Bosch Tech Compass: 80% Indians believe technology will play a key role in combating climate change
Three out of four respondents worldwide see technology as key to combating climate change while 72 percent respondents worldwide see the positive impact of technology
„ Most global respondents from countries like China, India, UK, U.S. and Germany believe that technology makes the world a better place
„ In Germany, the UK and the USA, a positive impact is expected from Greentech in particular (climate engineering, biotechnology, hydrogen and fuel cells). In China and India, on the other hand, the positive impact on society is expected from 5G, AI and IoT
„ Respondents worldwide see AI, 5G and self-driving cars to be the most influential technologies in the coming 10 years
A vast majority of Indians believe that technologies such as 5G, AI and IoT will create a positive impact on society. The survey indicates that 42% believe that 5G will have the most positive effect, followed by AI and IoT. These are some of the findings from the Bosch Tech Compass, a representative survey of the general public in China, India, Germany, the United Kingdom, and the United States. The survey had its global debut at CES 2022. In view of the rapid and profound changes technology is driving in many spheres of life, the Bosch Tech Compass aims to encourage people to take a closer look at the positive impact of technological progress on a globalized world.
Technology to play a key role in combating climate change
Climate change is a global concern of pivotal importance to individuals, communities and organizations. While technology is in every sector, using technology to combat climate change has gained importance lately. “Creating an ecologically sound and sustainable environment should be an imperative for individuals and organizations, and not just an afterthought. People want technology to help them live a better quality of life that offers convenience and an ideal way of living. Bosch Tech Compass shows how technology is instrumental in solving the climate crisis,” says Krishnamurthy Vadiraj, Head Technology & Innovation, BGSW.
Technology that will be the most influential in 10 years
When the respondents were asked about which of the technologies will be the most influential in their own country, the vast majority of respondents in India and China said 5G, AI and IoT while the US and UK added self-driving/automated driving along with AI and 5G as the most influential. The future relevance of specific technologies from a global response is clearly dominated by AI (43%) and 5G (42%) worldwide.
About the survey:
For this study, people aged 18 and over were surveyed online in five countries (China, Germany, India, the U.K., and the U.S.) in August 2021 by Gesellschaft für Innovative Marktforschung mbH (GIM) on behalf of Robert Bosch GmbH. In Germany and the United Kingdom, 1,000 people were surveyed, in China, India, and the United States, 2,000 people were surveyed. The samples are representative for the respective country in terms of region, gender, and age (DE, UK, USA: 18–69 years / CN, IN: 18–59 years).
About BGSW: Bosch Global Software Technologies Pvt Ltd, BGSW (formerly known as Robert Bosch Engineering and Business Solutions) is a 100% owned subsidiary of Robert Bosch GmbH, one of the world’s leading global suppliers of technology and services, offering end-to-end Engineering, IT and Business Solutions. With over 23,000 associates, it’s the largest software development center of Bosch, outside Germany, indicating that it’s the Technology Powerhouse of Bosch in India with a global footprint and presence in US, Europe and the Asia Pacific region. With our unique ability to offer end-to-end solutions that connect sensors, software, and services, we enable businesses to move from the traditional to digital or improve businesses by introducing a digital element in their products and processes.
About Bosch in India: In India, Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has in India the largest development center outside Germany, for end to end engineering and technology solutions. The Bosch Group operates in India through twelve companies: Bosch Limited – the flagship company of the Bosch Group in India – Bosch Chassis Systems India Private Limited, Bosch Rexroth (India) Private Limited, Bosch Global Software Technologies, Bosch Automotive Electronics India Private Limited, Bosch Electrical Drives India Private Limited, BSH Home Appliances Private Limited, ETAS Automotive India Private Limited, Robert Bosch Automotive Steering Private Limited, Automobility Services and Solutions Private Limited, Newtech Filter India Private Limited and Mivin Engg. Technologies Private Limited. In India, Bosch set-up its manufacturing operations in 1951, which has grown over the years to include 16 manufacturing sites, and seven development and application centers. The Bosch Group in India employs over 31,500 associates and generated consolidated sales of about ₨.19,996 crores* (2.54 billion euros) in fiscal year 2020 of which ₨. 14,011 crores*(1.78 billion euros) are from consolidated sales to third parties. The Bosch Group in India has close to 15,650 research and development associates. Additional information can be accessed at www.bosch.in
The Bosch Group is a leading global supplier of technology and services. It employs roughly 395,000 associates worldwide (as of December 31, 2020). The company generated sales of 71.5 billion euros in 2020. 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. 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 some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 129 locations across the globe, Bosch employs some 73,000 associates in research and development, of which nearly 34,000 are software engineers.
The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant upfront investments in the safeguarding of its future. Ninety-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The remaining shares are held by Robert Bosch GmbH and by a corporation owned by the Bosch family. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust.
