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SAP to invest two billion Euro for companies and public institutions to adopt IoT technologies

SAP, business software solutions provider, recently announced total investments of two billion Euro, in the next five years, to provide support for companies and public institutions who want to adopt Internet of Things technologies, a press release issued by the company shows.

2017-01-19 12:41:11

SAP launches a programme dedicated to companies wishing to implement pilot projects in this area by offering a fixed cost for the first year of using IoT solutions. The programme, available worldwide, is part of SAP's strategy to accelerate innovation in IoT, a market estimated to reach 250 billion Euro by 2020.

"Through our SAP Leonardo portfolio, we can connect any existing data with business processes and people, making it possible to streamline all activities, using the latest technologies such as artificial intelligence and autonomous systems," said Tanja Rueckert, executive vice-president Digital Assets and IoT, SAP.

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