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Published on Oct 3, 2016
The Internet of Things - billions of interconnected sensors and devices in factories, cars, trains and appliances - is moving into a new era. By tapping the power of cognitive computing, businesses around the world are moving from IoT vision and proof of concept to strategic deployments aimed at driving real transformation. Schaeffler - one of the world’s leading automotive and industrial suppliers, has signed a multi-year strategic partnership agreement with IBM to do exactly that.
Schaeffler is pioneering the development of innovative ‘mechatronic’ solutions which combine mechanical, electronic and software capabilities into individual components and systems which have the ability to monitor, report and manage their own performance. The vision is for a world where even the humble ball bearing has in-built intelligence and sensory capabilities. Using IBM Watson’s cognitive intelligence Schaeffler will interconnect these digitally enabled components and create virtual models of entire industrial systems.
The result is a new industrial era defined by factories, machines and parts capable of self-assessing, triggering actions and exchanging information with each other, and with the people who manufacture and maintain them. Schaeffler is leading the way and literally redefining approaches for designing, producing and maintaining machines – making them safer and more reliable.