1. Bosch is one of the world's largest automotive technology suppliers with sales of 48.9 billion euros and 290,000 associates. It is a leading manufacturer of security technology, power tools, household appliances, and industrial technology such as drive and control systems.
2. Industry 4.0 refers to the current trend of automation and data exchange in manufacturing technologies including cyber-physical systems, Internet of things, cloud computing and cognitive computing.
3. Bosch has over 80 internal Industry 4.0 projects across its 250 plants to become both a solution provider and user, developing software, machine platforms, and integrated hardware and software solutions.