Part of the Bosch Group today, Bosch Rexroth AG is a technology and market leader for drive and control technologies used by mechanical and plant engineering partners around the world. The company is responsible for efficient, powerful and safe movements in machines and systems of any type and size.
Table of Contents
A long history
The story began in 1795 when Georg Ludwig Rexroth launched the water-driven forge for iron production in the Spessart mountains in Germany. With this, he founded what now is one of the oldest technology companies in the world. Over the past 225 years, Bosch Rexroth has seized the opportunities offered by technological advances, turned them into innovations and adapted its business model to them. The manufacturer of automation technologies for the factory of the future, plant construction and engineering and mobile applications is well equipped to deal with the challenges of the digital transformation.
When the company was established during the French Revolution and at the start of the industrial revolution, this success was not foreseeable. The Rexroth family led the company through turbulent times and, when it took over an iron foundry, moved the company headquarters to Lohr am Main in 1850, where it remains to this day. Rexroth achieved a breakthrough at Hannover Messe in 1954 when it presented the first products from its new line of business – hydraulics. Later on, this is followed by electric drives and control systems, mobile electronics as well as linear motion and assembly technology. In 1975, Rexroth became part of Mannesmann AG. Following the merger with Bosch Automationstechnik, it has been part of the Bosch Group since 2001.
Great investment in research
In 2019, Bosch Rexroth invested 348 million euros in research and development. In October 2020, the company celebrated the topping out of the second building for its Customer and Innovation Center in the German city Ulm. Here, everything revolves around the future – the company plans to develop new digital business ideas, system solutions and services and work with partners on specific customer projects. The new building will house a model factory for Industry 4.0 solutions. There will also be laboratory and workshop areas, office, seminar and training rooms and an exhibition room. At the same time, Bosch Rexroth is always on the lookout for attractive new markets with potential for growth. The company is currently expanding in Africa and opened a new site in Egypt this year.
The Bosch Group is a leading global supplier of technology and services. It employs roughly 400,000 associates worldwide (as of December 31, 2019). The company generated sales of 77.7 billion euros in 2019. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source.
Impact on quality of life
The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. The basis for the company’s future growth is its innovative strength. Bosch employs some 72,600 associates in research and development at 126 locations across the globe, as well as roughly 30,000 software engineers.
source: robotics
