Green Energy and Innovation

7-9 July 2017 - "Erőss Zsolt" Sports Arena in Miercurea Ciuc, Romania

The Romanian Employers Confederation - Harghita branch invites you to join the participants at the "Green Energy and Innovation" exhibition, which will be held at the "Erőss Zsolt" Sports Arena in Miercurea Ciuc, between 07-09 July a.m..

The event will take place in partnership with the Miercurea Ciuc City Hall, the Harghita County Council, the Harghita Chamber of Commerce and Industry and the Hungarian Consulate in Miercurea Ciuc.

Given the accelerated diversification of the activities of economic operators, the innovation activities within the research institutions, the exponential growth of the need to modernize the old theology and to adapt to the requirements of pollution reduction and the production of green-renewable energies, Have proposed the following goals:

• Promoting green and efficient energy by getting local knowledge of new technologies in order to increase their competitiveness;
• Creating the opportunity for research and innovation institutions to make their results known, innovative solutions in the field of green and renewable energy industry;
• Creating opportunities to capitalize innovative solutions in the field of green and renewable energy industry by local economic operators;
• Providing opportunities for the establishment of innovative production units in the field of green and renewable energy industry locally;
• Awareness among local decision-makers and population of the importance of introducing innovative solutions in the green and renewable energy industry into the community;

The categories of companies contacted cover the sectors of activity in the fields of production and use of solar, wind, water, biomass, hydrogen, geothermal, electric and / or hybrid automobile companies, solar power companies.

The exhibition is addressed to both economic agents, local and county administrations and to end users, interested individuals.

Márk DezsőSorin
President of the Romanian Employers - Harghita Branch


Energy, Power, Utility, Oil & Gas Efficiency Summit, June 21-23, 2017 in Prague

The Czech Republic. Courtesy of Gabriel & Gabriels International Prague, Sharing our expert's vision on a next generation energy strategy.

1.Learn about the latest developments in global market.
2.Hear from leading experts in Energy, Power, Utility, Oil and Gas Industries on Regulations, Compliance Risks, and Policies,
3.Learn and discover more about emerging hot topics.
4.Discover the best investment and export opportunities for new renewable generation and LNG to achieve market integration through effective transparency monitoring.
5. In-depth coverage of critical Data Management, Governance, Big Data etc and ICS security subject matter in a comprehensive focus day
6. Discussion focused on the latest development and operation of a large scale global in the Industry
7.Meet peers from within your technical and professional community and Form new professional relationships

MARK OSSELMARK OSSELMARK OSSELMARK OSSEL MARK OSSEL ,Vice President at Networked Energy Services (NES) Corporation (USA, Ca)
GEORGES SEIL, Ph.D-cand, C.E.M. ,CEO Biz-Consultant,Luxembourg
BJORN BROCHMANN, Manager, Brochmann Energy
Riccardo Amoroso, Head of Innovation and Sustainability at Enel Green Power
MICHAEL EVANS, Director LetMEthink Ltd
Prof Norman Mclennan, Managing Director at Rubislaw Integrated Consulting Solutions
Dr PIERRE DECHAMPS, Policy Officer at the EU Commission
ROBERTO ZANGRANDI, Secretary General of EDSO.
TOR EIGIL HODNE ,Director, EU Office at Statnett SF
WILLEM STRABBING, Managing Director at ESMIG
SUE GEUENS (Susan Turner), President at DAMA International
FRANCISCO PABLO DE LA FLOR, Director of Regulation at Enagas
CHRISTOPHE DROMACQUE, Head of Research and Analysis at
VaasaETT Global Energy Think Tank
CARLOS GUERRERO, Business Development Manager at Bureau Veritas
Tim Karlsson, Executive Director International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE)
René Stadler, Category Head Energy Europe & International at Mondigroup
ERIKA HONNAY, Preject Director at Renowatt
Robert Stanek, Senior consultant at The P3 Group Germany
Evo Stefanov, Chairman of the Board at Methodia AD
GREGORIO CAPPUCCINO,CEO at CalBatt - Keynote speaker on Cleantech - Professor at University of Calabria,
JULIE LEAVITT, Director of Administrative Services at PacifiCorp
Tanya Batra,Tanya Batra,Tanya Batra, Tanya Batra,Tanya Batra, Tanya Batra, Head of Business Development at Ezysolare
Zoe Double, Head of Power at ICIS
Jan Ernst, Sr. Application Engineer EMEA,Maxwell Technologies
Michael Wayne Bexton Head of Energy Projects,Energy Services Directorate Nottingham City Council
Stefan Schauss, Stefan Schauss, Stefan Schauss,director business Development Energy Storage Systems at greensmithenergy
Mike Lang, Fluor Fellow,Director-Welding and NDE Services


