What’s the most valuable use of your Internet of Things (IoT) data? The answer could be fixing things before they break.
“The biggest benefits for the customers using IoT data is in the maintenance,” Thiago Bohn, development manager for SAP Moving Assets, said in a video at SAP Leonardo Now (see below). “They can reduce the costs or increase the availability of their assets.”
That’s because those assets can remain in service longer, and they won’t receive new parts until they need them. Using predictive analytics to drive predictive maintenance means organizations can replace worn parts when indicated by key metrics, such as a spike in temperature — instead of taking a vehicle out of service every, say, 10,000 kilometers, when everything might still be fine.
Connect Anything and Everything
“Customers could connect cars, trucks, buses, forklifts or any other devices because the SAP platform is open,” Bohn stated at SAP Labs Latin America.
They could also connect farming equipment, as Mala Anand, president of SAP Leonardo and Analytics, also noted at SAP Leonardo Now. Agricultural machine sharing community Maschinenring wanted to help farmers closely monitor and analyze its entire operation in real time, from tractors, planters. and other assets to environmental attributes such as soil density.
“Leveraging SAP Leonardo capabilities of machine learning and IoT, they were able to completely transform their experience,” Anand said. “The farmers could make sustainable and proactive decisions about the entirety of their agriculture crops — and it also helped them [better] manage their operational costs.”
What’s more, this technology is useful on and off the farm.
Applying Intelligent Tech To Your Business
“With our industry innovation kits, this can apply across multiple industries,” Anand said. “And [they] give us a fast track to be able to apply this innovation.”
Applying intelligent technologies such as machine learning and advanced analytics to IoT sensor data offers a much clearer picture of what’s happening throughout the organization, according to SAP’s Bohn. Users can gain insight into logistics, driver behavior — and even use data-driven insights to reward their best drivers.
“Once they connect … they create a lot of visibility over the whole supply chain,” Bohn said. Plus you still get to run your own hardware.
Run at Your Best
“We don’t produce the hardware,” Anand told reporters the day before SAP Leonardo Now. “There are multiple hardware vendors that we partner with, but it is our software.”
Just as SAP didn’t build the cars in Bohn’s demonstration at SAP Labs Latin America (see video), users would supply their own vehicles or other hardware, while SAP would provide the software. And just in case users want to be more hands-on: “We can also control the cars,” Bohn said, using his smartphone to increase the cars’ speed, switch lanes, and more. “The cars respond to the commands, and the cars generate the data, and then you can see the data in the dashboard.”
What you improve — and what you fix — is up to you.