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Car/BOSCH

Connected solutions can create jobs in Germany

by Rescue911K 2014. 2. 11.

Bosch Press Information from the sector Bosch Software Innovations

First Bosch ConnectedWorld Conference

Connected solutions can create jobs in Germany

Conference in Berlin attended by more than 400 experts


Success of networked solutions depends on high level of benefit

Second conference planned for 2015

New alliances for the internet of things


Stuttgart/Berlin – If the internet of things is to gain widespread acceptance, its main focus has to be a high level of benefit. This was the message from the Bosch CEO Volkmar Denner at the “Bosch ConnectedWorld” conference in Berlin. Held on February 5 and 6, this was the first conference of its kind. Attended by more than 400 experts, it focused on smart batteries, smart homes, and smart sensors.



Huge market potential

The delegates agreed that the internet of things opens up huge market potential. By 2015, Bosch expects that roughly 75 percent of the global population will have access to the internet, and that six billion things will already be connected to the web. This growth is happening at a high exponential rate.


The opportunities presented by smart factories

On the internet of things, parts and machines can also exchange information, allowing industrial manufacturing to be made more flexible. This will effectively create “smart factories” which are expected to lead to considerable increases in productivity, with opportunities opening up for German industry both as a supplier and a user. “The internet of things, and the smart factories that go with it, has the potential to create and preserve jobs in a high-wage location such as Germany,” Denner said. In this context, Bosch expects to see many new alliances, including between companies that have so far had nothing to do with each other.


Cross-industry conference

Delegates to the Berlin conference – which included speakers from Cisco, BMW, McKinsey, Vodafone, and the University of St. Gallen – came from a wide range of industries, and from companies of all sizes. “This also shows how important alliances are for putting connected solutions into practice – all of us expect to see new alliances among completely new partners who have hitherto worked in completely different domains,” said Dr. Rainer Kallenbach of Bosch Software Innovations. This subsidiary, the group's software and systems unit, employs 600 associates. It also organized the conference. A second conference is planned for 2015.


A wealth of opportunities for Bosch

The internet of things and services will change business and society. The technological basis already exists: tiny radio sensors can automatically record the status of any object and transmit this over the internet. Using the right software, this data can be evaluated and used as the basis for decisions. This opens the door to a whole new world of business models. As Kallenbach emphasized, this means a wealth of opportunities for Bosch: “The internet of things is not only relevant for industry, but also for mobility, energy, smart homes, and smart cities. Right now, Bosch is unsurpassed when it comes to covering this breadth and depth of applications – from the tiniest sensor to the connected city.”


Internet


What is the internet of things?

http://bit.ly/1fBxdru


The “sensory organs” of the internet of things:

http://bit.ly/1bB9Qiv


The huge economic potential of the internet of things:

http://bit.ly/1bvt5qE


Smart factories: machines that organize themselves

http://bit.ly/MwKV6p


Energy harvesting for the internet of things:

http://bit.ly/1lFc33b



The Bosch Group is a leading global supplier of technology and services. According to preliminary figures, its roughly 281,000 associates generated sales of 46.4 billion euros in 2013 (Note: due to a change in the legal rules governing consolidation, the 2013 figures can only be compared to a limited extent with the 2012 figures). Its operations are divided into four business sectors: Automotive Technology, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its more than 360 subsidiaries and regional companies in some 50 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. In 2013, Bosch applied for some 5,000 patents worldwide. The Bosch Group’s products and services are designed to fascinate, and to improve the quality of life by providing solutions which are both innovative and beneficial. In this way, the company offers technology worldwide that is “Invented for life.” 


The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH. 


Additional information is available online at www.bosch.com and www.bosch-press.com, http://twitter.com/BoschPresse.

This information is available for download here:

▶ http://www.bosch-presse.de/presseforum/detail/en-US&txtID=6656


Best regards from the Bosch press department

 http://www.bosch-presse.de


/ Photo & Report provided by Bosch Press Release - sujung.jang@kr.bosch.com

/ MediaPaper.KR mediapaper@ymail.com  Sejin Oh

/ The News Article was written by receiving a Press Release.

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