08:00: Registration
09:00: Opening Statement by Host and Moderator Chinonye Ugwu CEO Gabriel & Gabriels International
09:15: Keynote Addresses:
GEORGES SEIL, Ph.D-cand, C.E.M. ,CEO Biz-Consultant,Luxembourg
09:20-09:40 Presentation:
Sustainable Development Monitoring– alternative approach
Three Questions and Interactions on the Presentation
By Georges Seil,Ph.D-cand, C.E.M. ,CEO Biz-Consultant,Luxembourg
09:40-10:00 Presentation:
The EU Clean Energy initiative and the impact on smart metering/smart grid for distributions companies, regulators.
Three Questions and Interactions on the Presentation
By Mark OsselMark OsselMark Ossel Mark Ossel Mark OsselMark Ossel
Vice President at Networked Energy Services (NES) Corporation (USA, Ca)
10:00-10:30 Break ( Networking)
10:30-11:00 Presentation:
Collaborative business principles in challenging business environments - the art of the possible `! This session will explore model supply chain & contractual solutions developed and utilized in the upstream energy sector offering; specifically examining: Background context and whey there is a compelling case for standard solutions.
Three Questions and Interactions on the Presentation
By Prof Norman Mclennan,
Former VP Supply Chain Sasol Exploration & Production International but now Managing Director at Rubislaw Integrated Consulting Solutions
11:00- 11:20 Presentation:
A suitable energy guide labelling to enable consumers to more easily make informed purchasing decisions
Three Questions and Interactions on the Presentation
John Scowcroft
Executive Adviser, Global CCS Institute
11:20-11:40 Presentation:
Battery technology and what role it play in leading to a more efficient power sector Three Questions and Interactions on the Presentation By Asad Faris,CFA Equity Analyst- Thematics team at Berenberg Bank
11:40-12:00 Presentation:
Energy efficiency in the industry / example from the paper industry
● Implementation of the directive in Europe
● Implementation within the company: audits and measures
● Experiences from implementation
● Possible improvement of the directive
Three Questions and Interactions on the Presentation By René Stadler
Category Head Energy Europe & International at Mondigroup
12:00-12:20 Presentation:
Battery price and technology development until 2025
• Current state of the battery market for PHEV/ BEV automotive market
• Outlook on cell technology roadmap
• Deep dive in battery price development (Cell, Module, System)
Three Questions and Interactions on the Presentation By Robert Stanek
Senior Consultant at The P3 Group Germany
12:20-13:00 Presentation:
Nottingham’s Energy Projects Delivery
· Solar PV(Domestic and Commercial): Business cases, site selection etc
· Air Source Heat Pumps (Renewable Heat Incentive)
· District Heating (Supply to 5000 domestic properties and 200 commercial)
· Fuel Cell Development (benefiting air quality and finances)
· Battery Storage (delivering large scale grid balancing systems)
· Robin Hood Energy (Municipal energy company)
· Remourban (European Smart City Project)
· Energy Efficiency Works (financing and programme)
Three Questions and Interactions on the Presentation Michael Wayne Bexton
Head of Energy Projects, Energy Services Directorate Nottingham City Council
13:00 pm to 14:00 pm Lunch
14:00-14:20 Presentation:
Combining the different grids into one, balancing peak loads and bottom loads between differ-ent grids which provides an enormous effect
Three Questions and Interactions on the Presentation By Bjørn Bekkevold,Founder & CEO XTN Group
14:20-14:40 Presentation: "Category Management - why it's even more relevant in today's challenging market" Three Questions and Interactions on the Presentation
By Michael Evans,Director LetMEthink Ltd
14:40-15:00 Presentation:
"Consumer Driven Utilities" and how companies like Methodia can help them cope with the paradigm's change
Three Questions and Interactions on the Presentation By Evo Stefanov Chairman of the Board at Methodia AD
Sharing our expert's vision on a next generation energy strategy.
15:00-15:30 Break(Networking)
15:30-16:00 Presentation
“Technical progress and its impact on global energy demand. A historical approach and lessons for the future”.
Three Questions and Interactions on the Presentation By Bjorn Brochmann,Director Manager, Brochmann Energy
16:00-18:00 LNG Session Great debates about the future of LNG
What has happened to demand?
Which new projects will proceed?
Will pricing models change?
Will contracting terms loosen?
Will contracting terms loosen?
Is the era of the LNG megaproject over?
What will be the role of trading hubs?
18:00 End of Day One

