Sep 2, 2022
•5 minute read
SAP Internet of Things
SAP Internet of Things solution
What Is Internet of Things (IoT)?
In simplified terms, IoT pertains to capturing data from the physical world through sensors and other devices (like smart cameras), and then leveraging that data for various purposes. The data can be captured to make decisions in near-real time or perform descriptive and predictive analytics. There are four key stages involved in an IoT solution, as illustrated in the example illustration below. You can find a comprehensive coverage of IoT on this SAP portal resource.
SAP Internet of Things solution
What Is Internet of Things (IoT)?
In simplified terms, IoT pertains to capturing data from the physical world through sensors and other devices (like smart cameras), and then leveraging that data for various purposes. The data can be captured to make decisions in near-real time or perform descriptive and predictive analytics. There are four key stages involved in an IoT solution, as illustrated in the example illustration below. You can find a comprehensive coverage of IoT on this SAP portal resource.
SAP IoT Solution
SAP’s Business Technology Platform (BTP) houses an SAP IoT solution that allows organizations to build and manage IoT solutions and services. From applications in supply chains to running intelligent business processes, SAP IoT solutions can be leveraged by organizations for a plethora of needs. This video from SAP illustrates some frequent applications of IoT solutions across SAP’s customer base. Key highlights of this solution are:
- Provides a fully managed capability to build data-driven solutions by leveraging sensor data.
- Embedded IoT services.
- Intuitive interface for easy consumption of applications.
- Supports a wide range of capability areas, from industrial manufacturing to field services.
- Cloud-based orchestration for edge devices.
Key Considerations for SAPinsiders
- Understand the benefits and applications within your current processes. Technology is all about the value it delivers. Understand the benefits IoT can bring to your business and explore the range of business cases. Examples of benefits that SAP IoT can deliver are:
- Decreased machine downtime
- Increased enterprise agility and efficiency
- Safer shop floor environments
- Enhanced customer experience.
This resource from SAP elaborates on benefits and provides a good primer on possible use cases.
- Explore opportunities to innovate. Transforming your current operations is certainly a powerful way to leverage IoT to your advantage. Another approach is to leverage it to create new products and services, as highlighted by SAPinsiders in our research “Modernizing Logistics and Inventory Tracking.” Use IoT to envision new products and operating models, as well as enhance existing technologies, as illustrated in this example. Use the data captured leveraging IoT to build new products and solutions.
- Understand the role of IoT in Industry 4.0. Industry 4.0 is an amalgamation of various technologies. IoT is one of the key ones. For organizations that are on the path to build Industry 4.0 capabilities, it is critical to understand the role IoT plays so they can build their Industry 4.0 and intelligent enterprise capability strategy accordingly.
Opportunity for IoT Based Innovation on SAP BTPInternet of Things (IoT) is at the core of building many intelligent enterprise capabilities, including Industry 4.0. From Mobile assets like tractors or trucks to remote assets like a drilling rig in the ocean, IoT devices capture and relay critical data that can be leveraged in many ways. For many organizations, real-time end-to-end visibility in their operations and supply chain is not attainable if they do not include IoT in their infrastructure. An important aspect to note is that the only way to capture this data, in streaming format, in real-time, from IoT devices, most times, is through interconnectivity with infrastructure as a service (IaaS). The opportunity to create new products, solutions, and markets is huge. Figure 1 from Fortune Business Insights illustrates the opportunity for Industry 4.0 market by 2029. I think these projections are conservative, even for Industry 4.0, and applications of IoT extend beyond Industry 4.0. This also means a big opportunity for hyperscalers and SAP BTP to leverage IoT with other emerging technologies to create huge market opportunities. This article discusses why we believe there is an opportunity for SAP BTP to harness the IoT knowledge gap that exists today.
Impact of Google Discontinuing Cloud IoT Core on Industry 4.0 Technology EcosystemGoogle Cloud Platform (GCP) users using the Cloud IoT Core product offering reported receiving a communication that IoT Core has been added to the end-of-life list and will be discontinued in a year. This is a significant announcement, specifically for Industry 4.0 enthusiasts. In SAPinsider's research Modernizing Logistics and Inventory Tracking, we discussed the role IoT will play in helping organizations build true end-to-end visibility. In fact, embedding IoT in their technology infrastructure is a must for most supply chains that look at true, end-to-end, real-time supply chain visibility. This end-to-end, real-time visibility requirement emerged as one of the top drivers in our most recent supply chain report, Supply Chain Planning in The Cloud. In this article, we analyze the possible reasons behind Google deciding to discontinue this platform.
