Inspectorio Joins SAP.iO Foundry New York Focusing on Sustainability in Retail and Consumer Industries [object object] Inspectorio Joins SAP.iO Foundry New York Focusing on Sustainability in Retail and Consumer Industries 1223825 GraphicsSAPPressRelease 1 600x250 300 110421 copy1

Minneapolis, Minnesota — November 9, 2021Inspectorio, a leading provider of quality and compliance solutions, has been invited to join the SAP.iO Foundry New York startup program. Inspectorio is one of seven companies in the program, out of hundreds of startups who were reviewed. The startups are using next generation technologies to drive sustainability across the value chain in the retail and consumer industries.

“It’s a great honor for us to be invited to this program,” said Carlos Moncayo, CEO at Inspectorio. “We look forward to working with the team at SAP to drive industry-leading sustainability options for our clients. Our focus on building more sustainable supply chains and our commitment to the environment are values deeply rooted in our company.”

“We are excited to be a part of a group of startups that are helping to shape the future of sustainable business.”

Carlos MoncayoCEO and Co-Founder, Inspectorio

Inspectorio’s cloud-based SaaS solution helps brands, retailers, manufacturers and suppliers manage risk through digitalized quality and compliance programs. Inspectorio aims to build an interconnected, sustainable, and transparent supply chain. Today, Inspectorio is used by over 15,000+ people across the globe, including some of the largest brands and retailers in the world.

Inspectorio gives brands, retailers, and suppliers the tools to predict areas of high risk and automate risk-based interventions across the supply chain. With Inspectorio customers can:

  • Digitize, standardize, and automate quality and compliance activities
  • Optimize supplier performance management operations
  • Implement continuous improvement programs
  • Allocate resources for performance optimization

As part of the 16-week program, Inspectorio will have access to curated mentors, exposure to SAP® technology and application programming interfaces (APIs), as well as opportunities to collaborate with businesses using SAP technology around the world.

About SAP.iO

SAP.iO delivers new partnerships and products for SAP by accelerating and scaling startup innovation as well as incubating employee ventures. SAP.iO brings together innovators from every region, industry, and line of business to transform how businesses run. Since 2017, SAP.iO has helped 330+ external startups and internal ventures accelerate their growth while enabling thousands of SAP customers to access innovation. For more information, visit http://sap.io/

Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in SAP’s filings with the U.S. Securities and Exchange Commission, including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update and which speak only as of their dates.

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