Juniper Networks, an industry leader in automated, scalable and secure networks, today announced that Ricoh Group has successfully implemented Juniper Networks’ high-performing solutions to modernize and simplify the operations of its core networking and security infrastructure that supports approximately 500 locations and 34,000 users in Japan.
Ricoh Group has several partner companies and branches utilizing the same network. Coupled with the increase in cloud deployments, this led to more operational complexities and a lack of scalability over time. As such, a high-performance network was required to support the rising demand for increased bandwidth and to alleviate Ricoh’s existing network issues while simplifying operations across three particular areas:
Internet connectivity: Due to the increase in network usage, speed slowed significantly and cloud applications could not function at their optimal level. The network had to be managed and operated separately across various locations, leading to increased operational expenses.
Wide Area Network (WAN): As Ricoh’s WAN services were managed externally through multiple service providers, its customers’ requests were not processed quickly enough, leading to delays in response rates. Due to this, streamlining and maintaining consistency of network functions across the entire organization remained a challenge.
Local Area Network (LAN): With the growing demand for access to data centers and the internet, there was a drop in overall speed and connection. To mitigate, Ricoh’s service providers had to troubleshoot issues individually, resulting in management inefficiencies and added costs in coordinating multiple investigations across different locations.
To resolve these challenges, Ricoh set out to reconfigure its entire network infrastructure based on a carefully developed framework that involved the simplicity of network configuration across multiple locations, automation capabilities to reduce operational complexities and operability that aligned with industry standards. After a stringent selection process, Ricoh selected Juniper Networks to undertake the modernization of its network infrastructure.
Juniper’s MX480 5G Universal Routing Platform, SRX5800 Services Gateway, EX9214 Ethernet Switch and the data center fabric switch QFX5100 were deployed to address the various network issues while significantly improving operability, stability and security across the Ricoh Group’s network.
At the core, the MX480 provides the agile infrastructure, pervasive security components and adaptive disaggregated software that offers the strong programmability required by the solution. Investment protection is also secured with the newly-released Juniper Penta silicon-powered MPC-10E line cards, which provides high-interface density at 1/10/100GbE, enabling 1.5 Tbps throughput per slot and inline data-plane security, eliminating complexity without any performance penalties.
Alongside the implementation of the SRX5800 firewall, Ricoh was able to streamline its network connectivity and secure its network infrastructure through advanced threat detection and prevention. The organization also deployed Junos OS to further automate and simplify its network operations.
To optimize LAN connectivity in approximately 500 locations, Ricoh centralized the group’s network operations across its large-scale branches by utilizing the QFX and EX series switches leveraging Virtual Chassis technology, cutting its infrastructure footprint by 50 percent and energy consumption by 33 percent.
Additionally, with Junos OS being a common operating system, Ricoh was able to reduce its operational workloads through the unified configuration of network devices.
In the next phase of deployment, Ricoh aims to further implement the SRX series to unify, enhance and automate its security strategy through Juniper’s Software-Defined Secure Network (SDSN) framework.
“New threats continue to emerge as technology advances. With Juniper Networks, we receive guidance and detailed advice on how best to mitigate and prevent these threats, while ensuring that our network operates seamlessly. Juniper has also been very flexible in handling issues around our network modernization. We are pleased to have Juniper Networks’ continuous support, along with their high-quality technology and solutions,” says Tomotake Wakuri, Digital Transformation Division, Ricoh Company, Ltd.
“Juniper Networks is pleased to play such a crucial role in significantly transforming Ricoh Group’s large-scale network into a simplified, secure and automated infrastructure. We look forward to a continued strong partnership as we create innovative solutions that can solve Ricoh’s networking complexities so that they can focus on driving business growth,” Tomohiro Furuya, Japan Country Manager, Juniper Networks.
Hinduja Global Solutions (HGS) (listed in BSE & NSE) has announced its unaudited First Quarter results for FY2019.
Speaking on the results, Partha DeSarkar, CEO of HGS said: “HGS continued its business momentum in the first quarter of FY2019. For the second quarter in a row, overall revenues crossed the Rs. 10,000 million mark to register Rs. 11,008 million, an increase of 18.7 % YoY. Of this, 5% was organic, 4.7% from forex gains and the rest 9% came from the acquisitions of AxisPoint Health and Element Solutions.
