Follow us


Aboneaza-te la newsleter

International

CATERPILLAR AND TRIMBLE ANNOUNCE CHANGE TO JOINT VENTURE PROVIDING GREATER FLEXIBILITY AND CUSTOMER FOCUS

CATERPILLAR AND TRIMBLE ANNOUNCE CHANGE TO JOINT VENTURE PROVIDING GREATER FLEXIBILITY AND CUSTOMER FOCUS

Caterpillar Inc. (NYSE: CAT) and Trimble Inc. (NASDAQ: TRMB) are announcing the restructuring of their VirtualSite Solutions LLC (VSS) joint venture (JV), so that each company can accelerate the development of technologies and solutions aligned to their strategic initiatives. Over the next several months, Caterpillar will assume control of VSS and integrate its line of products, including VisionLink®, into a broader digital portfolio and future fleet management services.

“Trimble and Caterpillar have a 25-year partnership, which continues to enable each of us to grow our digital capabilities and provide industry leading solutions to customers around the world,” said Ogi Redzic, Caterpillar’s Chief Digital Officer. “The change in the VSS structure will allow Caterpillar to develop a holistic digital solution across all industries we serve while leveraging a common platform to manage mixed-fleet data.”

Since 2008, VSS has served the dual mission of providing factory integrated condition monitoring distributed by Caterpillar along with the development of mixed-fleet, machine agnostic aftermarket connectivity solutions distributed by Trimble.

“The VSS restructuring will allow each company to pursue strategies that will deliver the greatest return for customers,” said Bryn Fosburgh, Senior Vice President of Trimble. “Trimble will independently focus on providing our customers with telematics solutions tied to geospatial-based services that improve the productivity of machines and non-machine assets on the site, regardless of manufacturer, as part of Trimble’s Connected Construction strategy.”

Caterpillar and Trimble remain committed to other joint projects that are not affected by this restructuring, which include Caterpillar Trimble Control Technologies (CTCT) and the SITECH® distribution channel. 

International

Recent Posts:

While the construction equipment sector has been heavily affected by the COVID-19 outbreak in most countries, the manufacturing companies resumed working in China. The Haulotte Chinese subsidiary is getting busier and busier with machine deliveries to meet customers demand. Flying start for Haulott...


Citeste mai mult

​The health and well-being of customers and staff is IVECO’s priority, and its workshops are implementing the government’s hygiene and safety guidelines.The IVECO brand thanks all the mechanics, technicians, transporters and drivers for their tremendous effort and commitment to maintai...


Citeste mai mult

The harshness of the environment can seriously affect a generator set's performance, so adapting it to the environment and taking a series of extra measures allows for top performance, regardless of where the project is carried out."It is not the strongest of the species that survives, nor the most ...


Citeste mai mult

The outbreak of the novel coronavirus (COVID-19) has strongly impacted developments in Russia. Following the directives of the Government of the city and region of Moscow to prevent and control the virus from spreading, Messe München was compelled to postpone bauma CTT RUSSIA, which was planned...


Citeste mai mult