Since its establishment in Sweden in 1907, SKF has been a leading global technology supplier in 130 countries. We have a strong ability to continuously research and develop new technologies, and use our technology to provide customers with competitive advantage products such as bearings and bearing units, seals, mechatronics, services, and lubrication systems.

SKF's products and services are ubiquitous in society. Wherever there is' movement ', SKF solutions are used. SKF takes environmental protection as its responsibility, leading the future of digitization, electrification, and cleanliness.

SKF's six key areas of focus: digital sales, new business models, innovation, world-class manufacturing, future workforce, and clean technology. Reduce service costs and improve user experience through digital sales. The new business model is not only about selling bearings, but also combining products and knowledge to provide performance turnkey services. Customer oriented, innovation based on real application scenarios. For example, SKF verifies bearings, builds cars to verify bearings, studies customer needs, and considers them from the customer's perspective.

In order to maintain a leading position, SKF must provide the market with a wide range of innovative and cost competitive application driven zero defect products. SKF must become a business partner capable of providing a better collaborative experience and excel in the manufacturing and supply chain fields.

Rotating Equipment Performance (REP) relies on the REP value proposition of a paid service model, and SKF is committed to helping customers achieve maximum output at the lowest cost while ensuring safe operation and significantly reducing environmental impact.

SKF's early vision was to equip the world with SKF's knowledge. Product oriented. The three dimensions of a product are the right cost, the right time, and the right product. Later, it was transformed into a performance turnkey, fee based service model, providing appropriate solutions, appropriate performance, and appropriate Total cost of ownership.

Trial promotion of platform based service subcontracting based on SKF core capabilities in November 2019. Sijia Service collaborates with internal organizations and external partners to establish a solution system and system architecture that connects online and offline, transforming customers' successful journey into data-driven science to flexibly adapt to different business scenarios, drive business growth, improve operational efficiency, and empower partners.

SKF 4U integrates SKF's technological advantages with digital innovation and applies it to business model transformation, product and service form transformation, and management and operation transformation, achieving efficient collaboration between product and service flow, data flow, and cash flow, reducing waste in business operations, empowering partners and customers, and jointly building a new digital ecosystem.

In the past, B2 (to) B, products became increasingly complex and sold to customers. There were fewer and fewer customers who could use the products well, resulting in an increase in usage costs. The design and use of products required experts, which wasted overall social resources. B4 (for) B, the supplier itself is a product expert, and on this basis, provides usage services and performance turnkey to improve the overall efficiency of the product.

SKF's transformation team includes three categories: familiarity with digitalization, product knowledge and traditional experience, business unit leader, application/machinery/product engineering, and integration of digitalization and enterprise transformation. SKF's understanding of rotating equipment in the mechanical field, predictive maintenance, offline remanufacturing, comprehensive capabilities in product and lubrication, together building a digital ecosystem, and providing performance turnkey services. For example, the status of key parts of wind turbines needs to be tested every 8 to 12 months, and the operation and maintenance of wind turbines are complex. By combining offline service capabilities, product portfolio, information based status monitoring, and equipment diagnostic capabilities, the overall performance package is made.

Answer：To promote the challenge of digitalization, there is a shortage of people in the actual implementation process. Traditional large enterprises need such people to understand the domain knowledge of products, the nature of business, and be able to communicate with the outside world. Interact with customers, combine online and offline, understand the industry and application scenarios, understand the true application scenarios of customers, and think about transformation and innovation based on core values.