Sept. 21, 2016—SAP, Europe’s largest software firm, and Bosch have partnered to connect vehicles and machines over the Internet, according to Reuters.
Connected devices are known as the Internet of Things (IoT). It is estimated that about 21 billion IoT devices will be in use worldwide by 2020.
The companies will combine Bosch’s platforms with SAP’s software to connect machinery, tools and vehicles to the internet. For example, an IoT wrench could work by having a preselected torque setting for different jobs, which would eliminate the need to manually set torque and increase efficiency.
SAP’s Hana data-analysis software will run on Bosch’s cloud-computing system for industrial customers and SAP will draw on Bosch’s expertise in connecting factory equipment, tools and vehicles, the companies said.