Caterpillar, Statsoft to join to improve manufacturing.(AUTOMOTIVE)

Advanced Materials & Processes, June, 2005

Caterpillar Inc. and Statsoft Inc., announce the general release of Proceed, a turnkey software solution designed for the modeling, optimization, and simulation of complex manufacturing processes. The Proceed software is based on the integration of Caterpillar's patent-pending analytic processes powered by the suite of Statistica enterprise analytics software.

Caterpillar's cutting-edge analytic processes are used to effectively simulate, predict, and optimize the outcome of complex manufacturing processes. [ILLUSTRATION OMITTED] StatSoft deployed Caterpillar's patented approach in its Statistica Enterprise analytics platform and will market and support the Proceed software. "This collaboration will combine and leverage the world-class know-how of...