Software at the heart of the goal – Robert Bosch Engineering and Business Solutions renamed Bosch Global Software Technologies
• RBEI now Bosch Global Software Technologies (BGSW) to hire over 5,500 engineers with a focus on niche skills such as AI, ML, cybersecurity, blockchain and other new technology skills era in the automotive, IT and digital fields.
• The company will invest significantly to create innovation platforms and promote R&D in new era technologies.
• Expansion projects to set up centers in Hyderabad and Pune (India), Hanoi (Vietnam).
Robert Bosch Engineering and Business Solutions Private Limited (RBEI) announces the change of company name to Bosch Global Software Technologies Private Limited (BGSW). The new name comes into effect on January 3, 2022.
The change will be one of the most significant that RBEI will undertake since its inception 25 years ago. Company restructuring began in the second quarter of 2020, as part of the company’s efforts to accelerate its business strategy, anticipate future demand and adapt to market changes.
RBEI is the largest software and technology center for Bosch outside of Germany with a delivery and sales network in several global locations such as Mexico, Vietnam, North America, Japan, Germany, the Middle East and India. Along with the strategic name change comes an improvement in the company’s capabilities, skills, business models and work commitments to evolve and continue to play a leading role in software and product engineering at Bosch.
The development highlights the nature of the company’s work in the field of software technology. As a global software hub, BGSW reaches out to customers and partners from all geographies and industries on their digitization journey. The name change complements the company’s recruiting strategy to recruit top talent from leading universities in AI, ML, cybersecurity, computer vision and other business technologies. the new era. With this in mind, the company is looking to hire more than 5,500 engineers in 2022. The company is also expanding to new locations with a new center slated to open in Hyderabad, Pune in India and Hanoi in Vietnam later in the year. year.
The company seeks to strengthen its orientation towards innovation and its R&D capabilities. Ongoing initiatives and investments are made in various technologies in the fields of connected products, connected industry, mobility and connected businesses. The recently inaugurated state-of-the-art Hacker’s Garage, Garage IoT and an internal “innovation” fund are introduced to promote an environment where promising ideas can be nurtured and incubated. These centers will also be a collaborative ecosystem for startups, external companies and universities to participate in an environment of co-creation and co-innovation.
Regarding the name change, Dattatri Salagame, CEO, President and CEO of Bosch Global Software Technologies, said, “We have been a software company since inception and this name change is a strong commitment to strengthen our premier software engineering. order. to lead in this #techade. Today’s Digital Natives consume an experience and the software differentiates that experience. At Bosch Global Software Technologies, we want to provide an environment for creation, innovation and experimentation to solve important customer problems using technology and earn more for Bosch. For that, calling on the best talent in software will constitute our competitive advantage. The company’s name change is in line with efforts to improve software-driven technology expertise. Speaking about the software capabilities of BGSW, Sriram TV, Vice President, Human Resources, said: “To create best-in-class software products and solutions, it is essential to have the best talent. We are stepping up our focus on industry-university collaborations, start-ups and partners to create more opportunities for co-innovating and co-engineering. ” With more than 23,000 associates around the world, Bosch Global Software Technologies is a concentrate of software-driven technology. This name change from Robert Bosch Engineering and Business Solutions to Bosch Global Software Technologies resonates with its commitment to providing world-class solutions to accelerate digitization for its customers and partners.
About BGSW Bosch Global Software Technologies PVT LTD. is a wholly-owned subsidiary of Robert Bosch GmbH, one of the world’s leading providers of technology and services, providing end-to-end engineering, IT and business solutions. With over 23,000 associates, it is Bosch’s largest software development center outside of Germany indicating that it is Bosch’s technological powerhouse in India with a global footprint and a presence in the United States, Europe and the Asia-Pacific region. With our unique ability to deliver end-to-end solutions that connect sensors, software and services, we enable businesses to go from traditional to digital or improve businesses by introducing a digital element into their products and processes. .
About Bosch in India In India, Bosch is a leading technology and service provider in the areas of mobility solutions, industrial technologies, consumer goods, and energy and building technologies. Additionally, Bosch has the largest development center outside of Germany in India for end-to-end engineering and technology solutions. The Bosch group operates in India through twelve companies: Bosch Limited – the flagship company of the Bosch group in India – Bosch Chassis Systems India Private Limited, Bosch Rexroth (India) Private Limited, Robert Bosch Engineering and Business Solutions Private Limited, Bosch Automotive Electronics India Private Limited, Bosch Electrical Drives India Private Limited, BSH Home Appliances Private Limited, ETAS Automotive India Private Limited, Robert Bosch Automotive Steering Private Limited, Automobility Services and Solutions Private Limited, Newtech Filter India Private Limited and Mivin Engg.
Private technologies with limited liability. In India, Bosch established its manufacturing operations in 1951, which has grown over the years to include 16 manufacturing sites and seven development and application centers. The Bosch Group in India employs more than 31,500 people and generated a consolidated turnover of approximately 19,996 crore (2.54 billion euros) in fiscal year 2020 of which ₨. 14,011 crores * (1.78 billion euros) come from consolidated sales to third parties. The Bosch group in India has nearly 15,650 employees in research and development. Further information is available at www.bosch.in.
The Bosch Group is one of the world’s leading providers of technology and services. It employs around 395,000 people worldwide (as of December 31, 2020). The company achieved a turnover of 71.5 billion euros in 2020. Its activities are divided into four business segments: Mobility solutions, Industrial technology, Consumer goods and Energy and energy technology. building. As a leading supplier of IoT, Bosch offers innovative solutions for smart homes, industry 4.0 and connected mobility. Bosch pursues a vision of sustainable, safe and exciting mobility. It uses its expertise in sensor technology, software and services, as well as its IoT cloud, to offer its customers connected and cross-domain solutions from a single source.
The Bosch Group’s strategic goal is to make connected life easier with products and solutions that contain artificial intelligence (AI) or that have been developed or manufactured with its help. Bosch is improving the quality of life around the world with innovative products and services that inspire enthusiasm. In short, Bosch is creating technology “invented for life”. The Bosch group comprises Robert Bosch GmbH and its approximately 440 subsidiaries and regional companies in around 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering and sales network covers nearly every country in the world. With more than 400 sites worldwide, the Bosch group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 129 sites around the world, Bosch employs around 73,000 research and development people, including nearly 34,000 software engineers.
The company was founded in Stuttgart in 1886 by Robert Bosch (1861-1942) as a “Workshop for Precision Mechanics and Electrical Engineering”. The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, allowing the company to plan for the long term and to undertake large initial investments to protect its future. Ninety-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The remaining shares are held by Robert Bosch GmbH and a company owned by the Bosch family. The majority of the voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. Entrepreneurial property functions are performed by the trust.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, https://twitter.com/BoschPres
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