The momentum continues for small companies to be swallowed up by large corporates as intrepreneurship fails to work within the large corporates.
Every industry is affected, Mining now looking to better predictive analytics.
Caterpillar and Uptake will co-develop “predictive diagnostics” tools for the larger company’s customers. (Uptake says it is also working with other players in insurance, automotive and healthcare, though it won’t disclose other names.) The idea? To take the mountains of data spewing from bulldozers and hydraulic shovels and turn it into meaningful information that can help Caterpillar’s customers catch potential maintenance issues before breakdowns occur, minimizing downtime.
http://fortune.com/2015/03/05/caterpillar-digs-in-to-data-analytics-investing-in-hot-startup-uptake/
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