Bosch sets up company for the Internet of Things

The Internet of Things represents a huge opportunity for home appliances. That explains why German company Bosch has decided to set up a new company – Bosch Connected Devices and Solutions GmbH, for the Internet of Things and services.

Bosch Internet of Things

Bosch stall in Stuttgart

The new company, said Bosch in a press release, shall supply compact electronic products and software expertise designed to make devices and objects intelligent and web-enabled across a broad range of applications. It will initially focus on sensor-based applications for 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,” says 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 is headquartered in Reutlingen and will also have sites in Coimbatore, India, and Suzhou, China. It specializes in the development of networked sensors and actuators. Actuators convert electrical signals from sensors or control units into a physical action, such as automatically switching a light on and off or opening and closing a valve.

The Bosch Group is a leading global supplier of technology and services. In fiscal 2012, its roughly 306,000 associates generated sales of 52.5 billion euros.

Image Credit: Facebook/Bosch

 

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