The headquarters of Caterpillar were relocated from Illinois to Irving in 2022, and the corporation is currently looking forward to the future of the business.
This week, the chief sustainability and strategy officer at Caterpillar gave a presentation at the annual meeting of the Irving/Las Colinas Chamber of Commerce.
George Moubayed says, “We just moved here,” and he is right. “There is some education involved. To some extent, it is a matter of discovering what is available in the community and what the community has to offer.
In addition to manufacturing locomotives, engines, and turbines, Caterpillar also manufactures equipment for mining and construction.
In addition, according to Moubayed, the company is investigating the ways in which its machinery might contribute to energy reliability.
When considering the energy requirements of data centers and artificial intelligence, it is important to keep in mind the energy requirements.
He argues that this puts a lot of strain on utilities, and it also puts a lot of pressure on the power side of things. “How do we use our equipment to support energy reliability?”
All of the company’s engines, according to Moubayed, are now capable of operating on biodiesel. According to him, Caterpillar manufactures a variety of equipment in order to fulfill particular requirements in various regions of the world.
He explains that Norway has different standards than Africa, which in turn would have different standards than the United States has.
According to Moubayed, Caterpillar has also manufactured 600 autonomous vehicles for use in mines. He claims that the equipment has not seen any safety difficulties in the ten years that it has been in use.
In the event that I had the option, I would choose to be in their presence because they will not be running. They are going to come to a stop in a controlled and pleasant manner right next to me, and I will be able to just stroll by,” he expresses.
According to Moubayed, Caterpillar is also collaborating with high schools in the Dallas Independent School District in order to assist in the training of the workforce that will be required in the present and future.
“We are working very closely with high schools on STEM, some of those programs where we could do digital fabrication,” according to his statement. “That learning is very important to develop that talent.”
In his words, the corporation is making efforts to capitalize on emerging technologies such as autonomous vehicles, artificial intelligence, and the utilization of alternative energy sources.
Moubayed believes that the concept of a “energy transition” has the potential to make people feel uneasy, but that this discomfort can drive to creativity.
“Be curious,” he advises you to do. “When I consider things from the point of view of strategy, I find that I particularly enjoy asking questions. In spite of the fact that it drives my colleagues absolutely crazy, I enjoy asking questions.
It is not because I am attempting to poke them or because I am confronting them. I am making an effort to acquire knowledge, and I believe that intellectual curiosity is essential for everyone.