Bosch Security Systems on Thursday announced that it will be renamed "Bosch Building Technologies" as part of an effort to more accurately reflect the breadth of the solutions and services they offer. The name change will become effective March 1, however; the company said that names of legal entities will remain unchanged.
The Bosch Security Systems division comprises two organizationally discrete units, the global product business and the regional system integration services business, which operates in eight countries.
In these eight countries, the system integration unit provides integrated solutions for commercial buildings. Depending on the region, the portfolio includes building security, energy services, and building automation. For customers, this means planning, installation, and operation of these solutions, as well as additional services, from a single source.
The product business – to be known in the future as "Bosch Security and Safety Systems" – will continue to operate as a global supplier of video, intrusion, fire-alarm, and voice-alarm systems, as well as of access control systems and management software, all under the Bosch brand. Its portfolio is rounded off with professional audio and conference systems for the transmission of voice, sound, and music. The products are distributed exclusively to system integrators or through wholesale dealers.
New “Security” Business Unit
In its product business, Bosch said it will merge its video systems, intrusion detection, as well as its access control and management software business units to form a single business unit, known as Security. In making this move, the company said it is responding to the growing demand for sector-specific, integrated security solutions.
“In combining these three business units, our aim is to ensure we can meet our customers’ needs even better in the future,” Gert van Iperen, president of Bosch Security Systems, said in a statement. “In the years ahead, we want to actively shape the process of transformation brought about by the internet of things, as well as to focus more on connectivity, integrated solutions, and services. At the same time, this move will strengthen our competitiveness.”