PALO ALTO, Calif., Sept. 28, 2016 /PRNewswire/ -- PLAT.ONE (www.plat.one), the leading enterprise-grade Internet of Things (IoT) solution platform, today announced its acquisition by SAP SE.
PLAT.ONE's IoT platform enables the rapid development and scalable management of enterprise IoT environments, including connected products, smart cities, connected transport and smart manufacturing.
Dr. John Bates, CEO of PLAT.ONE, said, "It's a great testimony to the PLAT.ONE team and technology that SAP selected PLAT.ONE to become a key part of its IoT offering. We believe this acquisition further strengthens and solidifies SAP's position as the global leader in the connected business space and we're excited to be part of that opportunity."
SAP's IoT approach enables IoT development and runtime services through the Hana Cloud Platform (HCP) – to make it easy for enterprises and system integrators to build IoT-enabled applications. SAP utilizes HCP to build its own IoT solutions to accelerate deployment of particular IoT use cases for customers. HCP also empowers SAP's partner ecosystem, enabling partners to populate the SAP Hana Application Center marketplace with IoT-enabled solutions.
Bjoern Goerke, EVP of Product and Innovation Technology, SAP said, "We conducted a review of IoT platforms in the market and found PLAT.ONE to be a strong leader, particularly in device interoperability, edge processing capabilities and development capabilities. It is great to add these leading capabilities to SAP HCP."
Filippo Murroni, Founder and CTO of PLAT.ONE, added, "We are delighted to be part of SAP. We've done amazing things as a start-up and now we look forward to contributing strategically to a much larger business!"
PLAT.ONE is the leading enterprise-grade IoT solutions platform. By simplifying the process of creating, deploying and managing complex IoT solutions, PLAT.ONE radically shortens time-to-value for IoT applications and significantly reduces the cost of their management. Specifically, PLAT.ONE enables:
- Complex device connectivity and management across a wide number of industry standard machine and messaging protocols.
- A micro-services-based adaptive architecture that can adapt to run logic on the device, at the edge or in the cloud, depending on the solution requirements.
- A semantic data model that futureproofs applications by abstracting sets of underlying sensors and devices as "IoT business objects", such as trucks or street lamps.
- Pre-built Solution Accelerators for a number of different IoT use cases, including smart cities, connected products and smart transportation.
As market leader in enterprise application software, 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 approximately 320,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com
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