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High tech #LikeABosch – how we’re delivering better quality of life with connect ...

04.01.2022

Presentations

Business/economy

High tech #LikeABosch – how we’re delivering better quality of life with connect ...

Dr. Tanja Rückert, chief digital officer of Robert Bosch GmbH, and Mike Mansuetti, president of Bosch in North America, at the Consumer Electronics Show on January 4, 2022 Check against delivery. Good morning everyone, and welcome to the Bosch press conference! We’re delighted to have you with us digitally today. Although we regret that the pandemic has once again prevented us from meeting face to face, of course everyone’s health has top priority. The good news is that we can safely come together in a virtual manner, all thanks to technology. And that fits in perfectly with what we want to talk to you about today. Specifically, we want to talk about the benefits and opportunities offered by technology, and the positive impact it can have. Technology for a better world – today and tomorrow You’ve just seen the premiere of the latest installment of our #LikeABosch” campaign: “high tech #LikeABosch.” “High tech” may be a familiar term here at CES, but we at Bosch have a slightly different take on things. Today, we want to tell you about how our approach to high tech is not just about pushing the envelope on what’s possible. Instead, it’s about using cutting-edge technology as a means to improve people’s lives wherever they are: at home, at work, on the road, in a hospital, or even in orbit! As a company committed to delivering life-enhancing innovations, we center our development around people. But especially at a time of such profound technological change, it’s not enough for companies to assume we have all the answers. To truly give people what they need and want, we have to understand what these are – and what hesitations and concerns are attached to them. And so we did exactly this: we conducted a comprehensive international survey to gauge opinions on a wide range of technology-related topics. We asked a representative sample of people in five countries – China, Germany, India, the U.K., and the U.S. – to tell us how technological progress looks from their point of view, what they want most from technology, and where they see both the most promise and the most risk. The inaugural Bosch Tech Compass is having its global debut right here at CES. Over the course of our press conference we’ll be sharing with you some of our most interesting and relevant findings. To start with, let’s look at what for us is perhaps the most significant finding of all. As the survey showed, confidence in technology and enthusiasm about its impact are high across the globe. A full 72 percent of respondents worldwide believe that technology is making the world a better place. Above all, they believe technology is bringing them increased comfort and safety, and that it’s making work easier. And they’re optimistic about its potential, too: most significantly, 76 percent of people globally are convinced that technology holds the key to combating climate change. At Bosch, we agree wholeheartedly. After all, we’re also firmly convinced that technology has the potential to make all our lives better – that’s why “Invented for life” is not just our claim, it’s our strategic imperative. We only need to look at our portfolio for proof: think of beneficial and even lifesaving innovations such as our vehicle electronic stability program ESP, airbag control units, our digital guardian angel Help Connect, or the rapid coronavirus PCR test we developed for our Vivalytic device last year. When it comes to climate change, we at Bosch take the fight against it very seriously: we were the first global industrial enterprise to achieve carbon neutrality at all our international locations. We’re working now on reducing emissions generated along our supply chains and during the lifecycle of our products by 15 percent by 2030. In terms of volume, this is 67 million metric tons, a figure roughly twenty times greater than what our locations emitted in our baseline year of 2018. We’re also sharing our experiences and supporting other companies’ carbon neutrality efforts via our consulting company Bosch Climate Solutions. We’re driving sustainability with our products as well, enabling those who use them to reduce their carbon footprint. For example, our U.S.-based building technology subsidiary Climatec won a 35 million-dollar contract from the City of Ontario in California to boost its energy efficiency, safety, and connectivity. Within the framework of the “Smart Ontario” project, we’ll be retrofitting the city’s infrastructure with smart, connected solutions such as building automation and LED streetlights that should reduce local greenhouse gas emissions by over 10,000 tons annually. And to pursue our longstanding vision of climate-friendly mobility, we supply a full range of components and systems solutions for electromobility – in fact, no other company offers as wide a range as Bosch: from battery-electric powertrains to regenerative braking systems to fuel cells, powering everything from e-bikes to commercial vehicles. Speaking of e-bikes, they’re at the intersection of two major drivers for our business: electrification and connectivity. It wasn’t too long ago that an e-bike was a niche product. Now it has become one of the most popular forms of personal transport worldwide. But what does connectivity have to do with an e-bike? It’s the basis for a personalized e-bike experience like never before. This is exactly what our new system generation – called the eBike Smart System – offers its users. This innovation, which is a 2022 CES ® Innovation Award Honoree, was first introduced late last year and will be available for a mass audience to see and demo for the first time in the U.S. here at CES. With this entirely new system consisting of our eBike Flow app, control unit, display, battery, and drive unit, we’re merging the physical experience