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By combining artificial intelligence (AI) and the Internet of Things (IoT), Bosch wants to carve out a position in a market worth billions. With innovative AIoT solutions, the company will create additional benefit for customers by lowering energy costs and increasing comfort and safety. Bosch has already sold some ten million connectivity-enabled power tools, home appliances, and heating systems, and the number of active users is growing. Already, more than 90 percent of all Bosch electronic products feature connectivity. To build on its expertise in the field of artificial intelligence, the company founded the Bosch Center for Artificial Intelligence, or BCAI, in early 2017 – and now considers itself to be in a strong position: just three years after it was set up, the initial investment had paid off; BCAI’s contribution to result is now around 300 million euros. BCAI currently employs a total of some 270 AI specialists working on more than 180 projects in the domains of mobility, manufacturing, smart homes, and agriculture.
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