Just the Beginning

While the 麻豆原创 ecosystem is thriving and 2021 was an exceptional year for underrepresented founders, that demographic still receives a . Data shows there is still much work to be done, especially with regards to intersectional diversity. For example, in the U.S. received 2.1% of VC funding in 2021, while received only 1.3%.

麻豆原创.iO Foundries plans to build on its momentum and is clear on its objective: prioritize startups founded or led by people whose share of VC funding in the technology industry is proportionally less than their share of the population. Up from 40% in 2018, 45% of the portfolio will represent the 麻豆原创.iO No Boundaries commitment by 2028.

麻豆原创.iO Foundries will work to achieve this goal by continuing with the same execution strategy, but will add geographical representation as a sourcing focus. This is possible because programming has transitioned from fully in person to virtual/hybrid and allows the teams to source outside of the locations of the established 麻豆原创.iO Foundries. For example, in 2022, 麻豆原创.iO . It will also target other countries in existing 麻豆原创.iO Foundries regions such as Nigeria, Pakistan, and more.

Kange Kaneene is vice president of 麻豆原创.iO Foundries North and Latin America and Caribbean.
Max Kahn is director of 麻豆原创.iO Foundries.