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Bosch and SAP have agreed on a strategic partnership for the Internet of Things (IoT) and Industrie 4.0.
Both companies intend to expand their cooperation in cloud technologies and software solutions. The joint approach is intended, among other things, to accelerate manufacturing and logistics processes and increase the security and quality of products and services for customers.
Bosch CEO Volkmar Denner, for the signing of a corresponding agreement (Memorandum of Understanding):
"In order to better exploit the great potential of the networked industry, international companies must cooperate more closely than before and with open standards"
Bosch CEO Volkmar Denner:
"New solutions with high customer value only emerge when companies focus on their strengths and core competencies while pooling their respective strengths."