Bosch sets up ‘strategic’ company to support internet of things and services
The company will initially focus on sensor-based applications for the control of air conditioning, light or heating within buildings such as intelligently networked homes, or ‘smart homes’, as well as for activities in the fields of traffic, transportation, and logistics.
“From vehicles and smart phones to containers and machines – by 2015 more than six billion things will be connected to the internet. Entirely new services will emerge that will transform people’s everyday lives and open up huge new business opportunities. These services will rely on the smart networking of devices within wider systems,” explained Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH. “Setting up Bosch Connected Devices and Solutions is a key strategic step in our plans to expand our portfolio for the internet of things and services.”
Bosch Connected Devices and Solutions GmbH will be headquartered in Reutlingen, Germany and will also have sites in Coimbatore, India, and Suzhou, China. The new business will specialize in the development of networked sensors and actuators.
“The introduction of MEMS sensors in automotive electronics in the 1980s and 1990s marked the first wave of growth. The second major wave has been their widespread incorporation in smart phones, tablets, and games consoles since the beginning of the 21st century – and the internet of things and services now heralds the third wave. We’re convinced that it will far surpass the first two waves,” said Denner. “Sensors, signal processing, batteries, and transmitters have become so small, energy efficient, and inexpensive – even as all-in-one units – that they can be used in their billions. And at the same time radio networks are now available almost everywhere.”
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