Dr. Wolfgang Faisst

Co-Founder & CEO, ValueWorks GmbH

Dr. Wolfgang Faisst is Co-Founder & CEO of ValueWorks.ai and heads the "Business Model Innovations" working group of AcaTech's German AI initiative and is a lecturer at the Universities of Bamberg and Bayreuth.Previously, he held numerous strategic innovation positions within SAP. These included the founding and management of SAP Exchange Media as a business network for digital advertising and the SAP Store as an e-commerce platform for marketing SAP and partner solutions. In addition, he was head of product management for the "SAP Business Suite powered by SAP HANA“ driving the start of SAP S/4 HANA, SAP’s core product.In this function, he initiated the SAP Marketing Cloud and drove the strategic development of the most important SAP solution with regard to Cloud and Big Data and later also in the direction of Artificial Intelligence and digital business models as part of the Intelligent ERP initiative. In his responsibility, the offering and collaboration model for development partners in the cloud was redefined. As head of "On-Demand Service Solution Management" and co-lead for the first SAP Cloud Program, he laid the foundation for SAP's cloud offerings.Before joining SAP, Dr. Faisst worked as a management consultant and senior project manager for Bain & Company in the Munich, Zurich and London offices. He advised international key accounts on strategic IT issues and leading IT companies. He is co-founder of the IT practice group of Bain & Company in the German-speaking countries.Previously, he worked for Prof. Dr. Dr. h.c. mult. Peter Mertens at the University of Erlangen-Nuremberg on the subject of "Virtual Enterprises and their IT Support" and worked as a research assistant at the Bavarian Research Center for Knowledge-Based Systems.