Almost every company in the world, regardless of their industry focus, is looking to encourage an entrepreneurial spirit within their organization, which will spawn the next generation of $1 Billion ideas. SAP, the Enterprise software solution company, created a business incubator in 2009, which takes ideas and nurtures them into thriving solutions. The Incubator has launched 9 new startups to-date, with expectations of launching 1 new business every quarter.
Join the Wharton Club discussion with Dean Sivara to learn more about how companies like SAP are utilizing Incubators to launch new businesses under an entrepreneurial umbrella.
During this discussion, we will cover:
- Why SAP initiated the Global Business Incubator (GBI)
- GBI’s venture capital methodology, approach & scope
- Ideation – Capturing, evaluating and recommending new ideas
- Seed – Launching new businesses
- Venture --- Building the solution and gaining lighthouse customers
- Graduation --- scaling the business
- Lessons learned
6.30 PM - 7.00 PM Registration and Networking
7.00 PM - 8.30 PM Presentation and Q&A
8.30 PM - 9.30 PM Networking and Snacks
About Dean Sivara/SAP
Dean is the Vice President of Ideation for the Global Business Incubator at SAP.
Dean’s role within the Incubator is to lead the Ideation activities, including gathering and evaluating ideas and helping create business cases for those ideas deemed most attractive. Dean works with idea-submitters for inside and outside SAP, collaborating with Venture Capitalists, entrepreneurs, research groups and universities. Before joining SAP, Dean worked for Cisco Systems, where he had a number of roles. His last job at Cisco was as the Senior Director of Product Management for the Smart & Connected Cities (SCC) initiative. Dean also had roles in the Emerging Technology Group (Cisco’s GBI) and within their Executive Consulting Group, called the Internet Business Solutions Group (IBSG). Before Cisco Dean was a management consultant with companies such as Deloitte Consulting, Ernst & Young, IBM Consulting and Kurt Salmon Associates.
Dean holds a B.S. in Industrial Engineering from Stanford University and an M.B.A. from the Wharton Graduate School of Business.
About SAP GBI
The Global Business Incubator is one of SAP’s innovation groups and commercialization engines.Formed in 2008, the Incubator
aims at capitalizing on new market opportunities and building new businesses in adjacent markets. The Global Business Incubator
is continuously evaluating new ideas and fosters a variety of business opportunities that will provide future competitive advantages
for SAP in the five markets in which we participate: enterprise applications, analytics,mobile, cloud, and database & technology.
The goal is to seed new businesses that will either be integrated into existing lines of business or form the core of new units or
groups within the company.
The seating is limited so RSVP soon. We look forward seeing you on Feb 6!
Barbora & Dean