Artificial Intelligence: Invest 300 Million Euros to Build a New Artificial Intelligence Center At the beginning of the 2017 New Year, Bosch's new Artificial Intelligence Center (BCAI) was put into operation. The center aims to increase Bosch's expertise in the field of artificial intelligence. Dr. Dunner said: "With the aid of sensors, Bosch has made objects aware, and now, Bosch is trying to make these objects have the ability to learn and intelligent behavior." Dr. Dunner also responsible for Bosch R & D and forward-looking engineering, he believes: "In the next decade, all Bosch products will be equipped with artificial intelligence technology. Even if these products are not related to artificial intelligence, artificial intelligence will play a vital role in the development and production process." , Products with artificial intelligence technology will account for 10% of the company's total sales. The Bosch AI Center will first employ about 100 experts in the India (Bangalore), United States (Palo Alto) and Germany (Raningen) regions. By 2021, Bosch is expected to invest about 300 million euros in the expansion of the center, while its total number of employees will also grow several times. Smart Digital Assistant: Market Scales to Billions of Euros For Bosch, the next stage of development in networking is the personalization of the Internet of Things. Dr. Dunner pointed out: "Bosch will use artificial intelligence to turn items into smart assistants. The product will become your partner, partner or personal assistant." Tractica, a market research agency, predicts that by 2021, the number of people using digital assistants will be Surging 350%. “The digital assistant is our user-facing port. With the connected products, Bosch can maintain a direct connection with the user. The deeper our understanding of individual users, the more we can provide more personalized services.†Dunner The doctor added. Future Transportation: The Vision of Zero Zero anxiety, zero accidents and zero emissions are Bosch's vision for future traffic. “These three 'zero' visions are also our development goals in the future of transportation,†said Dr. Dunner. Technically, this means automation, electrification and interconnection. He added: "We are actively seizing the changes in the automotive industry. Bosch will become a leading supplier of automotive and intelligent transportation technology and electric traffic." Bosch is studying in-depth how to achieve breakthroughs in battery technology to make large-scale electric drive become feasible. In Feuerbach, Stuttgart, Germany, Bosch has established a battery R&D center that integrates all R&D related to battery cells and battery packs. 300 Bosch employees, together with battery research experts, are committed to making future battery technologies into industrial production. Every year, Bosch invests about 400 million euros in electric traffic. Thanks to its ability to produce and mass-produce a wide range of products such as motors, power electronics and batteries, Bosch has received 30 orders. “Bosch has all the important components needed for electric drives. We are active in all major markets. Our customers are traditional car manufacturers and there are also emerging market players. Even now, Bosch is still optimistic about electric Traffic market," said Dr. Dunnell. In the future, Bosch will further invest in improving the performance of traditional internal combustion engines. By using artificial fuels or synthetic fuels, internal combustion engines can further achieve energy conservation and emission reductions. "Up to 2025, more than 80% of new cars will still use internal combustion engines, but even these internal combustion engines can greatly reduce global warming," said Dr. Dunner. 2016 Development of Business Units The exchange rate has a negative impact on the sales of each division. "After adjusting for the impact of exchange rates, all business divisions except the Industrial Technology Business Unit achieved sales growth, and some business units have seen significant growth," said Dr. Asenkerschbaumer. The automotive and intelligent transportation technology business unit grew by 5.5% in 2016, far exceeding the global automobile output. After adjusting for exchange rate effects, the growth rate reached 7%. According to preliminary data, its total sales in 2016 amounted to 44 billion euros. The gasoline injection system business sold a total of 250 million high-pressure injectors and set a new record. Driver assistance systems and infotainment systems have also achieved great success. In 2016, sales of consumer products increased by 2.8% to 17.7 billion euros, and the growth rate after the exchange rate adjustment was 6.2%. In 2016, electric tools and Bo Xi home appliances once again brought a series of interconnected products. Sales of the energy and construction technology business increased by 0.8% in 2016 (3.2% after the exchange rate adjustment), reaching 5.2 billion euros. Thanks to services such as smart heating systems, video surveillance technology, interconnected solutions and eCall emergency calls, sales in the heat, security and service solutions sectors have increased significantly. According to preliminary data, sales of industrial technology business decreased by 5.1% year-on-year to 6.3 billion euros. After adjusting for exchange rate effects, the rate of decline was 4.5%. The development of the transmission and control technology sector in China, Russia, Brazil and other countries still faces difficulties. The business of the packaging technology sector was basically the same as 2015. Regional Business Performance in 2016 Preliminary data shows that in 2016 Bosch Group achieved very positive business development in the European region. In this area, Bosch’s sales increased by 3.4% (4.8% after adjusting for exchange rates) to 38.6 billion Euros. In the Asia-Pacific region including Africa, Bosch’s sales reached 20.8 billion euros, an increase of 12% after adjusting for exchange rate effects, and an increase of 8.1% in nominal terms. Talent recruitment in Asia Pacific, Central and Eastern Europe and Germany As of December 31, 2016, Bosch had approximately 390,000 employees worldwide. The total number of employees rose by approximately 15,000 in 2016. New employees are mainly concentrated in the Asia Pacific region, Central and Eastern Europe. In Germany, the total number of employees has grown by 2,100. Outlook 2017 - More robust growth and stronger market volatility Bosch expects that the global economy will show modest growth at a rate of 2.3% in 2017, due to the economic risks brought about by the political situation in the United States and Europe. In 2017, Bosch hopes to maintain its growth momentum and achieve faster than average market growth in multiple markets. Bosch will further enhance the competitiveness and profitability of all business units. Multi Energy Absorption Chiller If you want to know more about the products, please click the product details to view parameters, models, pictures, prices and other information. 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Bosch Group's 2016 sales reached 731 euros
Stuttgart, Germany – According to preliminary financial report data, Bosch Group's 2016 sales increased by 3.5% to 73.1 billion euros, achieving continuous growth. After adjusting the exchange rate effect, total sales increased by 5.4%, of which the exchange rate affected about 1.3 billion euros. “Despite all the unfavorable factors, we still achieved our 2016 growth forecast,†said Dr. Volkermar Dunner, Chairman of Bosch Group's Board of Directors. “The Bosch Group is experiencing an unprecedented fundamental transformation. , market or technical level, Bosch are taking the initiative to grasp the situation and actively lead the change." In the two major areas of electric traffic and interconnection, Bosch's early investment reached billions of euros. In 2016, the company's total R&D investment increased to 6.6 billion euros. Dr. Stefan Asenkerschbaumer, Chief Financial Officer and Vice Chairman of the Board of the Bosch Group stated: “The results we have achieved today will provide financial guarantees for tomorrow’s success.†In 2016, the Bosch Group’s profit before interest and taxes reached EUR 4.3 billion. Bosch is committed to becoming a leading supplier of Internet of Things and knows the enormous commercial potential of the smart digital assistant industry. “The Internet of Things is becoming increasingly personalized. With the help of artificial intelligence, we are also making personalization the mainstream of Internet technology,†said Dr. Dunner. To this end, Bosch invested 300 million euros in new artificial intelligence centers to further improve its technical strength in the field of Internet of Things.