2016, The Year Of The……..
What can we look forward to this new year in regards to the heavy equipment industry? Let me grab my crystal ball and see what we can expect. Looking back on the accomplishments of companies like Caterpillar, Case, Komatsu and John Deere you might be able to predict the future as well.
We will no doubt continue to see technology play a big role in the manufacturing of new equipment. Autonomous machinery is getting a big push from large companies in part due to job site safety. These machines are not as widely used as I’m sure most of the companies were hoping for by this point in time but it is only a matter of time. The good thing about this technology is that even though there may not be an operator needed on the inside of the machine it still needs an operator. Fuel consumption has also continued to be a big project when combining technological advances with production. How long has this been an issue throughout history? Not just for heavy equipment but for many industries. Myself, I’m a little skeptical on how long this will take to resolve. Addition of software and monitoring systems in newer equipment seemingly eases the operation of the machinery but it can be an added headache for some. This addition could mean a more difficult transition for mechanics unfamiliar with computer software or just the average worker that is use to making their own adjustments.
As the year goes on we’ll cover each of these to see how they are progressing and how they are affecting the industry. What do you foresee as big changes for this coming year and will any of these changes actually lower the overall cost of ownership? Thoughts?