Bosch Rexroth Wins Hermes Award 2013

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Information about Bosch Rexroth Wins Hermes Award 2013
News & Politics

Published on March 20, 2014

Author: maple7alva

Source: slideshare.net

Description

Bosch Rexroth, the best drive and control technologies specialist won the Hermes Award 2013 in the Hannover Messe trade fair opening this month.

hermes honorary award 2013 won Hermes award 2013 was won by Bosch Rexroth, the drive and control technologies expert at the opening fair of Hannover Messe trade fair. Given through the German Minister for Federal Education, Professor Doc. Johanna Wanka, this award was presented essentially for the company's innovative blend of machine software and information technology. Evaluating the award using the entrant's software compatibility with hardware and also Information Technology concepts. The theme of the Hannover Messe 2014 includes "integrated industry" that Bosch Rexroth's "Open Core Engineering" software took in to account and also this has earned Bosch Rexroth the honor. The Hermes Award has now been awarded to forward- thinking companies for almost a decade, and is one of the leading technology awards around the world. Dr. Karl Tragl, that is the chairman of Bosch Rexroth, received the award and also took great satisfaction in the company for being recognised for their hard work. Moving gradually with time and also maintaining the rift in between machine and software program to the minimum amount simply by modernising technological innovation is a vital point highlighted simply by Dr . Karl Tragl. Open Core Engineering enables users to produce new functions for existing software, giving the possibility to use several programming languages and directly utilise the control core. In circumstance of combining of information technology with machine software this choice is very important. For personal preference it is possible to adjust the user interface. Open Core Engineering can be linked to company's proprietary applications, making the procedure for automation less difficult. Additionally, Bosch Rexroth is based in Lohr am Main, Germany and it is among the world's leading engineering companies. Furthermore, it has already been realised that the accumulation of the selection of related businesses, all handling industrial products systems like pneumatics. It provides technical training for areas like hydraulics as well as products available for sale. Based on an estimate in 2011, Bosch Rexroth a two hundred year old company, is valued at above €6.5 billion. Sometime close to 1795, the company was founded through George Ludwig Rexroth, using a water-powered hammer installation and it has progressed significantly since then. Most of its clients and consumers include automation firms for factories and renewable energy organizations. The strength of Bosch Rexroth's lies in innovation, as well as research and development team number above 2,000. Bosch Rexroth has created branches in eighty countries around the world and its employee base is approximately 38,000. It has been responsible for

equipment and technologies used in the Three Gorges Dam of China and also the Panama Canal locks' enhancement. It is actually important to know this is not just the sole Bosch Rexroth news to come to the fore in recent months. A branch of Bosch Rexroth, Rexroth Pneumatics, was acquired by private equity finance firm Triton Partners by the drive and control company at an undisclosed total. Right after announcing at the beginning of 2012 that the pneumatics business would be put on the market, Bosch Rexroth negotiated with Triton Partners' Investment Advisory Professional Peder Prahl to arrive to an excellent arrangement. Sometime around 31st of December, 2013, the transaction came to an end with Triton Partners acquiring the entirety of the Hannover/Laatzen based business. Finally, it is also interesting to know that Rexroth Pneumatics is operating in a lot more than 35 countries around the globe and also creates essential elements for machinery, automotive and transport sectors.

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