- New concepts and business models for a networked world
- Device management (M2M) software connects devices to the internet
CHICAGO–(BUSINESS WIRE)–Bosch Software Innovations, the software and systems division of the Bosch Group, today announced the introduction of its integrated software suite in the Americas. Comprising the company’s core products for Business Process Management (BPM), Business Rules Management (BRM), and Device Management (M2M), the holistic suite creates the foundation to address connectivity needs in a networked world. This allows businesses to successfully implement new business models.
“By making these systems compatible with one another and connecting them intelligently, a whole new range of services can be created. This will not only change the way people live but also how they do business”
“We expect a worldwide internet penetration rate of around 75 percent by 2015, and over 6.5 billion IP-ready devices to be connected over the internet by then. This number is projected to increase exponentially to an estimated 50 billion devices, appliances and systems that exchange data and synchronize with one another without human input by 2025,” said Shailesh Topiwala, managing director Bosch Software Innovations for the Americas.
“By making these systems compatible with one another and connecting them intelligently, a whole new range of services can be created. This will not only change the way people live but also how they do business,” added Topiwala. “Our software suite is based on open standards that make it highly scalable and therewith particularly suited for dynamic business applications.”
New business models
Bosch Software Innovations already offers various innovative use cases and projects based on its core products, for instance:
- Predictive maintenance: knowing in advance when machinery faults will occur means the appropriate measures can be initiated well before production comes to a standstill.
- Connected mobility: communication between vehicles and fleet operators allows fleet planning to be optimized using real-time vehicle data.
- The virtual power plant of the future: intelligent management of a large number of decentralized energy generation plants and their connection to users.
Software suite components
The Bosch Software Innovations software suite includes three core products, namely BPM, BRM and M2M, and is available in two editions for different application scenarios. The BPM+ Edition encompasses the BPM and BRM components for process and rule-based enterprise applications such as risk assessment, claim processing and workflow management. For complex and future-oriented projects pertaining to the Internet of Things and Services (IoTS), all three products make up the IoTS Edition that provides the backbone for the effective implementation of such solutions and new cloud services to be built upon. The newest addition to the software suite is the M2M component. It connects and manages all kinds of devices to achieve intelligent control in IoTS projects, with the software supporting a flexible authorization model. Since the product is based on an advanced security architecture, end customers can feel safe in the knowledge that nobody can access sensitive data without their permission.
Bosch Software Innovations GmbH, the Bosch Group’s software and systems house, designs, develops, and operates innovative software and system solutions that help our customers around the world both in the traditional enterprise environment and in the Internet of Things and Services (IoTS). We place particular focus in this field on the topics of mobility, energy and building, manufacturing, and financial services. Whether in its special, targeted BPM+ and IoTS editions or as flexible standalone products, our software suite is the perfect foundation not only for projects relating to the Internet of Things and Services but also for projects in the fields of Business Process Management (BPM) and Business Rules Management (BRM).
Bosch Software Innovations has locations in Germany (Berlin, Immenstaad, Waiblingen), the United States (Chicago, Palo Alto, and Vienna), Singapore, China (Shanghai), and Australia (Melbourne). More information can be found at www.bosch-si.com.
The Bosch Group is a leading global supplier of technology and services. In fiscal 2012, its roughly 306,000 associates generated sales of $67.5 billion. Since the beginning of 2013, its operations have been divided into four business sectors: Automotive Technology, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 360 subsidiaries and regional companies in some 50 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spent some $6.1 billion for research and development in 2012, and applied for nearly 4,800 patents worldwide. The Bosch Group’s products and services are designed to fascinate, and to improve the quality of life by providing solutions which are both innovative and beneficial. In this way, the company offers technology worldwide that is “Invented for life.” Additional information is available online at www.bosch.com and www.bosch-press.com.
Bosch Software Innovations
Phone: +1 312-368-2503