Komatsu to Acquire Chile-based Digital Solutions Provider Octodots Analytics
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To expand its artificial intelligence (AI) capabilities and help customers optimize their mining operations, Komatsu announced today its intent to acquire Octodots Analytics, a Chile-based digital solutions provider.
The announcement comes as the company debuts its new modular ecosystem, a bold vision for the future of mine site optimization and data sharing. Building upon Komatsu’s industry-leading DISPATCH fleet management system, the modular ecosystem is a set of interconnected platforms and products designed to simplify existing workflows.
“Our ecosystem is designed to empower customers to optimize decision making at the machine, mine site and enterprise levels,” said Jason Fletcher, SVP Mining Technology Solutions, Komatsu.
“Octodots’ expertise and solutions map perfectly to what we’ve created and we are excited about the opportunities to incorporate their products and capabilities into our offering,” added Fletcher.
Since 2017, Octodots Analytics has been developing and commercializing advanced digital solutions for industries including mining, construction, forestry, transportation, and more. The company’s multidisciplinary team has particular expertise in three key areas: mining engineering, transportation, and data science.
The modular ecosystem will provide mining companies the ability to connect data used across their operations, including data from Komatsu products as well as third-party technologies and equipment from other manufacturers.
Komatsu develops and supplies technologies, equipment and services for the construction, mining, forklift, industrial, and forestry markets. For more than a century, the company has been creating value for its customers through manufacturing and technology innovation, partnering with others to empower a sustainable future where people, business and the planet thrive together. Front-line industries worldwide use Komatsu solutions to develop modern infrastructure, extract fundamental minerals, manage forests, and create consumer products. The company’s global service and distributor networks support customer operations to help enhance safety and promote productivity while working to optimize performance.
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