Modustri and Caterpillar Inc. Launch Global Machine and Wear Management Platform for Dealers Worldwide

Platform Opens Doors for Market and Industry Expansion

GRAND RAPIDS, Michigan, Nov. 8, 2016 /PRNewswire/ -- Modustri [], a maker of analytics solutions for large scale deployments, today announced the launch of a global wear part and machine management platform for heavy duty equipment with Caterpillar Inc. The Cat® Wear Management System is now available to Caterpillar's dealer network worldwide and features tools that will enhance the dealers' abilities to measure wear on parts, optimize machine fleets more effectively, forecast parts needs, and maximize maintenance and service performance.

"Through our joint effort with Caterpillar, we're able to combine the power of web-based and mobile experiences with our ground-breaking hardware technology to deliver a platform that completes and amplifies wear part and machine management across the dealership," said David Hamady, Vice President of Sales and Marketing, who recently joined Modustri and brings 20 years of advanced technology and solutions sales experience. "Dealers are no longer confined to relying on silos of field inspections, and manual quoting and forecasting processes. Our strategic alliance with Caterpillar has created a platform that will revolutionize the industry by providing dealers and Caterpillar the ability to utilize data efficiently and predictively, lowering the cost to serve, increase customer experience, and maximizing asset uptime."

As Modustri brings this joint solution to industries beyond heavy equipment manufacturing, it is aiming to help companies gather and deliver data in a concise, meaningful way so it's easier for them to identify new opportunities for efficiencies, automating processes, and monitoring activities. Modustri has a unique approach to accessing and presenting data in creative and scalable ways that brings maximum business value. Caterpillar recognized this early on and as a result created a strategic alliance with Modustri to create a solution that can be deployed in the field. Together, Caterpillar and Modustri are working to fulfill Caterpillar's vision for the Age of Smart Iron [].

With pilots beginning in Q1 2017 across several industries, Modustri will further deploy the global wear part and machine management platform to collect data and drive actionable insights for manufacturing, heavy equipment (mining & general construction), energy, retail, and transportation industries across all geographies.

About ModustriModustri [] is a maker of large scale technologies that give customers insights into their business so they can make smarter, data-driven decisions, innovate faster, and uncover new opportunities for efficiencies. Our enterprise-class hardware, software and cloud solutions help companies visualize, measure, verify, compare and analyze performance activities for the industrial, retail, energy, transportation and other industries looking to better understand their business processes.

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