On December 11, Caterpillar and ZTR Technologies announced the establishment of PointGuard LLC, a 24/7 system monitoring and management solution for the electrical power generation, and the oil and gas engine markets. Both companies own 50% of the joint venture.
The system works from a central point, combining specific site equipment and information to provide a detailed analysis and summary report. System services include automated alarm notification, data storage and trending, fuel dispatch, and Global Positioning System mapping, directions and advanced reports. It features critical standby, peak shaving, and curtailment in the building services segment. Incident Manager, a software-based tool, tracks downtime causes and provides reports to help with contract compliance and process improvements.
Currently the system is available exclusively in North America, but the companies have future plans to market worldwide.