The transition to the digital economy and the increasing adoption of new technologies like Internet of Things and Cloud-based networks provide an opportunity to automate asset-related data exchange and enable a simplified collaboration model among the stakeholders in this asset management ecosystem.
- Asset operators want to minimize capital investments, operational overheads and risks. The desire has been to buy products and services provided by the equipment or the equipment availability rather than buying the equipment.
- Original Equipment Manufacturers (OEM’s) want to drive revenue growth and competitive advantage with bundled products and services.
- Service providers (including EPC’s) want to provide value-added-services enabled by new technological innovations.
SAP will facilitate the next wave of innovations by bringing the asset ecosystem partners onto a single cloud-based collaborative network platform – the Asset Intelligence Network. The Asset Intelligence Network will be the global register of the worlds’ equipment.
Stakeholders can integrate their ERP enterprise asset management or service management systems with the SAP Asset Intelligence Network to derive maximum value. The Asset Intelligence Network is a key component in the digitalization of asset management.
The Webinar “Drive Efficiency with Collaborative Asset Management – The Asset Intelligence Network” is scheduled for Thursday, November 19, 2015.
Join us for this interesting and informative session and register today to secure your place.