Articles

IoT And Big Data At Caterpillar: How Predictive Maintenance Saves Millions Of Dollars

When it comes to big data and Internet of Things (IoT) initiatives most companies are still in the design or early adoption phases which make it hard to get a solid return on investment (ROI) figures.

So it’s refreshing to share a story of an organization delivering real-world ROI for their customers by vastly ramping up their data collection and predictive maintenance analytics. The Marine Division of Caterpillar serves fleet operators of tug boats and shipping vessels for whom fuel usage often drives the bottom line.

Source: forbes.com
Author: Bernard Marr

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