A featured contribution from Leadership Perspectives: a curated forum reserved for leaders nominated by our subscribers and vetted by the Construction Tech Review Advisory Board.

Caterpillar
Morgan Vawter, Chief Analytics Director
Digging through the Data


Let’s take a closer look at where data science meets smart iron at Caterpillar Inc, the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. With over half a million connected assets, Caterpillar has the largest connected industrial fleet in the world.
Just as industrial manufacturing firms have invested in sensors and process controls for assembly lines, so have equipment OEMs by building them into systems, assemblies, and even individual parts. Construction and mining machines are analogous to mobile factories and when those factories aren’t producing, our customers aren’t making money.
Visualization is the key to understanding the data as analysts work with it, and to communicate the results to stakeholders
With the critical insights and recommendations in hand, the next step is to effectively communicate. Visualization is the key to understand the data as analysts work with it, and communicate the results to stakeholders. Effective visualizations should encompass more than a static story, by incorporating controls for the end-users to manipulate and interact with the representation. Almost 50 percent of the brain’s resources are dedicated to vision and over two-thirds of the body’s sense receptors are in the eye, therefore, vision is the primary and fastest way to process information.
Industrial companies are increasingly challenged to get the most out of our investments in big data, and the best path to maximize ROI is through agile development, which utilizes short sprints to deliver incremental wins. Consider using data-driven rapid improvement workshops and continuous improvement initiatives to connect your data scientists with technical experts and business stakeholders who will implement changes based on the analytics driven insights. Building small, project-focused applications, and solutions on top of a strong data model as a foundation, allows teams can move fast and deliver results quickly that meet diverse needs of the business. Delivering on the promise of big data is challenging, so it’s important to regularly reflect on the tactics and outcomes of each phase. Iterate, pivot, operationalize, and communicate wins within the enterprise before moving on to the next patch of incremental value.
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