Thermax and Schaeffler India have signed a memorandum of understanding (MoU) to integrate their digital platforms for industrial energy and reliability management. The partnership will combine Schaeffler’s OPTIME®, a condition-based monitoring system, with Thermax’s EDGE Live®, an industrial process optimization platform.
OPTIME® includes vibration sensors and lubrication systems designed for predictive maintenance, while EDGE Live® offers energy management tools and asset performance monitoring. By linking these technologies, the collaboration aims to enhance asset health monitoring, improve operational efficiency, and support maintenance optimization across industrial sectors.
The partnership will leverage Thermax’s Customer Success Operations Centres in Pune and Chennai along with Schaeffler’s service network to provide monitoring solutions. The MoU was signed by Seshan V Iyer, President of Bearings & Industrial Solutions at Schaeffler India, and Amit Rakesh Sethi, Chief Digital and Information Officer at Thermax.