How do bearing manufacturers take advantage ?

Rosalyn Bearing 

Bearing manufacturers need to continuously work with their customers to understand their challenges and shortcomings. Simultaneously, bearing suppliers need to encourage an innovative culture among their technical teams so that they are able to provide innovative and sophisticated solutions to meet the demands and challenges faced by the customers.

In order to develop smart bearings, manufacturers must work towards establishing partnerships with IIoT platform providers and analytics solution providers to integrate these capabilities to develop smart bearings. With such partnerships in place, bearing manufacturers will be able to widen their solution portfolios to include bearings service (such as predictive maintenance) and thereby, increase their revenue. This will be important for bearing manufacturers in Asia to differentiate themselves from low-priced bearing imports and sustain their revenues.