Bosch is one of the largest industrial companies in Germany, engaged in research and development of automotive technology, industrial technology and consumer products and construction technology. When Robert Bosch founded the company in Stuttgart in 1886 at the age of 25, he positioned the company as a "factory of precision mechanical and electrical engineering". Headquartered in Stuttgart, southern Germany, Bosch employs more than 230,000 people in more than 50 countries. Bosch is known for its innovative and cutting-edge products and system solutions. In the era of Industry 4.0, Bosch has joined the ranks of Internet of Things research and application.