SAP and Verizon are collaborating on next-gen IoT analytics

Verizon and SAP are throwing in together on 5G-powered, real time data gathering and analytics solutions for enterprises. 

As one of the US’ largest telecom companies, Verizon is racing to introduce 5G coverage across the country ahead of its rivals. Tomorrow, Chicago will become the fifth city in the US to have access to Verizon’s 5G internet offering, which promises typical speeds of 300 Mbps and peak speeds of 1 Gbps on the first commercially available Wi-Fi 6 router complete with parental controls, a powerful 10W speaker with Bluetooth playback and Wi-Fi capability. 

The company is banking on the mass adoption of 5G to massively raise the saturation of smart devices in every home, making its wifi router into a home entertainment hub, as streaming and OTT media gains ground on the market shares of cable and satellite TV. 

“With the new 5G Home Internet router, you can download movies in seconds versus minutes. Gamers get low latency for a better gaming experience, and there’s plenty of bandwidth for a family of streamers or those who want to outfit their pad with the latest smart home gadgets,” wrote Verizon in a press release. 

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It’s not just the home that Verizon wants to make smarter. As a result, the company announced today that it’s partnering with SAP to collaborate on new solutions for the 5G-enabled business that will provide users with real time data processing, multi-sensor capabilities for supply chain solutions, field service management, assembly line and retail operations. 

“We are unleashing the next generation of cloud capabilities through global data centers, across the edge of the network,” said Eric Stine, Chief Customer Innovation Officer, SAP North America. 

With data volumes growing exponentially and the capabilities of new wireless technologies like 5G to further expand the reach of IoT and enterprise computing, SAP and Verizon are uniquely positioned to drive a new class of data analytics, management and services at scale to help the world’s great companies create amazing customer experiences, and unlock new business models and monetization strategies.” 

“Our ability to integrate our ThingSpace platform into the SAP Cloud portfolio provides a secure and agile way to deliver instantaneous, end-to-end operational analytics at the edge while lowering the cost of IoT management,” said George Fischer, president, Global Enterprise, Verizon Business Group. “This combined solution is not just about massive IoT. We are also enabling computer vision, augmented reality, blockchain and machine learning using Verizon’s network. These are a truly comprehensive set of capabilities to help our customers better manage critical functions including asset lifecycles, supply chains, customer experiences, human capital and plant operations.”