Schaeffler and SPIT electrical mechanics have signed a Memorandum of Understanding at the Hannover Messe Industrie 2016 in order to express their common desire to combine their expertise, experience and services in the field of Asset Reliability Management.

They expect a fruitful cooperation in the field of services of rotating equipment such as motors, gearboxes and pumps. The collaboration is focused on the delivery of Schaeffler bearings and condition monitoring systems such as the FAG SmartCheck vibration analysis system. Users benefit from a new service from Spit resulting in extended equipment service intervals, data-driven predictive maintenance and highly reduced operating costs.

Schaeffler grants SPIT access to their new cloud-based data platform, in order to upload their condition monitoring data and to enrich the results of the various data analysis. This enables SPIT’s customers to benefit from the experience and analysis tools in the field of condition monitoring within the Schaeffler Group.

Extensive data input by SPIT contributes to expand the database of Schaeffler and thus improve the cloud solution. The combined expertise of both companies helps to predict on a qualitatively very high level when and why equipment fails.

Armin Kempkes, VP Services Industrial Sectors & MRO Europe Schaeffler: “We are proud that we can work closely together with SPIT. Thanks to their specific domain knowledge and our specific knowledge and expertise in the field of cloud-based condition monitoring, we expect that we can develop the area of ​​service products to the highest level”

Mark Ent, Managing Director of SPIT: ”Schaeffler and SPIT his perfect partners in the field of cloud-based condition monitoring and Schaeffler with the brands FAG and INA has the right products to allow for further developments. The additional knowledge of Schaeffler creates significant added value for our customers.”