Tech News
Bosch registered sales of 490 million euros in the Middle East in 2023
Bosch ended its 2023 fiscal year with 490 million euros, in consolidated sales in the Middle East, registering 3% increase. The company met its sales expectations despite the challenges faced in the 2023 business year. This growth was attributed to various divisions within Bosch, including Bosch Rexroth, Building Technologies, Mobility Aftermarket, and the Bosch Global Software Technologies subsidiary.
Commenting on the results, Per Johansson, general manager of the Bosch Group in the Middle East, said: “Despite the challenges posed by the market due to geopolitical developments and respective economic impact, Bosch has demonstrated resilience and adaptability. Our associates’ dedication and hard work delivered the best possible results across divisions.” The number of associates employed at Bosch in the Middle East stood at around 485 as of December 31, 2023.
Bosch Middle East: outlook for 2024
“At Bosch, we remain optimistic about the future and are committed to driving growth through our technology ‘Invented for life’ and improving the quality of life. We aim to accelerate our growth in 2024 and beyond, with a focus on continued regional expansion,” Per Johansson added.
Countries in the Middle East are in different stages of development, major players, especially in the Gulf Cooperation Council (GCC), such as Saudi Arabia, UAE, and Oman are making leaps toward economic diversification through the adoption of long-term visions of the respective government leaders. With the adoption of Artificial Intelligence (AI), investment opportunities are set to open across sectors; focus on reducing reliance on fossil fuels and refreshed environmental, social, and governance (ESG) strategies is expected to drive significant sustainable growth in the region. The development of other diversified sectors through investment in AI technologies could strategically position the region for the years to come.
Development of Bosch business sectors
In 2023, sales development in Bosch’s business sectors displayed a mixed picture. Bosch’s Mobility Aftermarket division has seen growth which was driven by the traditional diesel business as well as the passenger car spare parts (batteries, wipers, spark plugs) which was a focus area in 2023. On the other hand, the Bosch Global Software Technologies subsidiary, performed well in the fiscal year 2023 via acquiring new customers in UAE and KSA. The notable growth can be directly attributed to contributions from growing digital enterprise software solutions including enterprise resource planning (ERP), Cloud, and artificial intelligence (AI), along with digital engineering products and services comprising of IoT, product development, and more. The Bosch Rexroth division, focused on serving global application experience in the market segments of mobile and industrial applications as well as factory automation which contributed significantly to the growth of the business in 2023, especially through its refreshed go-to-market strategies and partnerships.
Bosch is at the forefront of innovation in the Building Technologies division driving advancements that enhance safety efficiency and sustainability in modern infrastructure. The division experienced growth, driven by a strategic emphasis on video solutions, conferencing, fire alarm systems, and AI in building management.
Bosch expansion in the Middle East
In 2024, the Bosch Group is planning a strategic expansion in the Kingdom of Saudi Arabia and Oman. This step underlines the company’s commitment to the region and its intention to reinforce its footprint in the Middle East. The growing markets of KSA and Oman are of strategic importance to the Bosch Group in the Middle East as they offer vast potential for expansion, driven by significant economic reforms, infrastructure development, and a focus on sustainability. By leveraging its innovative solutions and aligning with national development goals, Bosch Middle East is planning its contribution to and benefit from the dynamic growth of these key markets.
Sustaining investments in the Middle East
Bosch is strategically focusing on digital transformation and hydrogen as investment areas, reflecting its commitment to innovation, sustainability and addressing global challenges. The Bosch Connected Industry division is spearheading the move towards smart factories as a pivotal component of its digital transformation strategy. By integrating advanced technologies such as IoT, artificial intelligence (AI), and data analytics into their manufacturing processes, Bosch aims to enhance operational efficiency, reduce downtime, and optimize resource utilization. This aligns with Bosch’s commitment to support the region’s broader goals of industrial modernization and economic diversification. Turning the spotlight to hydrogen, it is a clean energy source that is crucial in the journey to net zero. Along the entire hydrogen value chain, Bosch is investing in developing technologies for the production, compression, storage, and use of hydrogen. Starting with developing smart technologies for hydrogen production, Bosch aims to contribute to a more sustainable future.
