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SKF to Showcase Innovative Technologies at the Upcoming Tech and Innovation Summit

In a commitment to advancing sustainable solutions, SKF is set to present a wide array of innovative products and technologies at the highly anticipated Tech and Innovation Summit taking place on December 11-12, 2024. The summit’s theme, "Turning Motion into Meaning," reflects the organization's focus on addressing global challenges such as climate change and resource scarcity through technological advancements.

Rickard Gustafson, the President and CEO of SKF, emphasized the urgency of developing more efficient and sustainable solutions to meet the rapidly changing demands of industries worldwide. He stated, "Today, customers across various sectors are seeking solutions that enhance decarbonization and sustainability. Our goal is to empower our customers by providing them with innovative technologies that align with their sustainability objectives."

Over the past few years, SKF has transformed its research and development portfolio, focusing over 90% of its projects on high-growth segments. This strategic move underscores the company’s commitment to delivering customer value through continuous innovation.

Highlights from the Tech and Innovation Summit

Among the innovative solutions to be showcased at the summit are:

• - SKF Infinium - Revolutionary Bearings: SKF is set to unveil the next generation of bearings under the SKF Infinium brand. These new bearings follow a circular approach to manufacturing, maximizing material use and minimizing energy consumption. Their design allows for multiple lifecycles, significantly reducing CO2 emissions. Customer trials in challenging environments have demonstrated the profitability and feasibility of this innovative model.

• - Energy-Efficient HVAC Solutions: Addressing the major role that buildings play in global greenhouse gas emissions, SKF plans to highlight its high-speed electric motors with magnetic bearings. These advanced motors eliminate friction and lubrication needs, providing a clean operating environment and exceeding energy efficiency standards by more than 95%.

• - Enhanced Solutions for Railways: SKF will present its new line of tapered roller bearings specifically designed for railway applications. Developed in collaboration with industry partners, these bearings can endure 1.5 times higher dynamic loads while reducing friction by up to 20%, resulting in lower energy consumption and improved sustainability.

• - Innovative Electric Solutions for Industrial Systems: As global markets move towards net-zero emissions, SKF is introducing hybrid ceramic bearings that combine steel rings with ceramic elements. This combination can reduce friction by up to 50%, offering enhanced longevity and reduced maintenance needs, thus contributing to a more sustainable industrial environment.

• - Real-Time Load Sensing for Mining: The mining industry faces unique challenges regarding operational efficiency. SKF's new Insight sensor-bearing system provides real-time load data, allowing mining companies to optimize their operations and maintain competitiveness in a rapidly evolving market.

• - Productivity-Enhancing Machine Tools: Lastly, SKF’s UltraFast series of super-precision bearings promises to significantly boost productivity in machine tools by balancing speed and stiffness, while simultaneously reducing energy usage.

Join the Live Webcast

The Tech and Innovation Summit will include live presentations on December 11 at 10 AM CET (Europe) and December 12 at 12 PM CST (China). Participants can register for the event here, and a recording will be available on demand following the conclusion of the event.

For additional inquiries or to schedule interviews, SKF invites media to contact Aparna Srivastava, Head of Communication, Technology Development, at +46 707 576 468 or via email at [email protected].

SKF continues to pave the way towards a more sustainable future by harnessing the potential of innovative technology. Don’t miss this opportunity to see how SKF plans to lead the charge in addressing some of the most pressing global challenges through engineering excellence and sustainable solutions.