of riding an e-bike with digital conveniences like connectivity, personalization, and services. For example, in the future, your e-bike will be able to adapt to your riding style, suggest routes you enjoy, and guide you safely to your destination while learning your preferences and interests. Thanks to connectivity, the bike is not a static product, but one that can continually evolve after purchase. The experience can be constantly enriched with new digital experiences thanks to over-the-air updates. This is just one example of how connectivity is at the heart of all our products. In fact, we’re delighted to announce that we reached an important goal set several years ago: 100 percent of all our electronic product classes are now web-enabled. This means that for nearly everything we produce, we can now realize functions such as wireless updates and web-based services. Just think of the beneficial services we’ve already realized by putting cars online: our emergency notification service eCall, for instance, or our wrong-way driver warning. Bosch is an IoT and software company This milestone is a key proof point for how Bosch has evolved into a software and IoT company. We currently employ approximately 35,000 software developers. Overall, our annual investments in building up software competence amount to more than four and a half billion dollars. This means that we understand both sides of the coin better than most other companies – particularly when it comes to connecting things to the internet. Just let me give you an idea of what we’ve achieved recently in two of our key domains: home and mobility. When it comes to technology for the home, Bosch sold 4 million web-enabled power tools, home appliances, and heating systems in 2020; in 2021 this number increased to over 6 million – which is 50 percent growth! In the mobility sector as well, software is paramount – cars are becoming internet nodes. This has been a Bosch vision for quite a while, and we’re ideally positioned to play a major role in creating the software-defined car. In our Mobility Solutions business sector, we’re investing nearly three and a half billion dollars annually in building up our software competence in this domain. At the beginning of last year, our new Cross-Domain Computing Solutions division started operations, bringing together hardware and software development for new automotive electronics architectures. This year we’re taking the additional step of pooling our work on application-independent vehicle software for cars and the cloud at our subsidiary ETAS GmbH. This means that we’ll be able to provide solutions to manufacturers and other suppliers more quickly, securely, and efficiently in the future. In addition to optimizing our organization and building up our expertise, we’re engaging in partnerships to propel our technology leadership in the mobility sector forward. For example, together with Microsoft we’re strengthening our position in software development for all domains – from the car to the cloud. It’s also enabling us to speed up feature development to bring new software functions to vehicles faster. In this collaboration we’re making great progress toward developing an open technology platform that will enable the acceleration of automotive development cycles. Last but not least, increasing demand for software comes along with an increasing need for software integration. Here, given our domain knowledge, Bosch is at home and can provide the necessary integration know-how. Take automated driving, for example. An automated vehicle must be able to do everything a human driver can do: perceive its surrounding, make decisions, and accelerate, brake, and steer. Bosch has all the different building blocks for automated driving in our portfolio and, step by step, we’re laying the technical groundwork. With our driver assistance systems, we’re already paving the way for all levels of automation. And this is paying off: to give you an example, over the past five years, Bosch made more than 10 billion dollars in sales with driver assistance systems. From components to systems, and from software to services – when it comes to tomorrow’s mobility, all roads lead to Bosch. To give you a sense of the range of technologies we offer, and how they’ll be seamlessly integrated in future vehicles, we are showing a glimpse in our booth of how software, personalization, automation, connectivity, and electrification will unlock infinite possibilities to shape the way we get from points A to B in the future. Bosch on its way to becoming a leading data-driven AI company Speaking of the future, when asked what they think the most influential technology will be in ten years, Bosch Tech Compass respondents across the globe agreed that it will be AI and 5G. At Bosch, we’ve made AI a major strategic focus. We want to use connectivity and data collected over the IoT combined with artificial intelligence – AIoT for short – to continuously improve our products and services. A milestone on our path to become a leading data-driven AI company was the establishment of the Bosch Center for Artificial Intelligence in 2017. The BCAI currently operates at 7 locations in the U.S., Germany, India, Israel, and China. So far it has worked on more than 200 projects in the mobility, manufacturing, agriculture, and smart-home domains, and has already contributed nearly 350 million dollars to our global result. In systematically building up our expertise in AI, we’re also working toward a concrete goal: by 2025, every Bosch product will either be equipped with AI or manufactured with its help. One new product featuring AI that we’re showcasing here is our latest Home Connect fridge, which can identify its contents and suggest recipes based on what’s inside – which might not only get you out of a dinnertime rut, but can also help you use up what might otherwise go to waste. Another very special example which demonstrates how we continue to develop solutions for maximum benefit is our SoundSee technology. This acoustic