The analyst firm Gartner keeps a close eye on trends in the IT-related industries, and analyses them using its proprietary toolset to extract key business intelligence. Periodically, it publishes an independent “Magic Quadrant” report which focuses on a particular sector, and identifies certain companies as visionary in their approach.
Vision allied to operational capability
Gartner’s recent report on Industrial Internet of Things (IoT) platforms, named SAP as a visionary company active in this area. That means not only that SAP has the vision to design outcomes for the new IT and business environment but that it also has the operational capability to deliver these in a real-world setting.
SAP Leonardo in particular, was assessed in this context. The company has developed SAP Leonardo to help businesses join internet-connected products and services with their existing business processes. This linkage can enable innovative new approaches, fresh thinking and new customer offerings.
When SAP Leonardo is combined with the company’s analytics offerings, businesses can get the advantage of one of the most potent IoT platforms in the market. One of SAP’s strengths has always been the breadth and depth of the enterprise data it can process. The Internet of Things allows new learning for businesses, as smart equipment and devices produce new kinds of data. Linking this to existing data produces new insights and fresh opportunities.
The Industrial IoT (IIoT)
Gartner is predicting a huge rise in analytics deriving from the Industrial Internet of Things (IIoT). However, it points to the fact that many organisations are only attempting small scale integration between existing systems and the new technology. The report says that scale will be important, and that IoT platforms need to scale up by integrating processes and managing both data and devices, to yield the necessary results.
IIoT will enable much tighter control of manufacturing, refining and other industries because the data received from the devices and objects in the plant will be fuller, richer and more timely. Real-time control can be used in areas where it is not currently possible.
In industries such as refining, historian software stores data values from the processing but doesn’t talk to enterprise level business software. IIoT will enable data at every level of the enterprise, from the temperature of a tank, to the profit and loss statement, to be integrated, providing extremely accurate business intelligence. This is particularly valuable where there are legacy systems which until now, have proved difficult to integrate into business analytics.
Cloud and on-prem integrated
These new systems, such as SAP Leonardo, will allow cloud computing installations to integrate data from on-prem machinery, devices and equipment, along with data stored in offsite data centers. This data sharing gives companies a completely different and more accurate view of the operation of the whole enterprise.
Visionary companies have already seen the future and developed the applications and tools that will enable businesses to meet the challenges, and grasp the opportunities, that the IIoT provides.
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