Bosch expects the global market scale of smart homes to reach 10 billion euros as early as 2017. By 2020, the company further predicts that 15 percent of all households worldwide, will be equipped with smart home solutions.
Bosch expects the global market scale of smart homes to reach 10 billion euros as early as 2017. By 2020, the company further predicts that 15 percent of all households worldwide, around 230 million homes, will be equipped with smart home solutions.
Eying on this uprising market, Robert Bosch GmbH set up a new subsidiary, Bosch Smart Home GmbH in January 2016. The company offers a single platform, providing comfort, safety and convenience to the end users. Users can control their smart home system like heating, lighting, smoke alarms, and appliances in a home via one single app and save energy cost. Also, Bosch smart home system is designed to be modular and expandable to make it easy to connect and compatible with smart devices from other selected manufacturers. It is easy to connect compatible devices built by other manufacturers.
Andrea Fluhr, Senior Brand and Communications Manager at Bosch Smart Home GmbH said, “Simple-to-use is a big success factor for driving smart homes. Users worry about the compatibility and interoperability when it comes to connectivity of their smart home systems.” She indicated that open standards and platforms make the technology as user-friendly as possible.
With regard to its new solution, Bosch Smart Home System for the retrofit market comprises a smart home controller, smart radiator-thermostat, a door and window contact, and supports Philips Hue lights. The new solution provides end users with both security and energy management benefits. The system helps control the heating to save energy. When the door and window opens or closes, the radiator-thermostat would automatically control the heaters and adjust the indoor temperature for efficient energy management. Currently, its products are distributed through system integrator and official website.
Concerning communication standards, its products are compliant with proprietary RF 868MHz, ZigBee, Wi-Fi and EEBus standards.
In autumn this year, the company plans to debut new motion and smoke detectors to expand its security lineup. The company discloses the future versions of the door and window contact solution in the press conference. The smoke detector will sound the alarm if a window or door is broken open when the occupant is absent. Users will no longer need a separate alarm system for home security.
Bosch’s smart home is not all about hardware. More than five million devices and machines are connected via components of the Bosch IoT Suite. The company introduces the Bosch IoT Cloud for various applications in the area of connected mobility, connected industries, and connected buildings. The IoT cloud is one of the core components of Bosch’s services—for scaling connected solutions and adding intelligence into the hardware. The users can create rules for automatic decisions. Also, users could have flexible payment and usage-based pricing model for software services, based on the number of devices connected, active users, or transactions, or on data volume. According to company, some 50 Bosch applications will be running in its IoT cloud, which will also be extended to third-party customers as a service starting in 2017
Product Adopted:Energy Efficiency