A SUCCESS STORY

Have you ever thought about “bearing”s? The bearings are used for reducing the rotational friction and support radial and axial loads. Its invention goes back to the ancient times and through time it has showed up in different design forms and materials. And today, it is just another digitalized product.

Have you ever heard about SKF? A Swedish bearing company which was founded in Gothenburg in 1907 and today is the world’s biggest bearing manufacturer and among the largest public companies in the world. With the new millennia, SKF has decided to take its place in the digital world and has equipped its bearings with digital sensors. They have started collecting data, first with cables and then without cables.

COLLECTING DATA FROM 1 BILLION BEARINGS

Today, they are collecting data from more than 1 billion bearings which is then stored in their cloud system and analyzed for product and service development ideas. With this data, they have almost precious error/maintenance predictions and know when to change the worn bearing. With stepping into the digital world, they have switched from a product oriented business model to a service based one and present date, are making business by selling data to their customers and providing digital consultancy services to them thanks to their intelligence driven by digitalization.

 

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