8:00am Registration:
09:00-09:15: Opening Statement By Host and Moderator Chinonye Ugwu
CEO Gabriel & Gabriels International
09:15-09:30: Keynote Addresses:
Prof Norman Mclennan,Managing Director at Rubislaw Integrated Consulting Solutions
09:30-09:50 Presentation:
Energy Efficiency Programs for Utility Customers and origin Three Questions and Interactions on the Presentation By Roberto Zangrandi,Secretary General of EDSO.
09:30-10:00: Presentation:
How a more intelligently-run power grid can yield greater cost savings — both for the entire utility system and individual customers. Three Questions and Interactions on the Presentation By Tor Eigil Hodne ,
Director, EU Office at Statnett SF
10:00-10:30: Presentation:
“How to realize the consumer benefits of Smart Metering”.
Three Questions and Interactions on the Presentation By Willem Strabbing,Managing Director at ESMIG
10:30-11:00 Break ( Networking)
11:00-11:30: Presentation:
The RenoWatt experience a dedicated company project that will be created for all the public entities of Wallonia. The goal is to launch EPC for more than 100 million euros in the 36 coming month and the out comes of renowatt. Three Questions and Interactions on the Presentation By Erika Honnay
Project Director at Renowatt
11:30-12:00 Presentation:
How a host of federal air regulations will update limits on the emissions of multiple pollutants from stationary sources such as power plants and industrial facilities Over the next decade. Three Questions and Interactions on the Presentation By JULIE LEAVITT,Director of Administrative Services at PacifiCorp
11:30-12:00: Presentation:Three Questions and Interactions on the Presentation By Riccardo Amoroso,Head of Innovation and Sustainability at Enel Green Power
12:00pm to 13:00 Lunch
13:00-13:30: Presentation Why Data Governance for Big Data and Analytics is a topic that a lot of people avoid as it is “too difficult”.Three Questions and Interactions on the Presentation By Sue Geuens(Susan Turner).President at DAMA International
13:30-14:00: Presentation: decoupling utility profits from sales.Three Questions and Interactions on the Presentation By Carlos Guerrero,Business Development Manager at Bureau Veritas
14:00:14:30: Presentation:
The EU policies in place in energy and climate, with a possible focus on energy efficiency, with a view to long term decarbonisation. Three Questions and Interactions on the Presentation By Dr Pierre Dechamps,
Policy Officer at the EU Commission
14:30-15:00 Presentation
the opportunities for the use of fuel cells and hydrogen in energy systems integration, and linking energy, transportation and industry sectors. Three Questions and Interactions on the Presentation
By Tim Karlsson,Executive Director International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE)
15:00- 15:30 Break ( Networking)
15:30-16:00 Presentation. A cost-effective new appliance standards on a wide range of products
Three Questions and Interactions on the Presentation Zoe Double, Head of Power at ICIS
16:00-17:00 Panel Session: Today, we are living in a digitalized web world, do we also expect such too in energy sectors? How will companies manage these changes? How can companies appeal to the consumers of tomorrow as is now the case in web, telephony, social media and messaging across multiple devices?
Or Would clean energy ambitions create wealth of opportunities? Equity in the Clean Energy Economy; or Corporate Renewable Energy Procurement, Automated Transportation; or Debate on Energy Efficiency
Debate team : Prof Norman Mclennan, Managing Director at Rubislaw Integrated Consulting Solutions and Georges Seil, Ph.D-cand, MBA , MD Biz Consult

