SAN FRANCISCO and WALLDORF — SAP SE (NYSE: SAP) and GE Digital (NYSE: GE) today announced their their intention to explore collaboration in the area of the Industrial Internet of Things (IoT).
GE and SAP to explore opportunities to leverage technologies and expertise
The companies intend to collaborate on cloud-to-cloud interoperability
Collaboration also to focus on SAP Asset Intelligence Network
Initial focus of collaboration on joint customers within the oil and gas industry
Reinforced commitment to standards and reference architectures
The announcement is driven by the fundamental shared belief in the power of the Industrial IoT, and the ability for joint customers to drive further efficiency, savings and utilization from their investments into assets. The announcement was made at GE’s Mind + Machines conference being held November 15 and 16, 2016, in San Francisco.
Building on the respective strengths of GE Digital and SAP, the companies plan to focus their initial efforts on opportunities to strengthen the integration between GE’s Predix operating system and SAP HANA Cloud Platform. Additionally, the companies intend to collaborate in the area of asset management, including SAP Asset Intelligence Network, and to explore and design use cases to enable the “Things to Outcomes” vision for customers in the oil and gas industry.
“Enabling the owners, operators and makers of their equipment to share data and context is an essential building block towards the enablement of end-to-end processes and our ‘Things to Outcome’ vision’,” said Dr. Tanja Rueckert, executive vice president, Digital Assets & IoT, at SAP.
For Full Story, Please click here.