Cargotec Transforms into a Digital Leader in Intelligent Cargo Handling with Internet of Things (IoT) Platform Powered by Cloudera

Cargotec offers solutions and services through various businesses in the areas of cargo and load handling that ensure its customers continuous, reliable and sustainable performance. Operating in more than 100 countries, and with sales of 3.5 billion EUR in 2016, the company and its subsidiaries have delivered half a million loader cranes to customers. They have also moved every fourth container in the world with terminal and port operation solutions, and offered engineering solutions and services for half of the world's ships to make transport by sea safe and reliable.

The IoT-as-a-Service solution uses machine learning to derive insights from streams of data across the thousands of cargo handling equipment and machinery to enable remote monitoring and predictive maintenance. Using data, cargo handling operation is improved, maintenance becomes predictive and anomalies are detected in real-time. This empowers Cargotec to increase their competitive edge by offering new types of intelligent services and solutions with embedded artificial intelligence to customers. Once collected and cross-utilized, enriched data will be used for driving and boosting new types of ecosystems by exposing the data through API's in a robust and controlled way to leverage data assets in new contexts.

"It is our goal to be a leader in intelligent cargo handling by 2020," said Soili Mäkinen, chief information officer at Cargotec. "With our scalable IoT platform, we can offer our customers data-based insights that many of these industrial companies have never seen before. We use IoT data and machine learning to help customers recognize how their cargo handling equipment are performing in different weather conditions, understand how usage relates to failure rates, and even detect anomalies in transport systems."

To support Cargotec's IoT goals, Cloudera, together with TCS, built a cloud-based, sensor data analytics framework that helps collect, store, analyze and correlate sensor data streams with data from internal, external and third-party data sources. The advanced analytics and machine learning platform, based on the flagship product Cloudera Enterprise Data Hub, will ingest data from equipment and fleet management, pull in weather patterns and forecasts, and contrast geography — to perform key analysis for remote monitoring, predictive equipment maintenance and anomaly detection, all in real-time.

"We are pleased to enable Cargotec with the Digital Reimagination™of its business processes and build a strong data backbone through our solutions and IP," said Dinanath Kholkar, global head of analytics and insights at TCS. "Our solution allows for real time sensor data acquisition to establish diagnostics and facilitate predictive maintenance. The established big data backbone is scalable, robust and cost effective, and will empower agility in data driven strategies and business growth."

With Cloudera Enterprise Data Hub, Cargotec derives fuel efficiency and route optimization which end users like ports or ships can purchase to improve their operational efficiencies. This creates new revenue models for Cargotec and keeps its focus on being an intelligent cargo handling solution. Additionally, the Cargotec data science team uses Cloudera Data Science Workbench, a collaborative hub and integrated development environment capable of running Python, R or Scala with support for Apache Spark to build machine learning solutions.

"The IoT solution will enable Cargotec, its partners and customers, to conceptualize entirely new ways of doing business while increasing operational efficiencies and driving incremental revenue," said David Pieterse, general manager, EMEA at Cloudera. "A key factor in developing the IoT into this type of business tool is employing open source technologies and machine learning analytics because it offers a flexible and diverse solution for the variety of data types coming from manufacturing and cargo equipment."

Additional Resources

• Learn more about Cloudera data management platform for IoT
• Stop by Cloudera Booth #225 at Strata Data New York to see some of our IoT solutions and demos in action
• Check out the new Cloudera Data Science Success Kit that includes Data Science Workbench bundled with world class professional services
• Listen to any of our onDemand webinars on IoT:
• Simplifying Real-Time Architectures for IoT with Apache Kudu
• IoT-Enabled Predictive Maintenance provided jointly with Tata Consultancy Services
• IoT - Data Management Trends, Best Practices & Key Use Cases with Christian Renaud of 451 Research
• Peruse Cloudera's customer success story featuring Navistar and how they reduced maintenance costs up to 40%

About Cargotec Oyj
Cargotec (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services. Cargotec's business areas Kalmar, Hiab and MacGregor are pioneers in their fields. Through their unique position in ports, at sea and on roads, they optimise global cargo flows and create sustainable customer value. Cargotec's sales in 2016 totaled approximately EUR 3.5 billion and it employs over 11,000 people. www.cargotec.com

About Cloudera
At Cloudera, we believe that data can make what is impossible today, possible tomorrow. We empower people to transform complex data into clear and actionable insights. We are the modern platform for machine learning and analytics optimized for the cloud. The world's largest enterprises trust Cloudera to help solve their most challenging business problems. Learn more at cloudera.com.

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This press release contains forward-looking statements including, among other things, statements regarding the expected performance and benefits of Cloudera's offerings. The words "believe," "may," "will," "plan," "expect," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission (SEC), including our Form S-1 Registration Statement, and our future reports that we may file with the SEC from time to time, which could cause actual results to vary from expectations. Cloudera assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.

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