Day 3
8:00am Registration:
09:00-09:15: Opening Statement By Host and Moderator
Chinonye Ugwu
CEO Gabriel & Gabriels International
09:15- 09:30 Presentation
Recycling of PV modules keeping in view of the speed of installation worldwide and certain PV plants are already more than 7-8 years old. I am afraid that while we step up the investments on Renewables, we may tend to overlook the effects on environment as we are nearing the derating regime of the same
Three Questions and Interactions on the Presentation
09:30-10:00 Presentation
As world market leader in short term energy storage (Ultra capacitors) our products contribute to stability of the future grid where renewable integration cause fluctuation of frequency which leads into a reasonable danger of grid operation. Short term burst of power from Ultra Capacitors are a highly effective way to resolve immediate frequency response. Three Questions and Interactions on the Presentation Jan Ernst Sr. Application Engineer EMEA, Maxwell Technologies.
10:00-10:30 Presentation "The potential of consumption feedback and demand response in the residential sector - findings from 160 pilots around the world"? Three Questions and Interactions on the Presentation
Christophe DROMACQUE,Head of Research and Analysis at VaasaETT Global Energy Think Tank
10:30-11:00 Break ( Networking)
11:00-12:30 Oil & Gas Session Debate
12:30-13:00 Presentation. Three Questions and Interactions on the Presentation By Stefan Schauss, By Stefan Schauss,By Stefan Schauss, By Stefan Schauss, By Stefan Schauss, By Stefan Schauss,
Business Development Energy Storage Systems At Greensmithenergy
13:00-13:30 Presentation on welding market conditions and bridging workforce deficits with better execution technologies Three Questions and Interactions on the Presentation Mike Lang, Fluor Fellow
Director-Welding and NDE Services
13:30-14:00 Presentation. 'The use of ICT in tapping Solar Energy Investment opportunities'. With particularly focus on the Investment opportunities in India which yield high returns.Three Questions and Interactions on the Presentation Tanya Batra, Head of Business Development at Ezysolare
14:00 Possible Gala Party Open for sponsorship End of the event
End of day 3 or End of the Summit

Dates: 21-23rd of June 2017. Prague, Czech Republic.
Event Organizer: Gabriel & Gabriels International.


Eoltech wins repeat contracts to monitor 500 MW of wind projects with advanced energy index

Eoltech, an independent wind energy consulting firm, has announced that it won contracts from major French customers to deploy IREC-Index. With this advanced multi-source wind energy index, Eoltech will aim to refine the monitoring of 24 wind farms in France, representing a total output of 500MW. IREC-Index will enable Eoltech’s clients to check the consistency of their fleet’s output against the available wind resource to detect potential turbine performance discrepancies.

The specificity of IREC-Index is to be based on the selection and combination of several data sources that are both independent and coherent with one another. This multi-source approach reinforces the consistency and robustness of this energy index while addressing the challenge of managing data homogeneity in time.

For each region, IREC-Index takes into account at least four distinct and independent sources of wind data, whose consistency in time is checked each month. These data are then converted into production and combined to obtain robust output reference indicators by region, providing valuable information to operators wishing to optimise the energy performance of their wind portfolio.

"Most players involved in the monitoring of the power output of wind farms are looking for databases providing high correlation levels with their production data. But even if this condition is important, it is not a guarantee of reliability, because consistency in time is generally not taken into account. By combining several independent sources, the IREC Index approach can filter out inconsistent sources and increase the robustness of the results while ensuring that a high correlation level with production data is maintained," explained Habib Leseney, CEO of Eoltech.

Since its creation in 2010, IREC-Index has been tested and validated on more than 130 wind farms, representing 1,600 MW, with an average correlation level of more than 97%. These rigorous test campaigns have demonstrated its superior level of accuracy, ease of implementation and ability to improve production control processes.

Solarworld in insolvency

Solarworld, once the largest German solar energy company, has announced it is required to call for insolvency soon, as long as it has been largely losing because of the Asian competition according to  Deutsche Welle.

Company publish this press release:

On May 11, 2017, the Management Board of SolarWorld AG filed for insolvency proceedings at the local court of Bonn. In the due course of these proceedings, the court has appointed attorney at law Horst Piepenburg as preliminary insolvency administrator with the reservation of approval according to § 21 Abs. 2 Nr. 2, 2 Alt InsO.

