SAP SE is one of the ERP software companies who has built Internet of Things industry solutions to help companies reduce operational costs and increase their profits. Those who manage industrial assets have specific goals and requirements. Asset operators want to minimize capital investments, operational overhead, and risk, and prefer to buy services provided by equipment rather than the equipment itself.
One of the industry solutions is the SAP Asset Intelligence Network. The objective of this solution is to enable manufacturers to get the latest information from their customers, provide operators with up to date information on equipment in use, and inform service providers of the status of equipment and provide them with the manufacturer’s latest guidelines.
Using cloud-based Internet of Things (IoT) technology, SAP Asset Intelligence Network can help companies to:
- Connect to a central hub for all enterprise asset management (EAM) stakeholders.
- Increase asset data quality with a world-class product data management (PDM) system.
- Simplify collaborative asset management by storing common metadata on the network.
- Improve equipment reliability and issue response times – and reduce asset maintenance costs.
- Manufacturers: Boost customer satisfaction, ensure product liability, and make improvements based on feedback.
- Operators: Benefit from complete asset information, tailored services, and fewer maintenance issues.
SAP Asset Intelligence Network is based on four key pillars: Network, Content, Integration, and Applications. These pillars work together to help OEMs, operators, and service providers seamlessly connect machines and business – and meet asset management challenges head on.
Functional Capabilities
- Network
SAP Asset Intelligence Network interconnects asset manufacturers, operators, and service providers. It facilitates the exchange of asset performance feedback, analytics output, and best practices for deployment strategies and maintenance procedures.
- Content
The network will be the single register of the world’s assets, providing unique IDs and associated metadata in a global taxonomy. It will supply the foundation for collaborative asset management and customer service processes.
- Integration
SAP Asset Intelligence Network offers native integration with various SAP solutions, including SAP S/4HANA. It facilitates smooth data exchange among enterprise and plant systems, as well as all stakeholders in the network.
- Applications
SAP will provide applications that perform multiple functions in SAP Asset Intelligence Network. They will help customers share advanced analytics and collaborate on processes for equipment management and maintenance execution.
Technical Capabilities
- Cloud-based deployment
Get up and running quickly and cost-effectively in the SAP Cloud.
- In-memory technology
Harness state-of-the-art in-memory computing technology with SAP HANA.
- Integration with SAP solutions
Natively integrate with enterprise solutions such as SAP S/4HANA.
- Internet of Things (IoT)
Connect your high-value equipment and machines to the network.
- Intuitive UX
Enjoy a unified, intuitive user experience with the SAP Fiori UI.
Conclusion
The SAP Asset Intelligence Network Collects, tracks, and traces equipment information in a central repository. This cloud-based hub facilitates collaborative asset management and lets companies take full advantage of the Internet of Things (IoT). Operators can access up-to-date maintenance strategies, manuals, and more from manufacturers – and manufacturers can automatically receive asset usage and failure data from operators.
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