Caterpillar Inc. and StatSoft Inc. are collaborating to develop and market software solutions for the modeling, optimization and simulation of complex manufacturing processes.
The software will be based on the integration of Caterpillar’s analytic processes with StatSoft’s STATISTICA enterprise analytics software. StatSoft will market and support the software package beginning late this year or early next year.
Caterpillar’s analytic processes are used to effectively simulate, predict and optimize the outcome of complex manufacturing processes. The software solutions are expected to allow organizations to:
- Simultaneously monitor large numbers of process parameters
- Reduce time and expense by predicting likely failures before they actually occur in final product testing
- Perform effective root-cause analysis for determining causes of quality or performance problems
- Enable “what-if” analyses and optimization
“Caterpillar is recognized worldwide for designing and manufacturing machines and engines,” says Mark Pflederer, chief technology officer and vice president of Caterpillar’s technical services division. “What isn’t widely known is the tremendous amount of technology coming from our research and development team that makes those industry-leading products a reality. The alliance with StatSoft is an example of adding value to Caterpillar’s research accomplishments by commercializing selected technologies for potential use in other industries.”
“This partnership will combine and leverage the know-how of Caterpillar for creating and implementing efficient and high quality solutions for manufacturing and logistics with StatSoft’s cutting-edge, open-architecture STATISTICA enterprise software technologies and predictive analytics,” says Thomas Hill, vice president of product development at StatSoft. For more information, go to www.statsoft.com.
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