Caterpillar develops new digital technology strategy

Caterpillar has launched “The Age of Smart Iron”, its new strategy to be the industry leader in efficient, productive, safe, and profitable digital solutions.

Doug Oberhelman, Caterpillar’s chairman and CEO, unveiled the technology at this years’ bauma.

Among the tools and products featured was the Cat Connect Technology which included Link, which captures performance and product health data and makes them available the web; Grade and Compact, which helps operators move material faster and more accurately and Payload, an on board system for trucks to provide more efficiency and shorter cycle times.

Caterpillar group president Rob Charter said, “This is not technology for technology’s sake. It is technology that’s focused on solving, and even anticipating, customer problems.”

“We’re taking the machines, locomotives, engines and, parts we’re so well known for and making them smarter, while also equipping the people who operate them with data that makes them more productive, enhances safety, and improves sustainability.”

Other products showcased included the 966 XE wheel loader and three pavers – AP300F, AP355F, and AP555F – which are built with a quick heating screed system that reduces idle time and increases productivity.

They also featured the 6015B hydraulic shovel, suitable for loading Cat 773, 775, and 777 trucks.

Oberhelman outlined the company’s strong foundation in machinery as a distinguishing feature from companies also focused on digital technology.

“We’re already doing it. We have approximately 400, 000 connected assets and an installed base of three million machines and engines at work around the world today. That foundation gives us a head start, and we’re building on it,” he said.

He went on to say that their vision was to enhance their technology so that each machine and device shared data on one common technology platform.

“I can’t wait to see what that means for our customers – and for us.”

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