Multinational enterprise software company, SAP has unveiled a €2bn investment plan to help businesses and government entities benefit from the surge of sensors, smart devices and big data that is transforming business with the Internet of Things (IoT).
Over the coming five years, SAP aims to accelerate innovation in its IoT solution portfolio, increase sales and marketing, scale service, support and co-innovation, and grow its ecosystem of partners and start-ups in the IoT market – estimated to reach €250bn by 2020. According to the CEO of SAP, Bill McDermott;…
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