All Bosch Products Will Be Based on AI

All Bosch Group products and solutions are planned to either incorporate artificial intelligence (AI)-based technology or will be developed and manufactured with the help of AI this year, the company told MTI on Monday.

The company had originally set this as a target for 2025, but is on track to implement plans two years earlier, they added.

Bosch has filed patent applications for more than 1,000 inventions in the field of artificial intelligence in the past five years, making it one of Europe's leading patent applicants, according to the statement.

The company's AI experts, from both the research and business sectors, are working on concrete applications to exploit the opportunities offered by new AI models. Around 60 potential use cases are currently being investigated and will be deployed if the results are positive.

According to the announcement, Bosch has more than 300 AI researchers. They stressed that AI has been a driver of development and growth for some time and that Bosch plans to increase sales of its AI-compatible products to one billion euros in the coming years.

AI-based developments are also one of the focus areas of the Bosch Group's operations in Hungary, where it is used in a number of areas at the Group's Hungarian sites, playing a key role in manufacturing processes, whether it is data analysis for production optimization, optical monitoring of certain processes or planning maintenance of in-process equipment. Artificial intelligence also plays a key role in Bosch's wide-ranging educational collaborations: it is an integral part of the Bosch-BME Innovative Competence Centre for Automotive Technology, the ELTE-Bosch Artificial Intelligence Industrial Department, the Budapest University of Economics and Business and the University of Miskolc.

At the end of 2022, the Bosch Group employed more than 18,300 people in Hungary, 1,300 more than a year earlier. Last year, the annual sales revenue of the Bosch Group in Hungary increased by 32% to HUF 2,255 billion, while its turnover in the Hungarian market – sales revenue from sales outside the group – rose by 15% to HUF 314 billion. Last year, the company spent 55% more than in the previous year, HUF 155 billion on investment and HUF 112 billion on R&D in Hungary.