Menu

Smart Factories FEATURE NEWS

BASF and SAP Bring Multiple Business Partners Together in Global Network for Technical Assets

By Ken Briodagh August 30, 2017

In a recent release, BASF and SAP have announced the start of a project at BASF’s Ludwigshafen site to evaluate digital collaboration among business partners in the domain of engineering and maintenance.

SAP Asset Intelligence Network, a cloud-based collaborative network, will provide BASF with a digital data connection to multiple original equipment manufacturers (OEMs) and service providers and their respective asset data. The project’s goal is to establish a fully integrated and centrally managed asset information repository, helping ensure data consistency and availability.

“BASF constantly works on optimizing its sites, plants and production processes,” said Dr. Andreas Wernsdörfer, SVP, Technical Site Services Ludwigshafen, BASF. “SAP Asset Intelligence Network is an approach that has the potential to further improve our engineering and maintenance processes by establishing a fully integrated digital information chain between OEMs, service providers and BASF over the whole asset lifecycle. A more integrated digital approach with our business partners would allow us to easily access the latest and current information when and where needed, leading to quicker and better decision making and in consequence higher asset effectiveness.”

By establishing such a single source of truth for asset information, BASF aims to further improve the efficiency of its engineering and maintenance processes throughout the asset lifecycle.

“With SAP Asset Intelligence Network, we enable our customers to collaborate in a digital ecosystem to manage intelligent devices in the Internet of Things (IoT) and achieve their goals for operational excellence,” said Dr. Tanja Rueckert, president, IoT and Digital Supply Chain, SAP. “Working with industry leaders like BASF, we aim to establish a network of real-time industrial asset information so that our customers and their partners can realize the full advantages of the IoT with the SAP Leonardo digital innovation system."


Ken Briodagh is a writer and editor with more than a decade of experience under his belt. He is in love with technology and if he had his druthers would beta test everything from shoe phones to flying cars.

Edited by Ken Briodagh

Editorial Director

SHARE THIS ARTICLE
Related Articles

Uncovering the New Wave of Manufacturing Service Leaders

By: Special Guest    6/22/2018

Recently one of the most authoritative voices in the service industry, The Service Council (TSC), conducted a study to uncover industrial manufacturin…

Read More

ADLINK Partners with FFG for 5G and ROS2 Factories of the Future

By: Ken Briodagh    6/12/2018

ADLINK Technology has joined forces with Fair Friend Group (FFG) to develop a new ROS2 toward Converged 5G for Factories of the Future project.

Read More

Honeywell Introduces New Connected Building Software to Optimize Space and Costs

By: Ken Briodagh    6/12/2018

Honeywell has introduced its new Honeywell Vector Space Sense, a software solution designed to show where, when, and how building spaces are used at a…

Read More

Plant Workers Skeptical About Industry 4.0: New Research Study

By: Special Guest    6/7/2018

Most research into the topic of Industry 4.0 Maintenance is based on insights gained by senior management.

Read More

3 Reasons Your Competitors Have Already Begun Implementing IIoT Strategy

By: Special Guest    6/5/2018

The Industrial IoT is transforming equipment into intelligent machines that can predict their own needs. But implementing an IIoT strategy requires a …

Read More