As part of their ongoing commitment to transforming the way contractors view jobsite productivity and the way they manage their businesses, Caterpillar and Trimble announced new agreements that will bring complete, technology-enabled construction solutions to the market. The VirtualSite Solutions joint venture is changing to an equal ownership of 50:50. Before these new agreements, VirtualSite Solutions was owned 65 percent by Trimble and 35 percent by Caterpillar.
"Revisions to our joint ventures represent a commitment to continue to provide more integrated solutions for the customer worksite," said Barbara Cox, Caterpillar's senior communications rep for the joint venture. "Current applications within VisionLink have been focused on basic fleet management. New applications will focus more on asset utilization and productivity. This will give both the Cat dealer and SITECH Technology dealer access to more technology tools to enhance their relationship with customers."
The new Cat/Trimble agreements enhance both companies’ efforts to serve global customers with technologies and services across a contractor’s entire equipment fleet, regardless of brand.
“Caterpillar has worked with Trimble since 1996 to optimize site productivity through a revolutionary suite of grade control solutions, differentiated by industry-leading machine integration straight out of our manufacturing plants, mixed fleets’ aftermarket systems and through our world-class distribution network,” said Hans Haefeli, Caterpillar vice president with responsibility for the Advanced Components and Systems Division.
Since 2008, Caterpillar and Trimble have expanded their collaboration to bring both fleet management and site productivity solutions to the customer’s office and job site through the VisionLink suite of applications. With today’s new agreements, the companies are further investing in their combined commitment to develop these products, expand the range of productivity applications and services, and bring a comprehensive unified fleet solution to the contractor.
For Caterpillar, the strategic partnership with Trimble provides a site level, unified fleet focus to the Cat Connect portfolio of products and services. Cat Connect leverages connectivity to more than 250,000 Cat machines globally. These machines can be monitored by customers to improve their fuel consumption, maintenance, productivity and overall fleet availability.
The latest agreements will strengthen Caterpillar’s already world-class distribution capability and enhance collaboration with Trimble’s SITECH Technology dealers, the only global distribution network dedicated to providing a comprehensive construction technology portfolio to the heavy and civil contractor.
“The agreements demonstrate both companies’ commitment to providing a brand agnostic information solution to contractors with mixed equipment fleets,” said Bryn Fosburgh, vice president responsible for Trimble’s construction technology divisions. “This unified fleet solution is enabled by VisionLink, which integrates a wide range of site and machine information elements to give customers a holistic view of their site. It’s a powerful tool that unlocks new levels of productivity and improves operation efficiency.”