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SAP Enables Transformative Business Value with New IoT Offerings

New SAP® Connected Goods and SAP Dynamic Edge Processing Solutions Enhance Operational Efficiency, Increase Revenue and Maximize Business Value

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News provided by

SAP SE

Oct 26, 2016, 05:00 ET

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WALLDORF, Germany, Oct. 26, 2016 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced the launch of two new Internet of Things (IoT) solutions, SAP® Connected Goods software and the SAP Dynamic Edge Processing server. These IoT innovations allow SAP customers to connect large volumes of IoT devices and real-time sensor data to core business processes for improved business outcomes including reduced bandwidth costs, greater visibility and insight, and enhanced revenue opportunities.

"With these new IoT solutions, we are enabling a new level of business innovation and operational value from IoT devices practically anywhere, on a mass-market scale, across industries," said Tanja Rueckert, executive vice president, Digital Assets and IoT, SAP. "By extending SAP's digital core and processing capabilities to the intelligent edge, where device sensor data originates, enterprises can minimize latency, enhance operational efficiency and accelerate decision making to optimize data-driven insights."

SAP Connected Goods
Trade associations estimate the number of vending machines across Europe alone to exceed 3.74 million, with assets and revenue potential worth billions of euros. With such staggering numbers, companies cannot afford the costly expense of lost sales, missed revenue opportunities or dissatisfied customers resulting from underutilized, inoperable or misplaced devices.

SAP Connected Goods is a cloud-based solution delivered on SAP HANA® Cloud Platform that is designed to maximize the value of mass-market devices, such as coolers, vending machines or power tools, through remote monitoring, management and central control. It optimizes device availability, utilization and performance by helping ensure adequate stock levels and proper storage. SAP Connected Goods identifies relevant device trends and usage patterns, relies on rule-based alerts for replenishment of goods, and creates customized dashboards with built-in integration to the SAP BusinessObjects™ Cloud solution. It addresses a wide range of mass-market devices across outlets ranging from gas stations to retail stores, pharmacies and constructions sites, and enables alternative business models such as product-as-a-service (PaaS) to attract new customers based on product usage preferences and consumer behavior insights.

SAP Dynamic Edge Processing 
Data is growing exponentially among the billions of smart devices that connect information, people and things in the digital enterprise. As a result, organizations experience volumes that can overwhelm network bandwidth necessary to route the data back to core processing centers. The most effective way to reduce transmission costs while maintaining the value of real-time insights is to process more data at the edge, where devices reside outside of the data center.

SAP Dynamic Edge Processing supports a secure, managed platform to bridge physical "things" with the business world. It enriches real-time IoT decision making with business context at the intelligent edge, and optimizes operations by making edge assets and workers operate more efficiently. In addition, it filters the most critical data that should be transferred to the core IoT system while handling other data locally where it originates. SAP Dynamic Edge Processing combines algorithms, syncing architecture and optimized database technology with features for device connectivity and onboarding, offline operation, data reduction, local application platforms, immediate response and local storage.

When implemented together, SAP Connected Goods and SAP Dynamic Edge Processing enhance operational efficiency by distributing the processing of data between the edge and the centralized cloud solution. The ability to analyze incoming data, run business rules at the edge and trigger immediate follow-up actions with SAP Dynamic Edge Processing reduces the overall network traffic and improves the quality of data that is sent for processing by SAP Connected Goods, and thus enables better device monitoring.

For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.

About SAP
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 approximately 320,000 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, SAP, +1 (610) 661 2161, [email protected], ET  
SAP News Center press room; [email protected]
  Kyle Tildsley, PAN Communications, +1 (617) 502 4300, [email protected], ET

Logo - http://photos.prnewswire.com/prnh/20110126/AQ34470LOGO

SOURCE SAP SE

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http://www.sap.com

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