- SAP has bought IoT software developer Plat.One, marking the start of a plan to invest $2B in the Internet of Things over the next five years.
- Some of those billions will be spent on the creation of IoT development labs around the world, SAP said in a statement.
- The company is also rolling out a series of "jump-start" and "accelerator" IoT software packages for particular industries, to help them monitor and control equipment.