TMCnet News
SAP Expands Focus on the Internet of ThingsLAS VEGAS, Oct. 20, 2015 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced it is continuing to co-innovate with customers and partners to expand its comprehensive portfolio of solutions for the Internet of Things (IoT). Working together with Tech Mahindra, SAP is offering a solution to gather data on electrical vehicle charging patterns and transformer performance. SAP is partnering with Tangoe to help customers gain real business value from leveraging the SAP HANA® platform to successfully implement the IoT. Additionally, SAP has created a new IoT-focused product and development unit dedicated to developing leading solutions. This announcement was made at the SAP® TechEd conference held October 19–23, 2015, in Las Vegas. SAP and Tech Mahindra Pilot Intelligent Electric Vehicle Charging System SAP worked with a Tech Mahindra–funded internal startup on a co-innovation pilot to enable the development of an application built on the SAP HANA platform that monitors charging stations, electric vehicle usage, driving patterns, and transformers and overall grid 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. "Clean tech is maturing and adopting proven management practices, and we have been a strong advocate of the same, focusing our efforts toward delivering a positive and actionable project that will help our customers adapt to digital technologies effectively," said Prateek Saxena, director at an internal startup funded by Tech Mahindra. "As we collaborate with SAP on the IoT platform solution, we aim to deliver and transform the power and benefits of in-memory computing for real-time monitoring and analysis of sensors. This will help energy companies assess the challenges and opportunities of charging electric vehicles, with the aim of hastening consumer adoption of electric vehicle technology." Tangoe and SAP Power the Connected Enterprise for IT Expense Management Solutions New Product and Development Unit Focuses on Delivering Value to Customers with Emerging IoT Solutions "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." This 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. 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. SAP is enabling its ecosystem of partners to build new applications with SAP HANA Cloud Platform for the IoT to help customers to connect devices, machine and vehicle sensors, using application services to create a foundation to help ensure maximum development efficiency. For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews. About SAP Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. © 2015 SAP SE. All rights reserved. For customers interested in learning more about SAP products: For more information, press only: Susan Miller, SAP, +1 (610) 570-6845, [email protected], EDT Logo - http://photos.prnewswire.com/prnh/20110126/AQ34470LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sap-expands-focus-on-the-internet-of-things-300162915.html SOURCE SAP SE |