and have announced the extension of their joint venture (JV), focused on enhancing grade control technologies in the construction sector.
This move is set to accelerate innovation and customer adoption within the industry.
Since 2002, the Caterpillar Trimble Control Technologies JV has been providing specialised grade control products that enhance job site safety and productivity.
The renewed agreement is aimed at increasing the industry reach and offering customers a broader availability of interoperable grade control solutions.
These solutions will be available on a flexible platform that can be used by Caterpillar, Trimble, and other technology providers, as well as equipment manufacturers.
The partnership strengthens the ability of both companies to innovate and differentiate, develop new offerings, and pursue new industry and geographic opportunities.
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By GlobalDataFor Caterpillar customers, the agreement means more ways to access technology, including factory-fit grade options through Caterpillar itself.
Cat Grade 3D Ready options are designed to allow upgrades at any point within the machine life cycle, and there will be an expansion of aftermarket and digital offerings available directly through Cat dealers.
Trimble customers are also expected to see benefits from the broader availability of solutions, including continued mixed-fleet support from trusted SITECH dealers and an expanded distribution network.
This network aims to reach and meet the needs of mixed fleet customers more effectively.
Additionally, streamlined access to grade control through Trimble’s Construction One suite of digital solutions further extends Trimble’s construction technology ecosystem.
Trimble president and CEO Rob Painter said: “Trimble’s Connect & Scale strategy has created an ecosystem that empowers customers across both the physical and digital worlds. The next phase of our joint venture will drive innovation in grade control technology to expand the industry opportunity with localised and differentiated solutions while improving technology interoperability.
“This partnership underscores a joint commitment to connect the office and the field throughout the design-build-operate lifecycle of construction projects.”
In July this year, Trimble announced the expansion of its strategic partnership with Esri, which is intended to enhance geographic information system software, location intelligence, and mapping services in the construction industry.