During the quarter, we signed nine new logos, expanded our relationships with eight existing clients and won five DigiCX deals, reflecting how our offerings are resonating with the evolving needs of clients. Looking at the sales pipeline, we see big opportunities for our technology-led services including DigiCX, analytics, cloud services, RPA and machine learning, and continue to invest in strengthening our capabilities. The healthcare vertical posted strong growth and accounted for over 50% of the revenues for the third quarter in a row. The two recent acquisitions helped increase share of healthcare vertical revenues from 51% to 54%.
From a margin perspective, the performance of legacy business was as per our expectations. EBITDA margins stood at 9.5%, excluding the acquired businesses. While most of our businesses showed good growth, the India CRM business continues to see twin pressures of drop in volumes from telecom clients and increase in minimum wages.
Element Solutions has done well and we expect this business to play a key role in driving our digital offerings in the social media and cloud segments. AxisPoint Health’s performance was below expectations, with costs higher than anticipated. We have initiated the necessary cost management measures and these are expected to be in place in Q3.”
The innovative digital label printing solution provides superior productivity, colour stability, and profitability, along with easy operability and cost-efficient operations
Konica Minolta Business Solutions, a leading global provider of advanced imaging and networking technologies, has recently installed AccurioLabel 190, its state-of-the-art digital label printing solution, at Hora Art in India. The Hora Art installation marks the first roll-to-roll label printing installation made by Konica Minolta India and further strengthens the company’s domain leadership position in the country.
Pradeep Hora, Managing Director and Sanjay Hora, Director of the company, Hora Arts, said, “We wanted a digital label printing solution which could seamlessly cater to our various small-lot printing requirements. The AccurioLabel from Konica Minolta is perfectly suited to our business needs and allows us to deliver superior quality prints at fast speed, with better overall productivity and profitability.”
Speaking at the latest equipment installation, Ashok Sethi, EGM PP & IP Sales, Konica Minolta Business Solutions India Pvt ltd, said, “The growing demand for differentiated labels and packaging options has made it necessary for print and printing businesses to look beyond the conventional and towards more advanced, future-ready solutions. The installation of AccurioLabel 190, our first roll-to-roll label printing installation in India, follows close on heels of its India launch and is proof that the print and printing market is ripe for disruption through technological innovation.”
A compact, high-performance digital label printer, the AccurioLabel 190 from Konica Minolta operates at the optimal intersection of performance, quality, and cost. It uses dry toner electrophotography to deliver outstanding high-quality images. The AccurioLabel 190 ensures extremely accurate image processing and formation for industrial printing requirements; the print quality is as high as the most high-end digital label printers and is comparable to offset printing.
The AccurioLabel 190 also boasts of the highest speed and most stable printing performance in its class with per-minute speeds of 18.9m, 13.5m, and 9.45m, depending on the paper type. It can handle a wide range of media such as ordinary/matte paper, glossy paper, tack paper, synthetic paper, and film with paper thickness of 60-250 micron and maximum input width of 330 mm. All of this makes the AccurioLabel 190 perfect for new-age label printing operations such as small-lot printing, VDP, and barcode printing.
The AccurioLabel 190 is equipped with advanced colour adjustment software, allowing it to deliver consistent, stable, and superior quality output from sample production to actual production. This enables the AccurioLabel 190 to ensure higher productivity and better profitability, even for small-lot printing.
“Through our range of offerings, Konica Minolta aims to deliver best-in-class productivity, profitability, ease-of-usage, and cost efficiency to its customers, while enabling them to cater to the ever-evolving print requirements of the digital age.
The installation was followed by a grand inauguration event at the venue on August 9, 2018. At the event, Vijay Kamat, Product Manager IP and Shayak Mukherjee, Business Consultant R2R interacted with the media to discuss the differentiation that the innovative solution delivered for print and printing businesses.
Spread across 13 acres, Ikea first store at ech hub HITEC City under Cyberabad. Nestled between tall office buildings and under-construction sites, the 400,000-square-foot outlet is the culmination of years of research and an investment of Rs1,000 crore ($146 million).
IKEA expects this store to attract 7 million visitors annually. Towards this, the company has localised and tweaked its offerings.
For instance, the in-house 1,000-seater restaurant (its biggest yet) will sell samosas starting at Rs10, besides its signature cinnamon buns, coffee, and meatballs. Such pricing is attractive in price-sensitive India.
It will offer 7,500 affordable, good quality, value-for-money home furnishing products, all under one roof.
The store will remain open 365 days from between 10.00 am and 11.00 pm.
