SAP turns to new partners to help build successful IoT ecosystem – ZDNet

December 9, 2016 Facebook Twitter LinkedIn Google+ Uncategorized

SAP is convinced the burgeoning Internet of Things (IoT) market gives it opportunities to strengthen its relationship with existing customers and expand its reach into new markets — that’s why the enterprise giant is committing $2.2 billion to its IoT portfolio.

The Internet of Things will “enable companies around the world to really rethink business processes, to innovate business models and change the way people work,” Hans Thalbauer, SAP’s senior vice president of Extended Supply Chain and IoT, told ZDNet. “We very simply want to connect things with people and business processes.”

To build those connections, Thalbauer says, SAP must cultivate its own business network.

“The importance of partnerships in the ecosystem is unbelievable,” Thalbauer said. “The goal here is to really have one of the biggest ecosystems for IoT in the world.”

That ecosystem includes companies that could be considered both allies and competitors, like GE Digital. The two companies recently announced they’re collaborating on Industrial IoT efforts, strengthening the integration between GE’s Predix operating system and SAP HANA Cloud Platform.

“The combination will help companies, especially in discreet manufacturing industries,” Thalbauer said. “It’s not only the technology integration that’s important but also the integration of business processes — working on asset management processes and asset intelligence networks is a huge topic we want to address.”