newsworthy
SAP adds data-analysis tools to IoT platform
German software giant SAP SE has expanded its Internet
of Things (IoT) platform with an array of software and
data-analysis tools intended to help customers streamline
their supply chains and other functions as they transition
to the digital economy, the company said at its annual user
conference in Orlando, Fla.
SAP has integrated its Io T platform, known as “Leonardo,”
with data tools such as machine learning, big data, analytics, and blockchain, a distributed database that maintains a
continuously growing list of records called “blocks” that are
secured from tampering and revision. The entire collection
is hosted on the SAP cloud platform and integrated with the
company’s cloud-based enterprise resource planning (ERP)
platform, called S/4HANA.
The company’s goal is to turn clients into early adopters of an “intelligent enterprise” toolkit that allows users
to handle the flood of data through real-time processing
instead of a 1990s-era “batch mentality,” SAP CEO Bill
McDermott said in a keynote address.
“Data is the new gold,” McDermott said. “We will help
our customers focus on what matters and cut out the cor-
porate cholesterol, so healthy companies can transition
from making mass products to mass personalization, from
managing assets to managing networks, and from mass
marketing to serving a customer of one.”
During the early stages of implementing IoT solutions,
companies learned to distribute sensors throughout the
supply chain and collect vast amounts of information,
McDermott said. Users now need to take the next step and
“turn thinking and knowledge into doing” by converting
that data into action, he said.
The result of that process could be the dawn of a new
industrial revolution—one that creates new business efficiencies by taking advantage of trends like artificial intelligence, machine learning, and the sinking cost of computer
processing power, said Michael Dell, CEO of the data
storage and infrastructure provider Dell EMC, which is an
SAP partner.
“The cloud is not a place; it is a way of doing IT,” Dell
told the crowd as he joined McDermott on stage at the
mid-May event. “This digital transformation is not an IT
project but an evolve-your-company’s-CEO project,” he
added.
—B.A.
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