109.1 Million Euros
The Bosch Group’s strategic objective is to create solutions that are “Invented for life”. These include products that spark enthusiasm, improve quality of life, and help conserve resources. To achieve this aim, we drive change and seize opportunities in the areas of connectivity, electrification, and energy efficiency. Today, we are a leading provider for the Internet of Things (IoT). Thanks to our expertise in the realms of sensor technology, software, and services, we offer innovative technologies in the areas of smart homes, smart cities, connected mobility, and Industry 4.0.
Here, we benefit from our global research and development network, which counts some 59,000 associates around the world. In 2016, Bosch spent a total of seven billion euros or 9.5 percent of its sales on its research and development activities.