Heavy Industry

At the recent Association of Equipment Management Professionals (AEMP) Management Conference and Annual Meeting, Caterpillar’s strategic development manager presented the first ever session on telematics for heavy equipment. Citing the demise of Kodak, Gerald Green stressed the importance of embracing telematics as a disruptive technology to enhance maintenance and mitigate risk. To test their detailed…

According to Vodafone’s “M2M Adoption Barometer 2014”, “servitization” is part of the next wave of the M2M evolution and it is the process where equipment manufacturers make the shift from selling machines to selling the service.  “Servitization” is not a new concept by any stretch. For example, heavy-equipment manufacturer Caterpillar has “servitized” their business by…