The Executive Briefing Center in Paris was a perfect location for the SAP Executive Summit on the Internet of Things that took place October 20. The Internet of Things (IoT) in action presented itself when SAP customers, partners. and analysts came together for the fifth event in this global series of six in 2016.
To get to the 20th floor of the EBC, you can either choose the sporty option by taking the stairs or get there faster by typing your required floor number into a touchpad outside the elevators and then be told which of the four elevators will get you there. IoT-enabled lifts present brilliant technology, but you still have to deal with x number of people who might all wish to get up there at the same time. Fortunately, the worst that could happen here would be a cozy squeeze while enjoying your ride.
Fostering Collaboration Here and Now
According to Tanja Rueckert, executive vice president of Digital Assets & IoT at SAP and global sponsor of the event series, the entire IT business is at a turning point. In future, “Everything will have an IP address.”
In order to nurture the necessary change in mindset towards a stronger focus on user experience, it is essential to foster collaboration and communication between teams. “The future is sharing and benefitting from data and we need to bring companies together.” A perfect example for this collaboration is the recent IoT customer scenario with Trenitalia.
Communication among teams is essential to nurture UX and what’s possible with IoT, according to @RueckertTanja
Benjamin Gallezot, Deputy Director General, Directorate General for Enterprise (DGE), Ministry of the Economy, Industry and Digital Affairs France, contributed to the discussion with his perspective on the “Industry of the Future” and agreed that it is vital, yet not an easy task, to bring industries together. In light of the digital transformation, he stressed the importance of supporting SMEs and midsize companies with the transformation of their business.
SMEs and midsize companies need support to digitally transform their businesses
The Real Reason for IoT Projects
Nils Herzberg, senior vice president, GTM at SAP, compared the trends in digitalization to sports: “It’s all about competition and winning. In the end, it is about creating better outcomes.” In business, however, you can help your players in the field, for example with machines. As businesses propel themselves forward on their digital transformation journey, they need data as “the fuel of the 21st century.”
According to @TechMadiba, businesses on digital transformation journeys need data as fuel of the 21st century
Falko Lameter, CIO KAESER Kompressoren, also stressed convergence as the key driver for success. The two halves of the brain – operational technology (OT) and information technology (IT) – have to meet. More precisely, OT has to be integrated into IT, since it is OT that can make everything run but it is the “I” that can say why.
“Connecting all products with an IoT platform will change the business,” said Lameter.
Connecting products with an IoT platform will change the business
How Did Pokémon and Uber Become so Successful?
In his keynote, Rolf Schumann, CTO EMEA/MEE and head of Innovation Sales at SAP, summed it up: “The reason behind the success of Pokémon or Uber is that they changed peoples’ behaviors. These are examples that show how the real and the digital world begin to merge. In the case of Uber, people simply didn’t want to pay cash any more. With regard to Big Data, however, we are still struggling to ask the right questions.” His real take on IoT is: “It’s just the beginning. It’s 10 percent of the potential.”
We’ve only tapped 10 percent of what’s possible with IoT, said @rolfschumann
Learn more at the SAP Executive Summit on the Internet of Things series event page.