technology had its debut aboard the International Space Station, where it uses AI to help monitor the health of critical systems on the ISS, such as the space station’s environmental control and life-support systems. And today we’re announcing for the first time a new use case for audio AI based on the same technology currently aboard the ISS. Together with Highmark Health in Pittsburgh, Pennsylvania, we’re exploring the use of audio AI as a diagnostic tool in pediatric medicine. Specifically, we’re working on adapting these experimental sensors to detect pulmonary conditions such as asthma at an early age, just by listening to children’s breathing patterns. Our hypothesis is that each child has a sort of audio fingerprint, and that the use of audio AI can be used to learn a child’s normal pulmonary sounds. Should something change, then the idea is that the AI will pick this up, which will potentially lead to early therapy and better outcomes. Ideally this technology will enable us to monitor kids in a non-invasive manner and alert the parents at a far earlier stage when there is a variation from the child’s baseline. Ultimately, we see the combination of AI and the IoT as holding the key to leveraging the most user benefit from both of these technologies. Think of it as a continuous improvement loop. Connected products transmit data, which is then processed with the help of AI algorithms. Optimizations are identified, then fed back to the products in the form of software updates, and the cycle starts again. In effect, this allows customers to be an integral part of the development process, and for solutions to be tailored precisely to their needs. The result is better solutions for our customers – as well as new revenue streams for us, since it will enable us to turn the sale of every digital product into services-based revenue as well. Trust and responsibility are decisive for success Like the Bosch Tech Compass respondents, we also believe that the impact of artificial intelligence and next-generation connectivity will be huge. In order to realize the full potential of these new technologies, however, they must gain widespread acceptance. For this, we must not only make the benefits comprehensible for people, we need to build trust in the technology and in the companies that create it. In fact, the same is true of all new digital technologies: trust must be established, not taken for granted. Going back to the results of the survey, this was one of the strongest points of agreement among all the respondents. Four out of five people across the globe believe that a company’s success will ultimately depend on its ability to build digital trust with its customers. To gain trust, of course, companies must act responsibly: in dealing with sensitive data, in balancing economic and ecological considerations, and in leveraging innovation for the common good. Respondents to our survey agree on this as well: a whopping 83 percent of respondents think that technological progress should be more focused on confronting society’s challenges rather than on serving individual needs. Above all, what emerges from the Bosch Tech Compass is that people are more aware than ever of both the potential and the pitfalls offered by technology, and that they want those who create it as well as those who legislate its use – in other words, companies and policymakers – to take responsibility for steering its development in the right direction. At Bosch, we’ve always prioritized trust and responsibility in our pursuit of technological advancement. This was true for the analog world, and it’s even more true for the digital world, where trust is in short supply. Above all, we want to lead by example when it comes to using innovation as a force for good, not just for profit. That’s why we’ve published an AI code of ethics for our own developers, and why we’re explicitly and exclusively committed to AI that is safe, robust, and explainable. It’s also why we are the driving force behind the Digital Trust Forum, a global consortium of representatives from different stakeholder groups whose aim is to foster a high level of trust in AI and IoT-based solutions. In particular, we’re working with our partners to develop trust policy frameworks and eventual certification and conformity labels. The plan is that products that meet certain criteria will bear a Digital Trust seal – along the lines of the energy-efficiency labels you see on home appliances, for instance. Of course, trust and acceptance also depend on people seeing the concrete benefits a new technology can deliver. Here I’d like to highlight a Bosch innovation that again demonstrates the incredible potential of AI. It’s a gas sensor – the first one on the market equipped with artificial intelligence – and it’s being used in a truly revolutionary new product. Dryad’s Silvanet Wildfire Sensor is a pioneering new solution for ultra-early wildfire detection, and our gas sensor is its digital nose. Apart from the unfathomable devastation wildfires cause, did you know that they account for up to 20 percent of annual global carbon emissions? That’s as much as the entire transportation sector combined – in other words all the cars, ships, and planes on the planet. Dryad’s sensors are mounted on trees, where they continuously monitor the local microclimate in order to detect flames early – and wirelessly notify local authorities long before camera or satellite-based systems can. These sensors are going to help save lives, homes, and tons of CO 2 from entering the atmosphere – all thanks to AI and connectivity. Solutions for a better world At Bosch, our aim is and always has been to improve people’s daily lives with our products and solutions. The Bosch Tech Compass respondents are optimistic about the beneficial potential of technology, and so are we: that’s why we continue to work on cutting-edge innovations that are designed to make life better for everyone across the globe. This is light years beyond high tech, it’s “high tech #LikeABosch”! Thank you.

