Condition monitoring solutions from SKF use the latest connected technologies to deliver value:
- Collect data from a wide variety of plant asset parameters – including vibration, temperature, lubrication state, and process data
- Transform your data into actionable insights that translate into real operational benefit and financial return – unlocking the hidden value in your data
- According to Gartner, 70% of data that is captured is not used. In other words, the majority of investments in infrastructure to collect, house and access data provide no operational benefit or financial return. Only 27% of executives report that their Big Data initiatives are profitable.
- This result is surprising, given that Big Data is a corporate priority for both Enterprises and SMB’s. In a recent Capgemini study over three quarters of respondents stated that the CEO or Executive team believe that Big Data has the potential to improve business results in areas of new revenue, operational efficiency and cost cutting.
- Work together with you in a new way to align our interests, while supporting you to further improve your operations. This fee- and performance-based approach makes it easy for you to continually benefit from the latest Industry 4.0 and IoT technologies without the need for significant upfront investment, as well as reducing your risks.