Cxotalk: Leadership, Innovation, Disruption

Technology and Innovation Strategy with the CTO of Caterpillar

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Synopsis

Welcome to CXOTalk episode 807, with Karl Weiss, Chief Technology Officer at Caterpillar, an iconic brand and a leader in construction and mining equipment with over 100,000 employees, $60 billion in revenue, and 1.4 million connected assets globally,With 35 years of experience at the company, Weiss brings a nuanced understanding of how technology shapes business outcomes.Weiss shares Caterpillar's approach to innovation, which is led by customer needs. He highlights the use of autonomous and AI technologies in mining trucks and other heavy equipment, explaining how machine learning, virtual reality, digital twins, and data analytics contribute to safer and more efficient operations. He also mentions Caterpillar's steps towards electric vehicles, sustainability, supply chain resilience, and the exploration of emerging technologies such as autonomy and connectivity.This in-depth conversation includes these issues:► Caterpillar’s customer-driven approach to innovation, leveraging autonomy, AI, and machine learn