Caterpillar announces opening of data innovation lab
CHAMPAIGN - Caterpillar officials have announced the opening of the company's first data innovation lab, located in the University of Illinois' Research Park on the school's Urbana-Champaign campus.
Officials say the new lab will combine resources from fields such as engineering, computer science, operations research, and statistics to create innovative development through data analysis. Projects at the new facility will focus on exploring data-based technologies and advanced analytics technologies.
Caterpillar officials also say the new lab will help expand the university's existing recruitment efforts by providing additional research and development opportunities for future science, technology, engineering, and mathematics talent.