The Management of the affiliated companies SolarWorld Industries Sachsen GmbH, SolarWorld Industries Thüringen GmbH, SolarWorld Industries Deutschland GmbH and SolarWorld Innovations GmbH also filed for insolvency proceedings at the local court of Bonn on May 12, 2017, due to the insolvency of the parent company. The court of insolvency then also appointed attorney at law Horst Piepenburg as preliminary insolvency administrator for these companies.


ESCO Technologies Inc. (NYSE: ESE) announced that it has acquired NRG Systems, Inc. (NRG), doing business as Renewable NRG Systems, located in Hinesburg, Vermont. NRG, founded in 1982, is the global market leader in the design and manufacture of decision support tools for the renewable energy industry, primarily wind.

NRG serves electric utilities, wind turbine manufacturers, renewable energy developers, research institutes, and government agencies in more than 150 countries (

The business, which will join Doble Engineering as part of ESCO’s Utilities Solutions Group (USG) operating segment, has annualized sales of approximately $45 million (with nearly half of its sales coming from international markets) and operating margins in the mid-teens. The terms of the transaction were not disclosed.

NRG’s expertise spans both resource assessment products and wind plant optimization equipment such as turbine control sensors, Lidar, and condition based monitoring systems. The products are used during both the pre-development stage of a project and the operational stage when project owners need to optimize the performance of their assets.

The company’s products and applications are targeted at the following market segments:
Wind Resource Assessment which is the systematic collection of wind data at potential wind farm sites to allow wind farm developers to estimate the future power output of a variety of wind farm sizes and turbine arrangements. Customers use this information to design the layout of the wind farm, secure project financing, and make other critical decisions.

Wind Plant Optimization enables wind farm operators and owners to maximize their annual energy production, reduce their operating and maintenance (O&M) costs, increase system reliability, and drive down the levelized cost of energy.

Solar Resource Assessment is the systematic collection of solar data at a prospective solar energy production site to develop an accurate estimate of that facility’s annual energy production potential.
Solar Monitoring allows solar project operators to track electrical output precisely in order to trigger real-time maintenance and build long-term preventative maintenance programs.

Bryan Sayler, President of Doble, commented, “The addition of NRG offers Doble the opportunity to access the growing renewable energy market, expand our geographic presence, and provide our existing customers with proven tools to optimize their renewable energy generation assets.”

Justin Wheating, President of NRG, commented, “Becoming part of ESCO further strengthens our ability to grow through the continued investment in new products and the expansion of our existing technologies into new markets. We are excited about our future and pleased to join a company that shares our core values and demonstrates its strong focus on customers and employees.”

Vic Richey, Chairman and Chief Executive Officer, commented, “Adding NRG to our existing utility segment introduces a unique and exciting growth opportunity for ESCO. NRG’s capabilities are a great complement to Doble’s product and solution portfolio providing an immediate entry point into a large and growing market. Clean, renewable and sustainable energy is a $300 billion-plus per year global industry where approximately 600 gigawatts (GW) of new wind capacity and 700 gigawatts (GW) of solar PV capacity is expected to be added over the next 10 years. NRG is clearly a market leader with an exceptional brand, reputation, and strong management team, and I’m excited to welcome the outstanding and dedicated employees of NRG to our team.”


Bosch improves sales in all business sectors and regions

New conceptions of mobility, new perceptions of technology
•First-quarter sales in 2017 up 12 percent
•Target sales growth for 2017 between 3 and 5 percent
•Sales in 2016: 73.1 billion euros
•EBIT from operations in 2016: 4.3 billion euros
•Research and development expenditure: 7 billion euros
•Bosch CEO Denner: “Bosch is shaping tomorrow’s world.”

The Bosch Group has made a good start to the new business year. Sales of the supplier of technology and services rose 12 percent in the first quarter, and 11 percent after adjusting for exchange rates. All business sectors and regions picked up in the first three months of 2017, some significantly so. For the current year, in light of a subdued economic outlook and geopolitical uncertainty, Bosch aims to achieve sales growth of between three and five percent. And despite still heavy upfront investments in safeguarding the company’s future, result is set to rise. “Business success today gives us the leeway to shape tomorrow’s world,” said Dr. Volkmar Denner, the chairman of the Bosch board of management, at the annual press conference at Bosch’s research campus in Renningen . “Take our existing business forward, open up new areas of business, occupy a technologically leading position – that is our strategy for the transformation process.” The focal points of this transformation are changes in the mobility sphere and IoT connectivity. “As an innovation leader, we are shaping and driving transformation,” Denner added.

