Schaeffler: Using IoT to take advantage of Industry 4.0
Schaeffler – one of the world’s leading automotive and industrial suppliers, is poineering 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 enable 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….