The business world is moving to embrace an outcome based business model to provide amazing and relevant customer experiences while minimizing the cost of delivery. Companies in the industrial and consumer domains are leveraging the Internet of Things as a key enabler to pivot to serving their customers with an outcome based business model. Generator manufacturers want to move to a megawatts of power as a service model, tire manufacturers are interested in offering a mileage as a service model and aircraft engine manufacturers want to move to a thrust as a service based billing models to airline companies.
SAP has articulated its IoT strategy on the back of the value chain that bridges the chasm of Things to Outcomes. Things being the real world physical devices and electro mechanical machines embedded with sensors that pick up analog readings and convert it into a digital time series of electronic information. This digital stream of information is analyzed with SAP HANA big data and predictive analysis capabilities for finding anomalies that then triggers corrective action with workflows and business processes in SAP ERP/S4HANA.
EDF Renewable Energy (EDF RE) has a constant need to perform machine data analysis along with geolocation mapping and transactional data from SAP. The powerful analytics capabilities of SAP HANA with operational data in the OSIsoft PI System make meeting these business needs possible by delivering an inventive IoT platform enabling better analytics and decision-making capabilities. “At EDF RE the ability to access and analyze large amounts of data quickly, with high accuracy across a globalized and digitalized world, is critical, and we needed a truly innovative approach to stay ahead,” says Matthias Beier, CIO, EDF Renewable Energy.
The data available from smart, connected devices represents an enormous opportunity but also places new demands on the capabilities of an enterprise platform. SAP HANA Cloud Platform for the IoT provides a comprehensive set of capabilities that extends the SAP HANA platform and SAP HANA Vora software to address the needs of IoT applications, while providing the flexibility to address different solution and architecture patterns.
Find out all the details about SAP Internet of Things and how EDF RE is benefitting from SAP’s IoT solutions by watching the following video
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