Aug 17, 2022
•6 minute read
Use Multi-Digital Technologies to Future Proof Your CompanyAccording to one market research company, it’s predicted that by 2025 there will be 55.7 billion connected devices worldwide, with 75% connected to an Internet of Things (IoT) platform. How much data does that equal? The company estimates that within that timeframe, 73.1 zettabytes of data will be generated from IoT devices, with a significant portion deriving from industrial IoT applications.
This poses both an opportunity and a challenge to companies as they pursue integrations of IoT, artificial intelligence (AI), and machine learning (ML) digital technologies in their enterprise.
SAPinsider recently sat down with Alan Clarke, SAP Alliance Director for EMEA North for SUSE, and Gerren Mayne, SAP Practice Director for Fujitsu in the UK, to discuss the impact of AI, ML, and IoT on the evolving enterprise and how these digital technologies are enabling a future-proof ecosystem for companies.
Read this article and learn:
• What digital technologies can do to achieve a responsive supply chain in today’s volatile marketplace.
• How digital technologies can serve as the value proposition alongside an SAP S/4HANA upgrade.
• The criticality of agility and scalability in achieving an intelligent enterprise — to support the infrastructure and react quickly to AI and IoT outputs.
• How the partnership between SUSE and Fujitsu ensures digital technologies and systems are brought together coherently and in an open-source, open framework manner.
Nov 18, 2021
•6 minute read
IoT Enabled Predictive Logistics PlatformsBy Kumar Singh, Research Director, SAPinsider IoT technologies are predicted to generate a massive amount of data when leveraged at an industrial scale in supply chains. Using IoT technology to gain competitive advantage is actually not just about the data but more about how you leverage all that data being collected. Advancements in technology and […]
Aug 21, 2021
•4 minute read
Real-Time Analytics at the Edge with Intel and SAPSee how innovative IoT technologies from Intel and SAP can help businesses get real-time analytics and business intelligence at the edge with new insights that drive enhancements to business operations and deliver cost savings. Find more insightful content from Intel on their Vendor Showcase.
Jul 27, 2020
•1 minute read
Manufacturers Use Agile and Intelligent PLM to Reduce Time to MarketThis research brief examines how companies in the manufacturing sector align their business strategies to meet pressures and goals such as reduced time to market through the use of intelligent technologies such as generative design, topology optimization, additive manufacturing, and a combination of edge and cloud computing. The most recent SAPinsider survey shows that more […]
Jan 12, 2020
•2 minute read
SAP and the Industrial Internet of Things (IIoT)“I learn best by doing.” I made this claim to our Chief Research Officer, Riz Ahmed, on my first day as the new Vice President of Research at SAPinsider last week. Ten days later, I find myself writing my first blog post after already having written a full benchmark report. Keep an eye out for […]
Jun 3, 2019
•8 minute read
Build, Enable, and Act with SAP IoT Application Enablement, Express Edition
The Internet of Things (IoT) offers an opportunity for organizations to digitally transform their business. To help SAP customers get started on this path, SAP offers SAP IoT Application Enablement, express edition, which allows developers to build and pilot IoT applications that can be quickly scaled through a consumption-based pricing model. Learn how the express edition of SAP IoT Application Enablement uses a pay-as-you-go approach to enable organizations to harness the power of IoT in their applications.
Nov 9, 2017
•4 minute read
Harness IoT and Big Data to Break Down Silos in Manufacturing
In a digital supply chain, design, manufacturing, asset management, and finished products all come together in an uninterrupted, real-time loop to meet customer expectations for immediacy and customization. To achieve this, formerly siloed domains and processes must come closer together and become agile enough to meet individual demands. Learn how product design, manufacturing, and asset management are changing in modern supply chains, and how by combining IoT sensor data and other unstructured source data with business data, organizations can make real-time decisions based on current conditions to satisfy changing customer needs.
Aug 16, 2017
•13 minute read
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