Bosch reports increased sales of €73 billion. Wins massive new sensor contract from Apple

Bosch’s robotics expert, Kai Arras,
Bosch’s robotics expert, Kai Arras, with one of the company’s robots in development

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.

As positive as the figures may seem, Denner said the company was nonetheless undergoing “profound transformation”, partly brought about by a range of new technologies which are changing the global industrial landscape, and because diesel engines may be phased out.  Continue reading Bosch reports increased sales of €73 billion. Wins massive new sensor contract from Apple

The potential of predictive analytics for machine builders

Martyn Williams, managing director of Copa-Data UK
Martyn Williams, managing director of Copa-Data UK

Martyn Williams, managing director of industrial automation software expert Copa-Data UK, discusses how machine builders can use predictive analytics to minimise the maintenance and downtime costs of their products

The cost of production downtime varies significantly from one industry sector to another, but without a doubt, when it occurs, downtime is a troublesome and expensive inconvenience for all manufacturers.

More often than not, halts in production could be avoided, so imagine just how much manufacturers could save if machine data was available to anticipate breakdowns.

The good news for industry is that the rise of the Internet of Things (IoT) is allowing machine builders to design and manufacture intelligent machines with predictive analytics capabilities. Continue reading The potential of predictive analytics for machine builders

Robotics and IoT to play central role at Taiwan technology exhibitions

Taiwan’s president, Ma Ying-jeou, viewing the ABB YuMi collaborative robot at a previous event
Taiwan’s president, Ma Ying-jeou, viewing the ABB YuMi collaborative robot at a previous event

More than 1,600 companies have booked stands and are preparing to market their products at the Innovex and Smartex events in Taiwan. Robotics and the internet of things will be among the key attractions.

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The exhibitions are organised by Computex Taipei, a government-linked organisation started in 1981 to promote trade with the outside world.

China has been buying large numbers of industrial robots in recent years, and ABB is one of the companies which is looking to establish itself in the region.

The company is developing partnerships on Mainland China, and has decided to book a place at the Computex in Taiwan, which is something of a global hub for electronics manufacturing.  Continue reading Robotics and IoT to play central role at Taiwan technology exhibitions