SAP SE introduces SAP Vehicle Insights, an application delivering variable of services to manage connected vehicles, including basic data analytics ideal for fleet analytics, vehicle diagnostics and mobility-as-a-service scenarios.
The applications is touted leverage companies information about entire fleets and car-specific key data like gear recognition, fuel stops, scores for economical driving or heat mapping to improve not only the management of their fleets but also of individual vehicles.
With predictive maintenance functions for mileage and tire wear, repairs can be planned more efficiently and cost effectively.
It is also asserted to render superior business agility integrating the increasing data generated by connected vehicles with external and a company’s existing business data.
In connection with real-time analytics and prediction capabilities, the application generates valuable insights for companies and enables them to shorten their time to market for scenarios involving building connected vehicles.
“Vehicles and, to an increasing extent, machines need to be integrated in digital business processes. Whether it is a truck on the road, a forklift at the warehouse or an excavator at a construction site, everything needs to be operated in the most efficient way possible. We help customers not only to rapidly develop and implement these scenarios for their businesses, but also to validate them in the market and scale them accordingly over a short period of time,” said Stephan Brand, senior vice president, Products & Innovation Internet of Things (IoT) and Moving Assets, SAP.
This flexible application is based on SAP HANA Cloud Platform and collects, stores, maps and analyzes real-time sensor data from vehicles and equipment.
SAP Vehicle Insights is addressing complex challenges for a fast-moving new ecosystem around IoT, connectivity, advanced analytics, new partnerships and mobility concepts of the future.
“The significant growth of connected devices globally and their impact on our daily life show that the Internet of Things is already reality. The IoT creates endless opportunities for insurers to mitigate risks and retain existing and attract new customers. We see that SAP HANA Cloud Platform together with SAP Vehicle Insights will play a leading role leveraging IoT in financial services,” said Peter Umscheid, co-CEO, msg global solutions ag.
“SAP Vehicle Insights allowed us to evaluate our ideas in a very agile setup. The cloud technology is innovative, the framework allows rapid prototyping and the proven SAP know-how enables excellent scalability. We have promising ideas for the next steps,” said Dr. Klaus Oster, director, IT Management, Daimler Buses and Mercedes-Benz Vans.