Posts Tagged: "Caterpillar patents"

Despite financial troubles Caterpillar still acquiring more U.S. patents than its rivals

With the nearly $1 billion drop in Caterpillar’s 2015 revenue forecast, the corporation has recently announced a corporate restructuring in its dealer and customer support divisions, including new divisions in global aftermarket solutions, marketing and digital as well as wear components & aftermarket distribution. Despite the issues, the corporation still has a heavy research and development presence. It earned 488 patents from the U.S. Patent and Trademark Office in 2014, placing it 88th overall among all companies petitioning the USPTO for patents that year; this figure was an incredible 47 percent higher than Caterpillar’s 2013 U.S. patent levels. Caterpillar’s 2014 patent earnings were much greater than heavy industry rivals Deere & Company (NYSE:DE) and Komatsu Ltd (TYO:6301), organizations which earned 214 and 132 U.S. patents in 2014 respectively. In the three months leading up to this writing, Caterpillar earned 170 U.S. patents, a quarterly pace that would see them increase the amount of patents earned in 2015 if maintained.

Caterpillar Patents: Automated Bulldozers, Hydraulics and Energy Efficient Vehicles

Caterpillar holds a respectable patent portfolio and has some strong intellectual property holdings in the field of industrial equipment. In 2013, the company earned 332 patents, an increase of 4.1 percent over the number of patents earned by Caterpillar in 2012 according to the Intellectual Property Owners Association. 2014 may be an even brighter year for corporate innovation at Caterpillar, as the company has received more than 60 patents within the past few weeks alone… Innovation is strong at Caterpillar and seemingly increasing in scope over the past few months. Some patent applications which we’ve discussed below include technologies for removing environmental pollutants, including nitrogen oxides, from machinery exhaust gas. Another patent application discusses a drive assist system for starting a heavy vehicle while parked on a hill. Many improvements to Caterpillar’s hardware, including an enhanced metallurgy process for casting metal parts, are also featured.