Bosch and the Internet of Things When the car negotiates with the charging station
Things are getting smarter in the connected world. Bosch, for example, is working to ensure that a car not only looks for the best parking options, but also pays for its own ticket.
Berlin – Bosch pushes the pace on the Internet of Things (IoT). Cars, machines, buildings and other things in everyday life have long been networked. And they are becoming increasingly intelligent, exchanging information with each other independently and are even capable of concluding contracts. In the area of mobility, for example, this could help with everyday processes, Bosch says. For example, tolls, parking or charging the e-car could be accounted for automatically. Under the motto “From the Internet of Things to the Economy of Things,” the Stuttgart-based technology group is providing an outlook on how things will interact with each other in the future at the Bosch Connected World industry meeting in Berlin – one of the world’s largest international gatherings on the Internet of Things. “We are bringing the physical and digital worlds together to make people’s everyday lives easier,” Bosch CEO Volkmar Denner said Wednesday. In the future, things will not only be networked for communication purposes, but will also maintain business relationships with each other.
Bosch sold a total of 52 millioninternet-enabled products in 2018 aloneover a third more than the year before. The Group already networks more than ten million devices from different manufacturers and is now working with partners to ensure that things will also interact with each other in secure systems in the future.
Prototype with EnBW
Bosch is working with energy supplier EnBW, for example, on a prototype to improve the charging process for electric cars. Initial tests already underway. The entire charging process – from the selection of the charging station to reservation and payment – will be significantly simplified and tailored to the customer’s needs. For example, if the would like to have a playground or a cafe near the charging station because he has his children with him and also wants to drink a coffee.
The car pays its own ticket
Bosch collaborates with Siemens on an intelligent parking management system. The vehicle then communicates directly with nearby parking facilities and negotiates the best conditions. As soon as the driver pulls up at the selected parking barrier, the vehicle identifies itself at the barrier and this opens without the driver having to pull a ticket. The driver is also immediately given free passage when exiting the vehicle, as the vehicle has already communicated with the barrier and paid the parking fee using a virtual wallet. In the future, drivers will no longer need to keep small change on hand to pay, and they won’t be able to lose their parking ticket, Bosch praises the benefits. Both companies have already implemented a corresponding prototype at the Bosch research campus in Renningen and at the Siemens campus in Munich.
The key technology that makes this possible is a special form of electronic data processing and storage called distributed ledger technology (DLT) – something like a decentralized database. Data is not stored in data centers of a few platform providers, but distributed on many different servers. “We need secure, open platforms and an Internet in which the user can make sovereign decisions in order to strengthen trust in digital ecosystems,” says Denner. These decentralized structures create trust in the Internet platforms, says Bosch CEO Michael Bolle, and they are also more secure against external attacks.
Billion-dollar market growing by 35 percent a year
By 2020, the market volume of the Internet of Things is expected to rise to 250 billion dollars (around 223 billion euros) worldwide – an annual increase of 35 percent. “We cannot accept that digital innovations are primarily met with mistrust and fear,” says Michael Bolle. At the initiative of Bosch, representatives of leading international associations and organizations will meet on Thursday to discuss how trust in digital systems can be created and ensured.
At this year’s Bosch Connected World industry event, more than 80 exhibitors will show how the rapid development of the Internet of Things is creating new opportunities in the world of work and in personal everyday life. Among the more than 150 speakers was Briton Timothy Berners-Lee (HTML inventor and founder of the World Wide Web). At a so-called hackathon, about 700 programmers, startup employees and designers develop new ideas for networked solutions in life, mobility, and industry and logistics.