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SKF Innovations at the Tech and Innovation Summit

SKF, a global leader in bearing technology and innovations, is set to present a wide array of new products and solutions that focus on improving efficiency, reliability, and sustainability. Scheduled for December 11-12, 2024, the Tech and Innovation Summit, themed "Turning Motion into Meaning," will be a one-hour virtual event addressing critical global issues such as climate change and resource scarcity.

At the heart of SKF's operations is a firm commitment to innovation, aimed at delivering substantial value to customers across various industries. With about 90% of their R&D efforts concentrated on high-growth segments, SKF is strategically positioned to meet the evolving needs of its clientele, particularly in the quest for decarbonization and sustainable practices. Rickard Gustafson, President and CEO, emphasizes this goal, stating, "We will showcase technologies that pave the way for customers to meet their evolving needs and accelerate sustainable growth."

Event Details

The summit will be hosted via webcast, allowing attendees to engage with industry leaders directly. Highlights include:

• - December 11, 10 AM CET (EMEA), 10 AM IST (India/Southeast Asia), 9 AM PT / 12 PM ET (Americas)
• - December 12, 12 PM CST (China/Northeast Asia)

A replay will be available on-demand shortly after the event, offering further accessibility to those who wish to catch up on SKF's advancements in technology.

Innovative Product Highlights

1. SKF Infinium: The next-generation bearings exemplify SKF's commitment to sustainability. This circular model maximizes material utilization, significantly lowering energy consumption and CO2 emissions when compared to conventional manufacturing processes.

2. Energy-Efficient HVAC Solutions: With buildings contributing approximately 40% of global greenhouse gas emissions, SKF's innovations in HVAC technology are vital. High-speed electric motors utilizing magnetic bearings drastically reduce friction and energy use, presenting a game-changing opportunity for the HVAC sector.

3. Enhanced Railway Bearings: In a collaboration with clients, SKF has developed tapered roller bearings that can withstand significantly increased loads while reducing energy consumption, thus ensuring a more sustainable railway system.

4. Hybrid Ceramic Bearings: As businesses pivot towards net-zero strategies, SKF's hybrid ceramic bearings merge steel and engineered ceramic elements to reduce friction by 50% and improve operating speeds, offering a robust solution for diverse applications.

5. Real-Time Load Sensing: The SKF Insight system provides mining companies with real-time data to optimize operations, ensuring efficiency and competitiveness in an industry marked by increasing demand for minerals.

6. UltraFast Series Bearings: Designed for the evolving demands of precision and automation in machine tools, these bearings enhance productivity by providing a remarkable balance between speed and rigidity while minimizing energy costs.

Annika Ölme, CTO and Senior Vice President for Technology Development, remarked, "Exploring and maximizing the immense possibilities of technology to develop intelligent and clean solutions is what we do at SKF." This highlights the organization's mission to provide groundbreaking technologies that not only advance productivity but also contribute to sustainable industrial practices.

In summary, the upcoming Tech and Innovation Summit is a must-attend event for those interested in the future of technology and sustainability in various industries. With SKF at the forefront of innovation, attendees can expect to gain valuable insights into practical solutions that would pave the way toward a sustainable future.