Schaeffler: Bridging the Physical and Digital World via the Right Blend of Knowledge and Cutting-edge Technology

CIO Vendor Industry 4.0, the emerging disruptive technology-driven phenomenon is inevitable in light of the dynamic era we are in today and is likely to change the way industry players look at production. There is no doubt that technological advancement has become the game-changer of our times and has become the holy grail of progress. Significantly, one of the renowned players who is actively shaping the digital transformation through the linking of components and systems is Schaeffler.

As a leading global supplier to the automotive and industrial sectors, the Schaeffler Group has been driving forward ground-breaking inventions and developments in the fields of motion and mobility for over 70 years. Harsha Kadam adds "Schaeffler is a reliable partner for making motion and mobility more efficient, intelligent, and sustainable with innovative technologies, products, and services for CO-efficient drives, electric mobility, Industry 4.0, digitalization, and renewable energies".

Schaeffler has been present in India for over 50 years. With three wellknown product brands LuK, INA & FAG, four manufacturing plants, and eight sales offices, Schaeffler has carved a unique position for itself in the Indian market. The firm is among the largest Industrial and Automotive suppliers with sales of Rs. 37.6 billion in 2020 with around 2,794 employees. The firm manufactures high-precision components and systems for powertrain and chassis applications as well as rolling and plain bearing solutions for various industrial applications which are backed by dedicated engineering, research, and development support based in India in support of product teams.

Differential factors
Schaeffler brings in years of system and service expertise which helps in the design and realization of intelligent systems and optimized processes. It provides platform-based concepts which combine mechatronic products and condition monitoring systems (CMSs)
& digital services to form application-specific 4.0 solution packages that provide interoperability and process flexibility.

The Industry 4.0 solution packages from Schaeffler are scalable, reduce downtime and allow machine and equipment availability to be increased. Its smart ecosystem provides the necessary IT infrastructure for the integration of smart components, proven visualization and analysis tools, and digital services. This ultimately aids in providing customized components and digital services which lead to continuous process optimization, increased machine availability, and improved effectiveness of overall systems.

Also, the decades of system and service expertise along with its constant innovation and increased efficiency are the key factors that give an edge to the firm over other players. Further, the cloud-based IT system helps to quickly provide its expertise in case of any issues. "All in all, Schaeffler is not just an industry 4.0 systems supplier, but a supplier of an entire ecosystem consisting of intelligent sensor-enabled components, monitoring systems, and technical expertise to the customers," signifies Harsha Kadam.

The Schaeffler Group has been driving forward ground breaking inventions and developments in the fields of motion and mobility for over 70 years

Way ahead
As the firm forges ahead to reach new heights, it is committed to further expand the customer service components of the range of products and services, by focusing on shaping the future of mobility and motion in cooperation with its customers, partners, and society. This will be made possible through its unique strength which is based on a combination of innovation, superior quality, understanding of the system, and high precision manufacturing.

Moreover, Schaeffler lays its emphasis on its competitive advantages and builds on its strengths to create sustainable value for the customers. Further, Schaeffler is aiming for increased technology and knowledge transfer between the divisions across all four regions, which would result in considerable advantages for the ongoing development of the systems understanding and group-wide market expertise.