Engineering and electronics player Bosch has set up a new company whose purpose will be to develop new products and services for the M2M market.
The company says the new Bosch Connected Devices and Solutions will initially focus on developing sensor-based applications for intelligently networked homes – so-called ‘smart homes’ – as well as for activities in the fields of traffic, transportation and logistics.
“From vehicles and smart phones to containers and machines – by 2015 more than six billion things will be connected to the internet,” said Volkmar Denner, Bosch’s (Stuttgart, Germany) chairman. “Setting up Bosch Connected Devices and Solutions is a key strategic step in our plans to expand our portfolio for the Internet of Things and Services.”
The new business will be headquartered in Reutlingen in Germany but also have sites in Coimbatore, India, and Suzhou, China.
Besides developing sensors, it will also specialize in the production of actuators – which convert electrical signals from sensors or control units into a “physical action”, like turning on a light or opening a valve.
Bosch says it will be able to draw on its “many years of experience in electronics and sensor technology” in developing the new business.
The company claims to be the world’s largest supplier of MEMS sensors, in terms of sales revenues, producing more than one billion micromechanical sensors a year for the automotive and consumer electronics markets.
“The introduction of MEMS sensors in automotive electronics in the 1980s and 1990s marked the first wave of growth,” said Denner. “The second major wave has been their widespread incorporation in smart phones, tablets and games consoles since the beginning of the 21st century – and the Internet of Things and Services now heralds the third wave.”
“Sensors, signal processing, batteries, and transmitters have become so small, energy efficient, and inexpensive – even as all-in-one units – that they can be used in their billions,” he added. “And at the same time radio networks are now available almost everywhere.”
Bosch plans to show off some of the new M2M technologies it is developing at the forthcoming Consumer Electronics Show in Las Vegas.