Establishing an internal Innovation Office can help companies to achieve their objectives of improved growth by turning ideas into concepts faster, bridging silos across functions, business units and geographies, and encouraging employees to participate in the ideation process, and Melbourne-based Venturetec Group has been collaborating with SAP to promote the benefits of this process to customers.
Venturetec has now joined the SAP PartnerEdge program to resell the SAP Innovation Management service to companies in the ANZ region, as part of a complete solution that encompasses all facets required for successful implementation, including software licensing and advisory services, including innovation process design.
“Innovation is a strategic imperative for companies across all industry sectors, and we’re very pleased to bring the SAP Innovation Management service to customers across Australia and New Zealand,” said Trey Zagante, founder and managing partner of Venturetec.
“We’ve been working closely with our partners at SAP to design new use cases for the SAP Innovation Management service, aligned to our Enterprise Innovation Model, which delivers customers an enterprise-wide view of their innovation investment allocation and return on innovation investment.”
Venturetec, an SAP Startup Focus program partner supporting SAP HANA startups, is an Asia-Pacific based investment and advisory firm operating across Australia, Singapore and Hong Kong.
Venturetec is the only venture fund and accelerator program that invests exclusively in early-stage enterprise technology startups in Asia Pacific. The company provides corporate innovation and venturing advisory services to large enterprise and government clients across the region, advising on enterprise strategy, innovation management, corporate venturing and adoption of lean startup methods.
