Hermes Honorary Award 2013 Won by Bosch Rexroth
Bosch Rexroth, the best drive and control technologies professional won the Hermes Honorary Award 2013 in the Hannover Messe trade fair opening this month. The business was honoured with this particular award for innovative blend of machine software and information technology, the award was presented by the German Minister for Federal Education, Prof. Doctor Johanna Wanka.
Evaluating the award in line with the entrant's software compatibility with hardware and also Information Technology principles. Bosch Rexroth’s "Open Core Engineering" software had been awarded the prize due to the proof of considering "integrated industry", the actual concept of the this 2014 Hannover Messe. The Hermes Award has been awarded to forward-thinking companies for almost a decade, and is also one of the leading technology awards worldwide.
Dr. Karl Tragl, who is the chairman of Bosch Rexroth, accepted the award as well as took great pride with the company for being recognised for their effort. Moving gradually with time and maintaining the rift between machine and software to the minimum amount simply by modernising technological innovation is a vital point pointed out simply by Dr . Karl Tragl.
In order to allow users to produce new functions for existing application, Open Core Engineering has the option that immediately utilises the control core which is often utilized by several programming languages. In case of merging of information technology with machine software this choice is very important. For individual preference it is possible to change the user interface. In order to make the means of automation easier, the open core engineering may also be incorporated to company's proprietary applications.
Additionally, Bosch Rexroth is based in Lohr am Main, Germany and is among the world's leading engineering companies. Also, it has already been realised that the accumulation of the selection of related organizations, all managing industrial products systems such as pneumatics. It provides technical training for areas like hydraulics and also products available for sale.
Based on an estimate from 2011, Bosch Rexroth a 200 year old company, is evaluated at above €6.5 billion. It was established by Georg Ludwig Rexroth in 1795, with a water-powered hammer installation, and it has progressed significantly from the period. Almost all of its clients and customers include automation firms for factories and also renewable energy organizations. Bosch Rexroth’s effectiveness depend on innovation, and its research and development team number more than two thousand. Its employees number roughly thirty eight thousand, and it is an established company in 80 countries throughout the world. Additionally, the equipment and technology innovation used in the Three Gorges Dam of China and also the Panama Canal locks’ is being managed by Bosch Rexroth and also it is their responsibility for enhancing on them.
It is actually fascinating to know that this is not only the only Bosch Rexroth information to be seen at the fore recently. Rexroth Pneumatics is also a subsidiary of Bosch Rexroth was sold at an undisclosed figure to private equity finance firm Triton Partners. There was obviously a negotiation between Bosch Rexroth and Triton Partner's Managing Partner Peder Prahl aimed to arrive at a successful business agreement after the announcement sometime in early 2012 that pneumatics business would be placed in the marketplace.
Sometime around 31st of Dec, 2013, the transaction came to an end with Triton Partners buying the entirety of the Hannover/Laatzen based company. Rexroth Pneumatics produces essential parts needed for machinery, automotive and transport sectors, and operates in more than 35 countries across the globe.