The logo of IKEA is seen outside its under construction store in Hyderabad on July 18, 2018
Local and affordable
Understanding Indian shoppers’ price sensitivity, the store offers around 1,000 products priced under Rs200. For instance, among the 7,500 items on offer are chopping boards for Rs100, mugs at Rs59, door-mats priced at Rs99 and monotone sofa throws that cost Rs180.
There are armchairs for Rs4,990 (onwards) and tables such as the India-made Lack table starting at Rs599.
At the restaurant, too, the dishes are modestly priced. For example, a portion of Hyderabad’s famed biryani (a steamed rice, meat, and, spice preparation) costs just Rs99, while IKEA’s signature chicken balls are available for Rs149.
Besides ensuring affordability, IKEA has also tweaked the product categories that it will push more in India.
While textiles is a major focus area for it globally, in India, it is betting on kitchenware and dining products. The company estimates that kitchenware can generate upwards of 10% of its turnover in the country.
So a large section at the two-storied store is dedicated to all things kitchen: pots and pans, spice boxes, idli-makers, cutlery, bowls, plates, containers, and tiffin boxes.
“We anticipate this is the very area where we can see huge volumes going forward,” John Achillea, the Hyderabad store manager, told media.see huge potential in this (kitchenware), even more than textile because India is already a big textile market. While we will have some work to do in textiles, the reality will be that cooking and eating products will be required right from the beginning.”
Even in this, there have been some adjustments made for India based on research—IKEA visited over 1,000 homes to understand how Indian families live. So, for instance, the cutlery sets will only include spoons and forks since Indians hardly use knives to eat.
And it doesn’t stop there.
IKEA OFFERS
The IKEA store in Hyderabad will exhibit two full homes that reflect 'Life at Home in Hyderabad', besides different room sets based on different parts of the home like bedroom, kitchen, children's room and living room.
It will also have a market hall where you will find home kitchen utensils and accessories, textiles, rugs, lighting, decoration, stationary and even live plants.
The store will house a 1,000-seater restaurant, IKEA's largest and possibly India's largest restaurant, a cafe which will offer coffee, bakes, frozen yogurt and many more for purchase.
It also offers a kids' play area named Smaland where customers can leave their children as they shop for things.
IKEA RESTAURANT
The IKEA restaurant will offer 50 per cent Swedish specialties like salmon and chicken and vegetarian meatballs and 50 per cent local delicacies like Hyderabadi biryani and samosas, apart from other Indian delicacies, at affordable prices.
IKEA AND FDI
IKEA got Foreign Direct Investment (FDI) approval in 2013 which allowed 100 per cent FDI for single brand retailers in India.
With that, IKEA became the first major single retailer to get the FDI approval and plans to open several stores and multiple touch points across the main cities in India.
IKEA IN INDIA AND FUTURE PLANS
While the first IKEA India store open in Hyderabad, the global retailers has a plan to open another store in Navi Mumbai in 2019.
IKEA has also acquired land sites in the states of Karnataka and Delhi/NCR and continues to look for more in other major cities.
IKEA has been sourcing from India for its global stores for more than 30 years.
Its plan to open retail stores in 40+ cities across the country reinforces its long-term commitment and deep connection with India.
Speaking to India Today, Peter Betzel, CEO, IKEA India said that the company thanked the Telangana government for its tremendous support. He added that he hoped that the people of the fast growing city will enjoy the shopping experience.
The IKEA store employs 950 co-workers with 50 per cent women employee in Hyderabad directly and 1,500 indirectly in services and expects to host close to 7 million visitors each year.
There are currently 403 IKEA stores in 49 countries with a sales volume of 38.3 billion euros. As many as 936 million customers visited IKEA stores in FY17 and more than 2.3 billion people visited IKEA online.
Global technology platform and digital payments leader, PayPal, and HDFC Bank, the largest credit card issuer in India, today announced a strategic partnership that will result in a safer, faster and more convenient payment experience for HDFC card holders and help drive incremental digital spend. HDFC cards will be presented as a payment option during enrollment and subsequent payments, with the ability for consumers to easily open PayPal accounts and set it as their preferred payment method.
HDFC Bank has more than 35 million credit and debit cards issued in India, while PayPal is available in more than 200 markets globally with a network of 19 million merchants. This partnership will create a number of joint growth opportunities that will advance PayPal and HDFC Bank’s shared vision of offering consumers greater choice and flexibility in managing their money.
This agreement will take effect immediately, with new experiences available to customers that are designed to drive incremental digital spend.
