ITAMChannel is a hub of coverage for all the latest news and views within the IT Asset Management Industry

Why SAP is Overhauling its Business for the Internet of Things

SHARE
,

The so-called Internet of things relies on data. SAP wants companies to know that it has them covered.

At its annual customer conference this week, SAP, the German business software giant, plans to make several announcements that seem designed to appeal only to a chief information officer. But taken together, they are part of a strategy to help businesses cope with the enormous amounts of data created by Internet-connected equipment, employees, or customers.

It’s an approach that’s quite familiar in the technology industry of late. Whether you are the chief operating officer of a company that’s trying to track just-in-time inventory against weather patterns, or a chief marketing officer matching your stock price against customer sentiment expressed on Twitter, the techno-industrial giants of the world seek to capitalize on one thing: an executive’s need to gain insight from fast-growing mountains—petabytes—of data.

SOURCE: fortune.com