- Letter of intent for cooperation signed by Schaeffler and Perpetuum
- No purchase necessary: New mileage-based payment model for axlebox bearings
- Significantly longer maintenance intervals and reduced operating costs
- Digital solution allows mileage of Schaeffler bearings to be guaranteed
Dr. Stefan Spindler, CEO Industrial at Schaeffler, emphasized the significance of this cooperation: “The sale of operating hours instead of engines has long proven to be an effective solution in the civil aviation sector, and together with Perpetuum, we are now set to bring the same solution to the railway industry. The negotiations currently taking place with various operators show that we have hit on exactly what the sector is looking for with this business model.”
Steve Turley, CEO of Perpetuum added: “We are focused on revolutionizing the rail industry by helping clients to improve performance and efficiency, minimize disruptions, and deliver seamless passenger experiences, while also benefiting from significant cost savings. We are delighted to be working with Schaeffler in providing the market with commercial, as well as technical, innovation.”
Perpetuum will contribute their battery free wireless condition monitoring systems which can easily be retrofitted in existing rail vehicles included in this cooperation. The “Bearing Health Index” that is digitally generated using Perpetuum analytics will be augmented by the rolling bearing expert Schaeffler with information about the bearings’ remaining operating life – based for example on axlebox bearings returned from the field for reconditioning – and maintenance measures that are actually required; Schaeffler will also organize the timely provision of replacement parts.