SAP acquires enterprise-grade IoT application platform PLAT.ONE

SAP acquires enterprise-grade IoT application platform PLAT.ONE IoT News is a practical resource providing news, analysis and opinion on the burgeoning Internet of Things ecosystem, from standardisation, to business use cases, and development opportunities. We take the best research and put our own spin on it, report from the frontline of the industry, as well as feature contributions from companies at the heart of this revolution.


Picture credit: SAP

German tech giant SAP has acquired enterprise-grade IoT solution platform PLAT.ONE, which will be integrated into the former’s HANA Cloud Platform (HCP).

PLAT.ONE allows rapid development and scalable management of enterprise IoT environments, including connected products, smart cities, connected transport and smart manufacturing.

Incorporating PLAT.ONE’s IoT platform, SAP’s HANA Cloud Platform will make it easy for enterprises and system integrators to build IoT-enabled applications. SAP uses HCP to build its own IoT solutions to expedite deployment of particular IoT use cases for customers. The HCP also empowers SAP's partner ecosystem, enabling partners to populate the SAP Hana Application Centre marketplace with IoT-enabled solutions.

Dr. John Bates, CEO of PLAT.ONE, said: “It’s a great testimony to the PLAT.ONE team and technology that SAP selected PLAT.ONE to become a key part of its IoT offering. We believe this acquisition further strengthens and solidifies SAP's position as the global leader in the connected business space and we're excited to be part of that opportunity.”

Bjoern Goerke, EVP of product and innovation technology at SAP, said: “We conducted a review of IoT platforms in the market and found PLAT.ONE to be a strong leader, particularly in device interoperability, edge processing capabilities and development capabilities. It is great to add these leading capabilities to SAP HCP.”

Bates, writing for this publication back in February, discussed emerging business models within enterprise IoT. “As the IoT develops, it will usher in the next wave of innovation, which will utilise existing technology and take it to the next level – interoperability and optimisation.”

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