CHICAGO--(BUSINESS WIRE)--GE (NYSE: GE) and Bosch are working together to shape the connected world through a collaboration between the software divisions of both organizations, GE Digital and Bosch Software Innovations. The organizations have signed a memorandum of understanding where GE Digital and Bosch Software Innovations will further facilitate openness and growth of the Industrial Internet of Things (IoT).
The agreement focuses on technology interoperability and platform integration through GE’s Predix operating system and the Bosch IoT Suite. GE Digital and Bosch Software Innovations intend to make complementary software services available on the other company’s cloud platforms to enhance the overall value of each cloud offering and provide solutions to a wider customer base.
Device connectivity at the heart of IoT applications
Both companies intend to establish an open source-based technical IoT core and jointly grow a larger ecosystem around this technology stack, which IoT platforms can be built upon. Key engagement is within the Eclipse Foundation, one of the major global open source software communities, where both companies are members.
The focus projects Eclipse hono, Eclipse Vorto, Eclipse Leshan, GE-enhanced UAA (User Account and Authentication) and Eclipse ACS (Access Control Service) are specifically tailored around device connectivity. In any IoT application, things need to be connected to a backend where data and functionality of the devices are leveraged to provide higher-level business value. Within the Eclipse Community, through the contribution of many IoT developers, tools and standards are openly created, which many companies can benefit from for their IoT applications.
Openness is key driver of IoT growth
In order to tap the full potential of the Industrial Internet, global organizations need more than ever to cooperate closer and within open standards. Customer benefit in IoT emerges when organizations focus on their core strengths and jointly foster market penetration of IoT technology and applications.
“Our organizations both have a rich history of manufacturing products, big and small, so we share a common understanding and vision regarding the opportunities in connectivity,” said Rainer Kallenbach, CEO of Bosch Software Innovations. “No company can realize the IoT on its own. It is very important for Bosch to engage in business ecosystems and open source communities. The collaboration with GE Digital is another important milestone for Bosch’s connectivity strategy.”
"It's industrial companies working together that will make a difference in the Industrial Internet of Things," said Bill Ruh, CEO of GE Digital. "We're incredibly excited to be partnering with Bosch Software Innovations to advance our IoT platform development."
GE Digital and Bosch Software Innovations executives present at Bosch ConnectedWorld in Chicago
Ruh and Kallenbach will present together at the Bosch ConnectedWorld event in Chicago to discuss the partnership between GE Digital and Bosch Software Innovations as well as key industry trends like global standards and IoT ecosystems.
Bosch ConnectedWorld brings together leaders in business and technology to present digital strategies, case studies and best practices around connected products, services and solutions in an ongoing, collaborative effort to advance the Internet of Things (IoT).
About GE Digital
GE Digital connects streams of machine data to powerful analytics, providing Industrial companies with valuable insights to manage assets and operations more efficiently. World-class talent and software capabilities driving big gains in productivity, availability and longevity. For more information, visit the website at www.ge.com/digital.
About Bosch Software Innovations
Bosch Software Innovations, the Bosch Group’s software and systems house, designs, develops, and operates innovative software and system solutions that help our customers around the world both in the Internet of Things (IoT) and in the traditional enterprise environment. We place particular focus on the topics of mobility, energy, manufacturing, and building. The Bosch IoT Suite is Bosch Software Innovations’ comprehensive toolbox in the Cloud. The software package, which is provided as Platform as a Service (PaaS), allows the interaction of devices, users, companies and partners on a centralized platform. This enables the development of innovative and future-oriented solutions for new business models.
With some 650 associates worldwide, Bosch Software Innovations has locations in Germany (Berlin, Immenstaad, and Stuttgart), Singapore, China (Shanghai), Japan (Tokyo), and the United States (Chicago).
The Bosch Group is a leading global supplier of technology and services. It employs roughly 375,000 associates worldwide (as of December 31, 2015). The company generated sales of $78.3 billion (70.6 billion euros) in 2015. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing and sales network covers some 150 countries. The basis for the company’s future growth is its innovative strength. Bosch employs 55,800 associates in research and development at roughly 118 locations across the globe. The Bosch Group’s strategic objective is to deliver innovations for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.”
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