13 September 2012

Bosch Group Opens IoTS Lab in St. Gallen, Switzerland

St. Gallen/Waiblingen - 13 September 2012 - The Bosch Group and the University of St. Gallen (HSG) have officially put the innovation lab “Bosch internet of things & services lab – a cooperation of HSG and Bosch” into operation in the presence of Benedikt Würth, Minister for Economic Affairs of the Canton of St. Gallen. The think tank’s mission is to find and test out business models for the internet of things & services (IoTS). In addition, researchers will be working to develop internet-based products and services. There are currently five graduate students working under the direction of Dr. Markus Weinberger at the innovation lab’s research facility on the campus of the university. By 2013 there will be ten HSG and Bosch employees working at the facility. “The internet of things & services will revolutionize great swaths of the economy over the coming years. We see big growth potential for Bosch in this revolution, and we want the innovative work carried out in St. Gallen to help us crack open this potential,” said Dr. Siegfried Dais, deputy chairman of the Bosch board of management.

This initiative by the global giant Bosch validates our strategy of positioning St. Gallen internationally as a center of technology and learning. I’m delighted that Bosch has chosen St. Gallen as the location for this lab,” emphasized Minister for Economic Affairs Würth. “The foundation of the Bosch innovation lab is an important milestone for HSG,” explained Prof. Dr. Thomas Bieger, President of the University of St. Gallen. “The lab’s innovative format underscores the practice and technology orientation of our university.” Prof. Dr. Elgar Fleisch, the scientific head of the Bosch IoTS lab and director of the Institute for Technology Management (ITEM-HSG), said: “For more than ten years we’ve been dealing with the fusion of the digital and real world. The collaboration with Bosch enables and commits us to strive for an even more creative and yet responsible approach to new information technologies for the benefit of economy and society.”

The first major areas of research include networked mobility and the smart networking of buildings. Bosch Software Innovations GmbH, the Bosch Group’s software and systems unit, will provide operational support to the think tank, allowing the researchers to draw on this reservoir of expertise. Bosch Software Innovations already uses a software platform as infrastructure for electric vehicles in Singapore, and it is expanding the platform in stages. One way in which this internet-based eMobility solution helps drivers is by enabling them to find a vacant parking space with a charge spot – a particularly useful tool in megacities.

Bosch has had a presence in Switzerland since 1920, through companies such as Robert Bosch AG, Scintilla AG, Bosch Rexroth Schweiz AG, Buderus Heiztechnik AG, Bosch Packaging Systems AG, and sia Abrasives Industries AG. Bosch Group companies in Switzerland employ around 3,400 people and generated sales of around 1.4 billion Swiss francs (1.2 billion euros) in 2011.

Bosch Software Innovations GmbH, the software and systems house of the Bosch Group, globally designs, develops and operates innovative software and system solutions for the Internet of Things and Services. With about 450 employees currently, Bosch Software Innovations is globally represented with locations in Immenstaad, Waiblingen and Berlin, Germany; Chicago, USA; and Singapore. 

The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, more than 300,000 associates generated sales of 51.5 billion euros in fiscal 2011. The Bosch Group comprises Robert Bosch GmbH and its roughly 350 subsidiaries and regional companies in some 60 countries. 

Source: Bosch Group