Caterpillar has entered a strategic alliance with Modustri. The two companies will work together to develop systems which to monitor and measure wear parts in the field.
The companies say they envisage a web-based system which will provide accurate real-time data on wear rates, allowing customers and dealers to take a proactive approach to maintenance, repair and replacement of these components.
Doug Hoerr, vice president of Caterpillar’s reman, components and work tools division said, “Our parts monitoring and management tool has been a leader in the equipment management industry for 75 years, but we’re always looking for ways to step up our game. Our relationship with Modustri will allow us to take advantage of emerging technology that gives our customers more information on parts and components to maximise uptime. The days of being reactive are over.”
Modustri founder and CEO Brian Steketee added, “We’ve seen how mobile technology can change the behaviours of customers; now we can see groundbreaking hardware and software that can help dealers interact with customers, build trust and plan ahead for maintenance and parts replacements.”