SAP and Bosch team up on Internet of Things
  • Reuters is the news and media division of Thomson Reuters .
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  • Technology News | Wed Sep 21, 2016 | 6:11am EDT
  • The companies said on Wednesday they will combine Bosch’s platform and SAP’s back-end software to connect vehicles, manufacturing machinery and tools of Bosch customers.
  • A long-time SAP customer, Bosch expects its own “connected industry” activities to deliver 1 billion euros ($1.12 billion) in cost savings by 2020 and to generate an additional 1 billion euros in sales.

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