What is Industrial IoT in SAP IOT-BSV - IoT Business Services?

SAP Term: Industrial IoT

• Component: IOT-BSV

• Component Name: IoT Business Services

• Description: The application and use of sensor-based technologies, which are typical of most IoT scenarios, to a concrete business scenario. With that, conventional products, factories, and assets are turned into intelligent products, factories, and assets with self-monitoring capabilities.

Smart SAP Assistant

• Key Concepts: 
  Industrial IoT (Internet of Things) is a term used to describe the network of physical objects, such as machines, vehicles, and other items embedded with electronics, software, sensors, and network connectivity that enable them to collect and exchange data. The IOT-BSV IoT Business Services component of SAP provides a platform for businesses to connect their physical objects to the cloud and leverage the data collected to gain insights into their operations. 
  
  How to use it: 
  The IOT-BSV IoT Business Services component of SAP provides businesses with the ability to connect their physical objects to the cloud. This allows businesses to collect data from their physical objects and use it to gain insights into their operations. The component also provides tools for businesses to manage their connected devices, monitor their performance, and analyze the data collected. 
  
  Tips & Tricks: 
  When using the IOT-BSV IoT Business Services component of SAP, it is important to ensure that all connected devices are properly configured and secured. Additionally, businesses should ensure that they have a plan in place for how they will use the data collected from their connected devices. 
  
  Related Information: 
  For more information on Industrial IoT and the IOT-BSV IoT Business Services component of SAP, please visit the SAP website at https://www.sap.com/products/iot-business-services.html.