Bosch provides software stacks to manage business processes, infrastructure and big data
LAS VEGAS-- When you think about Robert Bosch, you usually think hardware. Automotive braking systems, power tools, MEM sensors or even dishwashers, perhaps.
But Bosch also has a large software unit that provides software stacks to enterprises looking to manage business processes, sensor outputs and big data.
The Bosch software systems division was set up "to develop a software technology stack to enable the connection of edge devices to the Internet and create new features and functions from the infrastructure," explained Shailesh Topiwala, chief executive officer of Bosch Software Innovations.
"We have developed a software technology stack incorporating business process management, business rules management, infrastructure management and data management and tying all of these core technologies together with a platform approach that is industry agnostic," Topiwala told FierceEnterpriseCommunications at the 2013 Consumer Electronics Show being held here this week.
Bosch recently acquired inubit AG, expanding its business process management offering for enterprises in the utilities, insurance, automotive and logistics, telecommunications and healthcare markets.
Bosch estimates that by 2015 more than 6 billion devices and systems will be connected to each other and exchanging data via the Internet. Bosch Software Innovations is set to capitalize on this explosion of linked devices, particularly from the enterprise perspective.
"One of our target applications is in the manufacturing space where we see more smart automation where you have to aggregate data from sensors coming to make an evaluation about what is going on at the periphery," Topiwala explained.
"In the manufacturing space, we see applications in the factory automation and remote condition monitoring for equipment in the field--not only scheduled maintenance but predictive maintenance… We are able to use our software stack, incorporating sensors and so forth, and model those out and come up with predictive maintenance models," he related.
For example, Bosch is working with financial institutions to develop credit and risk management models. "Financial institutions are using them to develop more robust credit management processes and credit risk rating solutions," Topiwala said.
In addition, Bosch is working with U.S. firm Green Charge Networks to help utilities monitor, manage and predict conditions on the electric grid based on input from smart meters, transformers and other network-enabled devices in real time. "In 10- to 15-minute increments, utilities can tell where overload conditions are occurring and mitigate them before the transformer burns out, which is five times more expensive to repair," Topiwala said, adding this can save tens of millions of dollars per year for a utility.