Robert Bosch wants to open up new market segments with solutions for connected living, according to a prepared statement released earlier this week.
_The breadth of our technological expertise and our presence in diverse sectors of the economy are crucial advantages in a connected world. We want to play an active role in shaping that world, and at the same time take advantage of the business opportunities it offers. Boschs strategic objective is to create solutions for a connected world,î Dr. Volkmar Denner, chairman of the board of management of Robert Bosch said in the statement.
By 2015, some 75 percent of global population will be online, along with more than 6 billion devices. In Boschs view, however, this only scratches the surface of the potential opportunities. In the future, the company will make all its electronic appliances web-enabled. _Connectivity will open up new possibilities for all our areas of work. This goes for mobility, for industrial technology, and especially for energy and building technology–also in connection with our consumer goods,î Denner said.
At the beginning of the year Bosch set up Bosch Connected Devices and Solutions, a subsidiary for the development of new business ideas for a connected world. Bosch will also be working with partner companies to make a software platform available for standardized data exchange in smart homes. _Alliances are key drivers of the trend toward connectivity,î Denner said.
How the Internet has evolved could not have been foreseen 20 year ago; this will be true for future developments as well, which is why speed and agility is crucial when dealing with a connect world, Denner said. Moving forward, Bosch will increasingly start up new business activities to test their potential. Bosch Start-up will assume the role of an incubator for new business ideas and models. The team will help Bosch researchers quickly launch products and services.