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Showing posts from December, 2013

Bosch's IoT subsidiary builds on years of active research

Bosch just announced that they are launching a new subsidiary company for Internet of Things products and services. The company will supply electronic components and related software services which can be used to make objects smart and web-enabled.  The company's initial focus will be on sensor-based smart homes, as well as sensor-based traffic & transportation.

In the company's press release, they add their prediction "by 2015 [there will be] more than six Billion 'things' connected to the Internet."  This joins Cisco's prediction of over 50 Billion connected things by 2020, IDC's prediction of over 212 Billion connected things by the end of 2020, Gartner's prediction of up to 26 Billion connected devices by 2020 (down from the 30 Billion they predicted a few months ago), and Ericsson's prediction of 50 Billion connected devices by 2020.

These predictions aren't new. At least five years ago Nokia was predicting "1000 connected de…