Robert Bosch Venture Capital Invests In IOTA

The company intends to elevate the IOTA technology to maturity by bringing it closer to Bosch’s global ecosystem and key partners
19 December 2017   793

Today Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, announced that it has purchased a significant amount of IOTA tokens.

According to announcement, RBVC hopes to intensify the collaboration with the IOTA Foundation and intends to elevate the technology to maturity by bringing it closer to Bosch’s global ecosystem and key partners.

The purchase of IOTA tokens by RBVC is a strong vote of confidence for the technology and the ecosystem we have built over the years.

 

Dominik Schiener

Co-Founder, IOTA

RBVC states that it has been working with the IOTA team for more than one year. The company emphasizes that IOTA's innovative tangle technology could potentially become the standard underlying technology for trustless machine to machine communication, security and payment in the IoT space, adding that RBVC hopes to have the first go-to-market solutions ready by the end of 2018.

The investment follows the successful launch of IOTA’s data marketplace, with more than 30 leading companies worldwide participating, including Accenture Labs, Deutsche Telekom, Fujitsu, Orange, Samsung Artik, TINE and many more.

IoT Conference to Take Place in Berlin

Bosch ConnectedWorld is the fifth Internet of Things annual conference which will take place on February 21-22, 2018 at STATION-Berlin
22 February 2018   90

Bosch ConnectedWorld is an annual event that celebrates the Internet of Things. Presented by the Bosch Group, the fifth annual conference takes place February 21-22, 2018 at STATION-Berlin.

The conference will host more than 140 speakers on four stages presenting IoT trends and implementations in front of more than 3,500 conference and hackathon participants.

Bosch Connected world conferenceBosch Connected World Conference

Location: STATION-Berlin, Luckenwalder Str. 4-6, 10963 Berlin, Germany
Dates: February 21 – 22, 2018

Through inspiring keynotes, three session tracks, a huge IoT exhibition, a Meet Up stage, a hackathon, and a lot networking opportunities, all the attendees will learn how the Bosch ConnectedWorld experience, and especially IoT, is truly remarkable.

The Headline speakers include Dr. Volkmar Denner, CEO of Bosch; Dr. Dieter Zetsche, Head of Mercedes-Benz Cars; Dr. Frank Appel, CEO of Deutsche Post DHL; Dirk Slama, Chief Alliance Officer of Bosch Software Innovations, and many more.

Moreover, the attendees will be able to experience the latest in Internet of Things (IoT) first hand with over 10,000 square meters of exhibition space, and check showcases from over 80 partners and discover how IoT solutions can bring new business models and revenue channels to life.