BARCELONA, Spain, Nov. 9, 2016 /PRNewswire/ -- SAP SE (NYSE: SAP) today introduced SAP Internet of Things (IoT) Application Enablement™ solution. This SAP HANA® Cloud Platform IoT service helps customers and partners achieve fast time to value and develop IoT solutions efficiently. SAP IoT Application Enablement™ provides Big Data management and services consumption without the need for managing the underlying data storage. It allows users to create an enhanced virtual representation of a product, service or process, combining sensor data, business data and contextual data. The announcement was made at SAP® TechEd Barcelona being held Nov.8–9, 2016.
"SAP IoT Application Enablement provides a powerful virtual model that shows how a thing will operate with real time data over its lifetime," said Tanja Rueckert, executive vice president, Digital Assets and IoT, SAP. "It also delivers an IoT tailored development environment that promotes development efficiencies and provides a common foundation across all apps. Customers are now able to develop IoT solutions efficiently, with a reduction in errors and ultimately an increased time to market."
Rapid IoT Development and Smart Data Storage
Maximizing the value of IoT requires a powerful digital core, and with SAP S/4HANA®, businesses can change the very nature of how they work, with the ability to predict, control, simulate and optimize in real time. With 40 years of experience building powerful end-to-end business applications, SAP understands that semantic data is a fundamental ingredient in designing objects and processes. With the IoT Application Enablement solution, SAP customers can create an enhanced digital twin of a business asset, combining sensor data with business information and contextual information, resulting in improved visibility and control. The new product includes three key classes of functionality: development environment and tools, microservices and smart data storage, and integration to business processes and applications.
Enhanced Virtual Products, Services and Processes
According to industry research firm Gartner Inc., "Within three to five years, billions of things will be represented by digital twins, a dynamic software model of a physical thing or system." By combining an accurate virtual model of how a thing operates with real-time data collected by sensors, companies will have an increasingly detailed and realistic digital representations over the lifetime of a physical asset. Powered by SAP HANA Cloud Platform, SAP IoT Application Enablement delivers powerful microservices that allow other systems to retrieve enriched digital twin data including business semantics, hierarchy data, product master data and customer contract documentation.
Develop IoT Applications Faster and Smarter
The SAP IoT Application Enablement™ solution provides a software development kit and development environment that includes code-generating templates, which can be easily extended. This feature allows developers to focus on design instead of coding, helping them create new applications in less time. Additionally, the product provides a robust application program interface to populate a sophisticated semantic data model with a combination of sensor and business data. An advanced authorization model provides support to control and define user access, supporting collaboration between a complex ecosystem of business partners. The solution has built-in features that eliminate the task of defining data management, by calculating aggregates, splitting data into warm and cold storage and automatically applying data retention policies. Utilizing SAP HANA Cloud Platform, integration service, to connect data from smart things with business processes and applications, SAP customers and partners can change how they run their businesses. They are better able to reduce error and speed time to market, while increasing innovation and overall customer satisfaction.
The SAP IoT Application Enablement™ solution is currently available.
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 335,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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.
© 2016 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.
For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
For more information, press only:
Jim Dever, +1 610 661 2161, firstname.lastname@example.org, ET
SAP News Center press room; email@example.com
Kyle Tildsley, PAN Communications, +1 (617) 502 4300, firstname.lastname@example.org, ET
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sap-enables-fast-and-efficient-development-with-new-iot-application-services-300358968.html
SOURCE SAP SE