October 30, 2007 © SKF Group Slide 1

SKFComponent Supplier to Knowledge Engineer

VINNOVA Annual Conference

27th November 2013

Alan Begg

Senior Vice President

Group Technology, SKF

October 30, 2007 © SKF Group Slide 3

SKF – A truly global company

Established 1907

Sales 2012 SEK 65Bn

Employees 47,000

Production 28 countries

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SKF's Platforms

Seals

Bearings and units

Lubrication systems

Mechatronics

Services

SKF is innovating in all platforms, and across platforms, to reduce friction losses

October 30, 2007 © SKF Group Slide 5

SKF Group Vision

To equip the worldwith SKF

knowledge

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The Vision for Technology

Knowledge engineering and enhancing the value of the offering to the customer are critical to our future

success

Technical leadership is the key

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Outstanding innovation – we still make them!

Innovation since 1907

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What is Knowledge Engineering?

Components

Systems

SolutionsReward

Risk

Required knowledge

The 3 ‘R’s of a Knowledge Engineering Company

Assemblies

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Technology and the Product Life Cycle

Emerging

Growth Volume

Strategy driven

direction

Technology driven invention

Customer driven

innovation

Key new opportuniti

es - IP

Incremental value

adding business

High growth,

high margin differentiati

on

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Innovation Board

Major Step-Change Projects

• Strategic projects

• Limited number (5 – 10)

• Major focused investment

• Innovation Board

– Senior team in SKF – chaired by CEO

– “Game changing” opportunity

– Radical, but clear fit with SKF

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Lightweight wheel hub

• Thin section bearing steel components

• Bulk in aluminum alloy

• Passed all lab tests

• Now in customer acceptance trials

Target – take 30% out of weight at no extra cost

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Autonomous condition monitoring

• SKF is the world leader in Condition Monitoring

• New technologies evolving

• Power harvesting

• Wireless data transmission

• Novel sensors

Target – create a stick-on patch to provide condition monitoring

October 30, 2007 © SKF Group Slide 13

Bearings – at the heart of the machinery“Heartbeat”- the indicator of machine

condition

Online protection

Portable analyzers

Surveillance, analysis and protection

Online surveillance

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SKF InsightTM

+

Condition Monitoring Technology

Asset Diagnostic Capabilities

Miniaturisation

Wireless

Self-powered

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