SKF to showcase new solutions with significant customer value at its first-ever Tech & Innovation Summit

Rhea-AI Summary

SKF will showcase advanced, sustainable solutions at its first-ever virtual Tech & Innovation Summit on June 19, 2024. The event will highlight new technologies designed to enhance reliability, energy efficiency, and performance for various industrial sectors. Key innovations include the SKF Extreme Super Precision Bearing platform, condition monitoring and lubrication systems, and SKF's Sealed split SRB for heavy industries. These solutions aim to reduce maintenance costs and downtime while promoting sustainability. SKF's leadership emphasizes their commitment to customer collaboration and technological progress.

Positive

• Introduction of the SKF Extreme Super Precision Bearing platform.
• Innovations in condition monitoring and lubrication systems.
• Launch of the SKF Sealed split SRB for heavy industries.
• Focus on sustainability with clean and intelligent solutions.
• Technologies aimed at reducing maintenance costs and downtime.
• Enhanced reliability and energy efficiency in new products.
• Customer-centric approach in developing tailored solutions.
• Commitment to industry collaboration and innovation.

Negative

• No specific financial performance data provided.
• Potential high costs associated with implementing new technologies.
• Uncertainty on immediate market adoption of new solutions.

SKF strengthens its innovation commitment with new intelligent and clean solutions to help industrial customers achieve their business needs and pursue their sustainability goals.

GOTHENBURG, Sweden, June 17, 2024 /PRNewswire/ -- SKF is presenting its technologically innovative solutions tailored for customers in focused industrial segments at the virtual SKF Tech & Innovation Summit. The solutions are developed to address the needs of greater reliability, energy efficiency, and high-performance as well as to support customers on their sustainability journey.

"Our focus on developing advanced solutions reflect how we continue to collaborate with our customers and partners to reimagine innovation and contribute to a more sustainable world," says Rickard Gustafson, President and CEO.

Tailor-made solutions addressing key challenges

The solutions to be showcased at the SKF Tech & Innovation Summit connect the customer needs in SKF's global industries and product lines with the Group's investments in innovation and technology development.

In close collaboration with customers, SKF develops products and solutions that create significant customer value. One of the main highlights at the Summit is the introduction of the SKF Extreme Super Precision Bearing platform. It combines the most advanced SKF bearing technology and knowledge with customer needs to create customized products that meet the ever-increasing performance requirements of precision applications in the machine tool industry. Condition monitoring and Lubrication systems that improve passenger journeys by reducing noise and innovative sealing solutions that lower downtime and maintenance costs are other examples of innovations to be presented at the Summit.

Speaking about the solutions to be showcased, Annika Ölme, CTO and Senior Vice President, Technology Development, says, "As a customer-centric organization, we recognize the growing need for performance, energy efficiency, and environmental responsibility across diverse industries—be it food & beverages, railway, wind, machine tools, or heavy industries like metals and mining. These technologically innovative solutions reflect our commitment to help our customers enhance operational efficiency and prioritize sustainability while remaining competitive. As the industry landscape evolves dynamically, we remain focused on innovations that create value for our customers, stakeholders, and society."

Collaborating to unlock real business value

This intelligent and clean portfolio of innovative products and technologies are aligned with the industry's shift towards clean technologies and demonstrates how SKF together with its customers drive progress and shape the future of the industry. Other key highlights to be presented at the event include SKF Seal solution; the online selection tool, SKF Product Select; SKF's Sealed split SRB (SKF Cooper) designed for heavy industries; and SKF DuraPro bearing solutions for wind turbine main shaft. These products and solutions create significant value for customers, such as increased reliability, improved service life, lower maintenance and downtime costs, higher performance, and safer work environment.

The SKF Tech & Innovation Summit will be held online on 19 June at 13:00-14:00 (CEST).

Visit here to register and get more information on the virtual event.

Media: To book interviews with Rickard Gustafson, President and CEO, and Annika Ölme, CTO and Senior Vice President, Technology Development, after the Summit, please contact Aparna Srivastava on aparna.srivastava@skf.com

Aktiebolaget SKF (publ)

CONTACT: 
Carl Bjernstam, Head of Media Relations
+46 31 337 25 17
carl.bjernstam@skf.com

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https://mb.cision.com/Main/637/4002098/2868329.pdf	20240617 SKF to showcase new solutions with significant customer value at its first-ever Tech & Innovation Summit
https://mb.cision.com/Public/637/4002098/b112ace38482f1a4_org.jpg	SKF Rickard Gustafson
https://mb.cision.com/Public/637/4002098/a02afa6143ec3359_org.jpg	SKF Annika Ölme

 

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SOURCE SKF

FAQ

What is SKF presenting at the Tech & Innovation Summit?

SKF is presenting advanced solutions like the SKF Extreme Super Precision Bearing platform, condition monitoring and lubrication systems, and SKF's Sealed split SRB for heavy industries.

When is the SKF Tech & Innovation Summit?

The SKF Tech & Innovation Summit will be held online on June 19, 2024, from 13:00-14:00 (CEST).

What are the benefits of SKF's new solutions?

SKF's new solutions offer enhanced reliability, energy efficiency, lower maintenance costs, reduced downtime, and support for sustainability in various industrial sectors.

How does SKF's new bearing platform benefit the machine tool industry?

The SKF Extreme Super Precision Bearing platform meets increasing performance requirements, offering customized products for precision applications in the machine tool industry.

How does SKF ensure sustainability in its new products?

SKF develops intelligent and clean solutions focused on energy efficiency, reduced maintenance costs, and reliability to support customers' sustainability goals.

What is the significance of SKF's Sealed split SRB?

SKF's Sealed split SRB is designed for heavy industries and offers benefits like increased reliability, improved service life, and lower maintenance and downtime costs.