Stuttgart, Germany – Robert Bosch Venture Capital GmbH (Bosch Ventures), the corporate venture capital company of the Bosch Group, has completed an investment in talpasolutions GmbH. talpasolutions, a leading provider of advanced analytics and intelligence solutions, offers a cloud-based software-as-a-Service (SaaS) platform for performance monitoring and optimization of equipment for fleet operators and manufacturers in mining, construction and logistics. Sebastian Kowitz, CEO and co-founder says “We supercharge the digitalization of processes in industries that have traditionally been conservative. Since the foundation of the company, we have been using our deep know-how in data science and mining engineering to create an ecosystem that brings all stakeholders to the table: fleet operators, machine and component manufacturers. For example, we are trusting Bosch Rexroth’s BODAS Connect solution to connect the equipment to the cloud.” talpasolutions is well positioned in the global multi-billion US dollar market. “The wave of connectivity and advanced analytics for heavy equipment is yet to come and talpasolutions complements the existing and established activities of Bosch” says Bosch Ventures managing director Dr. Ingo Ramesohl. “With its advanced analytics platform, talpasolutions platform helps customers not only to monitor their fleet, but more importantly save costs and lift efficiencies to a new level. The cooperation with Bosch Rexroth even accelerates this.”
Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and future relevance for Bosch, above all, automation and electrification, energy efficiency, enabling technologies, and healthcare systems. RBVC also invests in services and business models that are relevant to the above-mentioned areas of business. Furthermore, RBVC enables co-innovation between Bosch and startup through the Open Bosch Program.
Additional information is available at www.rbvc.com
About talpasolutions
talpasolutions’ mission is to empower its clients with AI-driven solutions to improve their bottom line and help them achieve their goals by providing state-of-the-art tools for fleet optimization and aftersales management. The company’s predictive data platform includes real-time analytics and advanced algorithms to automate workflows and streamline communication between fleet managers, operators of equipment, and dispatchers. talpasolutions' AI technology enables predictive maintenance and operations optimization in fleet-intensive industries, ensuring that equipment is always in optimal condition and fleet operations work at the highest level possible.
The Bosch Group is a leading global supplier of technology and services. It employs roughly 421,000 associates worldwide (as of December 31, 2022). The company generated sales of 88.2 billion euros in 2022. Its operations are divided into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 470 subsidiary and regional companies in over 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 136 locations across the globe, Bosch employs some 85,500 associates in research and development, of which nearly 44,000 are software engineers.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, www.twitter.com/BoschPress.