Dr. Wolfgang Faisst

Lecture

Dr. Wolfgang Faisst is Co-founder & CEO of ValueWorks.ai and Senior Advisor at Cadence Growth Capital and Excubate Corporate Startups. He also 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 roles 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. He was also in charge of product management for the “SAP Business Suite powered by SAP HANA”. In this role, 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. Under 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 foundations 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 major international clients on strategic IT issues as well as leading IT companies. He is a co-founder of Bain & Company's IT practice group in German-speaking countries. Previously, he studied with Prof. Dr. Dr. h.c. mult. Peter Mertens at the University of Erlangen-Nuremberg on the subject of “Virtual companies and their IT support” and worked as a research assistant at the Bavarian Research Center for Knowledge-Based Systems.

Dr. Faisst is a lecturer for the course “ISM-SaaS-B: Current Trends and Perspectives in Enterprise Software”.