SAP SE and GE Digital Announced Their Intention to Explore Collaboration in the Area of the Industrial Internet of Things (IoT)

Building on the respective strengths of GE Digital and SAP, the companies plan to focus their initial efforts on opportunities to strengthen the integration between GE's Predix operating system and SAP HANA Cloud Platform. Additionally, the companies intend to collaborate in the area of asset management, including SAP Asset Intelligence Network, and to explore and design use cases to enable the "Things to Outcomes" vision for customers in the oil and gas industry.

Customers in the oil and gas industry will be the first beneficiaries between the two companies.

SAP and GE are both leading members of the Industrial Internet Consortium (IIC). This international network of companies and universities is driving the implementation of the Industrial IoT in several areas, including manufacturing. Both companies plan to reinforce their ongoing activities and uncover ways to work together on industry-leading standards to accelerate interoperability and convergence between IT and operational technology (OT).

Keywords: Cloud-To-Cloud Interoperability, Asset Management, Industrial Internet of Things (IoT), Industrial Internet Consortium (IIC), Operational Technology (OT), ARC Advisory Group.