NXP is one of the world’s largest chip suppliers to the automotive industry, for advanced driver assistance systems.
Torc CEO Michael Fleming says: “For over a decade, Torc has been working with partners across multiple industries to make the world a safer place through the commercialization of our autonomous technology.
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.
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.