Author: Ravi Belani, Managing Partner at Alchemist Accelerator, Faculty at Stanford University
We recently visited SAP Labs in Palo Alto where our new class of Founders from the Alchemist Accelerator were hosted by the SAP Startup Focus group. The SAP Startup Focus program which is built around the SAP HANA in-memory database platform with significant capabilities is a great program for startups in the Big Data and Predictive Analytics space.
This is the era of the data-driven startup. In the last quarter, we have generated as much data as has we have from the dawn of civilization up until 2010 and the rate of data generation is increasing nonlinearly. Startups that are able to harness the power of this data effectively will have the opportunity to disrupt significant industries. SAP HANA is a bold, visionary platform that can help select startups do just that – if speed or volume is key to your competitive advantage in processing big data, you should know about SAP Hana.
If the fit is right with SAP Hana, the SAP Startup Focus program can provide perks and resources to help build your business out further. The Alchemist Accelerator is exclusively for startups whose revenue comes from enterprises. It has a 6 month program with a class size limited to 10 teams. Access to marquee early customer adopters and a very high caliber mentor network is available to the Founders at the Alchemist Accelerator.