Caterpillar Inc. recently entered into a strategic alliance with Modustri to help customers optimize parts performance and further understand the health of their equipment.

Caterpillar and Modustri will work together to develop innovations that enhance customers' abilities to measure wear on parts, which in turn will help them optimize their fleets more effectively.

"We are at the forefront of a revolution in the heavy equipment industry," said Greg Folley, vice president of the newly formed analytics and innovation division at Caterpillar. "Emerging technologies are changing the way we can help customers maintain a competitive advantage and achieve new levels of equipment productivity and profitability. Our alliance with Modustri will be key in making this happen."

By utilizing Web-based and mobile platforms, the companies will deliver simplified processes that provide customers accurate and immediate access to useful, real-time data while still in the field.

"We've seen how mobile technology can change the behaviors of customers," said Brian Steketee, founder and CEO of Modustri. "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."

In the coming months, Caterpillar will collaborate with Modustri and the Cat dealer network to create equipment wear management technologies through Web-based and mobile platforms, which will then be available for customer use.

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