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Business year 2016: up-front investments at record level

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Business year 2016: up-front investments at record level

Connectivity via the internet of things (IoT) in particular demands up-front investments of billions of euros. In 2016, Bosch increased its spending on research and development to 7.0 billion euros. Last year, headcount at the 120 R&D locations worldwide grew by 3,000 associates. The international research network of the Bosch corporate sector for Research and Advance Engineering spans 12 locations in 8 countries. In total, Bosch employs 59,000 associates in research and development worldwide.

Reproduction for press purposes free of charge with credit “Picture: Bosch”

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