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SKF targets full carbon-neutral manufacturing by 2030

31st July 2020 Bearing manufacturer SKF is aiming to have its factories carbon neutral by 2030, the Swedish group has announced. The company has already decreased its manufacturing carbon footprint by 36% since 2015 and is operating two carbon-neutral factories.  

Automated Machine Learning is the Rising Star of AI-Driven Industrial Analytics

10th July 2020 At SKF AI, we want to make AI-Driven Industrial Analytics and its benefits to process accessible to all manufacturers, no matter how many data scientists they have on staff. To that end, our SKF Enlight AI maintenance 4.0 solution is built on Automated Machine Learning (AutoML). Freddy Hernandez,... 

SKF appoints new Southern Africa MD

19th May 2020 Boksburg-based bearings, seals and lubrication systems company SKF Southern Africa has appointed Burak Özyurt as its new MD, with immediate effect. After working for Turkish household appliances company Arcelik (known locally as Defy), he joined SKF in 2012 as an application engineer in Turkey... 

SKF collaborates with wireless specialist LumenRadio to enhance automated machine monitoring

12th May 2020 By collaborating with wireless specialist LumenRadio, SKF has developed a new wireless sensor as part of a condition monitoring system for improving rotating equipment performance programs on a scale previously considered uneconomic. LumenRadio began in areas such as professional lighting, its... 
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Project launched to define role of finance in South Africa and India’s ‘just transitions’

A new multi-partner initiative has been launched with the aim of defining the role that finance can and should play in supporting both South Africa and India’s aspirations to implement “just transitions” to more climate-resilient economies. The ‘Just Transition Finance Roadmaps in South Africa... 

Ramaphosa forms inter-ministerial committee on vaccines, to be led by David Mabuza

President Cyril Ramaphosa has established an inter-ministerial committee to oversee the roll-out of Covid-19 vaccines in the country. Ramaphosa announced this at a Zoom meeting of the ANC's Progressive Business Forum on Tuesday.  
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