Hermes Award 2013 Won by Bosch Rexroth

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Information about Hermes Award 2013 Won by Bosch Rexroth
News & Politics

Published on March 19, 2014

Author: maple7alva

Source: slideshare.net

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

bosch rexroth benefits from hermes Bosch Rexroth, the best drive and control technologies professional won the Hermes Award 2013 at the Hannover Messe trade fair opening this month. Given by the German Minister for Federal Education, Prof. Doctor Johanna Wanka, this particular award was given essentially for the company's innovative blend of machine software and information technology. This award was evaluated around the entrants' software integration with hardware and IT concepts. The theme of the Hannover Messe 2014 includes "integrated industry" which Bosch Rexroth's "Open Core Engineering" software considered and this has earned Bosch Rexroth the honor. Herme Honorary Award is among the leading technology awards worldwide and has now been awarded to forward-thinking companies for nearly a decade. The Chairman of Bosch Rexroth, Dr . Karl Tragl, received the award as well as commented on pride of the organization on becoming recognised for the hard work. Moving gradually with time and keeping the rift in between machine and software program to the bare minimum through modernising technology is a crucial point emphasized simply by Doctor Karl Tragl. Open Core Engineering permits users to generate new functions for already existing application, giving the choice to use several programming languages and also to directly utilise the control core. This is important for the combining of information technology with machine software. For personal preference it is easy to manipulate the user interface. In order to make the actual procedure for automation less difficult, the open core engineering can be incorporated to company's proprietary programs. Additionally, Bosch Rexroth is based in Lohr am Main, Germany and is one of the world's leading engineering firms. Furthermore, it has already been realised the accumulation of a variety of related businesses, all managing industrial products systems just like pneumatics. In some areas such as hydraulics as well as products available for sale, it in fact provides technical training. A 200 yr old business, Bosch Rexroth is well worth more than €6.5 billion, according to 2011 estimates. It was founded by Georg Ludwig Rexroth in 1795, with a water-powered hammer installation, and it has progressed significantly from that point. Almost all of its clients and consumers include automation companies for factories as well as energy companies. Bosch Rexroth's strength is based on innovation, and its research and development team number more than two thousand. Its employees number approximately 38,000, and it is a recognised company in 80 countries throughout the world. Additionally, the equipment and technology innovation utilized in the Three Gorges Dam of China and also the Panama Canal locks' is being managed by Bosch Rexroth and it is their duty for improving on them. This may not be the sole Bosch Rexroth news to be seen at the fore in recent months. Rexroth Pneumatics is also a subsidiary of Bosch Rexroth had been sold at an undisclosed figure to private equity finance firm Triton Partners. Right after announcing in early 2012 that pneumatics

business would be put on the market, Bosch Rexroth bargained with with Triton Partners' Managing Partner Peder Prahl to come to an excellent arrangement. The transaction came to an end sometime around 31st of December 2013, along with Triton Partners acquiring the whole of the Hannover/Laatzen based organization. Rexroth Pneumatics creates essential parts needed for machinery, automotive and transport sectors, and operates in a lot more than 35 countries across the world.

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