SKF Success Story
The successful history of SKF began in 1907 when engineer Sven Wingquist invented and patented spherical roller bearings. In the same year, the first bearing factory started operating in Gothenburg, and within a few years, SKF bearings became available in almost every corner of the world, from native Germany to Australia. The locations of factories expanded rapidly, research laboratories were established, and trade records were achieved.
In 1915, SKF founded a subsidiary bearing manufacturing company – Volvo, whose brand and name marked the products produced by the company – bearings, transmissions, railway equipment, bicycles. What Volvo is nowadays, probably everyone knows.
SKF is the world’s largest bearing manufacturer, employing 44,000 people in 108 divisions. There are 17,000 official distribution points in 130 countries. The company manufactures and supplies bearings, seals, mechatronics and power transmission products, equipment condition monitoring programs, lubrication systems, and all related services and maintenance products.
One of the biggest SKF innovations today is the remote monitoring and analysis of your equipment, thanks to embedded software sensors. Artificial intelligence-managed large streams of data allow conclusions to be drawn about the performance of your equipment, eliminating the need for time-consuming manual work. For industries such as aviation, agriculture, automotive, food, shipping, metal processing, cement, textiles, oil and gas, paper and wood, railways, wind energy.