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SAP announces collaboration with tech powerhouses for digital transformation of India Inc

Mumbai, Oct 6 (UNI) To fuel the trillion-dollar digital economy of India by 2025, SAP has collaborated with technology powerhouses to extend a holistic innovation system and initiatives across industries.
SAP India has built a consortium of industry and solutions partners to power India Inc that will deliver real business impact in the digital economy.
The partners are spread across six focus areas such as Connected Products, Connected Assets, Connected Fleet, Connected Infrastructure, Connected Markets and Connected People.
The announcement was made at the SAP Leonardo executive summit held in city on Thursday.
SAP Leonardo is a digital innovation system that brings together machine learning, IoT, block-chain, analytics and big data on SAP Cloud platform using design thinking services.
SAP also announced 'IoT Connect 365 Connectivity' among people and machines, enabling the connect among billions of people, machines and things.
SAP IoT Connect 365 is a managed, cloud-based service that simplifies IoT connectivity by enabling them to connect with enterprises, governments and people to leverage technologies that can drive out supply chain inefficiencies and sub-optimal asset utilization.
With this offering, SAP will enable companies to rapidly innovate and embed digital innovation into all their applications and business processes.
"Technology is transforming at a far more rapid pace than ever and organizations can no longer afford to wait and watch how the digital technology innovations will change things -- they need to take control of doing digital now," said Deb Deep Sengupta, president and managing director, SAP India Subcontinent.
"Digital companies are achieving higher revenues and profitability, while simultaneously keeping costs low, achieving significant business value. SAP recognizes the urgency to fast-track digitization and with SAP Leonardo, we aim to help our customers drive business transformation," he added.
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