SAP and Verizon Partnering to Develop Next-Gen IoT Analytics Solution

SAP and Verizon have announced a collaboration to help applications process data where it is generated, thanks to Verizon’s network and SAP’s edge computing platform.

Edge computing allows companies to reduce data processing time by processing the data collected by Internet of Things (IoT) devices at or near the data collection point, rather than sending it to a data center.

Verizon’s 5G network, paired with SAP’s Leonardo Internet of Things and Edge Services and analytics, will give customers in the supply chain, field service management, assembly line and retail industries real-time data processing.

“We are unleashing the next generation of cloud capabilities through global data centers, across the edge of the network,” said Eric Stine, Chief Customer Innovation Officer, SAP North America. “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.”

“Our ability to integrate our ThingSpace platform into the SAP Cloud portfolio provides a secure and agile way to deliver instantaneous, end-to-end operational analytics at the edge while lowering the cost of IoT management,” said George Fischer, president, Global Enterprise, Verizon Business Group. “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.”

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