March 08, 2012 // By: Jennifer Lankheim
SAP hosted its first Startup Forum in Silicon Valley. Aspiring young companies presented their innovative solutions to handling terabytes of data and competed for top honors.
Forty years after its inception, SAP still has the heart and soul of a startup. That was the overarching message at the SAP Startup Forum in Palo Alto, California on March 7. The inaugural event brought together 26 startup companies for a day of collaboration, learning, and competition. “Being part of two startups before my career at SAP, this is a topic very close to my heart,” said Dr. Vishal Sikka, member of the SAP Executive Board, Technology & Innovation.
The theme was big data, and the participating startups shared one thing in common: the challenge of handling terabytes and even petabytes of information. “This means they have exciting potential use-cases with SAP HANA,” said Dr. Sikka, who spoke at the event. The SAP HANA platform, a combination of SAP in-memory software and SAP partner hardware, can query multiple types of data sources in real time, at unprecedented speeds and volumes. “We provide you with the [HANA] platform,” said Sikka to the audience. “The rest – what you do with it – is limited only by your imagination.”
Thirteen of the participating startups presented at the event, pitching business cases and software solutions ranging from optimized planning and scheduling solutions for the manufacturing industry to an online gaming and simulation platform. Several presenters detailed how they hope to implement SAP HANA to optimize their offerings.