Discover the keys to navigate the world of IoT and its transformative potential with Andreas Wolter, vice president of Sales for Europe at Bosch Global Software Technologies. In this interview, Wolter shares his invaluable expertise on the topic.
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Bosch's IoT strategy is built on a solid foundation, the Bosch IoT Suite. Developed with a vision of creating open IoT ecosystems, this suite not only powers Bosch's physical products but also generates recurring revenue through value-added services. Bosch's commitment to open standards and open source technologies has been instrumental in its achievements.
Scaling IoT projects has been a daunting challenge for many, but according to Wolter, it's not just about technology. While technical hurdles can be overcome, it's the experience and skills that truly matter. Many IoT initiatives fail because of underestimating the complexity, lack of in-house expertise or choosing the wrong partners.
With a history of over 250 IoT projects, Bosch Software and Software and Digital Solutions (SDS) combine products, digital engineering capabilities and experience. They offer technical solutions but also support customers in developing and implementing their go-to-market strategies.
Compliance with evolving legal requirements drives the need for efficient global software deployment methods. The concept of the Digital Thread is gaining momentum, aiming for streamlined processes and increased revenue from aftersales services. Furthermore, advancements in artificial intelligence (AI), including generative AI, are set to change predictive maintenance and product development.
Read the full interview for a deeper dive into Bosch's IoT journey and gain insights into the landscape of IoT.
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