SAP Sharpens IoT Focus
Walldorf, Germany-based SAP is quickening its charge into the Internet of Things market, saying Wednesday it will invest $2.2 billion in the next five years to accelerate its IoT solution portfolio.
"With billions of connected devices, we now have the potential to reshape society, the economy and the environment," said Bill McDermott, CEO of SAP, in a statement. "SAP HANA is the data platform we knew would unlock the Internet of Things. Today SAP is making another bold investment to help our customers seize the benefits of live business. Only SAP empowers businesses to innovate from the core to the edges to the networks."
Following are five ways that SAP is deepening its IoT focus.