Bosch says it is continuing to drive forward its transformation into a provider of mobility services by establishing a Connected Mobility Solutions division bringing together more than 600 associates to develop and sell digital mobility services.
The company says these include vehicle sharing, ridesharing, and connectivity-based services for car drivers.
“Connectivity will fundamentally change how we get from A to B, and in the process it will help to solve today’s traffic problems. We are using it to realize our vision of emissions-free, stress-free, and accident-free mobility,” said Dr. Volkmar Denner, chairman of the Bosch board of management, at the Bosch ConnectedWorld 2018 IoT conference in Berlin.
Bosch says connectivity offers tremendous business potential. Quoting PwC, it says by 2025, there will be more than 470 million connected vehicles on the world’s roads and just four years from now, the market for mobility services and associated digital services will be worth €140 billion.
“Connected driving is a growth area for Bosch. Bosch aims for significant double-digit growth with the solutions it offers,” Denner said.
The company says the plan is for the new division to further extend the existing service portfolio. For instance, mobility services from Bosch send alerts about wrong-way drivers and turn smartphones into car keys. The latest of these is the ridesharing service offered by U.S. start-up Splitting Fares Inc. (SPLT). Denner also presented system!e in Berlin. Connected services for electromobility are set to further increase the suitability of electric driving for the mass market.
