The number of IoT connected devices continues to grow at an exponential rate. The number of devices installed globally reached 23.14bn in 2018, with numbers set to surpass 75bn by 2025. Such growth has not gone unnoticed by manufacturers, who have sought to invest in IoT and AI solutions to drive greater connectivity and transform the customer experience.
“Bosch recognised the huge opportunities of the IoT early on. We have been actively shaping the connected world for nearly 10 years now,” said Bosch board management member, Dr Markus Heyn. Carrying out over 270 projects by utilising its own IoT cloud services, the company has looked to deliver world-class mobility, smart homes, smart cities and agricultural solutions, where the number of sensors and devices connected over the Bosch IoT Suite has risen nearly 40% since last year, reaching 8.5mn.
“We will best be able to unlock the potential of IoT if we combine it with AI, and take our IoT and AI activities forward in parallel,” Heyn added. “It is only through AI that connected things become intelligent and learn to draw their own conclusions. Above all, we aim to achieve concrete improvements in people’s real, everyday lives – things such as more time, more security, more efficiency and more convenience.”
Partnering with Canadian platform provider, Mojio, Bosch has delivered its first integrated IoT platform for connected vehicles. In the event of an accident, a Bosch algorithm can identify where and when the accident happened and the severity of the damage. By utilising Mojio cloud, the data is transmitted in real-time to the Bosch emergency service centre, who will contact local rescue services with the exact location. A number of recipients of the customer’s choice, such as family members will also be contacted through the Mojio app. In 2020, this technology will be available in vehicles across Europe and North America.
Developing a concept shuttle vehicle in-house, Bosch is continuing to explore automation, connectivity, and the electrification of vehicles, which plays into its long-term mission to deliver innovative transportation that is reduces emissions, accidents and convenient for all. For shuttle-based mobility in particular, the company will supply not only components and systems, but a complete range of mobility services, such as reservation, sharing, and connectivity platforms, as well as parking and recharging services.
This year, Bosch is set to partner with Daimler to test a fully automated, driverless ridesharing service in San José in a bid to fully revolutionise the experience of consumers and take its autonomous driving ambitions to the next level.