SAP announces new IoT solution for customer strategies

The company currently develops solutions that can be used in the management of connected products, assets, infrastructure, vehicle fleet, markets and people.

Already in the IoT industry consumer uptake has been relatively slow with the many competing offerings from the Big 3 (Apple, Google, Amazon) being partially to blame. Consumers seem nervous about buying into a single ecosystem at such an early stage in the IoT lifecycle.

Leonardo forms an essential part of SAPs IoT operations. According to the company, it extends its enterprise core into areas such as automation and intelligence.

Introduced as part of the SAP Leonardo Labs global enablement network, the jump-start program is fully consultative and is run by a team of industry experts.Its being described as a multi-phase engagement that takes a design-thinking approach to link new IoT innovations with customer strategies and objectives in pilots.

The promotional opportunity will cover core SAP Leonardo IoT solutions, including SAP Connected Goods, SAP Vehicle Insights and SAP Asset Intelligence Network.

With SAP Leonardo, we connect things with business processes that are instantaneous and proactive, and with people who can manage more effectively with augmented intelligence and autonomous systems.

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Our SAP Leonardo IoT portfolio delivers on SAPs commitment to produce superior business value through enterprise IoT innovation.

These, SAP hopes, can help companies better define business cases for IoT products and convince them to make further investment in connected technologies.

A common protocol (solution) across the IoT industry should help to increase competition and innovation between developers as the potential market increases.

SAPs IoT portfolio consists of adaptive solutions, big data applications and connectivity products, all of which are packaged to work across a range of industries and use-cases.

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James Saye, a technology analyst at Roke Manor Research, said that common standards and solutions for testing are needed in order to see the IoT industry grow even further.

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The solution is aimed at helping firms integrate emerging connected devices with customer strategies, people and internal processes to accelerate business growth.This comes as the firm recently announced that it wouldinvest 2 billion Euros ($2.1bn)into improving and growing its varied IoT portfolio over the next five years.

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With each of these, and others, all using different protocols and standards were already seeing fragmentation with companies forming exclusive partnerships. For IoT developers, it can prove very expensive to develop a single product that works with all standards.

Dr. Tanja Rueckert, executive vice president of digital assets and IoT at SAP, said:  Moving from things to outcomes is about new business processes such as Industry 4.0, new business models and new ways for people to live and work.

Standardization has nearly always proven necessary in the tech industry with consumers often being nervous about big purchases without it, even if this nervousness is unconscious, he said.

The service is to be made available worldwide and has been created to help companies survive the first steps of adopting IoT by running internal pilot activities.

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Because this is a new product, SAP is trying to win over customers by offering them a promotional fixed cost structure for software and services covering pilots.

Related:Systems Applications & Products unveils new version of HANA to make IoT development easier

German software giant SAP has added a new jump-start enablement program to its growing portfolio of Internet of Things (IoT) products and services.

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