OREANDA-NEWS. SAP SE (NYSE: SAP) today announced plans to collaborate with energy and services company Centrica on solutions to help business customers better manage assets and energy consumption based on insights and connectivity available through the Internet of Things (IoT).

The collaboration will initially focus on the delivery of Panoramic Power energy insights technology from Centrica’s Distributed Energy and Power business and SAP® Leonardo, SAP’s digital innovation system bringing together IoT, analytics, Big Data, machine learning and blockchain on SAP Cloud Platform using design thinking services. With over 40,000 sensors installed worldwide, Panoramic Power is a leading device level energy management solution that combines self-powered wireless sensors with analytics to give businesses real-time visibility into facility and device-level performance.

“Centrica and SAP have a long-standing relationship, and together we can support the digital transformation of the energy market, helping it to move to a more personalized, distributed software and services-based industry,” said Dr. Tanja Rueckert, president, IoT and Digital Supply Chain, SAP. “Combining connected energy technology from Centrica with our innovative IoT solutions for connected assets promises new business value for our customers through the power of our growing SAP Leonardo ecosystem.”

SAP and Centrica will also work to explore opportunities to develop energy IoT solutions for commercial and industrial customers, integrating Panoramic Power technology and machine learning algorithms running on SAP Leonardo IoT capabilities with SAP Asset Intelligence Network, a cloud-based asset information repository connecting manufacturers, operators and third-party providers to improve collaboration on industrial machinery, and the SAP Predictive Maintenance and Service solution with IoT energy capabilities and functionality.

Centrica’s Distributed Energy and Power business has been established to help businesses and other large energy users to take control of their energy through a combination of energy insight, asset optimization and innovative energy solutions that include on-site energy storage and generation.