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Verizon and SAP Collaborates Over Futuristic IoT Analytics Solutions

SAP and Verizon have collaborated to provide holistic IoT Analytics solutions that process enterprises’ data right from assembly lines to retail stores on a real-time basis.

The enterprise solutions will make the best use of Verizon’s network and platform capabilities. Their capabilities will be integrated into SAP solutions such as SAP Leonardo Internet of Things (IoT) solution, SAP Edge Services among others. The SAP customers will be benefitted from Verizon’s 5G technologies and Intelligent Edge Network capabilities. This will make Digital Transformation in enterprises quicker than ever.

Verizon, SAP Positioned Well to Unlock New Possibilities

“With data volumes growing exponentially and the capabilities of new wireless technologies like 5G to further expand the reach of IoT and enterprise computing, SAP and Verizon are uniquely positioned to drive a new class of data analytics, management and services at scale to help the world’s great companies create amazing customer experiences and unlock new business models and monetization strategies,” said Eric Stine, Chief Customer Innovation Officer, SAP North America.

“This combined solution is not just about massive IoT. We are also enabling Computer Vision, Augmented Reality, Blockchain and Machine Learning using Verizon’s network. These are a truly comprehensive set of capabilities to help our customers better manage critical functions including asset lifecycles, supply chains, customer experiences, human capital, and plant operations,” said George Fischer, President, Global Enterprise, Verizon Business Group.

Enterprise Digital Transformations Made Easy

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The Digital Transformation of enterprises can become quicker than ever using diverse technologies both the companies possess. For instance, real-time environmental conditions such as location, temperature, humidity and vibration at various units of customers can be processed with SAP Edge Services and Verizon’s 5G network. The analysis part can be taken care of by Verizon’s ThingSpace-enabled Critical Asset Sensor (CAS) and SAP Edge Services. This will generate real-time insights.

When coupled with SAP Leonardo IoT, this enables aggregate time-series analysis. The process can be contextualized with master data, geolocation and condition-based monitoring for outbound logistics business processes.

Captures Data, Make Calls, Suggests Service

SAP Field Service Management solution, based on the analytics can generate automatic service calls, driving. This essentially means the managers will get a recommendation to push the right technician to repair malfunctioning assets. Similarly, Verizon’s ThingSpace platform provides developers tools to build and deploy connectivity and manage data capture for CAS and hundreds of other certified IoT devices on behalf of the companies.

The association of Verizon and SAP is a time-tested one. For instance, Verizon had selected the SAP S/4HANA Finance solution and SAP S/4HANA for its central Finance foundation.

Read More: How Automation Drives Fourth Industrial Revolution?

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