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In fact, SAP had been providing solutions to Petrosea since 2014 to support transactions and business processes in finance, supply chain management, and plant maintenance, among other areas. SAP was selected based on its technological capabilities and compatibility with Petrosa’s business case.
They rely on the “Internet of Things”, the deployment of sensors, Big Data analysis techniques, as well as a digital infrastructure centralized in cloud computing. But how can the “Internet of Things” contribute to energy efficiency? Most forecasts indicate that it is going to increase.
Frost & Sullivan estimates that Asia Pacific will spend US$59 billion on the Internet of Things (IoT) by 2020, up from the US$10.4 billion in 2014. Frost & Sullivan forecasts global spending on technologies that enable safe cities to reach US$85 billion by 2020, 24 percent of which will come from Asia Pacific.
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