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SAP Bets Big on Leonardo Platform to Expand IoT Business

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Germany-based enterprise application software, SAP SESAP , has recently announced a host of new Internet of Things (IoT) solutions. These were launched at its global summit, Leonardo Live, being held from July 11 to 12 in Frankfurt. These rollouts are in line with the company’s efforts to expand its IoT business over the past one year. It reflects the company’s strategy to combine IoT sensor data with analytics tools.

The new offerings include Leonardo IoT Bridge, Global Track and Trace, Leonardo IoT Edge, Digital Manufacturing Insights and Asset Manager. The company has also rolled out three new Leonardo Innovation Services. Being a configurable role-based digital command center, Leonardo IoT Bridge is likely to improve visibility and ability of managers to act on a real time basis.

Global Track and Trace is a cloud-based offering designed to improve end-to-end tracking, monitoring and reporting of objects across supply chains. While Leonardo IoT Edge is a software designed to improve deterministic performance of business processes, Digital Manufacturing Insights is a cloud-based manufacturing performance management solution, touted to improve visibility in manufacturing.

The three new innovation services will help businesses to access new technologies and shorten “time to value” of customers. The new services include Express, Open Innovation and Enterprise Editions of Leonardo Innovation Services. The new technologies – which include technologies IoT, machine learning, analytics, Big Data and design thinking – will aid customers in managing their digital transformation.

SAP’s intention to fortify its IoT foothold became quite clear when it announced an investment of a whopping $2.2 billion for the expansion of its IoT portfolio. Carrying efforts forward, last month, the company expanded its SAP Leonardo, which can now integrate machine learning, IoT, Big Data, analytics and blockchain on SAP Cloud Platform.

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