OREANDA-NEWS. SAP SE (NYSE: SAP) announced today that SAP Connected Goods has received a 2016 IoT Evolution Product of the Year Award from IoT Evolution magazine and IoT Evolution World, the leading magazine and Web site covering Internet of Things (IoT) technologies.

SAP Connected Goods is cloud-based, IoT-enabled software providing end-to-end, real-time consumer and operations management capabilities for consumer product goods, wholesale, retail, hospitality and telco brands looking to:

  • Extend their loyalty programs with an IoT-based, omnichannel presence
  • Leverage the power of social, local and mobile channels to drive digital transformation and create new sales opportunities
  • Gain direct consumer insight and increase brand awareness through real-time data collection
  • Achieve operational excellence in managing large fleets of distributed, revenue-generating, IOT-enabled capital assets

“At SAP, we believe providing a seamless customer loyalty experience across brick-and-mortar, automated and online retail will be key to staying ahead of the game,” said Achim Schneider, global head, SAP Retail. “The Internet of Things is expected to touch nearly every area of retail operations and customer engagement. Leading brands are already investing billions in the IoT — and realizing returns that range from uber-efficient inventory management to real-time promotions that grow sales. SAP Connected Goods is part of the portfolio of IoT for consumer industries solutions from SAP, which is driving the digitization of point of sale and bringing the next wave of automation and efficiency gains through the IoT. In addition to orchestrating a seamless, personalized customer experience, SAP Connected Goods is helping retailers to streamline operations and reduce costs via sensor technology to drive real-time, demand-based replenishment, truck scheduling and maintenance.”

“We see that when consumer categories reach the tipping point in digital transformation, growth accelerates across industries,” said Christian Busch, global head, IoT for Consumer Industries, SAP, accepting the award on behalf of SAP and the whole team. “With SAP Connected Goods, companies can now orchestrate business processes across marketing, commerce, sales and service while delivering a personalized experience on any channel and at any moment in the customer journey.”