Speaking about the partnership, Anupam Pahuja, Managing Director, PayPal India, said, “Offering choice to our customers has been at the core of our strategy, and the partnership with HDFC Bank is another step in this direction. Through this partnership, we’re enabling HDFC Bank to provide its customers with the ability to shop how, where and when they choose, by leveraging the power, safety and convenience of PayPal.”
Parag Rao, Country Head of Card Payment Products, Merchant Acquiring Services and Marketing at HDFC Bank Ltd., said, “We are delighted to partner with PayPal. This agreement is about offering choice and partnering with companies in the payments ecosystem that we feel can help us create meaningful products that benefit both consumers and merchants. This partnership allows us to reach millions of existing and potential new PayPal customers across India.”
Bentley Systems, Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, today announced the finalists in the Year in Infrastructure 2018 Awards program. The annual awards program honors the extraordinary work of Bentley users advancing infrastructure design, construction, and operations throughout the world. Twelve independent jury panels of distinguished industry experts selected the 57 finalists from 420 nominations submitted by more than 340 user organizations around the world.
The finalists for Year in Infrastructure 2018 awards for going digital advancements in infrastructure are:
Bridges
GS E&C Corporation – Jungkun~Jinjeong Bypass Road (Sueo-chon Bridge) –
Gwangyang, Jeolla-Namdo, South Korea
Indian Railways – Reality modeling facilitates efficient planning, construction and monitoring of Chenab Bridge – Reasi District, Jammu & Kashmir, India
PT. WIJAYA KARYA (Persero) Tbk – Design and Build of Road Bridge at Teluk Lamong Port Project – Gresik-Surabaya, East Java, Indonesia
Buildings and Campuses
Anil Verma Associates, Inc. – Regional Connector Transit Corridor (RCTC) – Los Angeles, California, United States
Shalom Baranes Associates – Cannon House Office Building Renewal – Washington, District of Columbia, United States
Voyants Solutions Private Limited – Station Development plan for Gwalior Railway Station – Gwalior, Madhya Pradesh, India
Communications Networks
iForte Solusi Infotek – iForte Fiber Management System – Jakarta, Indonesia
PT. Linknet – Linknet Operation Center – Jakarta, Indonesia
SiteSee – Advancing Telecommunications – Brisbane, Queensland, Australia
Construction
AAEngineering Group, LLP – Phase II of Pustynnoe Gold Plant: modernization and capacity increase – Balkhash, Karaganda region, Kazakhstan
Lendlease Engineering – New bridge over the Richmond River at Broadwater – Ballina, New South Wales, Australia
Tianjin Tianhe-Cloud Building Engineering Technology Co., Ltd. and China State Construction Bridge Co., Ltd. – Main Channel Road Project of Ningbo-Zhoushan Port (Zhoudai Bridge) – Zhoushan, Zhejiang, China
Digital Cities
Avineon India Pvt. Ltd. – Digital 3D Building Model of Rotterdam – Rotterdam, Netherlands
CCCC Water Transportation Consultants Co., Ltd. – BIM Technology Application in the Municipal Infrastructure Phase I Project of Zhong-Guan-Cun Science and Technology Town – Baodi District, Tianjin City, China
Yunnan Yunling Engineering Cost Consultation Co., Ltd. – New Municipal Road Construction PPP Project of the Municipal Public Facility Construction Project of Guandu Culture New City – Kunming, Yunnan, China
Environmental Engineering
China Water Resources Pearl River Planning Surveying & Designing Co., Ltd. – Jiangxi Xinjiang Bazizui Navigation-Power Junction Project – Shangrao, Jiangxi, China
PT. WIJAYA KARYA (Persero) Tbk – Landslide Disaster Protection Project on the National Road Network – Cianjur, West Java, Indonesia
Setec-Terrasol – Extension L11 – Adaptation of the Mairie des Lilas Station – Paris, France
Manufacturing
Brownfield Engineering Sdn. Bhd. – Propose 48MW Large Scale Solar (LSS) Project – Kudat, Sabah, Malaysia
Digital Engineering (BIM) Center of Shenyang Aluminum & Magnesium Engineering & Research Institute Co., Ltd. – Alumina Refinery Project Cooperated between CHALCO and Indonesia – Bukit Batu, West Kalimantan, Indonesia
Toshiba Transmission and Distribution Systems Asia Sdn. Bhd. – Integration of SCADA System with Electrical Panels for Brunei National Control Center – Brunei Darussalam
Mining and Offshore Engineering
CADDS Group Pty Ltd – Rio Tinto Iron Ore Sentry Guarding Project – Dampier, Western Australia, Australia
Northern Engineering & Technology Incorporation, MCC – SINO Iron Ore Mine – Perth, Western Australia, Australia
POWERCHINA Huadong Engineering Corporation Limited – Jiangsu Offshore Wind Farm – Jiangsu Province, China