Emissions-free mobility is coming – provided the solutions are affordable and fa ...

10.09.2019

Presentations

Business/economy

Emissions-free mobility is coming – provided the solutions are affordable and fa ...

Dr. Volkmar Denner chairman of the Bosch board of management, at the IAA press conference in Frankfurt on September 10, 2019 Check against delivery.This year’s IAA, ladies and gentlemen, is a catalyst – energizing not only the automotive industry and its customers, but also kindling debate and demonstrations. And more than ever, society is faced with critical questions: What could eco-friendly mobility look like? How can the technological progress we need be achieved economically? And how, finally, can we handle the social consequences of climate-friendly transport policy? We will have to find a new position that harmonizes the interests of ecology, economy, and society. There are no simple solutions, and no one person exclusively holds the key. We will have to hammer out a solution in an open debate. We’re here at a motor show, yet questions such as these are just as much on people’s minds as the latest models on four wheels. Our response to them has two parts. First, we want mobility that helps keep our planet healthy and the air in our cities clean. Bosch will be the first industrial enterprise to make all its locations worldwide carbon neutral within one year. And we’re applying the same determination to deliver efficient powertrains, from combustion engines to fuel cells. Second, what is ecologically correct must not be socially and economically incorrect. Emissions-free mobility is possible – if it remains affordable for people and its benefits capture their imagination. Only in this way can we make it a market success. That said, for some time now we’ve regarded mobility as much more than people driving their own cars. As we see it, tomorrow’s mobility will not only be electrified and automated, but also connected and personalized. And it is above all this personalized form that will be about much more than driving. For us, it means services that find the best way for each individual to get to their destination, whether on two or four wheels, by road or by rail. Supporting multimodal mobility is also a response to the critical issues surrounding road traffic. Key to the future: three billion euros annually for software But first, we’re developing the technological foundations for the mobility of the future. Our open sesame for all this is our profound expertise in electronics and software. Even now, our Mobility Solutions business sector employs some 14,000 software developers, and its annual software engineering expenditure comes to nearly 3 billion euros. The upshot is significantly more powerful vehicle electronics and software architecture, which is important for connected driving as well as automated and electrified driving. Computing power will increase by a factor of at least 1,000 at the start of the next decade. What we will be seeing is high-performance vehicle control units of the kind Bosch is already creating for the integration of infotainment systems and driver assistance functions. With computers such as these, vehicles will increasingly act as players on the internet of things. Growth at last: electromobility is turning the corner But how will they drive on tomorrow’s roads? We foresee a gradual transformation of the automotive powertrain. First of all, there’s still some mileage left in the combustion engine. In 2030, three-quarters of all new vehicles will feature a diesel or gasoline engine, whether with or without a hybrid option. For this reason alone, further refining these engines is environmentally expedient. Thanks to Bosch’s new exhaust technology, diesel engines’ NOx emissions have been almost completely eliminated, as independent tests have already shown. Our solution is already in production, and features in a number of vehicles being presented at this show. Our next goal is the reduction of particulates from gasoline engines. More specifically, this means 70 percent less particulate matter than permitted by the current Euro 6d standard – both on the road and at the test bench. But that’s not all. We can also reduce