Business year 2016: upfront investments on a record level

In 2016, Bosch Group sales rose to 73.1 billion euros. This is equivalent to 3.6 percent growth, or 5.5 percent after adjusting for exchange-rate effects. Negative effects from exchange rates came to some 1.3 billion euros last year. Earnings from operations before interest and taxes (EBIT from operations) came to 4.3 billion euros, and the EBIT margin from operations to 5.8 percent. The development in result in 2016 reflects the heavy upfront investments in securing the company’s future. Last year, Bosch raised its research and development spending by just under 10 percent to 7 billion euros. As Prof. Stefan Asenkerschbaumer, the CFO and deputy chairman of the board of management, explained:

„Bosch has to make considerable upfront investments in the transformation process, and at the same time safeguard high profitability over the long term.“

EBIT was impacted by negative extraordinary effects in 2016, and came to 3.3 billion euros.

New conceptions for mobility: zero emissions, zero stress, zero accidents

The mobility sphere is on the brink of considerable upheaval. “Bosch will make a new kind of mobility possible, a mobility that is without emissions, without stress, and without accidents. It’s no longer just a case of making better cars. We have to reinvent mobility,” Denner said. He added that improving air quality in cities, where 70 percent of the global population will live by 2050, is a task that industry, politics, and society must tackle together. Referring to the current debate about driving bans for diesel vehicles, the Bosch CEO stressed that both targets and policies for better air quality have to be technology-neutral. “The creativity of our engineers must not be restricted to a particular technology by politics,” Denner said. The Bosch CEO believes that further improvements to the internal-combustion engine offer huge potential. The RDE (real driving emissions) measuring procedure that will be valid from fall 2017 will help further reduce nitrogen-oxide emissions from vehicles. Bosch is currently working on some 300 RDE development projects. For gasoline-powered vehicles, the company has long championed the widespread use of particulate filters. Moreover, applying connectivity to transport can also help improve air quality. For the Greater Stuttgart area, Bosch has developed an assistant for multimodal transport. And from 2018, the community-based parking service developed by Bosch will feature in production vehicles.

The electrification of mobility: a combination of electricity and fuel

Bosch is also investing a lot of effort in taking electric driving forward. A new operating unit for electromobility will bring together all the company’s activities in this area. In addition to the billions invested in improving internal-combustion engines, the company is investing some 400 million euros each year toward achieving a breakthrough in electromobility. Most of this goes into battery research and development. Bosch is researching both current and future battery-cell technologies. The company has already won more than 30 electromobility-related orders. In 2016, it won a further 11 in China alone, the world’s largest market for electromobility. From the start of 2018, the new Bosch Powertrain Solutions division and its 88,000 associates will offer all powertrain technologies from a single source.

„Whether fuel or electricity, Bosch will drive the powertrain in the future as well. For our customers, we are and want to be the number-one partner for engineering and technology,“
Denner said.

The automation of mobility: business success

When it comes to automated driving as well, Bosch can point to technological progress and business success. With driver assistance systems, the company generated sales of more than a billion euros for the first time in 2016, as well as winning orders worth 3.5 billion euros. All in all, Bosch intends to grow faster than the market with driver assistance systems in 2017 – a market that is forecast to grow 30 percent. Some 3,000 Bosch engineers are now working on automated driving, 500 more than in the previous year. Together with Daimler, Bosch is working to advance fully automated and driverless vehicles for city streets. The aim is for vehicles to drive completely autonomously in cities by the start of the next decade. One of the key components for this is the Bosch AI onboard computer. Its artificial intelligence makes it the brain of the self-driving car. Before the decade is out, the company will have created a highly precise digital map on the basis of radar signals. Such a map is a key requirement for automated driving. In developing partnerships with Vodafone, Telekom, Huawei, and Nokia, moreover, Bosch is working on the infrastructure for automated and connected traffic. For example, it is carrying out tests to find reliable vehicle-to-vehicle wireless communication.