Power Generation
JSC ATOMPROEKT – Hanhikivi 1 Nuclear Power Plant – Northern Ostrobothnia Region, Finland
Northwest Electric Power Design Institute Co., Ltd. of China Power Engineering Consulting Group – Huaneng Ningxia Dam Power Plant Stage Ⅳ project – Qingtongxia, Ningxia Hui autonomous region, China
Sacyr Somague – Hydroelectric use of the Foz Tua Dam – Foz Tua, Alijó- Vila Real, Portugal
Project Delivery
AECOM – Gaining New Perspective through ProjectWise Insights – United Kingdom
Arup – Arup Australasia Project Systems Team – Brisbane, Queensland, Australia
Dragados SA & Transport for London – Bank Station Capacity Upgrade – London, United Kingdom
Rail and Transit
China Railway Engineering Consulting Group Co., Ltd. – BIM Project for the Beijing-Zhangjiakou High-speed Railway – Beijing, China
Italferr S.p.A. – Naples-Bari Route, Apice-Orsara Double Railway Line, Hirpinia-Orsara Operational Lot – Provinces of Avellino and Foggia, Italy
Skanska Costain Strabag Joint Venture (SCS) – Hs2 Main Works Lots S1 and S2 – London, United Kingdom
Reality Modeling
Hong Kong Science & Technology Parks Corporation & Chain Technology Development Co. Limited – Smart Campus of the Hong Kong Science Park – Hong Kong, China
Skand Pty Ltd – Building Envelope Inspection Powered by Machine Learning and Reality Modeling for RMIT University Brunswick Campus – Victoria, Australia
Transport for London - Major Projects Directorate – Deep Tube Upgrade Programme - Piccadilly Line Upgrade – London, United Kingdom
Road and Rail Asset Performance
CSX Transportation – Annual Patch Rail Capital Planning – Jacksonville, Florida, United States
Illinois Department of Transportation – Oversize-Overweight Truck Permitting System – Springfield, Illinois, United States
Maharashtra Metro Rail Corporation Ltd. – Nagpur Metro Asset Information Management System – Nagpur, Maharashtra, India
Roads and Highways
Alabama Department of Transportation – Birmingham, AL I-59/I-20 Corridor Project – Birmingham, Alabama, United States
Henan Provincial Communications Planning & Design Institute Co., Ltd. – BIM-based Further Design and Digital Construction of the Yaoshan-Luanchuan Section Project in the Zhengzhou-Xixia Expressway – Luoyang, Henan, China
Lebuhraya Borneo Utara – Pan Borneo Highway Sarawak – Sarawak, Malaysia
Structural Engineering
Arab Engineering Bureau – Burj Alfardan – Lusail, Qatar
Shilp Consulting Engineers – Alambagh Bus Terminal – Lucknow, Uttar Pradesh, India
VYOM Consultants – K10 Grand Commercial High Rise – Vadodara, Gujarat, India
Utilities and Industrial Asset Performance
Oman Gas Company S.A.O.C – Asset Performance Solution for Reliability Management – Al-Khuwair, Muscat, Oman
Vedanta Limited - Cairn Oil and Gas – Well Integrity and Flow Assurance Management – States of Rajasthan, Andhra Pradesh, and Gujarat, India
Volgogradnefteproekt LLC – Object Modeling and Life Cycle Management: Project Implementation and Commissioning – Volgograd region, Russia
Utilities Transmission and Distribution
Northeast Electric Power Design Institute Co., Ltd. of China Power Engineering Consulting Group – New project of a 750 kV substation in the Bortala Mongol Autonomous Prefecture – Bortala Mongol, Xinjiang Uyghur, China
Pestech International Berhad – Substation Design & Automation for Olak Lempit Substation Project – Banting, Selangor, Malaysia
POWERCHINA Hubei Electric Engineering Corporation Limited – Cha'anling-Xiaojiazhou 220 kV Electric Transmission Line Project – Xianning, Hubei, China
Water and Wastewater Treatment Plants
MCC Capital Engineering & Research Incorporation Limited – 400,000 ton/day Water Supply Project of Wenjiang District, Chengdu City – Chengdu, Sichuan, China
Shanghai Civil Engineering Co., Ltd of CREC – Civil engineering of the Beihu sewage treatment plant and auxiliary project – Wuhan, Hubei, China
Suez Water Technologies & Solutions – Ultra Pure Water Project 1 GW Manufacturing Solar Silicon PV Cells & Modules – Kutch, Gujarat, India
Water, Wastewater, and Stormwater Networks
Beijing Institute of Water – Beijing South-to-North Water Diversion Auxiliary Project: Hexi Branch Project – Beijing, China
DTK Hydronet Solutions – Conceptioneering and Master Planning of Bankura Multi Village Bulk Water Supply Scheme – Bankura, West Bengal, India
NJS Engineers India P Limited – JICA Assisted Agra Water Supply Project – Agra, Uttar Pradesh, India
The finalists will present their innovative projects to their peers, the jurors, industry thought leaders, and more than 130 members of the media as part of related infrastructure forums at Bentley’s Year in Infrastructure 2018 Conference, to be held later this year, October 15 through 18, in London at the Hilton London Metropole.
