Bosch SDS Named As A Leader In The Internet of Things Consulting and Services
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Date:March 16, 2024
- ISG recognized Bosch’s extended portfolio and its long experience in implementing large-scale IoT solutions and its capabilities in sensors, software and services
- Bosch’s strategic aim is to integrate AI in its own products or develop products with AI by 2025
USA, January 18, 2022: Bosch Global Software Technologies (BGSW), the largest offshore development center for Bosch worldwide, today announced that its Connected Products and IoT Solutions has been recognized as a “Leader” by Information Services Group (ISG).
ISG’s Provider Lens Quadrant Report ‘Internet of Things – Services and Solutions’ assesses the specific provider services for the IoT environment, including edge computing consulting and implementation, data collection and analysis, consistent security concepts including endpoints and networks, and the integration of the latest technologies such as AI and machine learning.
ISG’s report highlighted Bosch’s Connected Products and IoT Solutions as a one-stop-shop for engineering and IoT-led digital transformation, leveraging the company’s manufacturing and technology capabilities. Bosch offers customizable, end-to-end security solutions for IoT that include embedded/on-chip device security and secure firmware updates over the air.
“At Bosch SDS, we are proactively helping enterprises in challenging the status quo by taking advantage of paradigm shifts in technology innovation, such as IOT, Edge, Cloud, AI/ML, for business model innovation. Increasingly we find ourselves in engagements with large enterprises on their product digitalization journey – essentially making products smart, connected and intelligent – and helping them to monetize the value created by combining insights, service and experience to improve market share and customer loyalty”, said Digant Shah, Group President- Bosch Software and Digital Solutions.
Ron Exler, Director and Principal Analyst, ISG Research said “Bosch is positioned well for the resurgence of interest from enterprises around the world in the Internet of Things (IoT) and its manufacturing counterpart, the Industrial IoT (IIoT). In the U.S., the company leverages its manufacturing expertise in the expansion of its IoT engineering and digital transformation service offerings. ISG also recognizes Bosch’s leadership in IoT consulting and services requiring mobility and monitoring as well as security and AI.”
SDS was created earlier this year by BGSW as an independent unit to manage the business of non-Bosch customers. Bosch SDS focuses on delivering software and digital services in the areas of digital enterprise, engineering R&D, and new age tech.
About BGSW: Bosch Global Software Technologies Pvt Ltd, BGSW (formerly known as Robert Bosch Engineering and Business Solutions) is a 100% owned subsidiary of Robert Bosch GmbH, one of the world’s leading global suppliers of technology and services, offering end-to-end Engineering, IT and Business Solutions. With over 23,000 associates, it’s the largest software development center of Bosch, outside Germany, indicating that it’s the Technology Powerhouse of Bosch in India with a global footprint and presence in US, Europe and the Asia Pacific region. With our unique ability to offer end-to-end solutions that connect sensors, software, and services, we enable businesses to move from the traditional to digital or improve businesses by introducing a digital element in their products and processes.
About Bosch in India: In India, Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has in India the largest development center outside Germany, for end to end engineering and technology solutions. The Bosch Group operates in India through twelve companies: Bosch Limited – the flagship company of the Bosch Group in India – Bosch Chassis Systems India Private Limited, Bosch Rexroth (India) Private Limited, Bosch Global Software Technologies, Bosch Automotive Electronics India Private Limited, Bosch Electrical Drives India Private Limited, BSH Home Appliances Private Limited, ETAS Automotive India Private Limited, Robert Bosch Automotive Steering Private Limited, Automobility Services and Solutions Private Limited, Newtech Filter India Private Limited and Mivin Engg. Technologies Private Limited. In India, Bosch set-up its manufacturing operations in 1951, which has grown over the years to include 16 manufacturing sites, and seven development and application centers. The Bosch Group in India employs over 31,500 associates and generated consolidated sales of about ₨.19,996 crores* (2.54 billion euros) in fiscal year 2020 of which ₨. 14,011 crores*(1.78 billion euros) are from consolidated sales to third parties. The Bosch Group in India has close to 15,650 research and development associates.
The Bosch Group is a leading global supplier of technology and services. It employs roughly 395,000 associates worldwide (as of December 31, 2020). The company generated sales of 71.5 billion euros in 2020. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 129 locations across the globe, Bosch employs some 73,000 associates in research and development, of which nearly 34,000 are software engineers.
The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant upfront investments in the safeguarding of its future. Ninety-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The remaining shares are held by Robert Bosch GmbH and by a corporation owned by the Bosch family. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust.
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