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Schaeffler AG Industriestraße 1-3 91074 Herzogenaurach, Germany http://www.schaeffler-group.com
Contact Mr Christoph Beumelburg +49 9132 825000
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Schaeffler AG

Schaeffler and Factory Berlin Enter Cooperation Agreement

Platform for Digitalization and Innovation Initiatives

(PresseBox) (Berlin/Herzogenaurach, )
Sharing information with startups, medium-size companies and corporations - this is how Schaeffler is hoping to benefit from a new cooperation: Representatives for Schaeffler and the Factory Berlin startup campus have signed a cooperation agreement for a so called “innovation hub.” It is intended to offer automotive and industrial supplier Schaeffler a professional environment and ideal resources for its digitalization and innovation initiatives.

For its partners, Factory Berlin is a platform used for networking and cooperation. Corporations and medium-size companies can come here to get support for the transformation and digitalization of their business models. As a partner, Schaeffler provides its experience from being a global technology company while also benefiting from the expertise of the participating startups.

“Factory Berlin is an ideal place for sharing information with young companies and digital talents across industry borders and shaping the future of mobility together. It is an inspiring environment with a startup spirit where we can continuously drive our digitalization and innovation topics,” Professor Tim Hosenfeldt, Senior Vice President Corporate Innovation at Schaeffler, is pleased to report about the atmosphere and the startup spirit at the Factory.

Schaeffler actively drives digitalization, one of the core focal points of its "Mobility for tomorrow" strategy. One of the focal points is to expand existing business models and to develop new business models. “Digitalization requires the creation of an ecosystem. Through Factory Berlin, we want to cooperate more closely with startups to implement our digital strategy - the ‘Digital Agenda’ - in a target-oriented fashion, quickly and with the right partners,” said Gerhard Baum, Chief Digital Officer of Schaeffler AG. In Schaeffler’s case, the digital ecosystem includes the cooperation of suppliers, partners, customers, universities, research institutions and innovative startups. The focus here is on creating new digital services for customers.

As a startup campus, Factory Berlin brings together startups and well-established technology companies, spread out over 16,000 square meters (3.4 acres) of office space. Online music platform SoundCloud and American mobility platform Uber have offices on the campus. Besides the big names, there are also small companies that work at the Factory.

Udo Schloemer, CEO and founder of Factory Berlin, stresses the importance of Schaeffler as its partner: “At the Factory, we bring together startups, corporations and medium-size companies, and together we shape the digital world. With Schaeffler as our partner, our community will be complemented by a mobility expert that has understood the potential of innovations for corporate success.”

About Factory Berlin

Founded by CEO Udo Schloemer in 2011, Factory Berlin operates Germany’s largest startup campus in Berlin Mitte. Covering more than 16,000 square meters (3.4 acres) of floor space, the Factory brings together global technology companies with startups such as SoundCloud, Uber and Twitter, as well as young talents. The community’s members receive support for partnerships, continuing professional training and cooperation opportunities and have access to Factory Berlin’s office and event space.

For more information go to www.factoryberlin.com

 

 

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Schaeffler AG

The Schaeffler Group is a leading integrated global supplier to the automotive and industrial sectors. The company stands for the highest quality, outstanding technology, and strong innovative ability. Its precision components and systems for engines, transmissions, and chassis as well as rolling and plain bearing solutions for numerous industrial applications make the Schaeffler Group a key contributor to "Mobility for tomorrow." The technology company generated sales of approximately 13.3 billion euros in 2016. With around 85,000 employees, Schaeffler is one of the world's largest companies in family ownership. It has a worldwide network of manufacturing locations, research and development facilities, and sales companies at approximately 170 locations in over 50 countries.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.