Bosch extends its Industry 4.0 portfolio

• Dr. Stefan Hartung: “We need to assemble the best possible team”
• Bosch supports customers in connecting the entire value chain
• Bosch is actively shaping change in the industry, and taking advantage of all available opportunities
• 500 associates in Germany, Hungary, and China

Digitalization and connectivity are transforming manufacturing at breakneck speed. Connected production lines permanently monitor their own condition and warn experts before breakdowns. Robots are collaborating ever closer with workers in manufacturing and logistics, boosting productivity. In Germany alone, McKinsey forecasts a revenue potential of just under 9 billion euros in the digitalization of manufacturing by 2020. The greatest potential in the long term is not only in hardware or device connectivity, but also in smart software – the essential enabler of internet of things applications. Bosch has made structural changes in a bid to continue growing in the software business as well: at the beginning of January 2018, a new operating unit, Bosch Connected Industry, began operations with 500 associates in Germany, Hungary, and China. Bosch is pooling all its Industry 4.0 activities in this new unit, including the fields of software and services. “We want to make the most of the potential inherent in connected industry, which means we need to assemble the best possible team,” says Bosch board of management member Dr. Stefan Hartung, whose responsibilities include manufacturing coordinating and, in turn, Industry 4.0. By 2020, the Bosch Group aims to generate more than a billion euros with Industry 4.0.