SAP Plans $2.2 Billion Investment in Connected DevicesBy
Software maker aims to spend 2 billion euros over five years
Softbank, IBM, Cisco also active in industrial internet field
The global market for connected sensors and smart devices will be worth an estimated 250 billion euros ($279 billion) by decade’s end, according to German software maker SAP SE, which is why it’s spending 2 billion euros through 2021 to stay ahead of the curve.
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