Bosch's Industry 4.0 Sales Reach €4 Billion

Bosch's Industry 4.0 Sales Reach €4 Billion
Bosch

Industry 4.0 began at Hannover Messe in 2011 as a “pioneering German project“ and has now gained global traction. The aim is for connected manufacturing to optimize itself automatically, making it economical to produce customized products in batch sizes even as small as one.

Since 2012, Bosch has been systematically leading factories - both its own and those of its customers into this new industrial age. This commitment is paying off: over the past ten years, the company has generated more than four billion euros in sales with Industry 4.0. In 2020 alone, Bosch generated sales of more than 700 million euros with connected manufacturing solutions.

“We recognized the potential of Industry 4.0 early on and are pioneers in this field. Now we’re reaping the rewards,“ says Rolf Najork, the member of the Bosch board of management, responsible for industrial technology. The use of Industry 4.0 in the company’s own plants is also paying off. Bosch is combining intelligent software for production control, monitoring, and logistics planning into a manufacturing platform of its own. This connects to a larger database that simplifies and improves tasks such as AI analyses for fault detection.

The roll-out of the new Bosch manufacturing and logistics platform will start at the end of 2021. “We offer our roughly 240 plants a standardized ‘Industry 4.0 toolbox,’ which can be expanded and deployed as needed,“ Najork says. Bosch believes this will save it almost one billion euros over the next five years, following an investment of around 400 million euros. At the digital Hannover Messe (April 12 -16, 2021), Bosch will chart the development of “ten years of Industry 4.0“ and showcase the factory of the future.