Caterpillar boosts investment in 3D software joint venture
- Written by SPAR Point Group staff
Trimble's VisionLink web apps to provide 'unified fleet solution' for contractors
"The agreements demonstrate both companies' commitment to providing a brand-agnostic information solution to contractors with mixed equipment fleets," said Bryn Fosburgh, vice president of Trimble's construction technology divisions.
Another joint venture the two firms maintain is Caterpillar Trimble Control Technologies LLC (CTCT). Established in 2002, CTCT develops 3D and conventional machine control systems that use construction site design information combined with Trimble’s positioning technology to automatically control dozer blades and other machine tools.
Caterpillar also collaborates on Trimble’s SITECH global distribution network, where dealers represent Caterpillar’s machine control systems and Trimble's portfolio of site positioning systems.
Caterpillar, headquartered in Peoria, Ill., generated $65.9 billion in 2012 sales. Sunnyvale, Calif.-based Trimble (Nasdaq: TRMB) uses positioning technologies - GPS, lasers and optics - to focus on applications requiring position or location, including surveying, construction, agriculture, fleet and asset management, public safety and mapping. Trimble’s 2012 sales were over $2 billion.