Bosch has launched a slew of smart solutions in India based on growing infrastructure and consumer demand. The company has forayed into new verticals with digital solutions at the core leveraging the successful collaboration of its cross-divisional teams, engineering heritage and strong presence in the Indian market. Over the last few years, beyond-mobility solutions have gained 35 per cent and have contributed significantly to the Bosch Group’s turnover.
“Our business is in a process of profound transformation from a hardware focus to models that focus more on services and data. We have the capability to develop greenfield technology that can power industries in a new-age manner,” says Soumitra Bhattacharya, Managing Director, Bosch Limited and President, Bosch Group, India. “The key to success will be partnership with local players to drive connectivity forward and a localized strategy to meet consumer demand,” adds Bhattacharya. Here are some of the India-specific digital solutions:
Digital power tools that offer convenience and affordability to improve lives
Bosch has developed affordable and localized solutions to improve working conditions, performance and businesses of tradesmen, contractors, carpenters, artisans and other industrial and institutional customers. Innovative cordless technology, connected power tools and connected work sites benefit end customers. With new business models such as rental power tools and digital services for customer support, channel partners and sales force, the company is boosting construction industry’s growth and employment.
Smart security solutions for smart cities and connected transportation
Bosch is transforming security systems by providing connected solutions at metro stations and airports. Bosch’s security solutions, such as intelligent cameras, public address systems and other technologies, are helping cities solve the urban transportation and safety issue by providing seamless digital platforms.
Personalized home appliances and digital services for all segments
Bosch is becoming a Hardware plus company by offering personalized home appliances and digital services to suit household requirements. Bosch Home Appliances will invest 100 million Euros over the next 3 to 4 years into personalized solutions, brand building, strengthening its technology center, and setting up a robust refrigerator factory to bring its best-in-class German technology to India.
Customized energy solutions to provide energy efficiency and sustainability
Bosch Energy and Building Solutions (BEBS) is offering services for commercial and industrial facilities with the objective of reducing energy consumption. The company also offers value added solutions for easy monitoring and controlling of energy consumption.
Turning Bosch facilities into smart factories of the future
A key component of Bosch’s beyond mobility offerings is Industry 4.0 technologies. Bosch is building smart factories with the focus on automation, digitalization, AI and IoT that are boosting productivity, quality and safety. Bosch leverages a unique dual-strategy of being a leading user and provider of Industry 4.0 solutions, and is thus well placed to build an ecosystem to create affordable digital solutions for SMEs and customers.
Embracing a future fueled by robotics and automation to transform how we work and live
Bosch is implementing robotics and automation solutions that augment its smart manufacturing and connected industry solutions in India. This is being achieved by developing solutions that include collaborative robots, IoT and machine learning. Bosch India is partnering with OEMs across industries and also implementing robotics and automation solutions across its manufacturing facilities.
Innovation hub for the world by adopting new-age technologies across industries
At the heart of all these changes lies innovation, and Bosch is turning itself into an innovation hub for the world by developing solutions based on AI, Blockchain, sensors and other futuristic technologies to build sustainable ecosystems across industries for the future.
Bangalore is one of the global innovation centers for AI solutions and transformations are being driven through Bosch’s “3S” strategy – where it uses sensors, software and services. Bosch’s innovation accelerates this growth with robust distribution networks, India-specific innovations, consumer centricity, and lastly, by entering new market segments. – EE Times India