Plat.One’s leading IoT platform will be integrated into SAP’s Hana Cloud Platform.
PLAT.ONE, the leading enterprise-grade Internet of Things (IoT) solution platform, today announced its acquisition by SAP SE.
PLAT.ONE’s IoT platform enables the rapid development and scalable management of enterprise IoT environments, including connected products, smart cities, connected transport and smart manufacturing.
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.”
SAP’s IoT approach enables IoT development and runtime services through the Hana Cloud Platform (HCP) – to make it easy for enterprises and system integrators to build IoT-enabled applications. SAP utilizes HCP to build its own IoT solutions to accelerate deployment of particular IoT use cases for customers. HCP also empowers SAP’s partner ecosystem, enabling partners to populate the SAP Hana Application Center marketplace with IoT-enabled solutions.
Bjoern Goerke, EVP of Product and Innovation Technology, 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.”
Filippo Murroni, Founder and CTO of PLAT.ONE, added:
“We are delighted to be part of SAP. We’ve done amazing things as a start-up and now we look forward to contributing strategically to a much larger business!”