| - GACCoM honors outstanding achievements in transatlantic businesses|
- Jury convinced by Bosch’s eMobility Solution for a networked EV charging infrastructure
Chicago – Bosch Software Innovations, software and systems unit of the Bosch Group, received the 2011 Merlin Award in the category “Best Innovator” from the German American Chamber of Commerce of the Midwest (GACCoM). The company’s eMobility Solution - a web-based software solution for electric vehicle charging infrastructure – received one of three Merlin awards presented at the GACCoM’s annual event held May 6th in Chicago. With 300 top executives from German-American businesses in attendance, the signature event acknowledges companies that have shown outstanding excellence in the categories of “Best Innovator”, “Best New Company”, “Best Service Provider”, and “Excellence in Training & Education”.
“Receiving the award for ‘Best Innovator’ is a testament of our contribution in the field of eMobility and emphasizes our dedication to excellence”, said Troy Foster, chief technology officer, Bosch Software Innovations. “This is a great honor and we are energized and thrilled by the recognition.”
The Bosch eMobility solution provides a user-friendly system for all eMobility stakeholders, making the use of electric vehicles more convenient and easy to use, while offering great benefits to target users - such as drivers, utilities, location-based service providers, fleet operators, charging station operators and automakers. It serves as a common software and IT platform that supports and integrates the core processes for the eMobility infrastructure, including identification of drivers and charging of electric vehicles, billing of energy consumption and services, and finding and reserving charging stations.
“The eMobility Solution provides a critical piece in the evolving smart grid infrastructure,” details Foster.
Flexible and scalable
The eMobility Solution serves as a common software and IT platform that supports and integrates the core processes for the eMobility infrastructure, including identification of drivers and charging of electric vehicles, billing of energy consumption and services, and finding and reserving charging stations. Using open software architecture, other stakeholders have the ability to connect individual IT systems to the eMobility Solution. This allows for the exact customization of business models and fosters the development of a vibrant business ecosystem. The costs of setting up area-wide infrastructure solutions are shared which – in combination with new business opportunities – promotes the development of the fast growing electric mobility market.
In 2010, Bosch Software Innovations received the Merlin award for “Best Service Provider” in recognition of its achievements in supporting Credit Risk Management and Basel II within the Global Risk Management community. Companies such as Fannie Mae, Capital One, and Scania Financial Services use Bosch Software Innovations’ Credit Risk Rating Platform to develop flexible and transparent credit risk rating models.
The German-American Chamber of Commerce of the Midwest, located in Chicago, was founded in 1963. The mission of the GACCoM is to promote, and assist in the expansion of bilateral trade and investment between Germany and the United States. Named after one of the founders, Peter H. Merlin, the annual festive gala honors outstanding achievements in German-American businesses.
Bosch Software Innovations, the software and systems house of the Bosch Group, designs and develops innovative software and systems solutions for an international clientele. For banks and financial services providers, Bosch Software Innovations offers specialized products in the areas of compliance, risk management, and customer relationship management. Its systems solutions for mobility and energy infrastructures range from analysis and implementation up to the operation of fully integrated hardware and software systems. We provide our customers with the support they need to develop innovative business models that interconnect functions, services, and devices via the internet. Using Bosch Software Innovations’ leading technologies, customers can increase the efficiency and flexibility of complex applications to gain a long-term competitive advantage. More information can be found at www.bosch-si.com.
In the U.S., Canada and Mexico, the Bosch Group manufactures and markets automotive original equipment and aftermarket products, industrial drives and control technology, power tools, security and communication systems, packaging
technology, thermotechnology, household appliances, solar energy, healthcare and software innovations. Having established a regional presence in 1906, Bosch employs over 22,000 associates in more than 100 locations, with reported sales of $8.8 billion in fiscal 2010. For more information, visit www.boschusa.com.
The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 285,000 associates generated sales of 47.3 billion euros ($62.7 billion) in fiscal 2010. The Bosch Group comprises Robert Bosch GmbH and its more than 350 subsidiaries and regional companies in over 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spent 3.8 billion euros (approximately $5 billion) for research and development in 2010, and applied for over 3,800 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial. Bosch is celebrating its 125th anniversary in 2011. Additional information can be accessed at www.bosch.com, www.bosch-press.com, and www.125.bosch.com.
Software Innovations 2011 - May 2011