Bosch champions diversity
Bosch fosters diversity – over 23 nationalities are represented at its location in Dubai. This rich tapestry of cultural backgrounds enhances the company’s creativity, innovation, and global perspective. Bosch actively encourages women to pursue senior positions within the company, aligning with its core values of respect, and equal opportunity. By fostering an inclusive environment where all associates can thrive, regardless of gender or background, Bosch not only strengthens its leadership but also ensures a diverse array of viewpoints and ideas, driving the company’s continued success.
Bosch Group: outlook for 2024 and strategic course
The Bosch Group increased its sales and earnings in 2023 and is successfully implementing its growth strategy despite a difficult environment. Stefan Hartung, chairman of the board of management of Robert Bosch GmbH, said: “In the 2023 business year, we achieved our financial targets and strengthened our market position in a number of business areas, from semiconductors to integrated building systems.” The company increased its sales by 3.8 percent compared to the previous year to 91.6 billion euros despite unfavorable economic and market conditions. At 5.3 percent, the EBIT margin from operations was 1 percentage point higher than the previous year. It was therefore higher than expected, but still lower than the target margin of at least 7 percent required over the long term. Bosch wants to achieve this by 2026. In the first quarter of 2024, sales were down by more than 0.8 percent year on year; after adjusting for exchange-rate effects, this amounts to an increase of 2.7 percent. However, the company expects that it will be difficult to increase the EBIT margin from operations compared to the previous year. In addition to the subdued market environment and the expected further increase in upfront investments in areas of strategic importance, restructuring and process improvements will also have a negative impact at first, with their positive effect coming only after a delay. Even if the economic and social environment remains demanding, Bosch aims to rank among the top three suppliers in its key markets in all regions of the world. “We’re pursuing innovations, partnerships, and acquisitions to ensure we grow as our industries transform – despite economic headwinds,” Hartung said.
In its core mobility business, for example, Bosch is systematically driving forward strategic decisions for future growth. This year alone, it is launching some 30 production projects for electric vehicles. In the growth area of hydrogen, Bosch has reaffirmed its business expectations: by 2030, its sales with hydrogen technology could reach 5 billion euros. Bosch is also systematically exploiting growth opportunities in the area of heating technology. Although the heat-pump market stagnated across Europe in 2023, Bosch was able to grow its business by almost 50 percent. In the years ahead, Bosch will continue to grow significantly faster than the market in this segment. However, there could be a slight improvement in the consumer goods markets after two years of consumer restraint. Bosch expect its own business to stabilize, to which innovations as well as the expansion of its international footprint should contribute. Overall, climate action continues to play a central role for Bosch. In Hartung’s view, it offers great opportunities for growth, even if markets such as electromobility are not developing as fast as expected. Nonetheless, Bosch is continuing to make heavy upfront investments in technologies for a carbon-neutral future, in order to help shape this transformation from the top. “There is pressure to cut subsidies for CO2-efficient technologies. But climate action requires sustained investment – from government, from companies, and from each and every one of us,” Hartung said.
Tech News
VAST Data Partners with Google Cloud to Enable Enterprise AI at Scale Across Hybrid Cloud Environments
VAST Data, the AI Operating System company, today announced an expanded partnership with Google Cloud, the first fully managed service for the VAST AI Operating System (AI OS), enabling customers to deploy the AI OS and extend a unified global namespace across hybrid environments. Powered by the VAST DataSpace, enterprises can seamlessly connect clusters running in Google Cloud and on-premises locations, eliminating complex migrations and making data instantly available wherever AI runs.
Enterprises want to run AI where it performs best, but data rarely lives in one place and migrating can take months and costs millions. Fragmented storage and siloed data pipelines make it hard to feed the AI accelerators with consistent, high-throughput access and every environment change multiplies governance and compliance burdens.
VAST and Google Cloud address this challenge by making data placement a choice rather than a constraint. In this recorded demonstration, VAST showcased the power of the VAST DataSpace to connect clusters across more than 10,000 kilometers, linking one in the United States with another in Japan. This configuration delivered seamless, near real-time access to the same data in both locations while running inference workloads with vLLM, enabling intelligent workload placement so organizations can run AI models on TPUs in the US and GPUs in Japan without duplicating data or managing separate environments.
