Fresh ideas circulate at innovation event

| Industry News

Schaeffler open inspiration event
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Researchers and industry professionals gathered recently at the Schaeffler Open Inspiration event to discuss new trends and developments.

From 3D printing and artificial intelligence through to networked driving systems: the objective of the “Open Inspiration” innovation fair, which took place in Schaeffler’s conference centre in Germany, was to exchange challenges and ideas. Innovative research centres, universities, businesses and startup companies presented their latest developments and research activities at the international event. Close collaboration has already been established with the majority of the 39 companies and institutions that took part.

Family shareholder Maria-Elisabeth Schaeffler-Thumann and her husband, Jürgen Thumann, together with Georg F W Schaeffler, Chairman of the Supervisory Board, learned about new trends and developments during a tour of the event and were impressed by the broad range of exhibits on display.

No future without innovation

“Innovations are a crucial prerequisite for safeguarding our future. New ideas for products and services often develop through an intensive exchange of ideas between creative minds from different disciplines and organisations. Our “Open Inspiration” event is aimed at supporting and intensifying such contacts from which both Schaeffler and its partners can benefit. This is why I am delighted about how well received this event has again been this year,” said Prof Dr-Ing Peter Gutzmer, Deputy CEO and Chief Technology Officer at Schaeffler.

More than 600 Schaeffler employees exchanged ideas and thoughts with exhibitors on the four megatrends: urbanisation, digitalisation, globalisation and climate change. It was by intention that developments were also presented that go far beyond Schaeffler’s day-to-day business. In his speech, Prof Dr-Ing Tim Hosenfeldt, Senior Vice President Corporate Innovation at Schaeffler emphasised: “In the digital age, it is people collaborating with openness and enthusiasm beyond corporate boundaries who are a decisive and crucial factor for successful innovations.”

Innovation is an integral part of “Schaeffler’s DNA”. Ever since the company was founded, thinking outside the box has always been one of the most important success factors. In a world of increasing complexity, two things are therefore needed: a strong network of partners from the areas of industry and research, and a dynamic exchange across organisational boundaries.

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