New concepts and business models for a networked world
Device management (M2M) software connects devices to the internet
Singapore, July 18, 2013 – Bosch Software Innovations today announced the introduction of its integrated software suite in Asia-Pacific. Comprising the company’s core products for Business Process Management (BPM), Business Rules Management (BRM), and Device Management (M2M), the holistic suite creates the foundation to address connectivity needs in a networked world, allowing businesses to successfully implement new business models today.
“We expect a worldwide internet penetration rate of around 75 percent by 2015, and over 6.5 billion IP-ready devices to be connected over the internet by then. This number is projected to increase exponentially to an estimated 50 billion devices, appliances and systems that exchange data and synchronize with one another without human input by 2025,” said Thomas Jakob, Managing Director Asia Pacific, Bosch Software Innovations.
New business models
Bosch Software Innovations already offers various innovative use cases and projects based on its core products, for instance:
• Predictive maintenance: knowing in advance when machinery faults will occur means the appropriate measures can be initiated well before production comes to a standstill.
• Connected mobility: communication between vehicles and fleet operators allows fleet planning to be optimized using real-time vehicle data.
• The virtual power plant of the future: intelligent management of a large number of decentralized energy generation plants and their connection to users.
Software suite components
The Bosch Software Innovations software suite includes three core products, namely BPM, BRM and M2M, and is available in two editions for different application scenarios. The BPM+ Edition encompasses the BPM and BRM components for process- and rule-based enterprise applications such as risk assessment, claim processing and workflow management. For complex and future-oriented projects pertaining to the Internet of Things and Services (IoTS), all three products make up the IoTS Edition that provides the backbone for the effective implementation of such solutions and new cloud services to be built upon.
The newest addition to the software suite is the M2M component. It connects and manages all kinds of devices to achieve intelligent control in IoTS projects, with the software supporting a flexible authorization model. Since the product is based on an advanced security architecture, end customers can feel safe in the knowledge that nobody can access sensitive data without their permission.