Caterpillar Inc. announced it has entered into a strategic alliance with Modustri, a Michigan, USA-based provider of service and measurement technologies for use in the field, to help its customers optimize parts performance and further understand the health of their equipment. Cat and Modustri said they will work together to develop innovations that enhance customers’ abilities to measure wear on parts.

Using Web-based and mobile platforms, the companies said they will deliver simplified processes that provide customers accurate, immediate access to useful, real-time data while still in the field. This technology could save customers time and money by proactively helping Cat dealers and customers better measure wear rates and manage wear parts replacements, including those from other suppliers.

“We’ve seen how mobile technology can change the behaviors of customers; now we can see groundbreaking hardware and software that can help dealers interact with customers, build trust, and plan ahead for maintenance and parts replacements,” said Brian Steketee, founder and CEO of Modustri.

“We are at the forefront of a revolution in the heavy equipment industry,” said Greg Folley, vice president of Cat’s newly formed Analytics and Innovation Division. “Emerging technologies are changing the way we can help customers maintain a competitive advantage and achieve new levels of equipment productivity and profitability. Our alliance with Modustri will be key in making this happen.”