Chris Barron, Bentley Systems’ chief communications officer, said, “The Year in Infrastructure Conference is an ideal opportunity for infrastructure leaders from around the world to network with their peers, and learn about technologies and best practices to accelerate their organizations’ digital advancement. As part of the conference, we are pleased to congratulate and acknowledge the awards program finalists for their excellent work, and to provide conference attendees with the chance to meet the finalists and watch their project presentations, which represent this year’s most outstanding going digital advancements in infrastructure.”
SAP SE has announced the graduation of 16 startups from the second cohort of its accelerator program, SAP Startup Studio. The announcement was made at SAP Startup Social event. Six of these startups are developing co-innovation products with SAP, while a few others are building on the SAP Leonardo platform which combines emerging technologies like artificial intelligence, machine learning, advanced analytics and blockchain to solve specific business problems.
SAP Startup Studio, is a two-year old startup accelerator program which provides a one-year end-to-end engagement platform for startups to accelerate their growth journey. Graduating startups will continue to work with SAP as an alumni member and receive support from the program to scale further. This year, the cohort also saw an increased interest from the venture capital community. Skillate, an early stage startup which entered the program with just three founders, went on to raise funds and grow their team to 14 members over the year. Another successful startup is Entropik Tech which closed a Pre-series A round of $1.1 Million to scale its AI-based platform and launch more IP-based products and expand its footprint.
Speaking at the SAP Startup Social event today Dilipkumar Khandelwal, President – SAP HANA Enterprise Cloud, SAP SE & Managing Director, SAP Labs India said, “The Startup Studio perfectly fits into our philosophy of fostering entrepreneurship and promoting innovation for growth and development. We are tirelessly working to nurture and build a strong startup ecosystem in India by providing best in class infrastructure, expert mentorship and networking opportunities startups need to become successful. As part of that effort, the Startup Social is meant to give these startups direct access to meaningfully engage with the leading ecosystem think tanks and the investor community in India.”
Monis Khan, Co-Founder & CEO, Datoin said, “SAP Startup Studio gave us an excellent platform during our growth stage. We have gained significantly by being a part of the SAP’s startup accelerator program.”
Ranjankumar, Founder & CEO, Entropik Tech said, “Partnering with SAP provided us a platform to accelerate our growth. In the one year of incubation we had access to SAP’s technology mentors, sharpened our go to market strategy and benefited through the multiple connects and learnings from the startup ecosystem that SAP Startup Studio facilitated.”
SAP Startup Social saw a line-up of eminent speakers like Binny Bansal, Co-founder & CEO, Flipkart, Jitendra Gupta, MD PayU India, Peter Vesterbacka, who built Angry Birds franchise amongst others. The dignitaries addressed how startups are scaling up through effective synergies with the enterprises and working on design led innovations for the world. Additionally, global innovation specialist ‘Get in the Ring’ invited startups to their Enterprise Challenge to pitch their idea to a host of specialized judges and business leaders giving entrepreneurs the opportunity to practice their pitch, gain valuable feedback from mentors and connect with peers.
The event this year saw over 600 ecosystem participants, 50 investors and 32 CIOs in attendance. Launched in 2016, SAP Startup Social, the largest corporate startup accelerator driven summit in India is an annual commune for the various collaborators within the startup ecosystem in India.
