Industrial Automation Magazine India

Hannover Messe Bosch solutions for manufacturing

Published on : Monday 20-07-2020

The key to the factory of the future – Manufacture LikeABosch. Improved competitiveness – Bosch sales grow to 750 million euros with Industry 4.0.

Stuttgart/Hannover, July 2020 – Manufacturing is the backbone of the German economy. It creates jobs, inspires innovation, and secures prosperity. Just under a quarter of Germany’s gross value added is attributable to manufacturing. To remain successful, however, the manufacturing industry needs to change to become greener, smarter, and more digital. As a leading IoT player, Bosch has all the core competencies required to shape connected manufacturing. The company equips factories and boosts competitiveness. At the Hannover Messe Digital Days (July 14–15, 2020), Bosch explained its strategy and presented ideas and solutions. Manufacturing ‘like a Bosch’ means: achieving business success, environmental sustainability, technological flexibility, smart connectivity, and having the right skills and qualifications

Bosch has been digitalising manufacturing and logistics since 2012 – both in its own plants and in those of its customers. This can increase productivity by up to 25 per cent. Bosch is aiming to achieve such a boost by applying artificial intelligence, for example to the planning and optimisation of production processes. At the same time, the industrial internet of things makes companies more resilient, robust, and crisis-proof. It helps monitor the utilisation and condition of individual machines and provides transparency about the supply chain. Industry 4.0 is becoming a key factor in business success. In 2019, Bosch generated sales of over 750 million euros with connected solutions for manufacturing and logistics. That was an increase of 25 per cent from the previous year’s figure of some 600 million euros.

Other highlights include:

·         Environmental sustainability: the path to climate-neutral manufacturing

·         Technological flexibility: open and compatible products for the market

·         Smart connectivity: driving forward new technologies in partnerships, and

·         The right skills: qualified associates drive Industry 4.0.