Stuttgart, Germany. Bosch expands its international business with comprehensive services for commercial buildings, a strategic growth area for the Building Technology and Energy sectors. Climatec, a Bosch subsidiary headquartered in Phoenix, Arizona, USA, has bought Skyline Automation. The company, which specializes in automated building control and system integration, offers installation and connection services for a variety of building services systems.
Bosch acquires U.S. company specializing in automated building management
– Bosch enhances technical competence and market presence with Skyline Automation acquisition
– Stefan Hartung:
“This is a strategic step towards becoming a complete solutions provider for network systems and building services.”
– Growth through new business models and services for greater convenience, reliability and energy efficiency
Building automation reduces energy consumption by 40%. Skyline Automation, a Skyline Automation company based in Stadler, Calif. Clifton, New Jersey, and has only 40 employees, in 2015. was $12 million. Climatec, a building management services company, was acquired by Bosch in 2015. and has so far only operated in the western U.S.
“By acquiring Skyline, we are strengthening our technical support operations in the building technology and energy sectors, as well as expanding our presence in the North American market, which is experiencing significant growth.”,
– said Dr. Stefan Hartung at a press conference in Stuttgart. Dr. Hartung is a board member of Robert Bosch GmbH and is responsible for the Building Technology and Power Engineering sector.
“With the acquisition of Climatec, this is the next step toward becoming a complete solutions provider for networked systems and building services.”
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Networked solutions enable new business models and services
Network technology opens up many new business opportunities for Bosch in the building technology and energy sectors, especially in the services sector. Experts estimate the global market for smart building technology to be worth about $6 billion by 2021. will grow to 25 billion, an annual growth rate of 34%.
“Services are becoming an integral part of our business. In the future, the sale of any equipment will be accompanied by the sale of the corresponding service.”,
– said Dr. Hartung. Bosch’s great strength is its rich portfolio of business solutions in developing and implementing services for the world of network technology, as well as its extensive experience in software development and the use of sensors.
“We’re connecting cars to homes and creating entire digital cities. For tasks of this kind, Bosch has unique experience and expertise from a wide range of device types.
Bosch Building Technology & Energy includes the Thermal Engineering, Security Systems and Service Solutions divisions, as well as subsidiaries Smart Home and Energy Storage Solutions. In 2015. Building technology and energy sector turnover of 5.1 billion euros.
Service Solutions: 15% annual growth in turnover
The service solutions division, established at the beginning of 2016., shows significant growth. About 7,600 employees provide communications services, remote monitoring of buildings and industrial facilities, and are responsible for improving the safety of trucks and cars throughout the supply chain. For example, the Secure Truck Parking service allows secure truck parking spots to be booked online at rest stops before leaving for the route. On behalf of vehicle manufacturers, the service solutions division provides eCall automated emergency call service and concierge service. In 2015. Bosch Service Solutions answered more than 120 million customer enquiries in 14 countries on behalf of more than 1,000 companies – 30 million more than in 2013. Bosch expects Service Solutions to grow at a rate of 15% a year.
Smart Homes: 10 billion euros of global market potential
The development of networking technology in smart homes makes life easier and saves tenants from boring chores. Marketers predict that as early as 2017, the system will be able to monitor heating systems. The potential of the global smart home market will reach 10 billion euros. By 2020. About 230 million households will be equipped with such smart solutions t. e. 15% of all homes worldwide . Since the beginning of the year, Bosch has consolidated all of its activities in this area under the roof of Robert Bosch Smart Home GmbH. The company offers a simple and reliable solution for smart homes – the Bosch Smart Home system. At IFA 2016, Bosch unveiled its new products, including a miniature all-around camera and a smart smoke alarm that also triggers a burglary and measures air quality parameters.
The leading provider of intelligent heating solutions
Bosch has already sold more than 210,000 units of networked technology, becoming a major supplier of smart home heating equipment that offers the highest level of convenience, energy efficiency, safety and service quality. On the HomeCom portal, installers can find detailed information about the networked heating systems their customers have purchased, including a list of faults and possible causes. End users can get accurate information about their heating system, as well as consumption data and customized energy-saving recommendations. Bosch has developed the Boiler iQ network service together with British Gas. It allows British Gas to remotely monitor the heating systems of its UK customers around the clock. As soon as the system registers a problem, it automatically sends a request to the user’s smartphone for a specialist visit. At the same time, the service technician receives all the data needed to solve the problem. In this market, Bosch does business in three areas: heating systems for residential buildings, domestic water heaters, and heating and air conditioning systems for commercial and industrial buildings. In all of these segments, Bosch is developing steadily and plans to grow ahead of the market.
The growing market for intelligent video surveillance technology: more than just footage
Today’s cameras don’t just record images – they record speed and direction, colors, and more. A security guard who has to watch video on multiple monitors for hours on end can easily miss something important. In such a situation, it is useful if the cameras have intelligent functions and are able to attract the attention of the guard themselves if someone climbs over the fence or steals a work of art. It’s possible thanks to intelligent video analysis. Modern Bosch cameras come standard with this technology. They recognize burglars and luggage left unattended, count the number of people in a crowd and sound the alarm in case of fire. Intelligent algorithms, on which this technology is based, were previously only used in the most complex and expensive models, which were put in such critical places such as airports and government buildings. Bosch is offering a full suite of analytics features Essential Video Analytics this year also in the mid-priced camera segment, making it an attractive solution for new target groups such as hotels and retail stores. Such a system quickly and easily processes huge amounts of video data, extracting vital information. Transmitting only the relevant images significantly reduces memory requirements and network loads – and therefore operating costs.
“How has Bosch’s experience in developing networked technology in smart homes impacted the daily lives of individuals in terms of making their lives easier and more convenient?”
What specific examples can Bosch provide to demonstrate how networked technology in smart homes has made life easier for consumers?
Bosch can provide specific examples of how networked technology in smart homes has made life easier for consumers by showcasing their smart thermostats that allow users to control the temperature of their homes remotely, their smart security systems that provide real-time alerts and monitoring, and their smart appliances that can be controlled through a smartphone app. Additionally, Bosch can highlight how their smart home technology can help users save money by improving energy efficiency and how it can enhance convenience and comfort by automating tasks such as adjusting lighting and setting schedules for various devices. These examples demonstrate how Bosch’s networked technology in smart homes can greatly improve the overall quality of life for consumers.
What specific networked technologies has Bosch developed for smart homes that have proven to make life easier?