Schaeffler buys Autinity Systems


The Schaeffler Group has been consistently implementing its digital agenda. This includes the takeover of autinity systems GmbH in early October 2017. The Chemnitz-based IT company specialises in digital machine data recording and evaluation.

A decisive factor for the digitalisation of production is the availability of machine data and the near real-time recording thereof, as well as storage and analysis. For this reason, Schaeffler is focusing on a technically simple and scalable integration of machines and equipment into a digital ecosystem for its production. Moreover, available analysis technologies are to be made applicable to production data.

Gerhard Baum, Chief Digital Officer for Schaeffler, said: “We have been using software solutions by autinity for many years now. The acquisition of this company will help us to intensify our collaboration and accelerate further developments in the fields of machine data recording and condition monitoring. Both topics are key elements of Schaeffler’s digital agenda, which are in strong demand from both internal and external customers.”

As part of its ‘mobility for tomorrow’ strategy, Schaeffler has defined digitalisation as a core future opportunity. Establishing internal structures, the partnership with IBM, the cooperation with the Friedrich-Alexander University (FAU) of Erlangen-Nuremberg (SHARE at FAU), the active involvement in the industrial data space in collaboration with the Fraunhofer Institute and the takeover of autinity are important components in implementing Schaeffler’s digital agenda. Schaeffler is currently working on 30 digitalisation projects. The number of projects is planned to double by next year.

The acquisition of autinity is part of the mergers and acquisitions (M&A) strategy adopted by the Schaeffler Group. This supports the strategy ‘mobility for tomorrow’ by providing additional technological capabilities for industrial and automotive industries in seven strategic focus areas.