31 Oct:  Automotive and industrial supplier Schaeffler Australia has welcomed its global parent company’s acquisition of Autinity Systems, an IT company that specialises in machine data recording and evaluation.

Condition monitoring of machinery and equipment as well as digital networking in production are of great interest to both Schaeffler’s internal and external customers throughout Australia and New Zealand, said Mark Ciechanowicz, Industrial Services Manager, Schaeffler Australia.

These include key Schaeffler Australia markets, among them bulk materials handling; mining and energy production; food, beverage and primary processing; and broader industrial and road and rail machinery systems.

The company noted that the purchase of 100 per cent of Autinity shares, completed this month, is an important step in implementing Schaeffler’s global and local digital agenda, with Autinity specialising in digital condition monitoring and machine data recording.

“Schaeffler has been using software solutions by Autinity for many years now,” said Ciechanowicz. “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 essential elements of Schaeffler’s digital agenda, which are in strong demand both from internal and external customers.”

| A L&MH release  ||  October 31,  2017   |||