These days, the value of a car or machine is determined less and less by hardware and software alone. Digital services, based on networked operating data, complement the classic business models in the automotive and mechanical engineering sectors, As a supplier to these industries, Schaeffler is not only reacting to this trend, but is also thinking ahead and playing an active role in shaping the future. As a first milestone, Schaeffler has built a digital platform for all of its added-value digital services. This open, digital ecosystem will form an environment in which Schaeffler can work smoothly with its customers and partners, with the digital platform as the technical foundation. By constantly working to offer significant added value for its customers, Schaeffler's aim is to connect data from across products and processes, and then use analytics to turn this primary data into valuable insight, which will then be used to increase the efficiency of Schaeffler's own internal operations to develop innovative services for its customers.
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