brake dust by more than 90 percent, whether with regenerative braking systems or with our iDisc brake disc. We are coming ever closer to our goal of road traffic that no longer pollutes the air in our cities. The electromobility market is also gaining speed at last. It is becoming ever more obvious that the electrical powertrain will be Bosch’s next success story. Both technologically and commercially, we lead the way. We lead the way in the efficiency of our components, and have a broader footprint than other suppliers – from bikes to trucks. And growth is on its way. In 2018, we acquired orders for 30 electromobility projects worth 8 billion euros, and the first half of 2019 has already seen a series of further orders worth 5 billion euros. The total value of the electromobility orders we have won in the last 18 months thus amounts to 13 billion euros. As early as 2020, our sales in this area will pass the one-billion-euro mark. For 2025, we have set ourselves a sales target of 5 billion euros – a target which we will surpass. Our products are finding a market, and our upfront investments are paying off. At the same time, we are commercializing the fuel-cell powertrain. To achieve this, we are preparing to manufacture a Bosch stack. More specifically, we are further refining the stack made by our partner Powercell, which already offers the highest power density in the market. The task now is to manufacture it cost-effectively. We will do this not only through economies of scale, but also through simultaneous engineering of the product and the manufacturing process. This is one of Bosch’s strengths. And one of the ways we will exploit this strength is by deploying engineers experienced in mass-production diesel projects to work on this new technology. We made common rail affordable, and we will do the same for alternative powertrains such as the fuel cell. It starts with parking: automated driving becomes everyday reality We’re also in the lead on the path to automated driving. In this endeavor, we will generate 12 percent growth with driver assistance systems this year, with sales rising to 2 billion euros. Sales of radar sensors alone will grow 20 percent in 2019, and those of video sensors by 30 percent. For the next levels of automated driving, we will invest 4 billion euros up to 2022. The next step is freeway assistants that allow drivers to take their hands off the wheel. We are currently developing such level 2 hands-off systems for the Asian and U.S. markets. At present, it is only there that such systems are legally permissible. We need them to be approved for exactly the same purpose in Europe, so that the next stage of automation can also happen on our roads. After all, we were given approval for the world’s first driverless parking system right here in Germany – for our joint project with Daimler in Stuttgart’s Mercedes-Benz Museum. The project is no longer a prototype, but is going into regular operation. I’ve brought along a film clip to show you how the automated valeting and parking service works. And of course, that’s not the end of the story. Here as well, we will work on costs. One way of doing so is by deploying the video cameras we use in our building technology. By the end of 2021, we will have set up automated valet parking in a dozen further parking garages, and by 2025, we aim to have it available at over one hundred more. But with this first approval, we can say that everyday automated driving starts with parking. Equipped for disruptive trends: projects with new market players Technologically, we are the innovation leader – but how do we foresee new business ideas in our rapidly changing industry? Bosch is deliberately entering into business with new market players that may also be antennae for disruptive trends. For example, we’re working with DiDi, Lyft, and Uber – the three biggest ride-hailing providers, who already arrange more than 50 million rides a day in total worldwide. For DiDi, we are using a cloud service to prolong batteries’ service lives. To give you an idea of the new approaches we’re taking in our collaboration with new providers, as well as of the visions we have for web-based mobility, I’ll now hand over to Stefan Hartung.