Connected mobility: the mobile butler

This year will see the launch of the Bosch Automotive Cloud Suite, a new platform for mobility services such as the wrong-way driver alert, predictive diagnosis, connected parking, and personal assistants.

„The Bosch Automotive Cloud Suite is the key technological element for services related to the connected vehicle. We will use it to connect drivers, cars, automakers, and providers of other mobility services,“
Denner said.

The Bosch Automotive Cloud Suite combines the company’s automotive and IT expertise. PwC expects the global market for connected mobility to grow by nearly 25 percent annually in the years up to 2022, while Gartner estimates that 250 million connected vehicles will be driving on the world’s roads by 2020.

New perceptions of technology: intelligent and emotive

Also by 2020, Bosch estimates that the global volume of the IoT market will grow 35 percent annually to 250 billion dollars. In 2016, the company already sold 27 million web-enabled products. By 2020, all its new electronic products will feature connectivity. And in the future, services are also to be offered to accompany each product. They key to this is artificial intelligence (AI). Ten years from now, nearly every Bosch product will be developed, manufactured, or equipped with artificial intelligence. Over the next five years, Bosch will be investing 300 million euros in its own center for artificial intelligence. And in the German state of Baden-Württemberg, Bosch is helping set up “ Cyber Valley. ”This alliance of politicians, businesspeople, and scientists is intended to provide a boost for AI research. Together with the University of Amsterdam, Bosch is operating Delta Lab, a research laboratory for deep learning. Bosch CEO Denner: “Artificial intelligence will make connectivity personal, something that can be experienced on an emotive level. Digital assistants will become increasingly clever, and relieve users of daily chores.” Tractica forecasts that the number of people using digital assistants will triple to more than 1.5 billion by the start of the next decade.

The business year 2016 by region

In Europe, the Bosch Group generated sales of 38.6 billion euros in 2016. Year on year, revenue increased 3.4 percent, or 4.8 percent after adjusting for exchange-rate effects. In 2016, these effects were unusually high, not least due to the depreciation of sterling. Following a very strong previous year, Bosch Group sales in North America declined 2.2 percent to 12.3 billion euros last year, or by 1.8 percent adjusted for exchange-rate effects. After years of declining Bosch Group sales in South America , the exchange rate-adjusted figures disclosed a 2.4 percent rise. In nominal terms, sales fell 5 percent to 1.4 billion euros. In Asia Pacific , Bosch recorded a hefty 8.3 percent increase in sales to 20.8 billion euros (exchange rate-adjusted 12 percent). Bosch now generates nearly 30 percent of its sales in Asia Pacific.

The business year 2016 by business sector

Of the company’s four business sectors, Mobility Solutions grew the strongest in 2016. Sales rose 5.5 percent (6.9 percent after adjusting for exchange-rate effects) to 43.9 billion euros. The sector’s margin from operations came to 6.0 percent. The Industrial Technology business sector, and especially the Drive and Control Technology division, continued to face a difficult market environment in 2016. Sales fell 5.2 percent (4.2 percent after adjusting for exchange-rate effects) to 6.3 billion euros. When adjusted for the consolidation effects resulting from the sale of its large gearboxes unit, the fall in sales was only 1.5 percent. On an encouraging note, the business sector returned to profitability. Negative exchange-rate effects were especially in evidence in the sales disclosed by the Consumer Goods business sector. After adjusting for these effects, the business sector’s sales grew 5.7 percent. Nominal sales growth was 2.6 percent, to 17.6 billion euros. The business sector’s margin from operations rose one percentage point, to 8.2 percent. The Energy and Building Technology business sector achieved sales of 5.2 billion euros in 2016. Here too, exchange rates negatively affected sales. Adjusted for these effects, sales grew 4.5 percent. The nominal figure was 1.7 percent. The business sector’s margin came to 4.3 percent in 2016.

Headcount: considerable need for IT and software-related personnel

As of December 31, 2016, the Bosch Group employed some 390,000 associates worldwide. Headcount increased by 14,500 last year. Regionally, the workforce structure remained largely unchanged. The number of associates in Germany rose by 2,000 to 134,000. Most of the remaining headcount increase was in Asia and North America. The company currently has considerable staffing requirements for specialists and executives, especially with software and IT expertise. Even now, Bosch employs more than 20,000 software engineers, just under 4,000 of them for the internet of things alone.

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