SAP Customers often do not have the luxury of replacing working equipment in the field with equipment built with the Internet of Things in mind. Helping to find a way for customers to benefit from IoT with the equipment they already own, in a simple and economical manner was the main driver behind the selection of the Palo Alto based startup Panoramic Power to be part of the SAP IoT Startup Accelerator.
Innovative energy monitoring sensors from Panoramic Power provide a mechanism to give a voice to machine assets that previously were not part of the connected landscape. Panoramic Power’s energy sensors offer a major automotive tire retailer in the US the ability to monitor critical machines in hundreds of stores to improve customer service, avoid un-planned down time, and maximize the useful life of each machine. By monitoring energy consumed by each asset, customers can identify energy wasting practices and machines within each store or location. Identifying these points of waste can often pay for the sensors directly but the value is multiplied when energy can be used to tell us more about how the machine is utilized, especially when combined with other key enterprise data within SAP system in place at the customer. SAP Asset Intelligence Network (SAP AIN) provides the foundation for asset monitoring and asset operations support for SAP customers, the manufacturers that provide the equipment and the service providers and internal teams that support the assets in the field. SAP AIN on the SAP Cloud Platform directly integrates with Panoramic Power to give voice to each machine regardless of manufacturer or asset age.