Realizing Employees’ Ideas
In the search for innovation, key impulses come from within the company, specifically, from our employees. The SAP Inspire program promotes our employees’ creativity and entrepreneurial spirit by providing support for their revolutionary ideas. The program nurtures new concepts until they are ready for use in a product. Currently, we are in the process of extending the program and combining it with other initiatives to form a global incubator program that will connect innovation efforts from within SAP and the world outside.
Investment in Innovative Companies
SAP’s investment in other companies also adds to the process of innovation. Founded in 1996, SAP Ventures is the corporate venture capital arm of SAP AG, investing in companies that develop promising technologies and applications. SAP Ventures operates independently of SAP’s overall business strategy and is therefore able to invest in entirely new fields that offer the promise of very high profitability. SAP Ventures brings substantial benefit to its portfolio companies and SAP by facilitating interaction between innovative young companies and the SAP ecosystem. In 2007, SAP Ventures invested in aspiring enterprises such as AmberPoint, Coghead, GroundWork Open Source, Right Hemisphere, JasperSoft, PayScale, Alfresco, Greenplum, and Endeca.
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