In this interview, Stefan Hartung, a senior member of the board at Bosch, talks extensively about the industrial internet, detailing some of the components and devices the company uses to give old machines a new lease of life, and provides some insight into the company’s plans going forward
Bosch is as relevant in today’s computerised world as it was after the end of the first industrial age, and the company’s main concern now is keeping it that way.
Its relevance comes from making the power tools and household appliances most readers will be familiar with, and also from its development of ideas and technologies which are likely to shape a future which many of us haven’t even thought about yet.
Nowadays, all the talk is of Industry 4.0, an umbrella term to describe a range of technologies which have at their centre two tiny components: sensors and chips – both of which are Bosch’s essential stock in trade.
The company is developing a range of hardware and software solutions for what it calls automated driving, and one of them is an onboard artificial intelligence-driven computer, which will go into production within the next few years.
Bosch – one of the world’s largest industrial companies, producing a wide variety of engineered products, from automotive components to home appliances – has reported increased sales for the year 2016.
In a press conference last week to launch the German giant’s annual report, Bosch CEO Volkmar Denner listed the key figures:
sales rose from €70.6 billion in 2015 to €73.1 billion last year; and
earnings before tax in 2016 reached a total of €4.3 billion.
Sales in all business segments and geographical regions had increased, added Denner.
Tata Elxsi will be unveiling its latest automotive technology solutions driven by emerging industry requirements for cyber-security, safety, comfort and user experience at the Consumer Electronics Show.
The company will be at CES 2017, booth number 6223, at the Las Vegas Convention Centre.
Future business models must be based on individuality, as vehicles become the new living space, argues Frost & Sullivan’s mobility team
Improvements in advanced driver assistance system sensors are driving automation features in original equipment manufacturer vehicles, according to a new report by Frost & Sullivan.
By collaborating with leading technology providers in the autonomous driving space, OEMs have an opportunity to transform into mobility service providers and introduce levels 4 and 5 autonomous cars earlier than expected, says the business consultancy.
The planned new company will have its headquarters in Gothenburg, Sweden, and an initial workforce taken from both companies of around 200, increasing to over 600 in the medium term. The company is expected to start operations in early 2017.
While everyone seems fascinated by driverless cars brought to us via Silicon Valley, established suppliers of advanced driver assistance systems are quietly doing a roaring trade
The automotive industry is going through some fundamental changes, mostly because of computer technology.
The changes include higher levels of computer processing, fully driverless vehicles, greater levels of autonomy, internet connectivity, and the switch from petrol-powered combustion engines to electric.
It’s probably inevitable that the combustion engine will be gone from most mass-manufactured cars within a couple of decades, and will eventually only be seen in antique cars and supercars, although even some supercars are going electric.
Chipmaker finds a way into lucrative advanced driver assistance systems market
An Intel senior executive has written a blog about how the company has bought its way into what is now one of the fastest-growing segments of the global auto technology market – advanced driver assistance systems.