Caterpillar Inc. – Digital Transformation Strategies
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Caterpillar Digital Transformation Strategies Report Overview
Caterpillar uses emerging technologies as a part of its digital transformation strategies. The annual ICT spending of Caterpillar was estimated at $2.6 billion in 2022. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Caterpillar is a manufacturer of construction, transportation, and energy equipment. It designs, manufactures, markets, and sells construction and mining equipment, industrial gas turbines, forestry equipment, diesel-electric locomotives, and diesel and natural gas engines. The company’s product portfolio includes asphalt pavers, backhoe loaders, compactors, draglines, integrated systems, reciprocating engines and many other.
Total ICT Spending 2022 | $2.6 billion |
ICT Spend by Function | Communications, Data Center, Network, Application, End-User Computing, Service Desk, and Management |
ICT Spend by Channel | Internal Development and Maintenance, Technology Vendors (Direct), Local Resellers, Telcos, ICT Services Providers/Consulting Firms, Specialist Outsourcers, and Systems integrators |
External ICT Spend by Segment | ICT services, Software (including Cloud SaaS), Hardware (including Cloud Iaas), Network and communications, Consulting, and Others |
Technology Theme Focus | Artificial Intelligence, Big Data, Cloud, IoT, and Alternative Reality |
The Caterpillar Digital Transformation Strategies report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. Information included in these reports are sourced from a mix of our very own internal database and authentic secondary research links such as company’s annual report, presentations, press releases etc. The report covers overview of the company, its digital transformation strategies, technology focus areas, technology initiatives, technology introductions, partnerships, acquisitions, ICT spending among others.
Caterpillar Technology Initiatives
Caterpillar has been involved in several strategic technology partnerships and collaborations, technology developments and roll outs over the past few years. For instance, Caterpillar collaborated with Luck Stone, a producer of crushed stone, sand and gravel, to deploy Caterpillar’s autonomous solution to latter’s Bull Run quarry in Chantilly, Virginia. Caterpillar will implement its existing Cat MineStar Command for Hauling system at the Bull Run quarry, on a fleet of 777G trucks. This will allow Caterpillar to gain greater insights on quarry operations to tailor the next generation of autonomous solutions specific to quarry and aggregate applications.
For more insights on other technology initiatives of Caterpillar, download a free report sample
Caterpillar ICT Spend by Function
- Communications
- Data center
- Network
- Application
- End-user computing
- Service desk
- Management
Caterpillar ICT Spend by Function, 2022
For more insights on ICT spending by function, download a free report sample
Caterpillar ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/Consulting firms
- Specialist outsourcers
- Systems integrators
Caterpillar ICT Spend by Channel, 2022
For more insights on ICT spending by channel, download a free report sample
Caterpillar External ICT Spend by Segment
- ICT services
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- Network and communications
- Consulting
- Others
Caterpillar External ICT Spend by Segment, 2022
For more insights on external ICT spending by segment, download a free report sample
Scope
This report provides:
- Insight into Caterpillar’s technology activities.
- Insights of its digital transformation strategies and technology center & innovation program.
- Overview of technology initiatives covering product launches, partnerships, investments, and acquisitions.
- Insights on each technology initiative including technology theme, objective, and benefits.
- Details of estimated ICT budgets and major ICT contracts.
Reasons to Buy
- Gain insights into Caterpillar’s technology operations.
- Gain insights into its technology strategies and innovation initiatives.
- Gain insights into its technology themes under focus.
- Gain insights into its various product launches, partnerships, investments, and acquisitions.
CalAmp
Seeing Machines
Guardhat
Luck Stone
ioneer
Cashman Equipment
South Dakota School of Mines and Technology
Fluidmesh Networks
Infosys
Lithos Energy
Praemo
Minetec
Table of Contents
Frequently asked questions
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What was the total ICT spending of Caterpillar in 2022?
The annual ICT spending of Caterpillar was estimated at $2.6 billion in 2022.
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Which was the leading ICT spending category by function for Caterpillar?
Data center was the leading ICT spending category by function for Caterpillar in 2022.
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Which was the leading ICT spending category by channel for Caterpillar?
Internal development and maintenance was the leading ICT spending category by channel for Caterpillar in 2022.
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Which was the leading ICT spending category by segment for Caterpillar?
Software (including cloud SaaS) was the leading ICT spending category by segment for Caterpillar in 2022.
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What are the key technology themes in focus for Caterpillar?
The key technological theme in focus for Caterpillar are artificial intelligence, big data, cloud, IoT, and alternative reality.
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