$250B ECONOMY OF WEB-CONNECTED DEVICES
COMPANIES such as Bosch, Asus, Hisense, Hyundai, Intel, LG, Panasonic, Qualcomm, Samsung, Sony, TCL and Toyota have showcased their new products and services for the first time at CES 2019. Bosch is presenting its advancements on the subjects of internet of things and artificial intelligence as well as its network-related solutions at CES 2019, in Las Vegas. Some of the many solutions Bosch is showcasing at the world’s largest consumer electronics convention are a concept service vehicle that makes a new kind of mobility possible and smart refrigerators connected to the web that can provide advice on how best to store different kinds of food.
Member of the Bosch board of directors Markus Heyn, stated that they believe network-connected devices will create a $250 billion economy by 2020, and said the company’s aim in 2019 is to make network-connected devices more secure, efficient and useful for customers.
230 MILLION HOMES WILL BE CONNECTED TO WEB
Markus Heyn stated that they expect the number of smart homes connected to the internet to reach 230 million by 2020. The ratio of homes with internet is expected to reach 15 percent. Emphasizing that half of all smartphones being used today are carrying sensors produced by Bosch, Markus Heyn gave an example using a video-based fire detection system: “Security cameras using smart visual analysis will be able to detect fires within seconds, before heat and smoke sensors of the system detect anything. In this manner, fires will be able to be detected faster compared to the conventional fire and smoke alarm systems being used today. This will help save time in such scenarios where seconds can be critical to saving lives.”
Heyn went on: “As Bosch we’ve been early in predicting the extraordinary opportunity created by the internet of things. We’ve been actively shaping the web-connected world for the last 10 years. Stage by stage we’ve increased our software and IT expertise. Today we’re a leading IoT company.” Bosch, using its own “internet of things” (IoT) cloud, has already conducted more than 270 projects in areas such as mobility, smart homes, smart cities and agriculture. The number of sensors and devices connected via the Bosch IoT Suite has reached 8.5 million by increasing roughly 40 percent compared to the last year.
DETAILED POWER CONSUMPTION MONITORING
The Bosch Phantom platform has been developed with the idea of tracking continuous changes in the power consumption of institutions and homes in mind. It makes it possible to track power consumption, which is an important source of cost in many sectors today, according to region and device.
At homes, offices, hospitals, schools, data centers, factories and workshops, radical measures are being sought in power consumption. The first step of dealing with increasing costs of energy is tracking the power consumption of devices and processes. If you had the opportunity to measure and track power consumption according to devices, hours, departments and regions, you would have a better idea of how to save on your electricity bill. The Bosch Phantom platform makes this possible by making the power consumption process transparent via continuous measurements.
For example, concerning the lights left on at restaurants or retail shops, measures can be taken when irregular power consumption is detected, or the measurement data can be useful for the decision process regarding any changes concerning the devices. Using the Bosch Phantom platform, you can track how power consumption increases at which hours at a restaurant chain instantaneously.
Attendees wait in line for a 5G exhibition at the Qualcomm booth during CES 2019 consumer electronics show, on Jan. 10, in Las Vegas, Nevada.