SKF Group is the leading global supplier of products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems. Services include technical support, maintenance services, condition monitoring and training.

Vision

To equip the world with SKF knowledge

Mission

To strengthen SKF's global leadership and sustain profitable growth by being the preferred company:

• for our customers, distributors and suppliers
• for our employees
• for our shareholders

Drivers

• Profitability
• Quality
• Innovation
• Speed
• Sustainability

Values

• Empowerment
• High ethics
• Openness
• Teamwork

The SKF vision is "To equip the world with SKF knowledge". To take the knowledge from over 100 years of operation to develop and deliver products, services and solutions which enable customers to develop their business successfully and profitably. SKF knowledge can be defined as the combination of the following three dimensions.

The geographic dimension - global and local presence

SKF is a global company with a local presence which has primarily been in place since the early years of the SKF Group. Wherever customers are located local expertise, supported by global industrial specialists and technical experts, combine the required SKF competences to be able to make a specific offer for that customer which meets his local needs. The global experts draw upon knowledge and successes from similar industries worldwide.

The customer dimension - industries and segments

SKF's customers can be found in very many industries and industry segments, currently defined as around 40 specialized segments. Each customer and segment has different technical and commercial challenges. Working in so many different industries enables SKF to both develop specific products and services for each industry and also to take knowledge from one industry and apply it in another industry.

The competence dimension - technology platforms

SKF's five technology platforms are Bearings and units, Seals, Mechatronics, Services, and Lubrication Systems. SKF's specialist teams in each platform work closely together with the segments and sales organization to provide advanced integrated solutions to meet the customers' needs to develop new products, to improve their production efficiency and to improve their competitiveness and profitability.

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Using all three dimensions to build customer value is what SKF call "The power of knowledge engineering".