The Value of Reducing Accidents
Reducing equipment accidents by 20% annually is a significant achievement for Caterpillar. They aim to create safer worksites and mitigate risks and liabilities associated with workplace accidents through safety features and tracking. This reduction ensures worker well-being and saves millions of dollars.
For heavy machinery leader Caterpillar, minimizing workplace accidents required a data-driven, safety-centric tech approach.
Workplace accidents involving Caterpillar equipment were above target levels, presenting risks and liability.
Solution
Worked closely with Caterpillar safety team to identify accident causes and develop tech features that directly address these pain points.
Execution
Implemented real-time sensor tracking, surveillance systems, and accident pattern analytics to boost on-site safety across projects.
Results
Decreased equipment-related accidents by 20% annually, leading to $4 million in savings and significantly safer worksites.
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