Of course it was all about connecting Things to SAP’s HANA systems, either on- or off-premise. More important was even on how data collected through things are used to add value to the business, not only by just providing a dashboard, but by supporting or even making decisions by combining sensor data with predictive analysis and machine learning tools. Ultimately, businesses would have to completely reimagine and transform themselves to make the IoT data and decisions based on that data part of their service proposition. Companies who fail to do so will have a hard time to stay in business, according to Bern Leukert of SAP.
Bottom line of the talk was that the IoT is not about the Things, but about what you do with it; How you transform your business with it and how this benefits customers or even society.
At the same time, it is good to also keep the down-sides in mind. Privacy is a big thing and IoT is probably the most invasive technology when it comes to privacy that we have experienced so far. The implications and consequences of service disruptions through failure or security breaches should always in the back of people’s minds when designing IoT scenario’s.
Please find my slides below: