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Bosch and SAP want to speed up manufacturing and logistics processes (Photo: SAP)

Bosch and SAP plan to jointly develop cloud-based technologies to speed up manufacturing and logistics processes.

The two German companies said they have formed a strategic partnership to develop new products for the internet-of-things (IoT) and Industry 4.0.

Bosch, one of the world's largest automotive suppliers, and SAP, the world's biggest business software group, are making plans to include the SAP Hana database platform in Bosch's IoT cloud. "The aim is to process large quantities of data for IoT applications in real time," Bosch and SAP said in a press release.

As part of the plan, Bosch will make its Bosch IoT microservices available on the SAP HANA cloud platform. This will allow the connection of different devices and components.

"Databases and platform technologies are fundamental building blocks for new solutions in the internet of things and Industry 4.0," SAP Executive Board member Bernd Leukert said in a press release. "We would like to put these at the disposal of customers, partners and users worldwide."