Archivo de la categoría: Bosch

Big Data, Bosch, connected car, HERE, News & Analysis

Bosch rumoured to be discussing stake in HERE

HEREGerman engineering giant Bosch is reportedly in talks to take a stake in high-definition digital maps company HERE, according to multiple sources.

HERE, which has been in operations for more than 25 years, has been the focus of healthy media attention in recent weeks as numerous tech companies have been linked to stakes within the company. Last year a consortium of German car manufacturers, including Daimler and BMW, acquired the business from Nokia for €2.5 billion with the aim of sourcing an alternative digital mapping offering from Google, for autonomous car initiatives.

Aside from engineering companies such as Bosch, the consortium has also been rumoured to be negotiating with various cloud providers, including Amazon and Microsoft. While rumours have focused on the consortium attempting to reduce financial exposure, a partner such as Amazon or Microsoft who could provide access to vast computing power, could be useful addition in efforts to establish the realities of the connected car.

HERE has claimed that its mapping systems can be identified in four out of five in-car navigation systems in North America and Europe, and recently extended its technology to the third-party developers in the Samsung connected car ecosystem.

While the move takes Bosch away from its traditional base of automotive components, it does build on moves made by the company in recent months to diversify its business offering. Last month the company announced the launch of Bosch IoT Cloud entering the company into the IoT race. The IoT cloud initiative comprises technical infrastructure as well as platform and software offerings, and claims to cover the full IoT proposition, from the device to the cloud.

“As of today, we offer all the ace cards for the connected world from a single source,” said Bosch CEO Volkmar Denner at the time of the launch. “The Bosch IoT Cloud is the final piece of the puzzle that completes our software expertise. We are now a full service provider for connectivity and the Internet of Things.”

A stake in mapping company HERE could add further weight to Bosch’s ambitions to diversify its business offering and grow within the software market.

Bosch, Internet of Things, IoT cloud, News & Analysis

Bosch boosts enterprise IT credentials with IoT Cloud launch

Bosch IoT cloudGerman engineering and electronics giant Robert Bosch has thrown its hat into the IoT ring with the launch of Bosch IoT Cloud.

The new initiative comprises technical infrastructure as well as platform and software offerings, and claims to cover the full IoT proposition, from the device to the cloud. It will be initially utilized for in-house solutions, though plans are to roll out the platform as a service for other companies worldwide from 2017.

“As of today, we offer all the ace cards for the connected world from a single source,” said Bosch CEO Volkmar Denner. “The Bosch IoT Cloud is the final piece of the puzzle that completes our software expertise. We are now a full service provider for connectivity and the Internet of Things.

“A major factor in the success of connected solutions is their scalability. Business models must be able to grow quickly when necessary. The Bosch IoT Cloud means Bosch now has the relevant infrastructure. We see this as a major milestone for Bosch.”

Traditionally a major player in the automotive, building and appliances spaces, the announcement follows a lengthy transition into the digital industry with Bosch apparently spending €500 million annually on new technologies. “The key prerequisite for this is to have in-house software and IT expertise,” said Denner. “Bosch has been building these capabilities for many years. Digital transformation and increasing connectivity are huge opportunities for us.”

The move allows Bosch to increase its influence in the development of the connected world in such areas as smart homes, smart cars and Industry 4.0. Current applications include detection of parking spaces, insurance rebates for careful drivers, a platform which connects user’s smartphones with the heating, lighting and smoke alarms at home, as well as a system to connect technicians directly with their customers’ heating systems. The company claims to currently connect more than five million devices and machines.

Denner’s leadership over recent years has driven Bosch’s strategic transition and brought about a number of acquisitions, including Pro-Syst Software, to build the company’s software expertise – the cornerstone of Bosch IoT Cloud.

This move is a great example of how IoT is bringing businesses from a very diverse range of industries into the same space as partners, competitors or both. Companies like Bosch will increasingly be bumping shoulders with the likes of Ericsson, Cisco, Intel and Amazon in the race to serve up the most comprehensive IoT proposition.