Bosch harnesses web of opportunities

Bosch, a Stuttgart-based private, conservatively run industrial conglomerate famed for inventing anti-lock brakes, the diesel injection pump and the electrical hammer drill, might seem an unlikely birthplace for web 3.0.
But as a new chief executive prepares to take the helm of the world’s biggest car parts supplier by sales, Bosch is positioning itself to play a big role in building the next generation of the internet.

At first the internet helped people to access basic information and later enabled users to communicate via social networks. But in the future an “internet of things and services” could allow people to communicate with objects, and those objects to “talk” to each other.

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Source: FT.com