“Together with Google Cloud, VAST is building a unified data and computing environment that extends to wherever a customer wants to compute and unleashes the potential of AI by unlocking access to all data everywhere,” said Jeff Denworth, Co-Founder at VAST Data. “Delivered as a managed AI Operating System on Google Cloud, customers can go from zero to production in minutes – we’re turning hybrid complexity into a single, intelligent fabric that provides fast access to data, regardless of where it resides to accelerate time to value for agentic AI.”
“Bringing VAST AI Operating System to Google Cloud Marketplace will help customers quickly deploy, manage, and grow the data solution on Google Cloud’s trusted, global infrastructure,” said Nirav Mehta, Vice President, Compute Platform at Google Cloud. “VAST can now securely scale and support customers on their digital transformation journeys.”
Powering Google Cloud TPUs with seamless data access and near-local performance
Recent performance results also show how the VAST AI Operating System connects seamlessly to Google Cloud Tensor Processing Unit (TPU) virtual machines, integrating directly with Google Cloud’s platform for large-scale AI. In testing with Meta’s Llama-3.1-8B-Instruct model, the VAST AI Operating System delivered model load speeds comparable to some of the best options available in the cloud, while maintaining predictable performance during cold starts.
These results confirm that the VAST AI OS is not just a data platform but a performance engine designed to keep accelerators fully utilized and AI pipelines continuously in motion.
“The VAST AI OS is redefining what it means to move fast in AI, delivering model load speeds comparable to cloud-native alternatives while providing the full power of an advanced, enterprise-grade AI platform,” said Subramanian Kartik, Chief Scientist at VAST Data. “This is the kind of acceleration that turns idle accelerators into active intelligence, driving higher efficiency and faster time to insight for every AI workload.”
With VAST on Google Cloud, customers can benefit from:
- Deploy AI in Minutes, Not Months: Organizations can run production AI workloads on Google Cloud today against existing on-premises datasets without migration planning, transfer delays, or extended compliance cycles. Using VAST DataSpace and intelligent streaming, they can present a consistent global namespace of data across on-prem and Google Cloud instantly.
- Reduce Data-Movement Costs: Stream only the subsets that models require to avoid full replication and reduce egress – cutting footprint and redirecting budget from data movement to AI innovation with infrastructure that is future-ready for the demanding AI pipelines in genomics, structural biology, and financial services.
- Maximize Google Cloud Innovation with Flexible Data Placement: Choose what to migrate, replicate, or cache to Google Cloud while keeping one namespace and consistent governance by applying unified access controls, audit, and retention policies everywhere to simplify compliance and reduce operational risk. Leverage VAST DataStore and VAST DataBase to unify prep, training, inference, and analytics without rewiring pipelines.
- TPU-Ready Data Path: Feed TPU VMs over validated NFS paths with optimized model loading and metadata-aware I/O, delivering fast, consistent warm-start performance and predictable behavior during cold-starts.
- Build on a Unified Platform: The VAST AI Operating System delivers a DataStore, DataBase, InsightEngine, AgentEngine and DataSpace that scales across on-premises and Google Cloud environments and adapts to changing business needs without architectural rewrites, enabling data scientists to use a variety of access protocols with a single solution.
Tech News
AUKEY PARTNERS WITH THE BROOKLYN NETS FOR AN ELECTRIFYING NBA SEASON
AUKEY, a leading innovator in cutting-edge tech accessories, is proud to announce a multiyear partnership with the NBA’s Brooklyn Nets, beginning this 2025-26 NBA season. This collaboration is AUKEY’s first sports partnership, marking an exciting milestone for their expansion and reflecting their ongoing commitment to delivering high-quality, innovative technology experiences to a global audience.
Through this partnership, AUKEY will team up with the Brooklyn Nets to engage fans both on and off the court. Together, they’ve launched a non-commercial, limited-edition wireless power bank, the MagFusion M 5000 Brooklyn Nets Co-Branded Edition, combining the team’s bold identity with cutting-edge wireless charging technology.
