Caterpillar (NYSE:CAT) is nurturing a growing line of subscription data services that analyze information gathered from sensors attached to 500K of its machines.
"The data is as important as the machine providing it," Tom Bucklar, director of internet of things and channel solutions, told CIO Journal.
The idea is to offer customers tailored advice about how to run building and mining projects more profitably.
Now read: Caterpillar: Risky At These Levels »
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