Caterpillar Thursday opened its first data innovation lab in the University of Illinois Research Park in Champaign.  The lab brings together resources for the company’s research and development efforts, including engineering, computer science, operations research and statistics, to produce development through data analysis.
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The Caterpillar data innovation lab is expected to employee 21 people, with 18 of those being University of Illinois students.
There are plans for the company to open more data innovation labs around the world in the future.
Caterpillar has been a part of the University of Illinois Research Park since 2001.
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