SAP creates new IoT-focused product and development unit

SAP is expanding its focus on Internet of Things and has partnered with Tech Mahindra and Tangoe, besides creating a new IoT-focused product and development unit dedicated to developing leading solutions.

The new unit will focus on broadening the portfolio of existing applications, including the SAP Vehicle Insights application, SAP Predictive Maintenance and Service solution and SAP Connected Logistics package.

Partnerships with Tech Mahindra & Tangoe

Working with Tech Mahindra, SAP is offering a solution to gather data on electrical vehicle charging patterns and transformer performance. Using SAP HANA, the intelligent electric vehicle charging system application can monitor and analyze the electric load put on the distributed transformers in real time, schedule charging according to usage patterns to avoid bottlenecks, and proactively monitor the grid for reliability.

Meanwhile, partnering with Tangoe, SAP helped customers gain real business value from leveraging the SAP HANA platform to successfully implement the IoT. With SAP HANA, Tangoe’s Matrix will deliver enhanced analytics and online transaction processing (OLTP) capabilities, enabling global enterprises to analyze and optimize their IT assets and expenses, and understand the usage of these connections in the workplace, including fixed, mobile, cloud, machine and IT communications.

SAP to work with customers & partners

The new Internet of Things & Customer Innovation product and development unit brings together all IoT and Industry 4.0 development activities, leveraging talented developers and industry experts at SAP to work with customers and partners to develop new and exciting IoT applications.

“SAP is in a unique position to succeed as an IoT market and thought leader, and spearhead innovation in this area,” said Tanja Rueckert, EVP Internet of Things & Customer Innovation, SAP. “Our broad customer base, ongoing co-innovation with customers and partners, breadth and depth of industry knowledge, and unique ability to create a closed loop of ‘thing to insight to action’ allow us to bring together in a meaningful way the business context from the transaction system (IT) and the operational context from machine-generated data (OT) to deliver value to our customers.”

SAP solutions for the IoT are developed through co-innovation with customers and partners to help define new offerings based on market requirements and business challenges.

Abhinav Mohapatra

An author who has a keen interest for the ‘off-beat’ <!--more-->An author who has a keen interest for the ‘off-beat’, he has covered and explored multiple facets of the marketing, advertising

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