Prospects for the Bosch Group
Agility as a basis for shaping change
A wealth of opportunities
Many areas of business are set to change radically over the next decade. Shaping change is now one of our strategic focal points.
On the basis of our expertise in many business units, of our software and sensor-technology competence, and of an extended IoT portfolio, we want to develop new products, services, and business models.
As traffic density rises, automated driving can help reduce the number of accidents and minimize traffic jams. In Industrial Technology, increasing connectivity and flexibility of production offer a wealth of opportunities.
Electrification is of particular importance for our biggest business sector, Mobility Solutions. We anticipate that around 20 percent of passenger cars and light trucks produced in 2025 will be hybrid and electric vehicles.
The demand for energy-efficient products in all business sectors is increasing. We aim to boost energy efficiency both in our products and in our own value chain.
Emerging markets will experience higher rates of growth than the advanced economies over the long term. There is demand for affordable products that often have to meet special requirements of the local market.
On the way to becoming an IoT company
Our goal is to become one of the world’s leading IoT companies. We will use connectivity to develop our traditional business and seize new opportunities.
The Bosch Group is divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods and Energy and Building Technology.
Bosch aims to become one of the leading suppliers in the promising areas of electrified, automated, and connected driving. We are also developing integrated mobility services, i.e. involving a combination of different modes of transport.
Industry 4.0 is a subject we are championing throughout the Bosch Group. Our aim is to become a leading user with a focus on reducing costs, increasing quality, boosting flexibility, and meeting delivery commitments at our own plants. At the same time, we want to be a leading supplier to the external market.
As well as connectivity and automation in the home, key trends in consumer goods include urbanization, a growing services market, and developing business in emerging markets.
Energy and Building Technology
We continue to systematically develop this business sector with the goal of becoming a systems supplier and service provider for smart energy and building technology.
Further expansion of our global presence
As well as expanding our manufacturing facilities around the world, we strengthened our global presence in 2016 through a variety of new activities.
Opening up new areas of business
We firmly believe that large companies such as Bosch need to create space for entrepreneurial spirit. In recent years we have succeeded in establishing a start-up culture, particularly with a view to completely new fields of activity. Some examples are presented here.
Strengthening our start-up culture
Internal initiatives and partnerships
Bosch start-up platform
Robert Bosch Start-up GmbH, Stuttgart, plays an important part in strengthening our start-up culture and supporting internal initiatives.
Robert Bosch Venture Capital
Through Robert Bosch Venture Capital (RBVC) and our investment in start-ups, we gain access to disruptive innovations from an early stage.
Our culture of innovation also takes the form of partnerships with start-ups and start-up accelerators, for example in Australia and South East Asia.
Working in the Bosch Group
With the market changing fundamentally, Bosch is increasingly developing into an agile organization in order to stay adaptable. New job profiles are being created and specialist qualifications spanning various domains are growing in importance. Additionally, associates can be flexible in shaping their career paths.