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Home Business News Bosch inaugurates world-class research & technology centre in Bangalore

Bosch inaugurates world-class research & technology centre in Bangalore

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Bosch logoThe new centre to focus on Internet of Things and Services (IoTS) development.

 

Bangalore. Bosch, a leading global supplier of technology and services, has recently inaugurated a Research & Technology Center and announces a planned investment of Rs12 billion for 2014.
Present only in four other international Bosch locations, the high-end innovation center in India is part of Robert Bosch Engineering and Business Solutions (RBEI) – the largest software development center of Bosch, outside Germany. It aims to engage with the finest academic research community and work with some of the best technical talent pool in India.

The research focus of RTC will be in the area of Internet of Things and Services (IoTS), System & Software Engineering for engineering methods, data and cutting-edge technology areas of computer vision and image processing. Bosch believes that as early as 2015, more than six billion ‘things’ which include vehicles and smart phones as well as containers and machines will be connected to the internet, making the IoTS a reality. Entirely new services will emerge that will transform people’s everyday lives and open up new business opportunities. Keeping this long term vision in mind, the RTC will focus on technologies for smart networking of devices and systems with enhanced reasoning and assistance capabilities. The technologies developed in the domain of IoTS also aim to address India centric challenges, as Bosch believes that the country can achieve a strategic edge by becoming an early adopter of IoTS systems.

“India continues to play a pivotal role for the Bosch Group, and we are committed to expanding and strengthening our already broad-based footprint in the country in the years to come despite the prevalent economic situation,” stated Peter Tyroller, member of the board of management, Robert Bosch GmbH, responsible for Asia Pacific.

The planned investment for the year will be directed towards capacity expansion across Bosch India like building of new facilities, augmentation of existing production lines and research & development. The inauguration of the new Research & Technology Center (RTC) in Bangalore is a step in this direction.

Present only in four other international Bosch locations, this prestigious high-end innovation center in India is part of Robert Bosch Engineering and Business Solutions (RBEI) – the largest software development center of Bosch, outside Germany. It aims to engage with the finest academic research community and work with some of the best technical talent pool in India.

The research focus of RTC will be in the area of Internet of Things and Services (IoTS), System & Software Engineering for engineering methods, data and cutting-edge technology areas of computer vision and image processing. Bosch believes that as early as 2015, more than six billion ‘things’ which include vehicles and smart phones as well as containers and machines will be connected to the internet, making the IoTS a reality. Entirely new services will emerge that will transform people’s everyday lives and open up new business opportunities. Keeping this long term vision in mind, the RTC will focus on technologies for smart networking of devices and systems with enhanced reasoning and assistance capabilities. The technologies developed in the domain of IoTS also aim to address India centric challenges, as Bosch believes that the country can achieve a strategic edge by becoming an early adopter of IoTS systems.

Commenting on the current economic situation in India, Mr. Tyroller added: “Though the current economic environment poses challenges, we are convinced that India’s consumption story remains positive and retain a bullish outlook for our mid- and long-term growth prospects”. By 2020, as forecasted, every second vehicle will be produced in the emerging markets and India would be the 5th largest car manufacturer in the world.

 

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