Fans can participate in AUKEY’s social media giveaway activities for a chance to win one on Instagram and Facebook, keeping their energy flowing anytime, anywhere while enjoying exciting game moments.

MagFusion M 5000 Brooklyn Nets Co-Branded Edition
“We’re thrilled to partner with the Brooklyn Nets, a team that embodies creativity, resilience, and the spirit of New York,” said Jackey Li, CEO at AUKEY US. “At AUKEY, we power every moment with strength, endurance, and an unbreakable drive to keep innovating. The Nets share that same unstoppable spirit and we look forward to sharing that spirit of innovation and energy with basketball fans worldwide.”
AUKEY’s work with the Nets will extend in-arena at Barclays Center for the team’s home games, as well as on the team’s social media channels. This partnership represents a fusion of tech, sport, and culture and together, AUKEY and the Brooklyn Nets aim to unlock more power in every moment, from the court to the community, keeping fans charged for what’s next.
Tech News
GCC COMPANIES ACHIEVE 30-SECOND PAYROLL PROCESSING WITH 100 PER CENT ACCURACY USING ADVANCED HRMS, REVEALS GREYTHR
Companies across the GCC region have experienced higher workforce management efficiency using advanced AI-powered HRMS, reporting 100 per cent accuracy and stronger compliance with GCC labour regulations, reveals a recent survey conducted by greytHR, the leading full-suite Human Resource Management System (HRMS) platform. Notably, organisations with around 1000 employees could complete their payroll processing in just about 30 seconds using the innovative platform.
The findings point to an exponential shift within the GCC HR landscape, where organisations are embracing intelligent automated HR operations amid evolving labour regulations, hybrid work models, and the rise of multi-country workforces. The company’s data shows that 75 per cent of GCC companies are first-time HR automation adopters, while 24 per cent have migrated from legacy systems, highlighting the ongoing regional transition towards fully digitised, compliance-ready HR frameworks.
greytHR is powering this digital shift through its robust cloud-based infrastructure and AI-powered tools, which simplify the entire hire-to-retire employee lifecycle, from recruitment and onboarding to core HR, leave, attendance, payroll, performance, exit and engagement.
Girish Rowjee, Co-founder and CEO of greytHR, said, “At greytHR, we believe that ‘people’ are the primary pillar of any business. A company’s growth relies on the dedication and hard work of its employees. As a result of this belief, we built our HRMS to make employee lifecycle management simpler, more transparent, and more connected within the HR ecosystem. Our goal is to help organisations reinvent how they manage and support their workforce through intelligent, people-focused automation in today’s digital world.”
Through it’s a highly intelligent and unified system, greytHR has been continuously addressing the region’s distinctive challenges and maximising impact through efficient workforce management.
Sayeed Anjum, Co-Founder & CTO, greytHR, said: “As companies expand across borders and hybrid work models become the norm, HR leaders face issues such as manual payroll errors, fragmented systems and limited automation, which can directly impact compliance, employee satisfaction, and productivity. Our platform is tailored to address these pain points and the region’s unique needs by serving as an intelligent, unified system that simplifies all stages of workforce management. This further aligns with our broader vision of creating measurable impact for companies and transforming the regional HR ecosystem through digitisation.”
He further stated: “Currently, IT & ITeS, Business, and Financial Service sectors lead in HRMS adoption, at 19 per cent, 15 per cent and 10.5 per cent respectively, highlighting the vital role of technology-driven and service-oriented businesses in catalysing the ongoing digital HR revolution.”
greytHR offers built-in compliance features tailored to GCC nations, including automated GPSSA deductions, multi-country payroll capabilities, and real-time analytics. Moreover, its intuitive interface and modular architecture make it accessible to businesses of all sizes, from startups to large enterprises.
The company showcased these advanced offerings at the recent HR Summit & Expo 2025, held in Dubai, highlighting its commitment to supporting the region’s evolving workforce needs. As GCC continues to position itself as a global business hub, greytHR remains steadfast in its efforts to positively shape the future of the regional HR industry.
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